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Nada bahlas Dilemma You have twenty dollars. You meet a homeless person who tells you that, for that money, he could afford food for the next week. However, giving him the 20 dollars will mean that...

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Nada bahlas Dilemma You have twenty dollars. You meet a homeless person who tells you that, for that money, he could afford food for the next week. However, giving him the 20 dollars will mean that you cannot get to a meeting with a close friend you have not seen for several years, and who needs to speak to you about a personal matter.
Should you give the person the money, or keep it for yourself? Is it more important to help other people who are in need, or to live one’s life as fully as possible? No-one will blame you if you do either option, but in either case harm will befall the person you do not expend the twenty dollars upon.
Solution As with most real-word ethical problems, there is no ‘right’ solution to this dilemma, only justifications for taking either path. This is because life is a zero-sum game – that is, in order for someone to gain something, someone else must lose something. There are many ways to perceive the problem.
There is, of course, a third option, in which one gives enough to the homeless person that their immediate needs are met, and still leave enough money to get to the friend, or at least a significant part of the distance, relying on the fact that you have a support network that will provide the additional resources that you require. This is a lateral solution, where you rely on facts not stated within the dilemma itself but reasonable to assume.
Exploration This dilemma is one of the basic questions of philosophy, and has been explored from every angle throughout history. Every society comes to its own broad answer, and every individual must also come to theirs. There is a natural human tendency towards altruism – it is the existence of social behaviour that led to our success as a species, after all, and gave us language and communication.
As with many functional ethical dilemmas, it does not fare well when considered in the world. In the idealised realms of philosophy, arguments are made based on theory alone. In the world, it is not even clear on what scale one’s help would be effective. For example, helping the friend may lead to them helping many other people; but the same could be true of the homeless person, though the help would be of a very different kind and have a very different effect. At the same time, it is unclear whether the money would not be wasted on the friend, whose personal problem may turn out to be trivial, or the homeless person, who may spend it outside of his core needs. As such, there is no utilitarian answer.
Psychology fares no better. According to Maslow’s Hierarchy of Needs, the most basic needs of the homeless person can be met with this capital, but a much higher-order need may be met by helping the friend with their personal problem. Economically, this may be a better use of the twenty dollars, but it condemns someone to hunger for the sake of another person’s peace of mind.
Specific interpretations of individual ethical systems, rather than theories, may offer particular advice. Christian ethics, for example, would state it is better to help the beggar (if you are gnostic) and your friend (if you are dogmatic, concerned with spiritual welfare). There is the enlightened self-interest of Enlightenment philosophers and Buddhism, wherein one devotes all of one’s resources to the common good in the knowledge that the relationship is reciprocate, or the Randian extreme self-interest model where nothing is done except in one’s own immediate interest, and there is no social contract.
What all options and explanations share is that require making a value judgement that cannot be fixed by any reference, only by argument and belief.
Answered Same Day Dec 22, 2021

Solution

David answered on Dec 22 2021
125 Votes
harvey advisor inc.
1 | P a g e
2013

Hewlett-Packard

User

[HARVEY ADVISOR
INC.]
[Type the abstract of the document here. The abstract is typically a short summary of the
contents of the document. Type the abstract of the document here. The abstract is typically a
short summary of the contents of the document.]
i) Identification of Problem

a. What is the environment?
Harvey Advisor Inc. has been among the best firms in the industry of wealth management sector.
The proprietor of the corporation Mr. Harvey has been managing the wealth management firm of
Houston, TX. The firm is positioned as number 3 in Houston, which according to Mr. Harvey is
not the best, as his vision is of becoming number 1 in Houston is not yet pleased. Mr. Harvey has
een managing its organization team in a very good way and further is keeping the most talented
employees in the management team and the member of staff of the firm are capable of
accomplishing more than other employees in various firms due to their work ethics and craving
to be the best. Among the management team, Mr. Bruce who is 65 year old man was the primary
worker of Harvey Advisors Inc. and has been with the company since its incorporation. In the
above circumstances, Mr. Harvey faces a stiff task of appointing a new employee, whose name is
Matt and was working with the best wealth management company of Houston. It was analyzed
y Mr. Harvey that Bruce who has been with him since long time and has been totally dedicated
to the working of the company, has failed to perform in the recent past. Bruce has been receiving
the highest paid salary among all the employees, but in respect to the amount of salary, he is not
able to produce accordingly. Bruce has been failing to meet the requirement standards and been
performing on a very low scale. Harvey has set up such a management team that has been able to
perform on a high scale, and among the management team, Bruce has been constantly failing to
meet up the requirement standards as set up by Harvey. In this context, Harvey has been facing a
stiff environment to cope up with, as there lays two choices with him, that is, axing of Bruce
from the company and secondly keeping Bruce and ignoring appointing Matt.
. What is the situation?
One day, it was noticed by Harvey that Mr. Matt who has been working with the best wealth
management firm has resigned due to some personal reasons and is available for the job. Harvey
was eyeing on Mr. Matt, but the situation of hiring Matt would result in sacrificing Bruce. The
opportunity cost for Harvey was Bruce, as it was analyzed by Harvey that Bruce has been the
highest paid employee and is also not able to produce what he was once able to. Bruce was
constantly failing to meet up the standards set up by Harvey and on the other hand, Matt has
een the choice for such a situation, as Matt was functioning with the best wealth management
company of Houston. The situation is very perplexed for Harvey, as Bruce has helped the
company to reach among the best 3 in the sector of wealth management firms, but now due to his
inability or the matter of age, has let him fail to meet up the requisite standards of Harvey.
Keeping Bruce would not be considered a healthy situation for Harvey, as his aim of being the
est wealth management firm in Houston would not be fulfilled. Harvey has been very
passionate in the work he does and also setting up a vision of being in the best and called rank 1
wealth management firm of Houston. Alternatively, there also stands a situation of removing
Bruce and appointing Matt, which could Harvey Advisors Inc. in a very beneficial way, as Matt
can
ing the experience of how to make the firm reach best , but removing Bruce is the only
option which is available to Harvey, and if he removes Bruce, then it can have a unconstructive
impact on the position of the corporation and among the administration of the firm, as people
may think that Harvey Advisor Inc. does not care for its employees and is only aiming for
eaching the best, leaving behind all the ethics.
c. What are the options?
Hence the environment which is discussed above has curved out into a very tricky situation for
Harvey, and the options which is accessible for him is to sacrifice Bruce for Matt. The option
itself is a big decision, as the opportunity cost of Bruce is very high. Bruce has been constantly
failing to meet up the requisite standards set up by Harvey and this has lead to a great setback for
the firm. The firm is not able to compile and attain its vision of becoming the best wealth
management firm in Houston.
ii) People and Groups affected
The people and groups which can be affected is mainly Mr. Harvey, and further, if Harvey
decides to keep Bruce then Harvey Advisor Inc. would also be affected as the firm will fail to
hire Matt, who was working with Rank 1 wealth management firm in Houston and the dream of
Mr. Harvey to become number 1 among the wealth management firms in Houston would not be
fulfilled. Further if Mr. Harvey decides to release Bruce from Harvey Advisor Inc. then Bruce
would be the one who would be affected the most. The decision of Harvey would be a very
critical one, as he has to analyze the people and groups affected by his decision. If he decides to
emove Bruce, then accordingly Bruce would be affected but alternatively, its consequent affect
would be on the employees, that is, employees of Harvey Advisor Inc. might start feel the
pressure of underperforming and the result would be getting axed from the firm. Further it would
also lay a bad impression on the stakeholders of the company, that Harvey is aiming for reaching
the best and on the other hand he is ignoring the responsibility towards his...
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