2024 – Deliverable Length 500 700 words https www thebalance com conflict of interest 1918090 https class ctuonline edu layouts MUSEViewer MUSE aspx mid 9115845 All character and company names are fictional and are not

Deliverable Length:  500-700 words 

https://www.thebalance.com/conflict-of-interest-1918090

https://class.ctuonline.edu/_layouts/MUSEViewer/MUSE.aspx?mid=9115845

All character and company names are fictional and are not intended to depict any actual person or business.

View Problem Scenario A to learn more about Bill and Joe’s relationship. 

 Joe has scheduled a meeting with his management team for next week to talk about the Peninsula Hotel chain contract. He hopes that he will be able to work with them to draft a contract favorable to Peninsula that will ensure its renewal for another year. He is reasonably sure that the contract renewal will ensure his continued success and employment with UWEAR.

On his way out of the office today, Joe receives a call from Bill.

Bill: “Joe, how are you doing? Got any great plans for the weekend?”

Joe: “No, my wife and I are just planning on hanging out at home and relaxing. How about you?”

Bill: “My family and I are planning a short trip on the yacht. We haven’t been out in a while, and the weather looks perfect. Maybe you and your wife could join us? We haven’t seen you guys in quite a while, and it will be good to catch up.”Joe is relieved to get the invitation from Bill because their relationship has been strained lately because of the contract negotiations.Joe must decide how he will answer Bill’s invitation to join him and his family on their yacht. Complete the following in a paper of 500–700 words, excluding cover and reference pages. 

Part I:Address the following:Apply the rational choice model to arrive at your recommendation for Joe regarding his response to the invitation to spend the weekend on Bill’s yacht.  In what ways do you agree or disagree with the result of applying the rational choice model?

Part II:What ethical theory supports the response to this invitation that you recommend to Joe?  Why would you use this theory?   What is an alternative recommendation, applying a different ethical theory?   Compare and contrast your recommendation with the alternative.

  

Scenario A 

  

Note: All   character and company names are fictional and are not intended to depict any   actual person or business. 

Your meeting with the chief   executive officers (CEOs) of UWEAR and PALEDENIM went well. In a discussion   following the meeting, Theresa Tramlin, the CEO of UWEAR, mentioned that she   would like you to spend some time in the field with her top sales representative   to get a feel for what the salespeople face every day selling in the current   business environment. Today, you are scheduled to spend the day with Joe   Smith.

As you walk across the lobby   of UWEAR, you see Theresa talking to a tall, distinguished-looking man. “This   is Joe Smith,” Theresa introduces when you step up to them. “You’ll be   spending some time with him today in the field.” 

“Nice to meet you, Joe,” you   respond, shaking Joe’s hand. 

Theresa says goodbye and   makes her way to the elevator while you and Joe head toward the parking   garage. “We’re going to meet with a couple of clients today,” Joe explains.   “First, we’ll have lunch with Bill Bateman, the CEO of the Peninsula Hotel   chain. He’s a great guy and I’m sure you’ll enjoy meeting him.” 

“Where are we meeting him for   lunch?” I ask, getting into Joe’s car. 

“Bill’s hotel, the Peninsula,   has a great restaurant that I frequently use to meet clients,” Joe answers.   “The food is outstanding. We’re going to meet him there to discuss the   renewal of his uniform contract.” 

As you continue the drive to   the hotel, Joe elaborates on his business history with Bill. “I was able to   win the contract for the Peninsula chain last year,” he explains. “We were   just able to underbid our competitor, Threads4U. In fact, Bill said that I   underbid them by about $5 per uniform. Great victory on my part.” 

“It sounds like you’ve   established a great working relationship with Bill,” you say. 

“Oh, yeah,” Joe agrees. “He’s   a great guy. The first time we met, I was on my way to buy a nice bottle of   cabernet as a birthday gift for my wife. She loves the expensive wines. I   happened to mention this to Bill, he said he orders it all the time and   offered to give me some for free. I told him it wasn’t 

necessary, but he insisted.   When I got my car back from the valet, I found not just a bottle, but an   entire case of high-end cabernet in my trunk.” Joe shakes his head, smiling.   “But that’s just the kind of guy Bill is.” 

“It sounds like it worked out   for you and your wife,” you comment. “Did she enjoy her birthday gift?” 

“Yes,” Joe says. “We both   enjoyed it for quite some time. Well, here we are,” he adds, pulling up the   Peninsula Hotel. 

As you park and exit the car,   Joe explains, “Since Bill and I have been doing business, he’s referred three   other hotel owners to me to supply their uniforms. Except for when I’m   meeting with one of his competitors, I usually conduct business meetings with   clients here at the restaurant in Bill’s hotel.” 

“It’s a beautiful hotel,” you   comment as Joe leads you through the lobby, admiring the elegant décor. “No   wonder you enjoy coming here. I wouldn’t mind bringing my family here for a   weekend sometime.” 

“Actually,” Joe says, “My   wife and I have become really good friends with Bill and his wife. He often   invites us out onto his yacht with his family, we go to social events with   them, and we’ve stayed at the hotel several times. We really enjoy it. You   should bring your family sometime, too. Kids love the pool with the   waterfall. 

You nod, following Joe into   the hotel’s restaurant. After all you’ve heard about Bill, you are very   interested in meeting him.