Describe the appropriate process to use in making decision

Assignment Help Business Law and Ethics

Reference no: EM13821301

Ethics and business Values

Reference American Buisness Values by Geraald Cavangh 6e. & Business and Society ethics and Shareholder Management 8the by Ann K. Buchholtz

Answer the following question based on the readings from both books.

Scenerio: You are a manager in a firm in a very competitive industry. Your major competitor has made an important scientific discovery that will give it a substantial competitive advantage for years to come. A scientist who knows the details of the discovery applies for a job at your firm.

There are no legal barriers to hiring the scientist (and picking her/his brain). However, there may be ethical issues.

Answer the following 3 questions based on the facts above.

1) Will you hire the scientist?

2) Describe the appropriate process to use in making this decision. (Hint: A process is a sequence of events.)

3) Do you believe the application of ethical principles hinders free enterprise in the US? Why or why not?

Reference no: EM13821301

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