MGT 623 Week 3 Assignment
Tiffin University
Problem Solution Analysis Paper
Submitted for
Course Number MGT 623
Legal and Ethical Issues in Management
Dr. Dave Ibarra
By:
Lauren M. Middleton
November 9th, 2014
When it comes to managing genetic products, each ethical philosophy can come into play in some fashion. The first of these would be Free Market. Free Market ethics state that the goal of any business is to be profitable (Halbert & Ingulli 2012). A business will do whatever it needs to without breaking any laws in order to make the money that they want. This could cross into ethics and morals. A business should not disclose medical information unless it is necessary for the company to succeed. If an individual has a highly-infectious disease in their system, it might be important for a company to share this information with another if that person is planning to work with others in one way or another. The lawsuits that may follow with hiring an individual that will make others ill as well would not be worth it. This would create ethical dilemmas because the company might need the information but the employee may not consent to disclosing it. Utilitarianism is another ethical philosophy that would be used when it comes to companies that manage genetic products. Utilitarianism is all about doing what will be best for the most amount of people in the end. This is more about doing what should be done to benefit everyone possible even if it means cutting into profits or potential profits of the company. Companies that manage genetic products would most likely disclose any medical information that would help the company over the individual. The issue at hand again is that most of the time it would not be their place to release information without consent. They would have to fight dilemmas of doing what is legal and what is ethical. Ethically they may want to disclose the information to another company but legally they might not be able to do so. Deontological
Problem Solution Analysis Paper
Submitted for
Course Number MGT 623
Legal and Ethical Issues in Management
Dr. Dave Ibarra
By:
Lauren M. Middleton
November 9th, 2014
When it comes to managing genetic products, each ethical philosophy can come into play in some fashion. The first of these would be Free Market. Free Market ethics state that the goal of any business is to be profitable (Halbert & Ingulli 2012). A business will do whatever it needs to without breaking any laws in order to make the money that they want. This could cross into ethics and morals. A business should not disclose medical information unless it is necessary for the company to succeed. If an individual has a highly-infectious disease in their system, it might be important for a company to share this information with another if that person is planning to work with others in one way or another. The lawsuits that may follow with hiring an individual that will make others ill as well would not be worth it. This would create ethical dilemmas because the company might need the information but the employee may not consent to disclosing it. Utilitarianism is another ethical philosophy that would be used when it comes to companies that manage genetic products. Utilitarianism is all about doing what will be best for the most amount of people in the end. This is more about doing what should be done to benefit everyone possible even if it means cutting into profits or potential profits of the company. Companies that manage genetic products would most likely disclose any medical information that would help the company over the individual. The issue at hand again is that most of the time it would not be their place to release information without consent. They would have to fight dilemmas of doing what is legal and what is ethical. Ethically they may want to disclose the information to another company but legally they might not be able to do so. Deontological