Case
Teaching Notes
Supplementary Resources
Abstract
The case illustrates how profit maximization goals have the potential to influence ethical decision making. Abby, the assistant director of manufacturing, has the opportunity to enhance both company profitability and reduce the purchase costs of a product for the brother of George Smilee, the director of manufacturing. However, that decision would shift costs to another customer, Breeland Ltd. Being a CMA, Abby is appropriately using the IMA Statement of Ethical Professional Practice as a guide to the proper course of action. The case requires students to assume Abby’s position. In so doing, students are challenged to investigate the appropriate course of action. Students are asked to use the IMA Statement of Ethical Professional Practice when answering the questions posed and in deciding upon an appropriate course of action for Abby.
This case was prepared for inclusion in Sage Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.
2024 Sage Publications, Inc. All Rights Reserved
Resources
Table 1: IMA Statement of Ethical Professional Practice
Members of IMA shall behave ethically. A commitment to ethical professional practice includes overarching principles that express our values, and standards that guide our conduct. |
Principles IMA’s overarching ethical principles include: Honesty, Fairness, Objectivity, and Responsibility. Members shall act in accordance with these principles and shall encourage others within their organizations to adhere to them. |
Standards A member’s failure to comply with the following standards may result in disciplinary action. |
I. Competence Each member has a responsibility to:
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II. Confidentiality Each member has a responsibility to:
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III. Integrity Each member has a responsibility to:
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IV. Credibility Each member has a responsibility to:
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Resolution of Ethical Conflict In applying the Standards of Ethical Professional Practice, you may encounter problems identifying unethical behavior in resolving an ethical conflict. When faced with ethical issues, you should follow your organization’s established policies on the resolution of such conflict. If these policies do not resolve the ethical conflict, you should consider the following courses of action:
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This case was prepared for inclusion in Sage Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.
2024 Sage Publications, Inc. All Rights Reserved