Check My Work (2 remaining) The CEO of an international cruise line is facing an
ID: 400320 • Letter: C
Question
Check My Work (2 remaining) The CEO of an international cruise line is facing an ethical decision regarding the installation of Man Overboard (MOB) technology on the company's fleet of 42 luxury cruise ships. The technology is not required by law, and the cost to install it will surpass $20 million dollars, with additional maintenance fees of up to $2 million dollars per year The MOB technology detects passengers falling off the ship, although it is not perfected and only works 75% of the time. It also causes multiple false alarms, which delays the cruise itinerary and inconveniences passengers. The cruise line has had an increase in persons falling overboard in the last year, with an annual average of about two individuals being lost at sea. After much consideration, the CEO decides to install the MOB technology despite the costs and limitations. What ethical standard did the CEO likely apply in making this decision? O a. The principle of Rationalization O b. The principle of Rawlsian Justice O c. The principle of Utilitarianism O d. The principle of Dentology Check My Work (2 remaining)Explanation / Answer
Yes B) The Principle of Rawlsian Justice is the correct choice. As an alternative to the theory of utilitarianism, which focusses on actions that maximizes utility that is the good for the greatest number of people, Rawlsian Justice is based on basically two fundamentals. The first is the right of each person to have the best and most extensive of all liberties, and the second is that the economic and social positions should be for everyone’s advantage and with complete openness. In this case here, the CEO goes ahead and installs the MOB technology despite its cost implications and limited effectiveness. The CEO believes that every individual travelling in the cruise has the right to safety and security if there happens to be any untoward incidence. The accuracy of the device may be low but when it comes to matter of life and death, one should respect the right to life of the individual without focusing on his/her social or economic status.
Option D) No, because she did not consult the group partners.
All reasoning pertaining to her being under-paid or she would have anyways got a raise from the partners is unjustified if the action was done without informing any of the partners involved in the firm – 6 of them in this case. This could actually be seen as a breach of power as she was the wife of one of the partners. Ethics is of pivotal importance when it comes to matters of governance in an organization. The firm is an independent entity and individuals in position of power should not misuse their authority for their personal gains, regular checks and balances needs to be in place to prevent such malfeasance.