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Business Ethics- Crisis management

In your business experience, consider the number of situations you have experienced where a crisis occurred. Reflect on the response process and whether all stakeholders were well served in a fair and ethical manner. In the summary, share the facts of the crisis and your analysis of whether it was the best response for all stakeholders involved.

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In a factory setting, one of the most frequent crisis situations that occur is safety incidents. Depending on the level of severity of the accident, this will determine the amount and appropriateness of the response it receives. The stakeholders in these situations will be the employees affected by the accident and the managers responsible for those employees along with the safety manager and human resources. All of these stakeholders will have a pivotal role in the outcome of the incident investigation and the actions that are taken going forward (Nelson, 2011).

As an example; there was an incident where an employee broke a safety rule and placed their hand inside of a machine to grab a stuck part while ...

Solution Summary

In a factory setting, one of the most frequent crisis situations that occur is safety incidents. Depending on the level of severity of the accident, this will determine the amount and appropriateness of the response it receives. The stakeholders in these situations will be the employees affected by the accident and the managers responsible for those employees along with the safety manager and human resources. All of these stakeholders will have a pivotal role in the outcome of the incident investigation and the actions that are taken going forward (Nelson, 2011).

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