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Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered?
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Sara is financial advisor at a large corporation that has been struggl...
Ethical Temptation
The business ethics trade-off framework can be considered in this scenario. It involves weighing the costs and benefits of an ethical decision. In this case, Sara must weigh the benefits of receiving a significant bonus and job security against the costs of falsifying financial statements.
Possible Actions
1. Refuse the Proposal: Sara can refuse the proposal and maintain her ethical standards. She can explain to her boss the negative consequences of falsifying financial statements, such as legal and reputational risks.
2. Report the Proposal: Sara can report the proposal to an appropriate authority, such as the company's ethics hotline or regulatory agency. By doing so, she can protect the company's stakeholders from potential harm and prevent the unethical behavior from continuing.
3. Negotiate a Compromise: Sara can negotiate a compromise with her boss that satisfies both her ethical concerns and the company's financial needs. For example, she can suggest alternative ways to improve the company's performance without falsifying financial statements.
4. Accept the Proposal: Sara can accept the proposal and falsify financial statements to receive the bonus and job security. However, this decision can have serious negative consequences, such as losing her professional integrity, damaging the company's reputation, and facing legal penalties.
Conclusion
Sara faces a difficult ethical dilemma that requires careful consideration of the costs and benefits of her actions. While accepting the proposal may seem tempting, it can have severe negative consequences. Therefore, it is recommended that she refuses the proposal, reports it, or negotiates a compromise that aligns with her ethical values.
The business ethics trade-off framework can be considered in this scenario. It involves weighing the costs and benefits of an ethical decision. In this case, Sara must weigh the benefits of receiving a significant bonus and job security against the costs of falsifying financial statements.
Possible Actions
1. Refuse the Proposal: Sara can refuse the proposal and maintain her ethical standards. She can explain to her boss the negative consequences of falsifying financial statements, such as legal and reputational risks.
2. Report the Proposal: Sara can report the proposal to an appropriate authority, such as the company's ethics hotline or regulatory agency. By doing so, she can protect the company's stakeholders from potential harm and prevent the unethical behavior from continuing.
3. Negotiate a Compromise: Sara can negotiate a compromise with her boss that satisfies both her ethical concerns and the company's financial needs. For example, she can suggest alternative ways to improve the company's performance without falsifying financial statements.
4. Accept the Proposal: Sara can accept the proposal and falsify financial statements to receive the bonus and job security. However, this decision can have serious negative consequences, such as losing her professional integrity, damaging the company's reputation, and facing legal penalties.
Conclusion
Sara faces a difficult ethical dilemma that requires careful consideration of the costs and benefits of her actions. While accepting the proposal may seem tempting, it can have severe negative consequences. Therefore, it is recommended that she refuses the proposal, reports it, or negotiates a compromise that aligns with her ethical values.
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Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered?
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Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered?.
Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sara is financial advisor at a large corporation that has been struggling financially due to the covide-19 pandemic. your boss approaches you with a proposal : If you falsify the company”s financial statements to make it look they are performing better than they actually are, you will receive a significant bonus and your job will be secure. what do you do? Discuss this answer on the basis of the Ethical temptation ( The business ethics trade off framework can be considered?.
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