Business Ethics Analysis

As permitted by Vietnamese law and industry regulations, Vietnamese subcontractors are permitted to occupy hillier amidst the come alongs of 15 and 18 within their factories. This fact has infuriated churlrens rights activists in the get together States (U. S. ) who feel that Nikkei is exploiting children in Vietnam to increase r level(p)ue. These activists protest the exercisement of children under the age of 18, and argue that children would dumbfound an opportunity to interpret school and further their discipline if they are not forced to work.An opposing view of this argument is that children who bury employment within Vietnamese factories are doing so out of their take in unthaw will and feel fortunate o be earning an income to athletic supporter contribute to the welfare of their family. Furthermore, secondary education in Vietnam Is not free as In the U. S. therefore, children who accept employment are most possible In a financial deficit and would in in al l(prenominal) likelihood not be able to afford to get a secondary education even If they had the time to attend. functional model philosophy suggests that you should act in a guidance that generates the greatest benefit for the greatest number of people. Applying the utilitarian model to each(prenominal) of the prominent stakeholders from above gives a clear depiction of the pros and cons for both alternatives. A. alternating(a) 1 Continue to look at/employ underage workers For utility(a) 1, in which Nikkei continues to hire and employ underage workers, there are more quantifiable positive outcomes than negative.Positive outcomes include increased income for Vietnamese workers and their families and put downd prices of Nikkei brand results, which is skilful to both consumers and stockholders. There are several negative outcomes from continuing to employ children workers, which include Nikkei club, Nines CEO, and U. S. Global digits remaining under scrutiny. Additionally, a nd most importantly, choosing to continue employing children in factories will likely to cause a consumer backlash, reducing all overall product sales. substitute(a) 1 Continue to hire/employ underage workers increase income for childrens families Nines globe image suffers * Reduced prices for consumers U. S. Global image remains tarnished * increase shareholder earnings* Reduced sales / consumer backlash *Increased revenue for Nikkei Increased scrutiny for CEO b. option 2 Ban underage employment Applying the utilitarian model to Alternative 2, banning underage employment in Nines factories, produces a negative quantifiable outcome. If Nikkei announced that it would no longer hire children, the corporations public image, as well as the image of the U.S. N general, would improve, and Nikkei is likely to increase and expand its and increased consumer product costs) outweigh the positives for Alternative 2. Alternative 2 Ban underage employment Nines public image improves * Increas ed poverty in Vietnam U. S. Global image improves * Costs of products increases Customer institution expands Vietnamese children subjected to more harsh work environments Alternative favored The Utilitarian cast, as displayed in the balance sheets above, favors Alternative 1, which is that Nikkei should continue to hire and employ underage workers. . rosy Rule influence The thriving Rule sit reflects the alternative that each of the key stakeholders would choose if given the choice bring out Stakeholder Alternative 1 Alternative 2 Employed/eligible Vietnamese children Yes No Families of employed/eligible Vietnamese children Yes Nikkei Corporation Yes No new(prenominal)(a) outsourced companies Yes No Consumers Yes No Nikkei CEO yes NO No Alternative favored Alternative 1 is the clear choice for all of the key stakeholders victimization the Golden Rule Model. 3. Kantian Model a.Children in Vietnam are oft depended upon in their society to go to work and ran an income in ord er to stand food and shelter for themselves and their families therefore, they would argue for their right to do so by choosing Alternative b. Nikkei Corporation and other multinational companies are entitled to lead their in which they operate. Nikkei would prefer Alternative 1 . C. Childrens rights activists would argue that these child workers have the right to education, and that are prevented from doing so by being forced to work.These advocates for the Vietnamese children would be in favor of Alternative 2, banning all child labor in Nikkei factories. Alternative favored The Kantian Model illustrates collar significant societal values or rights that would be affected, with the majority in favor of Alternative 1 . 4. Enlightened self-concern Model Nikkei Corporation would view Alternative 1 , continuing to employ children in their overseas factories, as the most economically beneficial option.This alternative will reduce prices for consumers, increase shareholder earnings, and increase revenue for Nikkei. These benefits exceed the risks associated with Alternative 1, which broadly involves tarnished images of Nikkei and its CEO. Alternative favored Since the benefits to the finality maker (Nikkei) outweigh the harm caused to all other stakeholders, the Enlightened Self-Interest Model favors Alternative 1 .Moral Models surmount check out The Utilitarian and Golden Rule Models are the most good in determining which alternative is the best choice Utilitarian Model Alternative 1 has three (3) quantifiable pros vs.. Only one (1) con, whereas Alternative 2 zero (O) quantifiable pros as opposed to one (1) con. Golden Rule Model All six (6) of the key stakeholders in this decision would benefit from Alternative 1 .Moral Models Not a Good Fit Whereas the Utilitarian & Golden Rule Models clearly demonstrate that Alternative 1 is the best choice for all key stakeholders, the Kantian and Enlightened Self-Interest Models are not as convincing because they reflect the views of only a small portion of all stakeholders Kantian Model Alternative 1 positively affects two (2) out of three (3) social values or rights, whereas Alternative 2 only positively affects one (1). Comparisons within such(prenominal) a small sample size are not as convincing as the Utilitarian and Golden Rule Models.Enlightened Self-Interest Model Although the most prominent stakeholder, Nikkei, would be positively affected by Alternative 1 , and said benefit outweighs any harm caused to all other stakeholders by choosing this alternative, the model advocates for the benefit of a single entity. The Utilitarian and Golden Rule Models take into consider a larger portion of all stakeholders who would be affected by this decision. Nikkei has been employing children in overseas factories for decades, during which time it has stable many years of ridicule and criticism for doing so.Nikkei should try to improve its image to the public by taking the initiative to educate op ponents of child labor with regard to the cultural differences between third-world countries and the U. S. They should specifically address the issue that it is not only the norm for children in those locations to work, but also that it is often a crucial for their survival. Additionally, Nikkei should enlighten critics about the educational norms of these children, emphasizing that most children over the age of 1 5 are not able to attend school because it is extremely costly and not enforced.