Rajwant Engineering: Survival or Ethical Values?
(5 pages of text)
In October 2014, the owner of Rajwant Engineering Pvt. Ltd., a small-scale manufacturing business in Jamshedpur, India, needed to make some key strategic decisions. The immediate challenge was that the company had recently been asked for a bribe by the procurement manager of its most important client. The business owner was a highly ethical entrepreneur, so he was tempted to discontinue his relationship with the client on ethical grounds. However, the business was facing major financial difficulties, and the owner felt great responsibility toward his employees. The business owner wondered if he should instead compromise on his values in order to save his business from bankruptcy.
This case is suitable for an MBA or other graduate-level management program, for courses including organizational behavior; organizational structure, design, and change; strategic management; managerial ethics; and organizational theory. After completion of this case, students will be able to
- understand alternative frameworks for decision-making;
- understand how to identify problems and ameliorate them with appropriate solutions;
- understand how various approaches to decision-making differ for different types of decisions; and
- set appropriate decision criteria (based on the objectives) for evaluation of the alternatives.
India, Small, 2014
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