Lesson 3 Assignment 5 - Ashley B. Hilliard 258-10-0169...

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Ashley B. Hilliard 258-10-0169 October 4, 2010- January 21, 2011 BA 541 Lesson#3, Assignment 5 Read Case #7, "Aaron Feuerstein and Malden Mills" on pages 132-135 of Business Ethics: A Stakeholder and Issues Management Approach (5 th Edition). Consider and respond to the following questions in an essay of 300-350 words: 1. Evaluate Aaron Feuerstein's decision to rebuild Malden Mills after the fire and to keep all employees on the payroll in terms of being a good decision as well as an ethical decision. Explain your answer. 2. Describe Aaron Feuerstein as a 'man of values.' 3. What guidance can Feuerstein's values provide for your future behavior? 4. What challenges does seeking bankruptcy protection provide for a business owner who seems to care more about his workers than about his net financial worth? Feuerstein's decision to rebuild Malden Mills after the fire and to keep all employees on the payroll in terms of being a good decision was the most ethical choice a CEO has made in years. He had the opportunity to take the insurance money and live a very nice life, but he chose
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