There Are Several Ethical Considerations When Starting a Business,but Competing

question 155

True/False

There are several ethical considerations when starting a business,but competing against current and former work relationships is always fair game.
Similar to managers who work for large organizations,small business owners/managers must consider ethics when making decisions.The Making Ethical Decisions box depicts a situation where two employees plan to quit their jobs and create a business that directly competes against their current employer.Although they have a right to create a business and compete,how do they ethically compete for the same customers that their former employer serves?

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Definitions:

Checkerboard Of Prejudice

A metaphorical description of how prejudiced attitudes and behaviors are distributed unevenly across a society, like a checkerboard, reflecting various degrees and types of prejudice.

Antagonism

Active hostility or opposition between conflicting parties or forces.

Fears

Unpleasant emotions caused by the belief that someone or something is dangerous, likely to cause pain, or a threat.

Scapegoat Theory

A theory that suggests individuals or groups are unfairly blamed for problems that they did not cause, serving as a mechanism for others to redirect frustration and aggression.