bun ethics malden mills.docx - Business Ethics and Professional Responsibility Malden Mills\u2019 Case Maryam Haidar 1 What do you think of Feuerstein\u2019s

bun ethics malden mills.docx - Business Ethics and...

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Business Ethics and Professional Responsibility Malden Mills’ Case Maryam Haidar 1- What do you think of Feuerstein’s decision? What would you have done had you been in his position? As the title of the case study states, Aaron Feuerstein remained loyal to his employees. The founder’s grandson insisted on rebuilding the factory in its hometown, and continue paying regular salaries for his employees. In addition, he extended his employees’ medical coverage until the business begins operating again. In my opinion, what Feuerstein did was risky, yet, it was a tough good decision. His choice helped many individuals remain loyal to him. Other than loyalty, many people did not lose their source of income, or health benefits. In other words, as he drowned, he kept many above the water. In my opinion, I would have also tried to rebuild the business, but decrease the expenses. Decreasing salaries at the time, and maybe limit medical payments with promising employees to give them extra money when the company returns to the market would have lessened the possibilities of bankruptcy.
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