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MGT610 - Business Ethics Graded Discussion Board (GDB) NO.3 Solution and Discussion Fall 2013 Due Date: February 11, 2014
Graded Discussion Board
BUSINESS ETHICS (MGT610)
This is to inform that Graded Discussion Board (GDB) No. 03 will be opened on February 07, 2014 fordiscussion and last date for posting your discussion will be February 11, 2014.
Topic/Area for Discussion
“Commercial Blast Fishing and Its Impact on Eco System”
This Graded Discussion Board will cover first 36 lessons.
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Mr. Nadeem who is the manager of a fish farm near the bank of river Jhelum is in a cognitive dilemma whether to use eco friendly fish catching techniques or to use blast fishing technique for making quick profit. Financial returns of the firm may significantly increase if Mr. Nadeem starts using this technique of blast fishing. He has often observed fishermen and fish farms in the surrounding areas using this technique. There is no significant regulatory check on sea life protection in Pakistan although laws are there along with some foreign funded NGO’s working for wild life protection.
Now from financial perspective, Mr. Nadeem wants to use blast fishing technique. But his understanding about the usefulness of an ethical business approach is causing doubt in his mind. He has started thinking about the after effects of blast fishing for surrounding population in particular and for society in general. After some brainstorming, he has decided to use utilitarian approach for making a final decision in this regard.
Do you think that the utilitarian approach should be used in this situation for making a final decision on blast fishing? What kind of drawbacks a fish farming business may have with the use of such blast fishing technique?
if we see according to the ethical perspective then utilitarian approach should be used for this,
1. find all possible alternative solutions to a prob.
2. evaluate and rank all the alternatives according to their utility for community.
3. select the best alternative providing the maximum utility.
What Is the Utilitarian Approach?
The Utalitarian Approach is an ethical theory holding that the proper course of action is the one that maximizes the overall happiness. It is thus a form of consequentialism, meaning that the moral worth of an action is determined only by its resulting outcome, and that one can only weigh the morality of an action after knowing all its consequences.
According to Utilitarian approach the blast fishing techniques seems to be more efficient and quick for the business which will can create a greater value in less time for large people.
Iqbal bahi Utilitarian approach is maximizing happiness and reducing suffering. so blast fishing is suffering situation then how we can use thetechniquee ? its suffering for whole ecosustem
Sadia gurya thanks for correction but let me tell u that utilitarian approach consider the individuals concerned with the subject matter of the prob.
Here the subject matter is blast fishing and and the people concerned with the prob are Mr Nadeem and his company and nadeem will try to maximize the utility for him and his co worker as profit maximization is the ultimate purpose of businesses in today's perfectly competitive markets. if u agree then continue with my arguments if not plz rectify me again.
hmm ryt,bcoz Mr.Nedeem have responsibility of other shareholders and workers of the busines. So he must be fulfill his duty m ryt?
yeah thats what i tried to say
now if nadeem uses fish blasting technique then its perceived rather i would say its obvious impacts will be
Destruction of the marine Animals:
Destruction of the marine Plants:
danger to the human being:
Plz comment ....
destroy the coral reefs
make water poisonous
destroy the species of fishes