Case-the toy manufacturer dilemma

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Case: The Toy Manufacturer's Dilemma

You are the owner of a medium business enterprise that manufactures and sells toys. You have found out that you are using a particular chemical that is suspected to be harmful to people, especially children. You consider discontinuing the use of the said substance. However, the alternative chemical is expensive, and it might take months before you can arrange its purchase and shipment. Consequently, this means a possible three-month temporary work stoppage period for your 56 workers. You are well aware that these workers are entirely dependent on the wages that they receive from you.

Questions:

1. How will you resolve the case?

2. What does it tell us about the importance of studying business ethics?

Reference no: EM132629654

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