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Classic Airlines

Stakeholder Perspectives/Ethical Dilemmas
Classic Airlines senior management team is under extreme pressure to decrease cost and increase customer satisfaction and loyalty. A potential conflict between managerial self-interest and the ethical responsibility of managers to perform in an ethical way is an issue that can be faced within the company. Independent and open procedures must be in place in order to monitor managerial ethical performance and avoid any wrongful behavior.
As a corporation Classic Airlines main interest is to increase profitability and reduce operating cost, with the right to remain competitive by implementing the necessary strategies to accomplish their goals. The union's main interest is to maintain their members employed and rewarded, with the right to have the company honor the collective bargaining agreement. Since previous bargaining agreements have already been made any changes to the agreements might be consider dishonest.
The issue concerning Classic......


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Approximate Word Count: 427
Approximate Pages: 2 (250 words per double-spaced page)

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