Theories of Ethics

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Running Head: Phase 1 Individual Project Leadership and Ethical Decision-Making Phase 1 Theories of Ethics (Individual Project) INTD670-1303B-05 Theresa Birchfield August 26, 2013 Who are the stakeholders in this situation? The stakeholders in this situation I believe are the companies of Uwear and Peninsula Hotels or Joe Smith and Bill Bateman. Each company may be influenced by the overall conclusion in the situation because Uwear is attempting to keep the business with Peninsula Hotels by making the best bid to Peninsula Hotels. However, Threads4U is also making the attempt to take the advantage Peninsula Hotels business as a customer with a counter offer that will be lower than what Uwear originally contracted for uniforms for Peninsula Hotels last year. If the representative for Uwear submits an offer lower than last year and lower than the competition of Threads4U the company of Uwear will then lose a reliable customer and may eventually suffer from the loss of the financial gain that Peninsula Hotels has been supplying for the company. What are the responsibilities of each stakeholder to the company? Joe Smith’s responsibility as a stakeholder for the company of Uwear must be effective in the research he conducts to come up with a suitable or reasonable bid for the new contract period since Samantha who is employed with Threads4U has placed an offer that is even lower than last year’s contract from Uwear. Samantha is fulfilling her responsibility of getting the attention and prospective business from Peninsula Hotels with the counter offer. Joe Smith on the other hand has an added benefit with Bill Bateman because they are not only business colleagues, but have throughout the course of the year moved to having a personal relationship of a friendship. By Joe and Bill becoming friends they are both violating an important aspect of conducting
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