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Demonstrate your knowledge of the four main ethical theories and how they relate to organizational culture in the case below. Then, apply the Business Ethics Synergy Star model to resolve the current dilemma.

**The Case:**

Suppose you own Sharkey’s Restaurant in the small town of Boxburg, Western Australia. Due to the premier's orders, the restaurant is currently closed, with all staff advised to stay home. Attempts to stay open for take-out only were unsuccessful. The premier has announced that some restrictions will be eased next week, allowing you to open at 25% capacity. Although a few students are around, many more are expected within the next three months. You have enough cash in the bank to cover the firm's fixed costs (rent, insurance) until the new school semester starts. However, opening now at 25% capacity will lead to further financial losses due to variable costs (wages, ingredients). Additionally, your staff need their jobs, but returning to work also increases their risk of infection.

Explain the relevant ethical theories and apply the Synergy Star to determine the best way forward. You may use as many words and diagrams as necessary for this answer.

Answer :

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Final answer:

The best way forward in this ethical dilemma would depend on the organization's values and priorities. However, considering the potential financial risks and the increased risk of infection for the staff, it may be more ethical to wait until the new school semester starts and there is a higher demand for the restaurant. Prioritizing the well-being and safety of the staff aligns with ethical principles and the Business Ethics Synergy Star model.

Explanation:

To address the ethical dilemma in the given case, we can apply the four main ethical theories and the Business Ethics Synergy Star model.

Ethical Theories:

  2. Utilitarianism: According to utilitarianism, the best way forward would be to evaluate the consequences of different options and choose the one that maximizes overall happiness or utility. In this case, reopening the restaurant with 25% capacity may not be financially viable and could potentially put the staff at risk of infection. Therefore, it may be more ethical to wait until the new school semester starts and there is a higher demand for the restaurant.
  4. Deontology: From a deontological perspective, the focus would be on following moral rules and duties. In this case, the duty to protect the health and well-being of the staff would take precedence over financial considerations. Therefore, it may be more ethical to prioritize the safety of the staff and wait until the risk of infection is reduced.
  6. Virtue Ethics: Virtue ethics emphasizes the development of moral character and virtues. In this case, virtues such as compassion and responsibility would guide the decision-making process. It may be more ethical to prioritize the well-being of the staff and wait until it is safer to reopen the restaurant.
  8. Ethical Relativism: Ethical relativism recognizes that different perspectives and values may lead to different ethical conclusions. In this case, the decision would depend on the individual's or organization's values and priorities. Some may prioritize financial stability and choose to reopen with precautions, while others may prioritize the safety of the staff and wait until the risk is reduced.

Business Ethics Synergy Star Model:

The Business Ethics Synergy Star model can be applied to forge a resolution to the current dilemma:

  2. Ethical Principles: Identify and evaluate the ethical principles relevant to the situation. In this case, the ethical principles of protecting the well-being of the staff and making financially responsible decisions would be relevant.
  4. Stakeholder Analysis: Analyze the impact of the decision on various stakeholders, considering their rights, interests, and values. The stakeholders in this case would include the staff, customers, and the community.
  6. Long-Term Consequences: Consider the long-term consequences of the decision on the organization, stakeholders, and society. This would involve evaluating the financial sustainability of reopening at 25% capacity and the potential risks to the staff and community.
  8. Ethical Decision: Make an ethical decision based on the analysis of ethical principles, stakeholder impact, and long-term consequences. The decision would depend on weighing the importance of financial stability against the health and safety of the staff and community.
  10. Continuous Improvement: Continuously evaluate and improve ethical practices to align with the organization's values and goals. This would involve regularly reassessing the situation, monitoring the impact of the decision, and making adjustments as necessary.

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Final answer:

The best way forward in this ethical dilemma would depend on the organization's values and priorities. However, considering the potential financial risks and the increased risk of infection for the staff, it may be more ethical to wait until the new school semester starts and there is a higher demand for the restaurant.

Explanation:

Prioritizing the well-being and safety of the staff aligns with ethical principles and the Business Ethics Synergy Star model.

To address the ethical dilemma in the given case, we can apply the four main ethical theories and the Business Ethics Synergy Star model.

Ethical Theories

Business Ethics Synergy Star Model:

The Business Ethics Synergy Star model can be applied to forge a resolution to the current dilemma

Learn more about ethical theories here:

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