BA541Case8 - BA541 Business Ethics Lesson#4 Assignment#6 Read Case#8"Aaron Feuerstein and Malden Mills on pages 152-157 of Business Ethics A

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BA541 Business Ethics Lesson #4 Assignment #6 Read Case #8, "Aaron Feuerstein and Malden Mills" on pages 152-157 of Business Ethics: A Stakeholder and Issues Management Approach (4th Edition). Consider and respond to the following questions. 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. One can first evaluate Mr. Feuerstein’s decision based on Nash’s 12 questions. His immediate problem, of course, was the fire at his plant. But he needed to decide quickly what to do about it. If he chose to accept the insurance money and close the plant, he would lose the business that had been in his family since 1906. It would have also created a shortage of some 3,000 jobs. If he chose to move his business to an area with less expensive labor, he would leave many in the town of Lawrence jobless, and he would also run the risk of compromising the quality of his products. He chose to be loyal to the company and its workers. He decided to rebuild, stay open,
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This note was uploaded on 05/09/2011 for the course BA 541 taught by Professor Leiter during the Spring '11 term at Andrew Jackson.

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BA541Case8 - BA541 Business Ethics Lesson#4 Assignment#6 Read Case#8"Aaron Feuerstein and Malden Mills on pages 152-157 of Business Ethics A

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