Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Ethics and Legal Environment
What action, if any, should Rob take, and why?
Since the shareholders and the community have raised their dissatisfaction with Dusty based on his past criminal history, Rob Browning should issue a comprehensive statement on what led to his appointment to the company. He should also convene an emergency meeting with the stakeholders and the community so that he can apologize to them and then table the facts and the record of Dusty's community initiatives and successes. This is because the reputation of the Firearms Company is at stake and thus an instant invention is necessary. After explaining to the stakeholders and the community about Dusty's record in community service, Rob should give chance Dusty to defend himself against the allegations; after all, everybody has some unfavorable past in their life (Lawton, & Paez, 2014). This will pave the way for Dusty's exoneration from his youthful past and save the company from embarrassment and ridicule. Also, the board, the stakeholders, and the community will weigh on the merits and the demerits of continuing to accept Dusty as the board chair or be compelled to resign.
Rob can also ask Dusty to resign as the board chair and request the board members to elect a new board chair within the stipulated duration. This move will be a precaution to save the reputation...
The board chair of any organization is mandated with promoting, openness and integrity in the running of the company's affairs. Therefore, it would be ironical when the chairperson of the board himself has questionable past and thus the honorable action that Rob has at his disposal is to ask immediate resignation of Dusty as the Board Chairman (Badaracco, 2002).
What are Rob's options?
Rob as the CEO of the Firearms Company has two options at his disposal. The first option would be to ignore the outcry of the community and the company's stakeholders and stick with Dusty as the board chair. After all, it is his hard work and proven track record of community service that earned him a slot on the company's board. His excellent work and the cordial relationship he had with the board members for the duration also led to his election as the board chair.
The second option for Rob Browning is to respect the outcry of the community and the owners of the company who are the stakeholders by bowing down to the pressure and suspend Dusty pending his dismissal. The board can then schedule a meeting to oust Dusty as the chairperson and elect a new board chair. This option will quench the anger of the company stakeholders and the community as a whole (Lawton, & Paez, 2014).
How should…
References
Badaracco, J. L., Jr. (2002). Defining Moments: A Framework for Moral Decisions. Harvard Business School Faculty Seminar Series
Lawton, A. & Paez, I. (2014). Developing a Framework for Ethical Leadership. Journal of Business Ethics, Vol. 130(3): 639-649
Ethical-Legal Nursing Discussions - Part II Moral Distress and Moral Integrity Comment by Ileana: OverviewMoral Distress in Advanced Practice NursingThe meaning of moral distress has been changing in nursing. No definition fits all dilemmas. Moral distress includes cultural beliefs, religious beliefs, educational level, and outside forces that influence thinking. It is important to learn that moral distress is an emotion managed by coping and emotional intelligence. Analyze the difference between moral distress
Corporate Governance and Ethical Responsibility Dr. DoRight recently hired President "Universal Human Care Hospital," oversees departments 5,000 employees 20,000 patients medical facility. He provided a broad set duties oversight numerous departments, including business development, customer services, human resources, legal, patient advocacy, a . Corporate Governance and Ethical Responsibility Duty of loyalty owed to internal and external stakeholders According to Heath (2006) , duty of loyalty entails good faith and honesty in best interests of a
Establishing an NP Led Wellness and Recovery Center for Deinstitutionalized Individuals Historically, nursing, and medicine professions have been loath to utilize tools commonly linked with mercenary aspects of business, such as market research and decision analysis. In the contemporary health care setting, however, consumers hold numerous options for care providers. The division of the market or market segmentation into different subgroups allows the determination of target markets and the buildup of
……South African Municipalities Municipal Revenue Loss Reduction through Improved Municipal Valuation Methodologies:Balance Sheet Enhancement of South African Municipalities to Improve Rates and Taxes Revenue GenerationAbstractThis study examines the property valuation process of Municipalities in South Africa and develops a strategy for strengthening that process in order to more efficiently value properties and ultimately to enhance municipal balance sheets and increase revenue streams. This study proposes an innovative valuation method based
Fault: An Alternative to the Current Tort-Based System in England and Wales The United Kingdom statistics regarding claims THE NATIONAL HEALTH SYSTEM OBSTACLES TO DUE PROCESS THE CASE FOR REFORM THE REGULATORY ENVIRONMENT THE RISING COST OF LITIGATION LORD WOOLF'S REFORMS MORE COST CONTROLS THE UNITED STATES PAUL'S PULLOUT THE INSURANCE INDUSTRY TORT REFORM IN AMERICA FLEEING PHYSICIANS STATISTICS FOR ERROR, INJURY AND DEATH THE CALL FOR REFORM IN 2003: A FAMILIAR REFRAIN THE UNITED STATES SITUATION, IN SUMMARY NEW ZEALAND CASE STUDIES THE SWEDISH SCHEME COMPARISON: WHICH SYSTEM IS
Sales Management & Strategic Marketing LO 1: Understand the Basic Principles of Sales ManagementWhat is sales management?Sales management refers to creating selling strategies, recruiting and training the sales team, and organizing the activities that aim to achieve the company�s sales target. Sales management is critical in helping the business create a superior sales force, minimize costs, develop a robust relationship among the team members and the consumers, and achieve the