StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

A Focus on the Case of Sole Remaining supplier - Essay Example

Cite this document
Summary
The evolution of the world has continuously led to the emergence of new approaches that have subjected most businesses to global competition and ethical demands. In some cases, the subject of upholding ethics has only resulted in dilemmas with far reaching implications. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
A Focus on the Case of Sole Remaining supplier
Read Text Preview

Extract of sample "A Focus on the Case of Sole Remaining supplier"

? Using the Utilitarian Approach: A Focus on the Case of ‘Sole Remaining supplier’ The Sole Remaining Supplier Ethical Problem The evolution of the world has continuously led to the emergence of new approaches that have subjected most businesses to global competition and ethical demands. In some cases, the subject of upholding ethics has only resulted in dilemmas with far reaching implications. Such is a situation of the case ‘Sole Remaining Supplier’. The case describes a heart pacemaker technology; though it is a marvelous device, it also raises ethical questions. The device has the capability of making automatic adjustments depending on the deviations from normal heartbeats. The device has the ability of stimulating heartbeats in the cases of abnormal pulse rates. However, during its developmental course, the device was marred by certain limitations. Despite the fact that the incidences occurred several decades back, the device is subject to relevant ethical questions. This paper considers a scenario where the pacemaker technology is gaining momentum despite its inherent weaknesses and regular failures that cause death. Later, the technology raises concerns and prompts reconsideration. Additionally, the device also consists of delicate transistors, the delicacy of which increases the probability of the device becoming faulty. If the processes of supplying the transistors are halted, people are likely to miss the devices. On the other hand, if the supply process continues, people are likely to be victims of the failed devices. A decision has to be made eventually. The crucial question then is what course of action a transistor supplier should take. Utilitarian issues in the case Utilitarianism refers to the ethical theory which postulates that taking an appropriate course of action increases the chances of perfection. Its moral worthiness is based on the consequences of actions (Rawls, 2011). Proponents of this theory are J.S. Mill and Jeremy Bentham. Utilitarianism may be considered as an ethical approach that is quantitative and reductionistic. It considerably differs from other ethical theories such as deontological ethics, virtue ethics, pragmatic ethics and other consequantialist approaches. While deontological ethics differ from utilitarianism in their disregard for consequantialism, pragmatic, virtue and other consequantialist ethics differ from utilitarianism through their considerable regard of character as an aspect that determines the achievement of pleasurable ethical results. Utilitarianism is arguably the greatest principle that allows achieving happiness and felicity. Even so, the practicability of utilitarianism has not been without shortcomings, such as not accounting adequately for moral concepts such as promise and justice. This had prompted some changes in the theory to iron out the shortcomings. When an individual encounters a situation which requires him or her to make a choice, he or she should first hold back, weigh the situation in terms of appropriate choices, considering the consequences of each choice. On determining the choice that will yield the pleasurable outcomes, one can then proceed to take the course of action, and this could be applicable to the Sole Supplier case. Utilitarian elements that are presented in the case concern obligations, ethics for common good, action consequences, moral good and conflicting interests. For a business rising from scratches, some models of corporate social responsibility emphasize the primacy of the corporation’s economic responsibility to stick to survival while making profits. Other responsibilities, such as abiding by ethical activities that are discretionary, are not a priority (Sun, 2010). Other approaches hold that ethics should come first, so corporations should consider conforming to ethical and legal standards as the most important aspect. In this case, it does not matter whether a business is competitive or not; businesses could still maintain competitiveness or become competitive even while carrying out ethical, legal and discretionary social responsibilities. Manuel, Claire, Shanks and Meyer (2011) suggest that utilitarianism can resolve the dilemma. Here, various tests including common good and utility tests may be employed in resolving the dilemma. The Utility Test Utility test is one of the models employed in tackling problems of the utilitarian stand. The following are pivotal steps in tackling a problem in the utilitarian way (Brooke, 2009). Step A The first step entails identification of alternative actions and enlists consequences for people who are to be affected by the action. Step B The second step entails weighing the costs and benefits of the affected groups for each possible alternative. The prediction may base on probability of outcomes and give consideration to long-term and short-term consequences as well as relative results to various groups. Step C The third step entails selecting the option that is likely to result in the most desirable outcome, that is, the greatest benefit to all those who are likely to be affected by the situation. If the benefits are outweighed