Divulging confidential information about a company future

Assignment Help Business Management
Reference no: EM131532575

There is no shortage of difficult dilemmas facing organizations today. These dilemmas may relate to issues such as environmental concerns, government regulations, diversity in the workplace, employee safety, and labor practices. At any given moment, a leader may be confronted with a multitude of dilemmas. When a person faces a dilemma they process the facts through a set of beliefs. Their decisions are based on their beliefs. Here is an example: Some people are terrified of snakes. Those who fear snakes immediately want to take action when they see one - kill it or run away. In reality, most snakes are more afraid of you than you them. There are far more non-venomous snakes than venomous. But often when we see a snake, our belief is that snakes are bad, and our action is to run or fight. Leaders face those same kinds of issue. Leaders are experience. They have formed opinions or beliefs about their past experiences. Their actions reflect the beliefs formed by what they have experienced.

Discussion Prompt

In this scenario, you are the manager of a laboratory in a small town. The decision to close this laboratory has been made, but not communicated to anyone, and the lab is going to relocate to the corporate office several states away. The employees will be laid off. The company is waiting to see the latest financial results before making an announcement to the employees or the public. 

One night you are bowling with some of your employees. One of them tells you that he is going to buy a house that he and his wife have seen. With the overtime that he has been earning they can afford to make the purchase. You are relatively certain that his job will be eliminated in the next six to eight weeks. Do you tell him about the laboratory's relocation that night, or do you keep silent due to your obligation as a manager of the company? Justify your decision in a fully-developed explanation that relates to ethics.

Tasks

  1. Describe a decision about divulging confidential information about a company's future.
  2. Justify the decision to divulge, or not divulge, confidential information about a company's future. Relate the justification to ethics.

Reference no: EM131532575

Questions Cloud

Calculate payback period for each project : Calculate the payback period for each project. Calculate the NPV of each project.
Number of scenarios that hamper communication : And to this end, below are a number of scenarios that hamper communication. What would you do to solve each?
Uses the direct method to allocate costs : Medusa uses the direct method to allocate costs.
What are ethical concerns regarding the presidents actions : Which administrative agency governs regulatory compliance of the manufacturer and what are the ethical concerns regarding the President's actions
Divulging confidential information about a company future : Describe a decision about divulging confidential information about a company's future.
Calculate the expected irr of new portfolio with new project : You have estimated the IRR for a new project with the following probabilities. Calculate the expected IRR of the new portfolio with the new project.
Calculate the annual payment to the lender : Calculate the annual payment to the lender. What is the present worth of the interest payments on the loan of part a?
Global industry structure and competitive dynamics : What changes in the global industry structure and competitive dynamics allowed challengers from Australia and other New World countries to take market share.
Explore the components of statement analysis : Explore the components of statement analysis-a complex skill that can help you determine the level of deception in a witness's or a suspect's statement

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd