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Essay / Ethical Dilemmas and Impact of Stakeholders in Business
In this scenario, the main stakeholders are employees, who in turn affect customers, shareholders, suppliers and the community. If Roger Jacobs is allowed to stay at Shellington Pharmaceuticals and continue his unethical behavior, the company's employees will not be happy with this outcome. Their constant mistreatment would contribute to low morale which could greatly affect their job performance and the way they interact with customers. Therefore, if customers are not treated fairly by employees, they might turn their backs on the company and stop supporting its business. This worst-case scenario would result in a loss of profits for the company, financially affecting shareholders. With the loss of customers and low profits, Shellington Pharmaceuticals would not only benefit from an unfavorable reputation within the community, but the company would potentially be unable to pay suppliers for the products they need to continue operating their business . Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay In the reverse scenario in which Roger Jacobs is fired from the organization, key stakeholders would still be greatly affected, but for the better. In this case, employees would be freed from the constant harassment to which they are accustomed. If it weren't for Jacobs' inappropriate behavior and disparaging remarks, their performance would improve significantly because employees could now focus more on their work. Thus, by regaining appreciation for their work, employees will positively improve the company's customer relationships, leading to greater customer satisfaction and a greater likelihood of returning customers. Having happier customers means the business will make more profit. As a direct result, Shellington will no longer owe its shareholders any money and the company will be able to continue to source from its suppliers and provide medicines to the community at large. There are several problems with the way Shellington Pharmaceuticals treats its employees. The most common problem is that the company does not seem to effectively mediate interpersonal conflicts among its employees. For example, the work environment at Shellington is neither physically nor psychologically safe due to several accusations of sexual harassment by Jacobs and his verbal mistreatment of subordinates. The fact that this unethical behavior continues to resurface highlights the possibility that the many complaints from disgruntled employees are not being handled properly and that the perpetrator – Roger Jacobs, in this case – is not being adequately disciplined for his actions. actions. Furthermore, it can be inferred that the president of the company has financial gain as his top priority since he insists that Harry Rull let Jacobs' behavior go unnoticed due to his success. There are also some problems with the way Shellington employees treat Shellington employees. the organization. For example, since an employee can only be fired from a company based on their job performance, it is possible that Roger Jacobs, who has received many outstanding performance reviews, will take advantage of this policy and s gets away with his unprofessional conduct without fear of dismissal. Another problem is that sexual harassment charges against Jacobs have been repeatedly dropped. That.