What Would You Do

question 118

Multiple Choice

What Would You Do?
Imagine that you are the head of a company that manufactures secondary wood products for the construction industry.Recently, there have been many reports of a plywood subflooring product that has been failing in a number of commercial locations resulting in several complaints about ruined floor coverings and, in one instance, partial collapse of a third floor, which injured three people.Your head of research and development has asked you to stop selling the product and wants to run tests on the product to determine the problem.However, third-quarter earnings reports are due out in two weeks and public knowledge of problems with a lucrative product may delay the financing of the company's expansion plans and also lower stock price.Your dilemma: Do you delay or refuse the product research, thereby enhancing the expansion plans but risking other damage and public safety, or do you immediately stop sales of the product and run the necessary tests, thereby risking the expansion plans?
-Refer to What Would You Do? (Scenario) .Which view of social responsibility suggests that your decision should be based first on what will enable your wood products company long-term survival and, only secondly, profit maximisation?

Definitions:

Statutory Law

Law enacted by a legislative body, as opposed to case law or regulations established by executive order.

High-Risk Area

A location known for its elevated potential for danger, often due to political instability, natural disasters, or high crime rates.

Bodily Harm

Physical injury or damage inflicted on a person's body.

Employer Retaliation

Punitive actions taken by an employer against an employee who has engaged in legally protected activity, such as whistleblowing or filing a complaint.