Ethical Principles in the Corporate World Essay

Ethical Principles in the Corporate World - Essay Example The matter at hand presents the dilemma in which the employee is placed by two important factors that determines destiny. It is important to note that the company management is reluctant to solve the issue of employee exposure to the harmful asbestos and instead avoids the cost of carrying out cleanup. The management silently threaten the employee with job loss in case of raising alarm on the health risk posed by asbestos in the vault while the employee is attempting to balance losing the job and retaining it but awaiting the consequences of long term exposure to the asbestos in the work place. What is wrong and why? What do you see as the conflict? The issue of central concern in this case is the healthy risk that asbestos in the vault poses to the employee. The company management has put in place restrictive measures that prevent the employee from airing their views or seeking government intervention over the evident health hazard they face from asbestos in the vault. The employee is juggling with two competing decisions with equally enormous consequences. If the employee report the matter to the healthcare agencies there are chances of losing job and silent on the other hand means ultimate health risk from the long term exposure to the toxic asbestos in the work place. ... In this case the consequence of seeking external intervention over the management unethical treatment of employees is losing a job. This comes with several socio-economic repercussions on the life of the employee. On the other hand, silence means continued exposure to the harmful asbestos which will end up with respiratory infections at retirement or upon leaving the company. In the context of this case, the employee will make decision based on the ultimate consequences attached to each move. Deontologist: decision is tied to duty and obligation From the approach of deontologist, the universal obligation and responsibility of every person to ensure safety and general welfare of humanity is upheld. It is important to underline the duty of every employee in serving the company with utmost faith and considering that the welfare of the employees takes center stage as far as productivity of the corporation is concerned. This mode of making a decision considers the cardinal significance of physical health in employee’s ability to discharge duties and derive better socio-economic life which is the fundamental role of corporates. In this respect, the employee should act for the interest of fellow workers without fearing for the short term consequences like loss of job. Virtue ethics: decision is based on â€Å"who am I?† (Consult article: â€Å"The Discipline of Building Character†) Personal identity is an important consideration when making such a critical decision. There are a number of factors to put to play and the most important one is the long term benefits from any decision made. Loss of job like in this case may mean seeking another one in a better