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They should ensure that the technology they use to test the performance of the pacemakers is strong and of high quality They should take necessary steps to minimize pacemaker failure What are the possible decisions the corporation could make for each ethical issue or concern , and what are the possible effects on the customer stakeholders The transistor company could decide to stop supplying transistors to the pacemaker company
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Moral principles of upholding agreements and that of promoting health are significant in this ethical dilemma Stakeholder Management ? The Customer What are the customer stakeholders ? interests for each ethical issue or concern you identified in the Introduction The customer ? here refers to the pacemaker company to whom the transistor company sells its products
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Paper Topic: Business Ethics Business Ethics Introduction The board of directors of the transistor company is faced with the ethical dilemma of whether to continue selling to the pacemaker company after several incidents of pacemaker failure causing the death of heart patients it was suppose to save
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They will then be able to fulfill their obligations to their shareholders their employees , and their own customers What are the customer responsibilities for each ethical issue or concern you identified in the Introduction The pacemaker company ?s responsibility in this situation is to ensure that the heart pacemakers they make with the transistors are safe and will perform well
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The stakeholders are the patients needing the pacemakers , the employees and shareholders of the pacemaker company , and the employees and shareholders of the transistor company
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If the transistor company continues to supply them with transistors they will be able to continue making heart pacemakers
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Why is this an ethical decision This is an ethical decision because ethics is the study and evaluation of human conduct in the light of moral principles (Johnson , para
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But if they continue selling like before and incidents of deaths caused by pacemaker failure continue , there is a great possibility that the transistor company would be sued for damages Who are the decision makers
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If the pacemaker company is forced to go out of business , there will come a time when no one will be making heart pacemakers , which many people need
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The decision makers in this situation are the members of the board of directors of the transistor company
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