NuComp Company
Sample Solution
The stakeholders in this situation are:
- The company: NuComp Company is the primary stakeholder in this situation. The company is facing increased costs and is considering moving to Missouri in order to save money.
- The employees: The employees of NuComp Company are also stakeholders in this situation. If the company moves, the employees will have to move as well, which will disrupt their lives and cost them money.
- The town: The town where NuComp Company is currently located is also a stakeholder in this situation. If the company moves, the town will lose its largest employer and suffer economically.
- The environment: The environment is also a stakeholder in this situation. If the company moves to Missouri, it may have a negative impact on the environment, such as increasing pollution or deforestation.
The ethical issues in this situation are:
- Fairness: Is it fair to the employees to move them to a new state when they have just built their dream homes and their children are settled in their schools? Is it fair to the town to lose its largest employer and suffer economically?
- Responsibility: Does the company have a responsibility to its employees and the town to stay in its current location, even if it means losing money? Does the company have a responsibility to the environment to minimize its impact?
- Transparency: Is the company being transparent with its employees and the town about the reasons for considering a move? Is the company providing accurate information about the costs and benefits of moving?
- Accountability: Who will be held accountable if the move goes wrong? Will the company be held accountable to its employees, the town, or the environment?
The decision of whether or not to move the company is a complex one with no easy answers. The company must weigh the economic benefits of moving against the ethical costs. It must also consider the impact of its decision on its employees, the town, and the environment.
If I were in the position of the person preparing the economic analysis, I would carefully consider all of the stakeholders and ethical issues involved. I would make sure to gather accurate information and be transparent with all of the stakeholders about the decision-making process. Ultimately, I would make a recommendation to the company that I believe is in the best interests of all stakeholders.
Here are some additional factors that the company should consider when making its decision:
- The impact of the move on the company's long-term profitability.
- The availability of skilled labor in Missouri.
- The cost of living in Missouri.
- The tax climate in Missouri.
- The company's corporate culture and values.
The company should also consult with its employees, the town, and other stakeholders to get their input on the decision. By taking all of these factors into account, the company can make an informed decision that is in the best interests of all stakeholders.