Question

. Find a recent news article from a major news outlet about a business scandal in the last year. Summarize the news story and provide a web link to the news story. Then connect two different class concepts that we learned about this semester to the story. In doing this, explain the class concept and then show how it connects to or is relevant to that particular story. For instance, a story just broke about Ford and a problem with their transmissions. In reading the story you might find it connects to whistleblowing or group work obstacles or utilitarian testing without considering the tests from virtue ethics or Kantian Formalism/Deontology. You could also find a recent article about Google too. There have been a lot of stories about Google recently. In fact, once you look, you will find that there are hundreds of business news stories to choose from and that many class concepts will immediately jump out to you, and this question won’t be as hard as you think.

Answer 1

Recently, Maggi a brand of Nestle was found discovered with excessive lead concentration which caused heavy backlash and ultimately withdrawal of brand upon testing by FDA which caused Maggis market share dominance to plunge and stock proces to crash.

Here, Maggi was found having more than above orescribed limit of lead intentionally to cut diwn costs which ultimately could have impacted consumer health and thus was recalled.

Thus, Maggi took collective action in quality testing and came back into market after 6months with big bang advertising demonstrating trust and reliability as demonstrated by Utilitarianism theory to maximise happiness for larger set of population.

Similarly it proves the intentions of brand were clear to maximise benefits and keep trust ongoing as part of Kantian ethics which focus more on intentions rather than outcomes.