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Lunna [17]
3 years ago
11

The CEO of an international cruise line is facing an ethical decision regarding the installation of Man Overboard (MOB) technolo

gy on the company’s fleet of 42 luxury cruise ships. The technology is not required by law, and the cost to install it will surpass $20 million dollars, with additional maintenance fees of up to $2 million dollars per year. The MOB technology detects passengers falling off the ship, although it is not perfected and only works 75% of the time. It also causes multiple false alarms, which delays the cruise itinerary and inconveniences passengers. The cruise line has had an increase in persons falling overboard in the last year, with an annual average of about two individuals being lost at sea. After much consideration, the CEO decides to install the MOB technology despite the costs and limitations. What ethical standard did the CEO likely apply in making this decision?
Business
1 answer:
dezoksy [38]3 years ago
4 0

Answer:

The answer is: The Principle of Deontology

Explanation:

By making this decision (installing the MOB technology) the CEO follows the Principle of Deontology.

Deontology dictates that actions are right or wrong by themselves, not by their consequences or the virtues of the person doing them. An action is "right" if it follows a moral norm or a set of rules.

In this case, the CEO believes that installing the MOB technology is the right thing to do because it saves lives. He doesn´t care if it costs a lot of money or if it may cause some trouble and delays to the ships´ operations.

shows that he is made his decision based on the Concern for Others case it would be specifically concern for his customers and employees (they can also fall off the ship). He really cares about his customers and employees, and wants to accomplish his business goals but he is not willing to risk their lives while doing so. He is convinced that it is his responsibility to ensure the well being of all the passengers in his cruise ships.  

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Answer: $3360

Explanation:

Based on the information given in the question, the amount of cash paid by SH to Oakley will be calculated as thus:

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= $3500 - (0.04 × $3500)

= $3500 - $140

= $3360

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3 years ago
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Answer:

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5 0
2 years ago
According to the textbook, which of the following is considered a reason that ERP implementations fail?
Mekhanik [1.2K]

A very good reason that leads to the failure of ERP implementation is the

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<h3>What is  ERP implementation?</h3>

This can be described as the integration of a great number of functions in the business environment.

Some of the functions that are integrated are:

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ERP stands for Enterprise Resource Planning.

Read more on ERP implementation here:

brainly.com/question/16341677

6 0
2 years ago
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lesantik [10]

Answer:

Compensation expense of $510,000 will be recorded each year 2021-2024

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Compensation expense of $510,000 will be recorded each year 2021-2024

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Which one of the following is a non-profit financial intermediary?
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