In this exercise, you will be applying the concepts that we learned from class to a current business problem. First, you have the choice of which ethics problem to address. You may choose form the topics below.

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les305-application_exercise_template.docx

A. Explain whether you have an ethical problem using the Categories of Ethical Dilemmas presented in the course material. Which category or categories does the problem fall into? [Grading note, if more than one category is applicable and you fail to recognize it, then you will not receive full credit.]

B. Apply the Steps for Analyzing Ethical Dilemmas .  Be sure to go through each step thoroughly. 

Step 1: Gather facts.

Step 2: List missing info and assumptions.

Step 3: List each stakeholder’s interests (concerns) in the dilemma. [Note: You should analyze at least 6 stakeholders and their interests.]

Step 4: Generate list of alternatives.

Step 5: Evaluate resolutions for cost, legality and impact (apply models).

Step 6: Recommend and take action.

Step 7: Make changes to managerial practices to prevent recurrence.

A.

Explain

whether

you

have

an

ethical

problem

using

the

Categories

of

Ethical

Dilemmas

presented

in

the

course

material.

Which

category

or

categories

does

the

problem

fall

into?

[Grading

note,

if

more

than

one

category

is

applicable

and

you

fail

to

recognize

it,

then

you

will

not

receive

full

credit.]

B.

Apply

the

Steps

for

Analyzing

Ethical

Dilemmas

.

Be

sure

to

go

through

each

step

thoroughly.

Step

1:

Gather

facts.

Step

2:

List

missing

info

and

assumptions.

Step

3:

List

each

stakeholder

s

interests

(concerns)

in

the

dilemma.

[Note:

You

should

analyze

at

least

6

stakeholders

and

their

interests.]

Step

4:

Generate

list

of

alternatives.

Step

5:

Evaluate

resolutions

for

cost,

legality

and

impact

(apply

models).

Step

6:

Recommend

and

take

action.

Step

7:

Make

changes

to

managerial

practices

to

prevent

recurrence.