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Business law
A stakeholder is the one who is affected by the decisions made by the different decision-makers and a stakeholder may be any customer, employer, group of employees, and a supplier. Based on the scenario provided, this paper aims to evaluate the impacts on the stakeholders.
Before publishing anything or giving documents to others, it is important to ask for the copyright of the original stakeholders. In this scenario, some of the professors have posted a book that was supposed to be sold by charging the customers. The aim of the customers was to assist the students who were not being able to pay the amount to have access to the book. Being the CEO of Eastlane, I believe that, there has to be maintained of the copyrights and it is against the rights of the stakeholders to provide free access to resources sometimes. Stakeholders and the ethical dilemma mean that there has to be an identification of the ethical behaviors regarding stakeholders is important. When they are not identified, unethical decision-making takes place.
In this scenario, upon bringing the infringement suit against HSU, this will make an impact on the stakeholders. If I do not take any legal action against these professors, this will make an impact on the copyrights and business of the stakeholders. Not taking any decision can be considered unethical. If I make a decision that will support professors and students, this will help them to continue their studies. However, there has to be one decision to ensure business ethics. If the supply of this source continues, it means that the Eastlanes policy will be violated and this will cause huge losses in the business. As the professors have charged the students, therefore, an important solution is to take that amount from them as a penalty and give it to the original service providers. Another solution is to make policies to give access that can be affordable for all, but this will make impacts on the business. This has to be negotiable for both groups, students and stakeholders.
Works Cited
AuthorLastName, FirstName. Title of the Book Being Referenced. City Name: Name of Publisher, Year. Type of Medium (e.g., Print).
LastName, First, Middle. “Article Title.” Journal Title (Year): Pages From - To. Print.
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