Research and understand ethical approaches


Details: As you have already learned during your tenure at MV and from exposure to business news, it is not unusual for leaders and managers to encounter ethical situations. These situations often lead to assessment of organizational standards, personal values, and societal expectations to reach the right decision. As a category leader who has encountered several ethical dilemmas and as a new member of the MV ethics committee, you are motivated to research and understand ethical approaches. This knowledge will be useful in providing guidance as you approach decision-making processes for your business unit. It can also support your actions and your contributions to the committee's activities, providing a positive impact on the organization.

Research the normative ethics theory. What are the key elements of this theory? Do you agree or disagree with this approach and why?

Next, apply normative ethics theory to the following situation:

MV is considering a venture into urban locations, which is receiving much protest in one city. Local citizens believe that a superstore such as MV will negatively impact the community by putting long-standing, mom-and-pop stores out of business. MV is concerned about the communities in which it operates and often contributes to local causes. As part of its local cause efforts, MV is considering a campaign contribution to a candidate who is currently running for reelection. This candidate happens to be part of a city government team that will determine if MV can open a store within city limits.

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Business Law and Ethics: Research and understand ethical approaches
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