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Application of Law and Ethics in Business Decision Making

Go to http://ba.gsia.cmu.edu/ethics/AA/mgtmini.htm.

Read Case #1 "Family Business." Prepare a three-page analysis answering the questions on the following page:

Introduction
â?¢ Who are the stakeholders in this case?
â?¢ What are the interests of the stakeholders?

Legal Analysis

â?¢ Do any of the labor or employment laws from the eGuide apply to this case?
â?¢ If they do apply, analyze the legality of the corporationâ??s actions in this case.
â?¢ If the laws do not apply to the actions in this case, explain why they do not apply.

Ethical Analysis

â?¢ If the decision maker applied the categorical imperative theory in this case, what would the result be, and why?
â?¢ If the decision maker applied the utilitarian theory in this case, what would the result be, and why?
â?¢ If the decision maker applied the rights theory in this case, what would the result be, and why?
â?¢ If the decision maker applied the justice theory in this case, what would the result be, and why?

Conclusion and Recommendation

What is your final recommendation to the corporation regarding this case? Your recommendation should be at least two paragraphs and include at least three reasons, with specific references to material, stating how you arrived at that conclusion.

All sources must be sited in apa format

Checklist
Apply the four theories of ethics using examples

Relate what distinguishes the requirements for each individual theory

Illustrate how the ethical theories are used in reasoned decision making

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Solution Summary

The solution addresses a case in which ethical and legal considerations should be made, prior to managers making decisions in business situations. The discussion addresses the various ethical theories applied to the case presented, as well as justification for various decisions that might be made.

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