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Words: | Submitted: Fri Jan 28 2005
... number three is satisfied, therefore if we apply the question to this case, we can show that the closure of the Eastland plant does violate the "moral minimum" because of the hardship (harm) it causes to its employees and to the community. The affected stakeholders include all of the following: Eastland plant employees, business that hold contracts with the Eastland plant, Eastland plant suppliers, stockholders in the Speedy Motor Company, and, to a lesser extent, businesses that profit from the Eastland plant being open (ie, the community at large). The stakeholders interests should be evaluated and considered based upon a graduated scale of significance. In other words, the concerns of those stakeholders that are directly involved in the company operations (employees, suppliers, contractors) should be considered above the needs or concerns of the greater community. The considerations of stakeholders who are primary investors in the company (stockholders) should receive the highest ...
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