by the costs, there is always the need to reconsider the action. Step D The fourth step entails questioning oneself what the outcome would have been if this particular choice of action had been a policy for all subsequent courses of action in similar situations. Step E The last stage is drawing the conclusion and taking the course of action. Applying the Utility Test to the Case In regard to the business dilemma, the first step would entail identifying the alternative approaches to the dilemma. Here, one alternative is to desist from cooperating with the pacemaker technology company by refusing to supply transistors to them. The other alternative is to cooperate with the device manufacturing company by supplying them with transistors. The consequence of desisting from supplying transistors is that the business, considering that it is unstable, could collapse. The firm solely depends on transistors to make the pacemaker devices. In this regard, the owner of the business would be denied the pleasure. Additionally, business collapse is accompanied by the consequence that the business would no longer benefit those it intended to serve, and this includes the targeted society. On the other hand, cooperating by supplying transistors creates the allowance for the firms to grow fast, make quick profits, and even rectify the mistakes. This implies that the business would grow and continue to serve the intended population. In the long run, it guarantees success to the society and the owner of the business. Clearly, weighing the consequences should lead to the decision to continue supplying the firm with transistors. The Common Good Test The common good test is another approach employed in resolving ethical problems. Step A According to Brook (2012), the first step of this approach entails the specification of the parts of common good that are contested. It is always imperative to question oneself if institutions, social systems and the environment would be compromised by the course of actions to be undertaken. What actions will strengthen them and what actions will weaken them? Step B The second step entails revisiting the accounts and their premises for the obligation to uphold the common good. As such, one may ask the following questions. What is the obligation of upholding the common good? Will it be an obligation to uphold the common good or will it be done for the sake of not harming those to be affected by the action? Step C The third step would entail conducting an inquiry whether or not the proposed action conflicts with the obligation. Step D The last stage entails drawing conclusions and determining the course of action. Here, one may discard or embrace the choice of actions. Using the Common good test the case In regard to the business dilemma, in the first step, parts of the common good are as follows. On one hand, there is the desire to make profits and serve the society effectively in the future. On the other hand, there is the desire to live by societal expectation, both in terms of present and future expectations. In the subsequent stage, it is obvious that it is the obligation of business to adhere to ethics by ensuring that lives are not lost as a result of fault devices. The third stage would imply that the decision to continue cooperating and supplying the firms with transistors would conflict with the obligation. The last stage goes further to nullify this decision. The only choice left is to desist from supplying transistors to the firm as the ultimate course of action. Analysis of the Tests with Desirable Outcomes Clearly, the two tests give conflicting outcomes. Utility test clears a young business from the agony to exercise social responsibility and ethics in the beginning, and the common good test does not exempt it from the obligation. However, utility test is likely to lead to desirable outcomes. This is because it considers the outcomes. On the other hand, the decision to incline to obligations can be particularly limiting. In particular, utility tests may yield desirable outcomes because it strives to attain best outcomes rather than the common good (Brooke, 2009). In this case, the manager should continue supplying the pacemaker technology firm with transistors. References Brooke, H. (2009). Utility test: Are we minimizing harm and maximizing good for those affected? Retrieved from http://ebeni.wordpress.com/decisions/theories/consequences/the-utility-test/ Brook, H. (2012). Common good test: How to utilize the common good test. Retrieved from http://ethicsops.com/CommonGood.php Manuel V., Claire, A., Shanks, T., & Meyer, M. (2011). The utilitarian approach to ethics: Calculating consequences. Retrieved from http://www.scu.edu/ethics/dialogue/candc/cases/supplier.html Rawls, J. (2011). Classical utilitarianism. Retrieved from http://philosophyfaculty.ucsd.edu/faculty/rarneson/Courses/RAWLSclassicUtil.pdf. Sun, W. (2010). Governing businesses so they serve the good: Theory for corporate governance. New York: Edwin Mellen. Thilmany, J. (2007). Supporting ethical employees. HR Magazine, 52(2), 105–110. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“A Focus on the Case of Sole Remaining supplier Essay”, n.d.)
A Focus on the Case of Sole Remaining supplier Essay. Retrieved from https://studentshare.org/management/1456088-a-focus-on-the-case-of-sole-remaining-supplier
(A Focus on the Case of Sole Remaining Supplier Essay)
A Focus on the Case of Sole Remaining Supplier Essay. https://studentshare.org/management/1456088-a-focus-on-the-case-of-sole-remaining-supplier.
“A Focus on the Case of Sole Remaining Supplier Essay”, n.d. https://studentshare.org/management/1456088-a-focus-on-the-case-of-sole-remaining-supplier.
  • Cited: 0 times

