The outbreak of the COVID-19 pandemic

 

w ethics can play out in a real-world scenario. You will read the case scenario and answers the questions in a narrative format. Use headings for each question. Headings are not the question. You are required to use the course material to support your reasoning and the conclusions made.

Learning outcome met by completing this project:

Identify ethical issues that arise in domestic and global business environments using an understanding of ethical concepts and of legal and business principles.

Case Scenario:

The outbreak of the COVID-19 pandemic required Americans to shelter in place thus causing the U.S. economy to freeze-up, resulting in millions of lost jobs. The U.S. Congress passed legislation to try and limit the economic damage. Included in the legislation was a stimulus package that would give $1,200 to single tax filers making $75,000 or less and $2,400 to married couples making $150,000 or less. The purpose of the payment was to give people emergency funds and to stimulate the economy. Also included was the CARES Act that provided the Paycheck Protection Program (PPP). The PPP was a program administered by the Small Business Administration that was targeted at small businesses. It provided for a government loan that was forgivable if used to pay employees’ salaries and benefits, mortgages, rent, and utilities. According to the SBA website, “[t]he Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.”

USAA is a member-owned organization that provided insurance and financial services exclusively to current and former members of the military as well as their family members. USAA has an excellent reputation as a well-run organization and for giving its members good service. Many USAA members maintain checking accounts with it. Some of those members who have checking accounts had overdrawn their balances and had a negative balance in their accounts. When the $1,200 or $2,400 stimulus check was deposited, USAA used those amounts to offset the negative balances in some of its members’ accounts. Members were not informed in advance that this would be the case. This resulted in some USAA members not having any access to the stimulus money. The action USAA took in crediting the funds to existing account deficits was perfectly legal.

Shake Shack is a corporation that owns and licenses restaurants selling traditional American fare like hamburgers and milk shakes. It currently operates 124 locations in the U.S. and overseas. As of May 4, 2020, the company had a market capitalization of $2.06 billion. The company is publicly traded on the New York Stock Exchange. In 2019, Shake Shack’s CEO received $2.3 million in compensation. Shake Shack applied for and received a loan of $10 million under PPP. The loan was permissible under a provision in PPP that allows restaurant chains to apply when each location has fewer than 500 employees. Shortly after Shake Shack received the loan, the PPP ran out of funds and many small businesses did not receive loans.

Small Business Administration. (2020) Retrieved from https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

How to Set Up the Paper

Create a Word or Rich Text Format (RTF) document that is double-spaced, 12-point font. The final product will be between 5-8 pages in length excluding the title page and reference page. Write clearly and concisely.

Create a title page with a title, the course number and section, the instructor’s name and your name.

Sample Solution

There are north of 7,000,000 individuals in clinics in the United States alone (Statista). The cutting edge innovation today has permitted a significant number of those in the clinical business to fiddle, restore, and broaden a patient’s life; these practices have saved huge number of individuals, who are experiencing sicknesses. With this power, comes numerous debates on whether or not a few practices ought to be proceeded. The most common way of “passing on calmly” results from a deadly infusion that quickly kills the patient without affliction; prevalently known as willful extermination, leniency killing, helped self destruction, or the freedoms to kick the bucket (Wolf). “Killing is the latent structure (orthanasia) as acknowledgment of the desire of God has been acknowledged by the Roman Catholic Church which has characterized it as inaction or oversight which without anyone else on through its expectation causes passing” (Diaconescu 476). The term killing, starts from the Greek expressions “eu”, meaning great, and “thanatos”, meaning demise (Wise 9). Killing is accepted to have been available for a really long time and to have been utilized by humankind from a few ages before the twenty-first-century breed (Diaconescu 476). The choice for willful extermination is helpful for patients to stay away from superfluous misery, monetary and social crisises.

The most established development to authorize willful extermination was in 1835, where individuals from an established gathering in England requested the recompense of leniency killing (Diaconescu 476). Helped self destruction was believed to be utilized oftentimes by the Germans in mid 1933-1945; Germans would explore different avenues regarding clinical synthetic compounds with various a large number of insane patients (Diaconescu 476). The act of willful extermination was brought into center in 1976 (Diaconescu 476). Swiss Academy, in 1777, permitted a patient’s medicine to be taken out and permit nature to kill them; notwithstanding, Pope Pius XII contends that willful extermination might be performed on the off chance that a patient’s wellbeing isn’t improving at the smallest (Diaconescu 476). “Killing was safeguarded by popular characters, for example, Voltaire, Th. More, Fr. Bacon, D. Hurne, B. Shaw, B. Russel, Nobel, and these days by an incredible number of Nobel laureates” (Diaconescu 477). Columbia was the principal American country to permit the act of leniency killing in 1997 (Diaconescu 476). A notable doctor who utilized the strategy for benevolence killing was Dr. Jack Kevorkian, who claimed a self destruction machine to play out his casualty’s passings (Marzili 11). Dr. Kevokian’s self destruction machine performed by infusing or breathing in synthetics into the body of the patient to stop the heart; Janet Adkins, Marjorie Wantz, and Sherry Miller were casualties of Kevordian’s machine (Marzili 11). Dr. Kevordian was condemned to jail after a sum of one hundred thirty counts of homicide with his self destruction machine on March sixth of 1999 (Diaconescu 476). A later report made by James Eglinton, from the University of Edinburgh, stated “Messenger” from a Newspaper that referenced David Goodall, an Australian man, who was one hundred four preceding he decided to take a deadly infusion to take his life; he was not in critical condition yet thought it was his opportunity to leave the world (Gale Global Issues). Today, numerous regulations forbid the demonstration of orthanasia and doctors who are blamed for playing out the training can be brought into addressing (Diaconescu 476).

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