Topic Assessment / Competencies
Completion requirements
Instructions:
- Read the case study below carefully.
- Answer all five questions, ensuring that your responses are well-structured and demonstrate critical thinking.
Case Study: Ethical Dilemma at GreenTech Ltd.
GreenTech Ltd. is a company specializing in renewable energy solutions. The company prides itself on sustainability and corporate social responsibility. Recently, GreenTech discovered that one of its suppliers, EcoSource, has been involved in unethical labor practices, including underpaying workers and unsafe working conditions. While terminating the contract with EcoSource would align with GreenTech’s ethical commitments, it would also delay the launch of a major project and lead to significant financial losses. Investors and customers are closely watching GreenTech’s next move, as its reputation is built on ethical business practices.
Questions:
- Explain which core principles of business ethics GreenTech should consider when deciding whether to continue or terminate its contract with EcoSource.
- Compare how two ethical approaches (e.g., Utilitarianism and Deontological Ethics) would guide GreenTech in resolving this dilemma.
- Evaluate how GreenTech’s decision will impact stakeholder trust and long-term confidence in the company.
- How might GreenTech balance ethical responsibility with business performance in this situation?Provide a recommendation for GreenTech’s leadership based on ethical frameworks and stakeholder confidence.