a) Obtain all relevant facts. [List all fact relevant to the dilemma] b) Identif
ID: 325052 • Letter: A
Question
a) Obtain all relevant facts. [List all fact relevant to the dilemma]
b) Identify the ethical dilemma from the facts. [The dilemma should be considered from the perspective of a specific employee of the company in question.]
c) Identify who is affected by the outcome of the dilemma and how each group or person is affected. [Note that there are two parts to this step: Who is affected and how is each person/group affected by the outcome? Think carefully about whom might be impacted. Many students omit people/groups in this step because they don’t think of the big picture.]
d) Identify the alternatives available to resolve the dilemma. [There are almost always more than two alternatives. Many students think that the alternatives are to do the item in question or not do it. Again think of other possible alternatives.]
e) Identify the likely consequences of each alternative. [For EACH alternative that you identify in step 4, list the consequences. Thus, you will have at least one consequence for EACH alternative.]
f) Decide the appropriate action. [Make a decision here. Determine what you would do under these circumstances].
Ethics Case 13-5 Outdoors R Us LO13-10 Outdoors R Us owns several membership-based campground resorts throughout the Southwest. The company sells campground sites to new members, usually during a get-acquainted visit and tour. The campgrounds offer a wider array of on-site facilities than most. New members sign a multiyear contract, pay a down payment, and make monthly installment payments. Because no credit check is made and many memberships originate on a spur-of-the-moment basis, cancellations are not uncommon stock has tripled. The first sign of trouble came in 2018 when new sales dipped sharply. One afternoon, two weeks before the end of the fiscal year, Diane Rice, CEO, and Gene Sun, controller, were having an active discussion in Sun's office Sun: 've thought more about our discussion yesterday. Maybe something can be done about profits. Rice: hope so. Our bonuses and stock value are riding on this period's performance. Sun: We've been recording deferred revenues when new members sign up. Rather than recording liabilities at the time memberships are sold, 1 think we can justify reporting sales revenue for all memberships sold. What will be the effect on profits? Rice: Sun: haven't run the numbers yet, but let's just say very favorable.Explanation / Answer
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