Ethical options of a jewelry store owner
Not what you're looking for?
Suppose you are the owner of a small jewelry store that sells new and antique jewelry. A customer leaves a family heirloom-an elaborate diamond ring-with you for cleaning and resetting. By mistake, a clerk in your store sells it to another customer. What would you do? If you were the buyer of the ring and had given it to your fiance as a gift and then were informed of the circumstances, what would you do?
Purchase this Solution
Solution Summary
This solution provides information concerning the ethical options of a jewelry store owner.
Solution Preview
Hello. I provide the following for your review. This question is largely based on your own opinion and morals. However,
If I owned a jewelry store and a clerk sells the heirloom to another customer, I would first try to rectify the matter with the purchaser. I would notify the individual who purchased the ring and advise them of the situation. Either way, I believe that you should tell the individual who the ring belonged to. This is tehnically an ethical matter.
I provide the following for what ethics is:
Being ethical is also not the same as following the law. The law often incorporates ethical standards to which most citizens subscribe. But laws, like feelings, can deviate from what is ethical. Our own pre-Civil War slavery laws and the old apartheid laws of present-day South Africa are grotesquely obvious examples of laws that deviate from what is ethical.
Finally, being ethical is not the same as doing "whatever ...
Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Motivation
This tests some key elements of major motivation theories.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.