0538452803_269387

0538452803_269387 - BLTC-9e Sample Answer for...

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BLTC-9e Sample Answer for End-of-Chapter Hypothetical Question with Sample Answer Chapter 8: Ethics and Business Decision Making 8.2 Hypothetical Question with Sample Answer Shokun Steel Co. owns many steel plants. One of its plants is much older than the others. Equipment at that plant is outdated and ineffi cient, and the costs of production at that plant are now two times higher than at any of Shokun’s other plants. The company cannot raise the price of steel because of competition, both domestic and international. The plant employs more than a thousand workers and is located in Twin Firs, Pennsylvania, which has a population of about 45,000. Shokun is contemplating whether to close the plant. What factors should the firm consider in making its decision? Will the firm violate any ethical duties if it closes the plant? Analyze these questions from the two basic perspectives on ethical reasoning discussed in this chapter. Sample Answer:
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This note was uploaded on 11/21/2011 for the course MGMT 4324 taught by Professor Tim during the Spring '11 term at Andhra University.

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