Ethical dilemma is the “quandary people find themselves in when they have to decide if they should act in a way that might help another person or group even though doing so might go against their own self-interest,” (pg. 101). In other words, it is when a person has a conflict in which they have to choose between two morally “right” choices. An example of ethical dilemma could be knowing that someone is responsible of stealing from a business, but indecisive as to what to do. Since that person is your friend, snitching is not an option; however, hiding the truth goes against what you believe also. Moral scruples are a personal code of what is right or wrong. Ethics is society’s moral principles of what is right or wrong. Ethics are moral values that help businesses decide the …show more content…
Discuss how Whole Foods Market's emphasis on the employee stakeholder leads to overall stakeholder well-being. Whole Foods Market’s emphasis on the employee stakeholder leads to overall stakeholder well-being, by supporting the “team members” so they can grow and improve. Whole Foods Market is a high standard company that focuses in the food business for food retailers and consumers. The employees are a very important part of the team, that helps increase innovation and the well-being of other stakeholders. 6. Suppose you are an accountant for a large publicly traded company. You have discovered an error in the financial records that makes the company look more profitable. Explain how the practical rule discussed in the text would be applied to this situation. A practical rule is when an “ethical decision is one that a manager has no reluctance about communicating to people outside the company because the typical person in a society would think it is acceptable,” (pg. 114). In the short scenario, the practical rule would apply, to help me decide whether or not to continue with the unethical act. The practical rule also helps managers take in consideration all benefited