Rajwant Engineering: Survival or Ethical Values?
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Publication Date:
October 05, 2016
Industry:
Manufacturing
Industry:
Media
Industry:
Energy & Natural Resources
Source:
Ivey Publishing
In October 2014, the owner of Rajwant Engineering Pvt. Ltd., a small-scale manufacturing business in Jamshedpur, India, needed to make some key strategic decisions. The immediate challenge was that the company had recently been asked for a bribe by the procurement manager of its most important client. The business owner was a highly ethical entrepreneur, so he was tempted to discontinue his relationship with the client on ethical grounds. However, the business was facing major financial difficulties, and the owner felt great responsibility toward his employees. The business owner wondered if he should instead compromise on his values in order to save his business from bankruptcy.
Atul Arun Pathak is affiliated with XLRI-Xavier School of Management. Kshamta Sharma is affiliated with XLRI-Xavier School of Management.
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Rajwant Engineering: Survival or Ethical Values?
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