Stakeholders include any person, group, or organization that has an interest or concern in a particular decision or situation (WebFinance, Inc. , 2015). I have identified four major stakeholders directly involved in the decision I make concerning the chemical refinery. These include: (a) the Navajo nation and surrounding communities, (b) the chemical refinery company, (c) potential shareholders, and (d) me.
The Navajo nation and the surrounding communities are extremely impoverished. The minority group cannot offer monetary resources to aid the situation. Also, the reservation is currently in the dark about their potential poisoning. Polluting the ground water they use for water, cooking, and showering could potentially make them ill or eventually …show more content…
The Environmental Protection Agency (EPA,) the reservation, nor the company have the immediate funds to support the project. Out of the three payment options, the chemical refinery is the only option that sees the potential future cash flows to support the problem. However, they can only afford the project if they issue a stock offering. Preparing for the stock offering takes time. Unfortunately, time is of the utmost importance. The time constraint and extent of damage directly affects my decision. Every day that passes, the probable harm increases to the Navajo community. Furthermore, I cannot predict the levels of chemical sludge that is seeping into the ground. Due to uncertainty of the timing and the extent of damage, I must rely on faithful representation and best predictions.
VI. Utilitarian Analysis Utilitarian ethics focuses on the consequences of an action. When academics put their Utilitarian “hat” on, they are looking for the actions that provide the maximum benefits to society, while producing the minimum harms. In other words, they are looking for net good over net bad (Treviño & Nelson, 2014). While looking through the Utilitarian lenses, the rights of minorities are forgotten and omniscience is
The Navajo nation and the surrounding communities are extremely impoverished. The minority group cannot offer monetary resources to aid the situation. Also, the reservation is currently in the dark about their potential poisoning. Polluting the ground water they use for water, cooking, and showering could potentially make them ill or eventually …show more content…
The Environmental Protection Agency (EPA,) the reservation, nor the company have the immediate funds to support the project. Out of the three payment options, the chemical refinery is the only option that sees the potential future cash flows to support the problem. However, they can only afford the project if they issue a stock offering. Preparing for the stock offering takes time. Unfortunately, time is of the utmost importance. The time constraint and extent of damage directly affects my decision. Every day that passes, the probable harm increases to the Navajo community. Furthermore, I cannot predict the levels of chemical sludge that is seeping into the ground. Due to uncertainty of the timing and the extent of damage, I must rely on faithful representation and best predictions.
VI. Utilitarian Analysis Utilitarian ethics focuses on the consequences of an action. When academics put their Utilitarian “hat” on, they are looking for the actions that provide the maximum benefits to society, while producing the minimum harms. In other words, they are looking for net good over net bad (Treviño & Nelson, 2014). While looking through the Utilitarian lenses, the rights of minorities are forgotten and omniscience is