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Discussion2 ethicsdiscusion x
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Was Feuerstein guided by morals or ethics? I personally have confidence that Mr. Feuerstein was guided by ethics and moral while making the decision. During his interview on the video he stated that the decision was a wise business decision and the reason why he did it was because it was the right thing for him to do. This shows that the decision was more on the moral side. Mr. Feuerstein also speaks about his religion and how the functioning man should not need to suffer demonstrates that it’s been ingrained in him therefore this make me feels he made the right decision. Mr. Feuerstein trusts that the appalling circumstance ought not to be something he ought to have exploited to get the protection arrangement and resign; he additionally had an inclination that his employees made a difference and that is vital seeing that as a future graduate and profession individual. All this proves that Mr. Feuerstein made the right decision which was guided by morals.
Do you think he could have made the decision if Malden were a publicly traded company? If Mr. Feuerstein was in a publicly traded company he should have made the same decision. In most cases managers always want to maximize the wealth of the stakeholders but not free to also ignore the society interests. Feuerstein paid his employees making them to returned more joyful and more profitable on the off chance that he committed an error of not pay his workers compensations while the processing plant was in progress, they would be amazingly miserable, feeling lousy and not be as gainful as they were before which could over the long haul diminish the investor esteem. In this way Feuerstein had a duty to exceed the expenses of the investors ventures which could wind up profiting his workers since over the long haul it would host fulfilled the two gatherings.
Feuerstein in all likelihood has commentators for his choice since he was not thinking completely monetarily for his organization. Paying his representatives for the time off on account of the fire episode could have prompt him being supplanted as CEO and the organization recording liquidation in 2001. Individuals could contend that if his activities merited losing his total assets and bankrupting his own organization. Today, you can’t discover numerous CEOs that will do as much as Feuerstein improved the situation his representatives, particularly CEOs with high net worth’s. As I would like to think, these “commentators” are individuals who endeavor excessively on cash and not about the sentiments of others associated with the organization, who are likewise profiting
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