Bankruptcy
Ethics in Business
From a business perspective, working under government
contracts can be a very lucrative proposition. In general, a stream of
orders keep coming in, revenue increases and the company grows in the
aggregate. The obvious downfalls to working in this manner is both
higher quality expected as well as the extensive research and
documentation required for government contracts. If a part fails to
perform correctly it can cause minor glitches as well as problems that
can carry serious repercussions, such as in the National Semiconductor
case. When both the culpable component and company are found, the
question arises of how extensive these repercussions should be. Is the
company as an entity liable or do you look into individual employees
within that company From an ethical perspective one would have to
look at the mitigating factors of both the employees and their
superiors along with the role of others in the failure of these
components. Next you would have to analyze the final ruling from a
corporate perspective and then we must examine the macro issue of
corporate responsibility in order to attempt to find a resolution for
cases like these.
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