Identify the stakeholders and their interests in given case

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Reference no: EM131379695

Reneging on a Promise
Part A
Billy Tushoes recently received an offer to join the accounting firm of Tick and Check LLP. Billy would prefer to work for Foot and Balance LLP but has not received an offer from the firm the day before he must decide whether to accept the position at Tick and Check. Billy has a friend at Foot and Balance and is thinking

Should Billy call his friend? Provide reasons why you think he should or should not. Is there any other action you suggest Billy take prior to deciding on the offer of Tick and Check? Why do you recommend that action?

Part B
Assume that Billy calls his friend at Foot and Balance and she explains the delay is due to the recent merger of Vouch and Trace LLP with Foot and Balance. She tells Billy that the offer should be forthcoming. However, Billy gets nervous about the situation and decides to accept the offer of Tick and Check. A week later, he receives a phone call from the partner at Foot and Balance who had promised to contact him about the firm's offer. Billy is offered a position at Foot and Balance at the same salary as Tick and Check. He has one week to decide whether to accept that offer. Billy is not sure what to do. On one hand, he knows it's wrong to accept an offer and then renege on it. On the other hand, Billy hasn't signed a contract with Tick and Check, and the offer with Foot and Balance is his clear preference because he has many friends at that firm.

Questions

1. Do you think it is ever right to back out of a promise that you gave to someone else? If so, under what circumstances? If not, why not?

2. Identify the stakeholders and their interests in this case.

3. Evaluate the alternative courses of action for Billy using ethical reasoning. What should Billy do? Why.

Reference no: EM131379695

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