Who are the stakeholders in this situation? How are they affected? What are Lawrence’s alternatives? What course of action will you suggest Lawrence
Lawrence is a Chief Financial Officer of an E-Sports company. One of his main duties is to take care of financial reporting. He is concerned about how to improve the financial performance of the whole company. He is considering engaging a consultancy firm to develop Robotic Process Automation for accounting functions. He hopes that he can help the company to reduce the staff cost of the accounting function by laying off one-third of the accounting staff once the Robotic Process Automation is completed. Lawrence expects to lay off those staff who got more over-time salary before.
Identify the ethical issue(s), if any, involved in this case.
Who are the stakeholders in this situation? How are they affected?
What are Lawrence’s alternatives?
What course of action will you suggest Lawrence take? Justify your suggestion
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