Saturday, December 21, 2019

An Ethical Analysis of Kardell Paper Company Decision

An Ethical Analysis of Kardell Paper Company Decision Executive Summery The Board of directors of Kardell Paper Company should accept the installation of the new processing technology witch protects the environment by refining the companys waste water .Implementing this new technology will increase the companys long- term profitability and reputation by providing enough power and ability to compete and operate efficiently in the future market. This ethical solution is offered, after analyzing Kardells board of directors decision to refuse the new technology due to its high turn over costs. The impacts of this decision on the companys primary stakeholders is studied carefully by using the 5-question ethical approach. The assessment†¦show more content†¦KPCs Managements This group consists of the companys Executive Officers and other managers who receive generous bonuses and benefits. They seek for short term profit without paying enough attention to the long term consequences of their decision. They have ignored the risks that are involved upon revelation of their decision by whistle blowers such as; possible clean up costs as well as negative reaction of the community by boycotting the companys products. Local Community There is no doubt that KPC has CSR toward the community and therefore must ensure the business continues operating to create wealth and to build good reputation (Brooks 399). As the local community is suffering from the side effects of the high sonox level in the water, KPC has to act responsible ,honest and reliable to solve their problem. On the other hand, the local community might be highly dependant on the company as a main source of income in the area and would severely suffer during the retrofit. But, there is no doubt that saving their lives and living environment should be the companys first priority. Government As the Government wants the health and well being of the society and protect them from harm, it would like KPC to invest in the technology and bring down the number of sick people. Also, this might be to the government benefit as it would

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