Business Ethics Decision Making using Kidder' Ethics Check Points
Identification of the relevant facts
Identification of the moral issue 2
Potential for harm
Determination of the moral agents
The "trilemma" options
Test for right-versus-wrong issues
Application of resolution principles
The Decision
Reflection of the decision
Identification of the relevant facts
In this case examination, we consider the case of the bailout of General Motors by the U.S. government in 2014. This is based on a report published by news agency Reuters on April 30, 2014, titled "U.S. government says it lost $11.2 billion on GM bailout." It is revealed in the news report that U.S. government lost $11.2 billion when it bailed out General Motors Co through its selling of the government shares in GM in December the earlier year. More than $50 billion was used to bail out GM from the brink of the company's 2009 bankruptcy ("U.S. government says it lost $11.2 billion on GM bailout," 2016). The government used public money for the bailout of a private company.
Identification of the moral issue
The moral issue, in this case, is that the U.S. government not only lost money but the money it lost belonged to the taxpayers of the country. The government used money that it had collected from the taxpayers with the known promise of spending it in a manner that benefits the people from which it was collected. However, the government instead used the money to provide relief to a private company and thus it can be concluded that the spending of the public money did not serve any greater...
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