SCENARIO 1: Holding Charity Auctions in the OfficeAngela, the bank employee, approaches Justin, the bank manager and says: "My daughter is seekingtreatment for heart disease and I don't have a health insurance policy. My salary is insufficient to meetthe medical expenses. Over the years, I've been collecting autographed albums of various artists. I wouldlike to seek for your permission to hold a charity auction in the office. I will also send fliers to the clients ofour bank. Everyone is welcome to bid for these albums, so I can raise money for the medical treatment ofmy child."Three (3) other bank employees, Roland, Joven, and Janeth, overheard this conversation. They empathizeto Angela's situation and they convinced Justin to give his permission to Angela's proposal.Requirement: Based on the given scenario, explain the most appropriate ethical decision model that canbe applied to Angela's situation.SCENARIO 2: Misleading for Good PurposeVince is the inspector in charge of their local police station. The police station building is in direct need ofrepairs, but hasn't received any grants from the government for years. One day, a typhoon hits a nearbyarea that damages most of the houses and shops. Although Vince's police station gets partially damaged,most of the structure remains intact. Due to the incident, the government will send a disaster assessmentteam to ascertain the level of damage and will provide relief money for the affected areas. The DeputySuperintendent Mr. Simon, orders Vince and says: "Hire some laborers and destroy the remainingstructure of the police station building. When the disaster assessment team comes, tell them that thebuilding collapsed because of the typhoon, and ask them to give priority in funding the rehabilitation ofour police station. After all, it is one of the most important public offices in town."Vince wants to do the right thing and disobey his boss but at the back of his mind, he also considers thathis boss is right and the end result will be beneficial for the police station.Requirement: ldentify the disparity between belief and behavior in Vince's situation.

PLEASE NOTE AS PER THE POLICY ANSWERING FIRST QUESTION Ethics play an important role in any…

Angela, the bank employee, approaches Justin, the bank manager and says: “My daughter is seeking treatment for heart disease and I don't have a health insurance policy. My salary is insufficient to meet the medical expenses. Over the years, I've been collecting autographed albums of various artists. I would like to seek for your permission to hold a charity auction in the office. I will also send fliers to the clients of our bank. Everyone is welcome to bid for these albums, so I can raise money for the medical treatment of my child." Three (3) other bank employees, Roland, Joven, and Janeth, overheard this conversation. They empathize to Angela's situation and they convinced Justin to give his permission to Angela's proposal. Requirement: Based on the given scenario, explain the most appropriate ethical decision model that can be applied to Angela's situation.

Angela, the bank employee, approaches Justin, the bank manager and says: “My daughter is seeking treatment for heart disease and I don't have a health insurance policy. My salary is insufficient to meet the medical expenses. Over the years, I've been collecting autographed albums of various artists. I would like to seek for your permission to hold a charity auction in the office. I will also send fliers to the clients of our bank. Everyone is welcome to bid for these albums, so I can raise money for the medical treatment of my child." Three (3) other bank employees, Roland, Joven, and Janeth, overheard this conversation. They empathize to Angela's situation and they convinced Justin to give his permission to Angela's proposal. Requirement: Based on the given scenario, explain the most appropriate ethical decision model that can be applied to Angela's situation.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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