CHECK THESE SAMPLES OF A Focus on the Case of Sole Remaining supplier

The Retail Market of Several Strategic Groups as Tesco, Asda, Sainsburys, and Morrison

Though food remains the main focus on the big chains, as customer spend more time in the stores, the non-food portfolio that they hold also become profitable.... This is true in case of a reluctance to use Genetically Modified food to carbon labeling of electronic goods.... The consumer movement has also ensured that the supermarkets focus on remaining green.... The supplier margins have consistently eroded with the power of the big four....
13 Pages (3250 words) Case Study

Sales Channels in Retail Industry

The objective of this paper is to compare and contrast sales channels in the same product sector considering various strategies used in the buying assortment of these retailers.... Store design and how it supports buying and merchandising strategies of the retailers will also be looked at.... hellip; According to the report the discount retail industry emerged in the United States in the mid-1950s....
12 Pages (3000 words) Case Study

Marks and Spencer Food Division SWOT Analysis

The remaining 51 percent of the revenues come from the food division (M&S, 2009).... The paper "Marks and Spencer Food Division SWOT Analysis" discusses that the Marks and Spencer Group is primarily involved in the retailing of clothes, food and home products.... Clothing products include women's wear, men's wear, kids clothing and lingerie....
25 Pages (6250 words) Case Study

Operation Managment case study

Attaining operational excellence is critical for any business as organisations cannot afford to have quality issues, high cost operations or even long market cycles (Oracle 3).... Notably, one of the core advantages that businesses often attain to achieve is effective inventory… Optimal inventory management is vital for any business organisation....
13 Pages (3250 words) Case Study

Comparing the Strategies of Saudi Armando and Shell Inc

The company mainly attempt to maintain leadership for innovation in case of the energy industry.... After analysis of the two companies it is found that Saudi Armanco leads a major share of the market and in fact is the largest energy company in the whole world.... Shell follows the company in the list of top NGOs in the 8th position. The value proposition of Shell is that it… vides best infrastructure and provides competitive return to its shareholders and to its customers and performing the social and environmental responsibility. Saudi Aramco mainly contributes to around 86 % of the Government revenue....
13 Pages (3250 words) Case Study

The Concept of Open Book Costing

Carl Frahme, in his study on Open Book Management, said that “that it is a way of running a company that gets everyone to focus on helping the business make money.... nbsp; First, when supplier perceived buyer to be an unimportant client in the marketplace as compared to those companies who do not care for partner relations.... (CIPS)   Second, when the supplier does not feel comfortable with the arrangement, because some suppliers do not like their practice to be scrutinized....
14 Pages (3500 words) Case Study

Business Continuity Management - British Petroleum Company United Kingdom

… The paper "Business Continuity Management - British Petroleum Company United Kingdom' is a great example of a case study on management.... The paper "Business Continuity Management - British Petroleum Company United Kingdom' is a great example of a case study on management....
12 Pages (3000 words) Case Study

DVD Players Distribution Plan - The Adorable Electronic Suppliers Ltd

he relationship between our company and Target Stores is that of a buyer-supplier relationship.... This case study "DVD Players Distribution Plan - The Adorable Electronic Suppliers Ltd" develops a distribution plan.... We have maintained good long-lasting relations due to our first-class reputation in the supply of quality electronics and for this case DVD Players....
19 Pages (4750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us