Tuesday, May 19, 2020

“Goodbye, Indiana --- Hello, Mexico the Whirlpool Plant...

CASE 30 â€Å"Goodbye, Indiana --- Hello, Mexico: The Whirlpool Plant Closing*† Ethics in Practice Case 1) Was the Whirlpool Plant Closing just another â€Å"business decision†, or did it carry with it social and ethical responsibilities and implications? Explain. This was not only a business decision, but it carried social and ethical responsibilities with it because the company was thinking for the benefit of its shareholders and consumers by making more energy-efficient products while keeping consumer prices fair. By moving the operation to Mexico this allowed the company to do so. But their ethical and social responsibilities to the community and to their employees were not held up due to lay-offs and relocation. Whirlpool did not†¦show more content†¦Whirlpools Ethical responsibilities are interpreted differently among society. Society expects companies to produce â€Å"green† products while keeping prices fair but do not realize that to meet those expectations placed on them they must change the way the corporation is structured for business. The community and Whirlpool employee’s ethical responsibilities were not kept because they were ultimately damaged by the companies change. The community and Whirlpoolâ€℠¢s former employees have had to endure financial hardships due to the reduced wages allowed in Mexico. Other companies located in this community suffered because they were no longer providing supplies to Whirlpool which caused them to go out of business, and unemployment spike. However the shareholders and consumers ethical responsibilities were met because they did in fact gain a more energy efficient appliance while paying less. Shareholders are pleased for the fact that cost of production has been reduced there for, a spike in profit. 3) In light of the federal stimulus funds that Whirlpool received, did it have a greater responsibility to make the Evansville plant sustainable? Or were the funds received totally unrelated to the plant’s closing decision? The funds received were totally unrelated to the plant’s closing decision. The purpose of the stimulus fund from The Department of Energy was to fund the development of new smart products. 4) Was the Whirlpool division Vice President’s memo threateningShow MoreRelatedFundamentals of Hrm263904 Words   |  1056 PagesFinancial Group Priority Staffing Proctor Gamble Remington San Diego Zoological Society Sears Siemens Southwest Airlines Starbucks Sun Microsystems Target The Home Depot Transportation Safety Administration Tropicana Unilever UPS Volvo Wal-Mart Whirlpool Corp. Winn-Dixie Stores, Inc. Xerox And much more! About the Authors DAVID A. DECENZO received his Ph.D. from West Virginia University. He is the president at Coastal Carolina University. His major teaching and research interests focused on

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.