Final Exam Essay Example | Topics and Well Written Essays - 1000 words - 7

Final Exam - Essay Example Though some of these values evolve to embrace the changing times and others may interpret it differently under different situation but the universal acceptance of what is right and what is wrong has given them a strong foothold to withstand the adversities of the time. Barring serious acts of omission and commission, it is increasingly becoming difficult for a person to maintain a high level of personal integrity as very often the personal values clash with the organization’s objectives and organization’s target based results. The application of ‘Ethical Business Leader’s Decision Tree’ helps to evaluate the ethical and legal dilemma of the issue at hand. In the contemporary time, the tree helps to evaluate the actions and performance outcome of the business decisions so as to ensure that the companies and business enterprises conform to the wider interests of their various stakeholders. The tree also promotes a sense of corporate social responsibility and relates the ‘standards imposed by law with those mandated as a matter of ethics’ (Ethics, Value Creation and Risk Management). As per the decision tree, the restaurant is bound to safeguard the interests of its customers by providing them with safe and edible food items. The contaminated sausages pose a threat to the well being of the customers and therefore, not only the whole shipment of the contaminated sausages be withdrawn, the seven customers who had fallen sick after eating those sausages, should also be appropriately compensated. The law also makes disclosure necessary under the ‘prevention of deceptive practices’ and Jerry and his partner must disclose that the contaminated sausages have been withdrawn from the restaurant menu. The decision tree has huge implications for all types of actions and business decisions for all stakeholders. The anxiety of George, business partner of Jerry, is also genuine because they have put a huge amount of money into