Business and Society

Topics: Ethics, Morality, Board of directors Pages: 4 (1236 words) Published: February 20, 2013
“Business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed.” (Crane and Matten, 2010) What is good and bad ? there should be certain principles to define moral judgments and it's not the same in every culture. Ethics provide an idea of what is morally right and what is morally wrong, Ethics help one's do the right thing when faced with a moral dilemma. (Crane and Matten, 2010) In this case Victoria Patel faces a moral and ethical dilemma when she finds out that their newly appointed CEO has counterfeited his documents about his qualification from University of Harvard. Using theory 1 and theory 2 this essay aims at helping Victoria come up with a decision.

Stake holder analysis
A stakeholder is a person who is affected by any decision or action caused by an organization. Victoria Patel
Victoria is the non executive board director at Super software. She was a part of the nomination committee who were responsible for appointing a new CEO who could help the company restore its stand in the market. Victoria and the other members of the nomination committee appointed Richard Smart as their CEO because of his exceptional qualification from Harvard and Chicago University. Victoria stumbled upon evidence that Richard smart is not qualified from Harvard now she faces an ethical dilemma whether she should expose Richard smart or hide the information from the board of directors. Richard Smart

Richard Smart is a graduate from Harvard and Chicago University, he was appointed as the CEO of SuperSoftware. He is well experienced and has flipped the situation around for SuperSoftware and put them in a better position than their competitors with his new strategic plan, he has also played out his role being socially responsible and carrying out corporate social responsibility by developing a workplace scheme that the company offers to disadvantaged people of the community. Although he may be...
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