Summarize the Facts and Identify the Ethical Question

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SIMAC (Stakeholders, Issues, Models, Application, Conclusion)
1. Summarize the Facts and Identify the Ethical Question, Conclusion)1. Summarize the F(s); Application– Human Rights;
Step 1: Identify the Ethical Question(s) [the ethical q that comes up in the course of a business decision(s) – can be expressed in more than one q]
Step 2: Perform SIMAC analysis:
STAKEHOLDERS (actual and potential): What is the effect of the decision/ethical question on each group, how was/will each group be affected?
A. SHAREHOLDERS/INVESTORS
B. EMPLOYEES
C. CUSTOMERS
D. MANAGEMENT
E. SUPPLIERS
F. COMMUNITY (local/regional/national/international)
ISSUES [or, FACTORS – what facts/questions/policies were or will be considered in making the business decision and the ethical problem]
A. INDIVIDUAL FACTORS [look at the specific individuals or groups in the case study]
B. CORPORATE FACTORS [e.g. corp. culture, adopted business policies and practices – ethical, employee training/mentoring, whistleblower protections, audit/financial controls, social responsibility etc., prior/historical business decisions]
C. SYSTEMIC* FACTORS [these are outside things that may impact business ethical decision e.g. economic institutions; regulators; NGOs e.g. environmental, ‘Me Too’; other countries; trade policies/treaties, agreements; political structures; governmental bodies; laws/legal institutions; media; other]
*not “SYSTEMATIC”
MODELS [approaches to applying ethics to a business decision]
A. UTILITARIANISM – The most good/benefit for the most amount of stakeholders.
B. HUMAN RIGHTS – see UN Decl. for Human Rights – basic rights of all people to live, be free, work, have a home, be happy, healthy.
APPLICATION
A. Analyze the ethical question using utilitarianism
B. Analyze the ethical question using human rights [see, U.N Declaration of Human Rights]
CONCLUSION
Make a well-informed business decision: do you agree or disagree with how the ethical question(s) was handled in the case study, explain why. If you would have handled the decision differently, explain how and why.

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