This topic will cover the ethical debate that occurs within the practice of whistle blowing and...

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Finance

This topic will cover the ethical debate that occurs within thepractice of whistle blowing and the sometimes contrasting virtue/value of loyalty. Therefore, imagine that you and your wife orhusband own a company with twenty employees who employ their sonand daughter as book keepers. It comes to your attention after asignificant financial loss that your children made one honestmistake, non malicious/nor greedy mistake, in their book keepingpractices recently that unfortunately cost the company a good dealof money. {PLEASE DO NOT QUESTION WHETHER OR NOT THE MISTAKE WAS AHONEST ONE OR NOT--IT WAS!) No employees had to be fired but it wasa significant loss for the company that set it back a bit. Thus,you are confronted with the following moral issue/ dilemma withinthe realm of business----[Side A: Tell your employees of thishonest mistake made by your children and blow the whistle on themas your employees would like to know of this mistake so they candecide if they would like to stay with the company or not, voicetheir opinion in the matter, etc.; Side B: Don't tell youremployees of this honest mistake made by your children because yourchildren admitted to you in full when confronted that it was a onetime honest mistake that they will never do again upon which theypromised you and your wife or husband that they will check thebooks more thoroughly from now on.] For this topic you are todiscuss the ethical dimensions that surround this issue/dilemma andphilosophically/ethically defend both sides of the topic fairly.NOTE: {I am aware of the Soles reading in our text in which Solesargues that it isn't completely accurate to set up a dichotomybetween the practice of whistle blowing and the virtue/value ofloyalty, i.e. he argues that they are not mutually exclusive. Butit does happen in a number of cases where these two things aredichotomous and so let's just imagine for the sake ofphilosophical/ ethical debate that they are contrasting as depictedin this case!}

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3.8 Ratings (482 Votes)
Ethically one should tell employees of this honest mistake and leave the decision on them whether to continue working with firm or not This is because if we hide the mistake from them then it would later on create issues when employees came to know    See Answer
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Transcribed Image Text

This topic will cover the ethical debate that occurs within thepractice of whistle blowing and the sometimes contrasting virtue/value of loyalty. Therefore, imagine that you and your wife orhusband own a company with twenty employees who employ their sonand daughter as book keepers. It comes to your attention after asignificant financial loss that your children made one honestmistake, non malicious/nor greedy mistake, in their book keepingpractices recently that unfortunately cost the company a good dealof money. {PLEASE DO NOT QUESTION WHETHER OR NOT THE MISTAKE WAS AHONEST ONE OR NOT--IT WAS!) No employees had to be fired but it wasa significant loss for the company that set it back a bit. Thus,you are confronted with the following moral issue/ dilemma withinthe realm of business----[Side A: Tell your employees of thishonest mistake made by your children and blow the whistle on themas your employees would like to know of this mistake so they candecide if they would like to stay with the company or not, voicetheir opinion in the matter, etc.; Side B: Don't tell youremployees of this honest mistake made by your children because yourchildren admitted to you in full when confronted that it was a onetime honest mistake that they will never do again upon which theypromised you and your wife or husband that they will check thebooks more thoroughly from now on.] For this topic you are todiscuss the ethical dimensions that surround this issue/dilemma andphilosophically/ethically defend both sides of the topic fairly.NOTE: {I am aware of the Soles reading in our text in which Solesargues that it isn't completely accurate to set up a dichotomybetween the practice of whistle blowing and the virtue/value ofloyalty, i.e. he argues that they are not mutually exclusive. Butit does happen in a number of cases where these two things aredichotomous and so let's just imagine for the sake ofphilosophical/ ethical debate that they are contrasting as depictedin this case!}

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