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CHAPTER 7

CHAPTER 7. Identifying Stakeholders. Identifying Stakeholders. Many states now require motorcyclists to wear helmets—a law unpopular with individuals who believe they should have the freedom of choice.

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CHAPTER 7

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  1. CHAPTER 7 Identifying Stakeholders

  2. Chapter 7 Identifying Stakeholders • Many states now require motorcyclists to wear helmets—a law unpopular with individuals who believe they should have the freedom of choice. • Most people recognize that wearing a helmet provides the rider with extra protection in a crash. • But why not allow a rider to accept the extra risk of riding without a helmet?

  3. Chapter 7 Identifying Stakeholders • A well-known ethical model, the utilitarian theory, states that an ethical action is one that provides the greatest balance of good over harm. • Any persons or groups who will be affected by an action are called stakeholders. • The impact of the action on all stakeholders should be analyzed.

  4. Chapter 7 Identifying Stakeholders • Major stakeholders include owners, employees, customers, local communities, and society. • Not every type of stakeholder will apply in each decision. • However, the list of stakeholders provides a useful guide for individuals to search beyond themselves for the impact of their actions.

  5. Chapter 7 Identifying Stakeholders • Analyze the impact on stakeholders involved in a motorcyclist’s decision to ride without a helmet.

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  13. Chapter 7 Identifying Stakeholders • This analysis clearly demonstrates how a seemingly personal decision—wearing a helmet—can affect many people. • Individuals must make their own conclusions from this analysis. • State legislators who have voted for helmet laws believed that benefits to the motorcyclist failed to offset the negative impact on so many stakeholders. • Individuals who opposed helmet laws believe the benefits to the individual offset the negative impact on all other stakeholders.

  14. Chapter 7 Identifying Stakeholders • Instructions • Most colleges and universities have minimum academic standards for admission. • Create a table that analyzes the positive and negative impact of admission standards. • Are admission standards ethical?

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