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Running head: RESOLVING ETHICAL BUSINESS CHALLENGES 1Resolving Ethical Business Challenges Week 4Shaun Sullivan SchmittCardinal Stritch UniversityJanuary 31, 2015
RESOLVING ETHICAL BUSINESS CHALLENGES 2Describe the stakeholders involved in this ethical dilemma.To name a few of the stakeholders; board of trustees, advisors, professors, foundation members, alumni and students. Those in authority have a right to know the breach in the system, so they can learn for it and install safeguards. Bill’s actions against the University is a conflict of interests, as he is stealing from them, and enjoying it. What stake do they have the situation?The stakeholders have a vested interests in the University, they are all affected by the pilfering of the organization’s funds. Bill’s actions are both ethical and legal. His behavior is unacceptable in any culture, and will no doubt yield legal ramifications. If Ahmed reports Bill’s actions to their supervisor, the University will dismiss Bill and file charges against him. This willbe an act of deterrent for such future attempts for everyone management and students alike. The results of Bill’s actions will no doubt become a very expensive and damaging lesson. What are some of the risks Ahmed faces, if he becomes a whistleblower? Ahmed may lose his job, and suffer many legal battles. He could have economic impact, not to mention, health and relational problems which are common with such cases.