Betty, the chief nursing officer, had to make a decision about buying 120 new hospital beds for patient rooms. After she interviewed nurse managers at the units where the beds were going to be placed, Betty compiled her findings and decided to contact a well-known equipment company to obtain prices and contracts. The equipment company’s executive sales person, Jim, discussed options at length with her and invited her and her significant other to an upcoming all-expense-paid lavish retreat at a five-star hotel in Singapore to see demonstrations of the beds and to hear a comprehensive sales pitch. Betty thought to herself, “We badly need some relaxation and stress relief. Hawaii would be so much fun. Would it be wrong for us to go? If you were Betty, what should you do? If I am Betty, I need to consider first the pros and cons What ethical principles are at stake? Do you consider this situation a conflict of interest? How would Betty handle this case if she believed she needed to seek advice from someone in a higher authority? With whom would she discuss this issue? What policies should be in place regarding a scenario such as this one?
Betty, the chief nursing officer, had to make a decision about buying 120 new hospital beds for patient rooms. After she interviewed nurse managers at the units where the beds were going to be placed, Betty compiled her findings and decided to contact a well-known equipment company to obtain prices and contracts. The equipment company’s executive sales person, Jim, discussed options at length with her and invited her and her significant other to an upcoming all-expense-paid lavish retreat at a five-star hotel in Singapore to see demonstrations of the beds and to hear a comprehensive sales pitch. Betty thought to herself, “We badly need some relaxation and stress relief. Hawaii would be so much fun. Would it be wrong for us to go? If you were Betty, what should you do? If I am Betty, I need to consider first the pros and cons What ethical principles are at stake? Do you consider this situation a conflict of interest? How would Betty handle this case if she believed she needed to seek advice from someone in a higher authority? With whom would she discuss this issue? What policies should be in place regarding a scenario such as this one?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Betty, the chief nursing officer, had to make a decision about buying 120 new hospital beds for patient rooms. After she interviewed nurse managers at the units where the beds were going to be placed, Betty compiled her findings and decided to contact a well-known equipment company to obtain prices and contracts. The equipment company’s executive sales person, Jim, discussed options at length with her and invited her and her significant other to an upcoming all-expense-paid lavish retreat at a five-star hotel in Singapore to see demonstrations of the beds and to hear a comprehensive sales pitch. Betty thought to herself, “We badly need some relaxation and stress relief. Hawaii would be so much fun. Would it be wrong for us to go?
- If you were Betty, what should you do? If I am Betty, I need to consider first the pros and cons
- What ethical principles are at stake?
- Do you consider this situation a conflict of interest?
- How would Betty handle this case if she believed she needed to seek advice from someone in a higher authority? With whom would she discuss this issue?
- What policies should be in place regarding a scenario such as this one?
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