ETHICAL DECISION MAKING IN DIFFICULT SITUATIONS

THE HISTORY OF BUSINESS ETHICS AND STAKEHOLDER THEORY IN AMERICA
December 9, 2017
Sociology 207 American Diversity
December 9, 2017

 

ETHICAL DECISION MAKING IN DIFFICULT SITUATIONS
Assignment Overview
Moving Toward an Ethical Workplace
As you can see from your reading for the case assignment Lockheed Martin has a very interesting history and this history has had an impact on where

the company is today with respect to its existing ethics program.
Case Assignment
After reading Chapter 2 of the text, please write a 4-5 page essay that addresses the following:
Lockheed has an interesting history that seemed innocent enough up until around the 1950s. You’ll note on p. 56 of Terris’ book that the company began

to engage in some questionable sales strategies with other nations in an effort sell the F-104 Starfighter so as to recoup costs when their US sales

strategy failed.
1. Describe some of the unorthodox strategies covered by Terris during this era that made Lockheed become “…a byword for the shady practices of

American multi-national corporations, and a major impetus for new legislation…”.
2. On the issue of overseas bribes, Terris asks the questions, “Who was hurt by the [overseas bribes to secure sales of aircraft]? The

competitors, of course, but what was unethical about beating out the competition that was playing by the same rules?” (p.59). What do you think about

a situation where underhanded and back door deals are the way the game is played if everybody is on the same playing field? That is to say, if

everybody is playing by the same shady rules, is it unethical to compete?

In your reading you will note that defense contractors continued to find themselves in hot water well into the 1970s as a result of overpricing and

additional charges of bribery. In the late 70s Lockheed established its first code of ethics and later the major defense contractors came to the table

to level the playing field with the Defense Industry Initiative (DII), by agreeing on a set of ethical principles. This was an important turning point

as was bringing Norman Augustine on board.
3. Why was the DII so important to the eventual success of Lockheed Martin’s ethics program?
4. Discuss Norman Augustine’s and Dilbert’s contribution in helping Lockheed Martin turn the corner with its ethics program.
Assignment Expectations
Your paper should be 4 to 5 pages, should be double-spaced and in 12-point type size.
Your paper should have a separate cover page and a separate reference page. Make sure you cite your sources.
Use APA style, and proofread your paper.

Module 2 – Background
ETHICAL DECISION MAKING IN DIFFICULT SITUATIONS
Required Reading
For your Case Assignment, please read pages 49-75 for this module of the following book in our e-library.
Terris, Daniel. (2005) Ethics at Work: Creating Virtue at an American Corporation. Brandeis University Press. Waltham, MA. Retrieved from ProQuest

ebrary.
For your SLP assignment, please read the following article.
De Cremer, D., & de Bettignies, H. (2013). Pragmatic business ethics. Business Strategy Review,24(2), 64-67. Retrieved from Trident University

Library.
Also, please spend some time researching other sources to help you develop your key arguments.
Snell, R. (2013). Teaching rules-based and values-based ethics. Journal of Health Care Compliance, 15(1), 29-32. Retrieved from the Trident Online

Library.
The following Pearson learning tools should be reviewed to help you prepare for your discussion board postings:
Pearson MyCourse Tools, (2015). Utilitarian Theory. Interactive Tutorial. Retrieved from:http://www.pearsoncustom.com/mct-comprehensive/asset.php?

isbn=1269879944&id=22537
Pearson MyCourse Tools, (2015) Utilitarian Theory. Podcast. Retrieved from:http://www.pearsoncustom.com/mct-comprehensive/asset.php?

isbn=1269879944&id=22539

 

 


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