Joey is the vice president of corporate ethics at NCD Corporation. In a recent case of fraud discovered at NCD, Joey considered whether he should fire the employee who committed the fraud, require repayment of the funds stolen or both. Following the Langenderfer and Rockness model, Joey's next action should be:

Question

Quizplus · Accepted Answer

According to the Langenderfer and Rockness model, the next step after identifying an ethical dilemma is to complete a cost/benefit analysis of each possible action. This analysis will help Joey determine which action will result in the greatest benefit for the company and its stakeholders while minimizing any negative consequences. Only after completing this analysis can Joey make an informed decision about whether to fire the employee, require repayment, or both.

Joey Is the Vice President of Corporate Ethics at NCD