The Cover-up Most Important Facts Case Study Example | Topics and Well Written Essays - 1000 words - 24

The Cover-up Most Important Facts - cheek Study ExampleAs that paper outlines, following the formal procedure for purchase of equipments whose costs argon more than $ 50000 could have taken time and deprived the department of the short term returns and also the good of low cost of the equipment. Failure to ensure technical support yet undermines the potential benefits. Another important point to the case is Colins failure to disclose the decision and action that Jeff and he took and this identifies an ethical dilemma. come up has been supportive to Colin and is good at offering advice. He is also Colins senior and Colin fears that possible divine revelation would lead to his sacking even before arrival of corporate representatives. Continued concealment of their decision however means that he continues hiding costs until the corporate department knows about the issue. Another important fact to the case is Colins reaction to other people. He demonstrates harshness on his child an d his wife complains of his over-commitment to work. otherwise people such as workmates could also be victims of Colins hyperactivity and this is an ethical issue as he could be subjecting people to unnecessary psychological harm .The reporte stresses that in the situation, I would approach Rose and dispute the situation with him, expressing my sincere remorse. I would explain to him reasons for my failure to disclose cost of acquisition and expenses on the machine, perverted to reporting standards by IFRS 7 and identify morality of my action. According to utilitarian ethics, an act is only sinful if it leads to greater harm to a greater percentage of involved stakeholders and even though the purchased equipment has not been utilise in the organization, its use could benefit all involved stakeholders to identify morality of the decision.