Ethics In Business
Ethics in Business
>From a business perspective, working under government contracts can be a
very lucrative proposition. In general, a stream of orders keep coming in,
revenue increases and the company grows in the aggregate. The obvious
downfalls to working in this manner is both higher quality expected as
well as the extensive research and documentation required for government
contracts. If a part fails to perform correctly it can cause minor
glitches as well as problems that can carry serious repercussions, such as
in the National Semiconductor case. When both the culpable component and
company are found, the question arises of how extensive these
repercussions should be. Is the company as an entity liable or do you look
into individual employees within that company? From an ethical perspective
one would have to look at the mitigating factors of both the employees and
their superiors along with the role of others in the failure of these
components.......
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