Values and Ethics

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Keanu Leo N.

Nedruda
BSIT-2D

2 Scenario VALUES AND ETHICS

Scenario 1: The Ethical Dilemma

In a small town, a pharmaceutical company is the major employer, providing jobs to a


significant portion of the population. The company has developed a new drug that could
potentially save lives, but during the testing phase, some unexpected side effects have
emerged. The company is under pressure to release the drug quickly to start generating
profits, but doing so may endanger the lives of those who take it.

Values and Ethics Observations:

1. Integrity: Employees within the pharmaceutical company face a moral dilemma


between prioritizing the company's financial interests and the potential harm to
consumers. Upholding integrity means being honest about the risks associated
with the drug.
2. Community Welfare: The townspeople, including the employees' families, are
directly impacted by the company's decision. Balancing the welfare of the
community against financial interests requires careful ethical consideration.
3. Responsibility: The company has a responsibility to its employees,
shareholders, and the general public. Deciding whether to prioritize short-term
gains or long-term safety reflects the organization's commitment to social
responsibility.

Scenario 2: The Environmental Crisis

A multinational corporation is considering establishing a manufacturing plant in a


developing country where environmental regulations are lax. The plant would provide
jobs to a struggling local economy but has the potential to cause significant
environmental harm due to the lack of strict regulations.

Values and Ethics Observations:

1. Environmental Stewardship: The corporation faces a dilemma between


pursuing economic benefits and being environmentally responsible. Observing
values related to environmental stewardship involves considering the long-term
impact of the plant on the local ecosystem.
2. Social Justice: The corporation must weigh the immediate economic benefits
for the local community against the potential harm to the environment. Balancing
social justice involves ensuring that economic development does not
disproportionately harm vulnerable populations.
3. Transparency: The corporation must decide whether to be transparent about
the potential environmental impact of the plant. Upholding transparency values
involves providing accurate information to the local community and other
stakeholders.

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