Wednesday, May 6, 2020
Right Vs Right Versus Right - 1125 Words
Right Vs Right ââ¬Å"Sometimes business owners or managers will be confronted with a difficult problem which will question oneââ¬â¢s morals and responsibility. These situations are called right versus right and not right versus wrong. In a right versus right situation a business owner or manager must choose between two ways of solving it the problem. Each alternative is the right thing to do, but there is no way to do bothâ⬠. (Badaracco 1) In this essay I will put myself in the position of the business owner and analyze the case from ââ¬Å"Blindsided by Bankruptcyâ⬠by Ciulla Martin and also a case from ââ¬Å"Defining Moments: When Managers Must Choose Between Right and Rightâ⬠by Joseph L. Badaracco, Jr.. I will come to a conclusion about the moral dilemma inâ⬠¦show more contentâ⬠¦Itââ¬â¢s a three millions dollar commitment and will give it to me on great terms, despise that fact I already own Rolex five million dollars. The two choices in this case i s to accept Mr. Bultmannââ¬â¢s offer or not to accept his offer, which both are right decisions for my business. If I decide to take the Mr. Bultmannââ¬â¢s offer I would be taking my attorney advice to stock up on my inventory, which I will use to help me get through the Chapter Eleven. Since I been doing business with Mr. Bultmann for years I wouldnââ¬â¢t disappoint him and he trusts that I would catch up with payments. If I donââ¬â¢t accept his offer I would not be putting my business is three million dollars more in debt. I could avoid the possibly of failing to sell the new line of watches, which would hurt my relationship with Mr. Bultmann because I am known for being a constitutionally honest person. I would accept offer his for the three millions dollar commitment. At this point I will do anything to get through Chapter Eleven and stocking up my asset is the best decision for my business. The Rolex watches are an unsecured loan if they donââ¬â¢t sell I can just must give the watches back. I canââ¬â¢t lose I am already filing for Chapter Eleven. My aunt was in a similar sit uation where her restaurant had a rough winter season and out a loan from the bank in order to keep her business running. With the loan she was able to put by her business on its feet and now own three restaurants and paid off her
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