Demonstrate your knowledge of the four main ethical theories and how they relate to organisational culture, to the case below. Then apply the Business Ethics Synergy Star model to forge a resolution to the current dilemma. The Case Suppose you own Sharkey’s Restaurant in the small town of Boxburg, Western Australia. Now you’re closed per the premier’s orders, as all staff are advised to stay home. You tried to stay open for take-out only but it didn’t work. The premier has announced that some restrictions will be eased next week, and you can open with 25% capacity. There are a few students around, but many more expected within the next three months. You have enough cash in the bank to stay pay the firm’s fixed costs (rent, insurance) until the new school semester starts. You’ll lose even more money if you open now at 25% capacity and have to pay variable costs (wages, ingredients). Your staff need their jobs, however, coming back also increases their risk of infection. Explain the relevant Ethical Theories and apply the Synergy Star to decide what is the best way forward? (In detail explanation)
Demonstrate your knowledge of the four main ethical theories and how they relate to organisational culture, to the case below. Then apply the
The Case
Suppose you own Sharkey’s Restaurant in the small town of Boxburg, Western Australia. Now you’re closed per the premier’s orders, as all staff are advised to stay home. You tried to stay open for take-out only but it didn’t work. The premier has announced that some restrictions will be eased next week, and you can open with 25% capacity. There are a few students around, but many more expected within the next three months. You have enough cash in the bank to stay pay the firm’s fixed costs (rent, insurance) until the new school semester starts. You’ll lose even more money if you open now at 25% capacity and have to pay variable costs (wages, ingredients). Your staff need their jobs, however, coming back also increases their risk of infection.
Explain the relevant Ethical Theories and apply the Synergy Star to decide what is the best way forward? (In detail explanation)
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