Assignment detail:
It is time for the semiannual category review for electronics. You will be assessing space allocations for the category with your team and key vendors. All vendors have submitted recommendations in advance regarding their products, including any new products that the manufacturers will be offering soon. A few vendors who are hopeful to build a business relationship with MV have also submitted proposals regarding introduction of their products in MV's stores.
The following two situations have emerged with the category review:
One of the potential new vendors is introducing an innovative video game console and related products that are predicted to be the hot sellers of the upcoming holiday season. Any store that decides not to carry these items could be walking away from significant unit sales and profit margins, according to the manufacturer and selected trade publications. The regional sales manager for this company happens to be a close relative of yours.
As the category review date nears, a representative for a major television manufacturer provides product samples for the store of its new LCD line. The representative has also discovered your address and sent one model to your home for evaluation.
Questions need answered:
What specific ethical issues are presented by these situations? How would you address each situation? Provide a detailed approach to each situation and justify your decisions, taking into account your values, the MV code of conduct, and ethical theories.
Objective of this assignment is to:
Identify issues related to recognizing decision problems and propose approaches to managing conflicts of interests.
Apply the basic elements of ethical behavior to situations confronting leaders and managers in implementing the code of conduct framework in the workplace and their relationship to ethical decision making.