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COMM 1110 Week 3 Tutorial (James Hardie Case)

1) The document outlines 5 major ethical issues with the James Hardie case, including ignoring warnings about asbestos, limiting compensation to victims, failing to warn consumers, and lacking safety frameworks. 2) It identifies key stakeholders and makes assumptions about their perspectives, such as customers being harmed, executives prioritizing profits, and the government caring more about money than people. 3) Potential ethical approaches are discussed, including care ethics to fully fund medical care for victims, deontology to treat customers and employees humanely, and consequentialism to consider alternative safer products.

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Danish Khan
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126 views2 pages

COMM 1110 Week 3 Tutorial (James Hardie Case)

1) The document outlines 5 major ethical issues with the James Hardie case, including ignoring warnings about asbestos, limiting compensation to victims, failing to warn consumers, and lacking safety frameworks. 2) It identifies key stakeholders and makes assumptions about their perspectives, such as customers being harmed, executives prioritizing profits, and the government caring more about money than people. 3) Potential ethical approaches are discussed, including care ethics to fully fund medical care for victims, deontology to treat customers and employees humanely, and consequentialism to consider alternative safer products.

Uploaded by

Danish Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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COMM 1110 Week 3 Tutorial (James Hardie Case)

5 Ethical Issues

1.) JHG ignored warnings since the early 1800s


2.) Limited compensation to victims by altering fund structure
3.) Didn’t provide warning to consumers regarding the harmful effect of the asbestos products
4.) No safety framework in place
5.) Very active instead of proactive

Step 1- Identifying 4 most important stakeholders and outline key assumptions

 Stakeholders
 Customers- Assumption is businesses should harm customers
 Executive- James Hardie care about profit that’s why they’re trying to limit the compensation
 Employees
 Government- Assumption is Government cares about money and therefore didn’t act earlier
 Taxpayers

Step 2

Assumption is James Hardie was acting on their own morals, rather than moral of shareholders etc

Assumption is Business shouldn’t harm customers and provide safe products to consumers

Step 3

Care ethics

-Invest in medical funding/ charities

-Take care of victims for rest of their life

Deontology

-Treat customer as a human being

-Safe workplace environment for employee

Duty of executive stakeholder is to ensure enough funds to compensate victims, switching away
from asbestos to safer products. Key duty is to also endure profit. Duty to ensure dividends to
investors. We ensure fair processes and outcomes by listening to all opinions and voices of concerns,
from employees to shareholders to customers
Step 4- Consequentialism

-Switch to possible alternatives of asbestos products

-Consequences of these actions include lower profit due to more costly alternative, reputation of
business may increase

-Do nothing, hide profits overseas

-Work with the government

-Fight any legislation or regulations

Step 5- Character factors – Virtue Ethics

3 virtues I might apply to this situation include integrity, empathy, and truthfulness. It relates to

Steps 6 and 7

 The company should recognise these victims care needs and also accept responsibility for the
situation
 The company shouldn’t harm their customers (or more broadly, other stakeholders) with their
products
 The company should respect human rights, and the right of victims too access an effective
remedy.
 The company has fiduciary duties towards its shareholders. One of which is to protect the
company’s reputation and , hence, its market value and share prices.
 The company should consider the consequences of its action and ensure that it maximises the
benefits of most of the stakeholders.
 The company should follow its values as a virtuous organisation.

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