Business ethic Essay Example | Topics and Well Written Essays - 500 words - 1

Business ethic - Essay Example In conclusion, the challenge was on both AWB and oil protocol. The main stakeholders in the case study are Iraq government and the international community including the US and Australia. Likewise, the primary interest of Australia was to obtain oil while offering food support to help in the recovery of the war torn Iraq after the desert storm. The primary interest of the Iraq government led by Saddam Hussein focused on protection of personal interest and development of the weapons of mass destruction. The ethical framework theories such as the teleological ethics can apply to the situation because it is based on the end result of the action. For instance, the food for oil, programs main aim was to ensure the Iraqis do not die of hunger after the operation desert storm which leads to loss of food reserves. However, the end result of the program was massive corruption making the idea wrong based on the teleological ethics theory. The consequence of the approach of the makes it a wrong approach in Iraq because of massive corruption and strengthening of the incumbent government which latter stocked itself with banned weapons including biological weapons of mass destruction. Utilitarianism ethical theory focuses on the greatest benefit to the greatest number of people. For instance, the attack of Iraq because of the existence of the biological weapons was considered a best option because it would benefit the whole world. Therefore, the theory supports the invasion of Iraq by the inter national community. The decision to open case against the eleven executive members of the AWB board is end product of unethical approach in problem solving for the Iraq case. The best approach was to ensure that the Iraq government pays for the goods and service provided instead of working on the Oil for Food strategy which failed miserable and led to empowerment of the incumbent government. In a good strategy in solving strategy ensures that