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5 Cards in this Set

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  • Back
Solving an Ethical Dilemma:
1. Recognize an ethical situation and the ethical issues involved.
2. Identify and analyze the principal elements in the situation.
3. Identify the alternatives and weigh the impact of each alternative on various stakeholders.
regulatory agencies
want to know if company is operating within prescribed rules
taxing authorities
want to know whether company complies with the tax laws
customers
interested in whether company will continue to honor product warranties and support its product lines
labor unions
want to know if owners can pay increased wages and benefits