Textbook Outlet

1098 Words5 Pages
1. Classify the ethical issue. Develop a complete response/ decision about what to be done to resolve the issue. The ethical issue of this case is bribery; more specifically it is passive bribery. As a co-owner of Textbook Outlet, it is my responsibility to discuss all uprising issues and complications not permitting daily operations to continue with the other owners of the company; it would be unethical with a chance of a vast array of potential liability for any of the owners create a decision without consent of the other company owners. Due to the nature of Textbook Outlet, the physical and online stores would have to stop conducting business. This would create issues with loss if sales as well as having to spend time/ revenue with…show more content…
By taking the actions we would take in such a situation, it maximizes the utility on the situation on hand. By accepting the bribe, it gives us an extension on correcting our sprinkler system as well as benefits the local charity event as well as the fire marshal was able to get additional tables sponsored for the charity his division most likely participating in. It is the best conduct for the greater good. Since the charity is receiving more funds than they would have, they are only gaining in this situation as well as the fire marshal has not issue violating ethic codes and common morals; the only group which has a loss is Textbook…show more content…
Competitors will be able to have increased sales from our decrease of sales. 5. Create a plan to reduce the opportunities for future related issues. After the sprinkler situation is fixed, Textbook Outlet would hire a contractor to examine and fix further code violations. Textbook Outlet would also find an accountant to assist in future budgeting and to have a better control on all assets. The employees will have further training for knowing how to spot any issues no matter how minor it is believed to be to any supervisor to be dealt with accordingly. 6. Prepare a formal company response. (Press Release) “Textbook Outlet Sponsoring Local Charity while managing Updated Safety Systems in Warehouse” Davie, Florida – Oct. 5, 2015 – The Textbook Outlet philanthropic deeds never finish. Earlier this month, the company surprised the public with an unexpected sponsorship of the local charity event benefiting burn victims. Their donation covers a complete table at the event totaling
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