Ethics GAME Hot Topics™ The Case of the Stressful Strategy - Page 12 of 44 Click to read about the Results Lens Step 3: Being Reasonable with the Results Lens Part 1-Determine Stakeholder Impact Because this lens focuses on what meets individual desires, you have to make educated guesses about what others will think about your actions and how they'll evaluate your decision. If others decide that you're being unethical, you'll hear about it. Case Files and Memos Ethical Lenses ▾ Below is the list of stakeholders that you made earlier. The first step in your evaluation is to decide how much each of the stakeholders will be affected by your decision on this problem, regardless of what your ultimate decision might be. For this ethical lens, you want to support the ethical desires of as many stakeholders as you can. In particular, focus on those who will be impacted the most. . Select "high" for those stakeholders who will be affected the most. For instance, if a decision drastically changes a stakeholder's current situation or has a serious impact on their ability to make a good decision, the impact would be high. . Select "low" for those stakeholders who will be affected the least. For instance, if a decision slightly inconveniences a stakeholder or has a very remote chance of affecting them at all, the impact would be low. Select the middle option for those stakeholders where the impact will be between these extremes. If a decision causes a stakeholder to be exposed to some risk, or Q Search The Responsibilities Lens focused on your duties. Now it's time for a change of ethical perspective. The Results Lens is going to focus on what actions and behaviors will lead to results that meet the stakeholders' ethical desires-what outcomes will make them happy because their personal goals have been met. lyi Resources J Contact Us 2:47 P 2/23/202
Ethics GAME Hot Topics™ The Case of the Stressful Strategy - Page 12 of 44 Click to read about the Results Lens Step 3: Being Reasonable with the Results Lens Part 1-Determine Stakeholder Impact Because this lens focuses on what meets individual desires, you have to make educated guesses about what others will think about your actions and how they'll evaluate your decision. If others decide that you're being unethical, you'll hear about it. Case Files and Memos Ethical Lenses ▾ Below is the list of stakeholders that you made earlier. The first step in your evaluation is to decide how much each of the stakeholders will be affected by your decision on this problem, regardless of what your ultimate decision might be. For this ethical lens, you want to support the ethical desires of as many stakeholders as you can. In particular, focus on those who will be impacted the most. . Select "high" for those stakeholders who will be affected the most. For instance, if a decision drastically changes a stakeholder's current situation or has a serious impact on their ability to make a good decision, the impact would be high. . Select "low" for those stakeholders who will be affected the least. For instance, if a decision slightly inconveniences a stakeholder or has a very remote chance of affecting them at all, the impact would be low. Select the middle option for those stakeholders where the impact will be between these extremes. If a decision causes a stakeholder to be exposed to some risk, or Q Search The Responsibilities Lens focused on your duties. Now it's time for a change of ethical perspective. The Results Lens is going to focus on what actions and behaviors will lead to results that meet the stakeholders' ethical desires-what outcomes will make them happy because their personal goals have been met. lyi Resources J Contact Us 2:47 P 2/23/202
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Transcribed Image Text:Ethics GAME
Hot Topics™
The Case of the Stressful Strategy - Page 12 of 44
Click to read about the Results Lens
Step 3: Being Reasonable with the Results Lens
Part 1-Determine Stakeholder Impact
The Responsibilities Lens focused on your duties. Now it's time for a change of ethical perspective. The Results Lens is going to focus on what actions and behaviors will lead to
results that meet the stakeholders' ethical desires-what outcomes will make them happy because their personal goals have been met.
Because this lens focuses on what meets individual desires, you have to make
educated guesses about what others will think about your actions and how they'll
evaluate your decision. If others decide that you're being unethical, you'll hear about it.
Below is the list of stakeholders that you made earlier. The first step in your evaluation
is to decide how much each of the stakeholders will be affected by your decision on
this problem, regardless of what your ultimate decision might be. For this ethical lens,
you want to support the ethical desires of as many stakeholders as you can. In
particular, focus on those who will be impacted the most.
• Select "high" for those stakeholders who will be affected the most. For instance, if
a decision drastically changes a stakeholder's current situation or has a serious
impact on their ability to make a good decision, the impact would be high.
• Select "low" for those stakeholders who will be affected the least. For instance, if a
decision slightly inconveniences a stakeholder or has a very remote chance of
affecting them at all, the impact would be low.
Case Files and Memos Ethical Lenses ▾ Resources ▾ Contact Us
Select the middle option for those stakeholders where the impact will be between
these extremes. If a decision causes a stakeholder to be exposed to some risk, or
Q Search
ly
I
f
a
2:47 PM
2/23/2024
Transcribed Image Text:Ethics GAME
Hot Topics™
How much will each stakeholder be affected by your decision?
Low Med
O
O
Low
O
Low
O
Low
O
Low
O
Low
O
Med
O
High
O
Med
O
High
O
Med High
O
O
High
O
Med High
O
O
Med High
O
O
You, President of the Nutrition Division
You have to make and implement the decision.
Case Files and Memos Ethical Lenses
Michael McLeod, G-BioSport's Chief Operating Officer
Michael is your immediate supervisor, in a position to coach, mentor, and provide or withhold rewards based on your
performance.
Members of the Nutrition Division's Leadership Team
They are responsible for helping implement your plans for the Nutrition Division.
Employees of the Nutrition Division
They are responsible for implementing the plans and tasks specified by you and your leadership team.
Consumers of G-BioSport's products
These are the individuals who buy and use G-BioSport products.
Shareholders of G-BioSport
These are the individuals and investment funds who own shares of stock in G-BioSport.
Q Search
ly
Resources ▾
L
Contact Us
2:47
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