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An Ethical Dilemma:  Find a Solution (Or Two!) BY:  Maria Ferance  Beth Theve
Our Dilemma ,[object Object],[object Object],[object Object],[object Object],[object Object],How will we handle this?
Solution Number One ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution Number One (con’t) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution number One (con’t) Potential Costs $16.7 Million Total Potential Cost of Solution One: $1 Million for setup, $750,000 annually. Retirement Ranch (Building, cost of state certification, employing personnel, providing appropriate food and sanitary needs, as well as comfort and entertainment items.) $500,000, annually. The “In Their Honor” fund. $1.5 Million The expedited audit process and resolution of this Event. (May include revamping current lab for comfort of animals) $1.5 Million Recruiting and employing 10 new Lab Audit Professionals. $5 Million Revamped Marketing Efforts (Again, we have a Marketing team, and they have a budget for emergency issues, but we want to make sure this message is especially effective, and saturates our market.) $5 Million Legal Fees regarding Lab Assistant and Press (We have a Legal Team on retainer and have budgeted  legal fees, but will go over budget)
Solution Number One (con’t) ,[object Object],[object Object],[object Object],[object Object],Moral/Ethical Considerations
Solution Number One (con’t) ,[object Object],[object Object],[object Object],[object Object],Effect on the Community
Solution Number One (final) ,[object Object],[object Object],Other Considerations
Or maybe, instead…
Solution Number Two ,[object Object],[object Object],[object Object],[object Object],[object Object]
Solution Number Two (con’t) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Solution Number Two (con’t) Potential Costs $23.8 Million Total Potential Cost of Solution Two: $3 Million Renewed Marketing Materials to Reflect New Products $500,000 Adoption Process/Finding Rescue Homes $10 Million Revamped Plant/Factory $350,000 Severance packages, and payment for temporary lay-offs. (Animal testing employees will receive 4 week severance package.  Other employees will earn 50% of income while temporarily laid-off [no more than two weeks]). $5 Million Revamped Product Formulas (Getting information on products that have already been tested  by other companies and been proven effective and safe,  partnering and fees and research.) $5 Million Public Relations efforts (We have a Public Relations team, but the team for this project will be highly specialized, incurring travel expenses, and will require overtime bonuses.)
Solution Number Two (con’t) ,[object Object],[object Object],[object Object],[object Object],Moral/Ethical Considerations
Solution Number Two (final) ,[object Object],[object Object],[object Object],[object Object],Other Considerations

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Bus 240 Week Two Group Project Ethical Dilemma

  • 1. An Ethical Dilemma: Find a Solution (Or Two!) BY: Maria Ferance Beth Theve
  • 2.
  • 3.
  • 4.
  • 5. Solution number One (con’t) Potential Costs $16.7 Million Total Potential Cost of Solution One: $1 Million for setup, $750,000 annually. Retirement Ranch (Building, cost of state certification, employing personnel, providing appropriate food and sanitary needs, as well as comfort and entertainment items.) $500,000, annually. The “In Their Honor” fund. $1.5 Million The expedited audit process and resolution of this Event. (May include revamping current lab for comfort of animals) $1.5 Million Recruiting and employing 10 new Lab Audit Professionals. $5 Million Revamped Marketing Efforts (Again, we have a Marketing team, and they have a budget for emergency issues, but we want to make sure this message is especially effective, and saturates our market.) $5 Million Legal Fees regarding Lab Assistant and Press (We have a Legal Team on retainer and have budgeted legal fees, but will go over budget)
  • 6.
  • 7.
  • 8.
  • 10.
  • 11.
  • 12. Solution Number Two (con’t) Potential Costs $23.8 Million Total Potential Cost of Solution Two: $3 Million Renewed Marketing Materials to Reflect New Products $500,000 Adoption Process/Finding Rescue Homes $10 Million Revamped Plant/Factory $350,000 Severance packages, and payment for temporary lay-offs. (Animal testing employees will receive 4 week severance package. Other employees will earn 50% of income while temporarily laid-off [no more than two weeks]). $5 Million Revamped Product Formulas (Getting information on products that have already been tested by other companies and been proven effective and safe, partnering and fees and research.) $5 Million Public Relations efforts (We have a Public Relations team, but the team for this project will be highly specialized, incurring travel expenses, and will require overtime bonuses.)
  • 13.
  • 14.