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Business, 17.09.2019 20:20 mktdonaldson
The ceo of an international cruise line is facing an ethical decision regarding the installation of man overboard (mob) technology on the company’s fleet of 42 luxury cruise ships. the technology is not required by law, and the cost to install it will surpass $20 million dollars, with additional maintenance fees of up to $2 million dollars per year. the mob technology detects passengers falling off the ship, although it is not perfected and only works 75% of the time. it also causes multiple false alarms, which delays the cruise itinerary and inconveniences passengers. the cruise line has had an increase in persons falling overboard in the last year, with an annual average of about two individuals being lost at sea. after much consideration, the ceo decides to install the mob technology despite the costs and limitations. what ethical standard did the ceo likely apply in making this decision?
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