Today’s global market creates a whole new set of ethical dilemmas for business owners, especially those involved in the social media world. One could argue that it is impossible to be the moral compass for the world, but to what extent does the leadership of social media businesses have an ethical obligation to its users and be profitable simultaneously? Once a business goes public, it also has an ethical obligation to its shareholders, so the stakeholder group grows. One such example that has been in the news recently is Facebook.
Begin by watching the following video, The Facebook Dilemma. As you are doing so, note the ethical violations of Facebook and how the violations are addressed.
You Tube: Frontline The Facebook Dilemma Part 1
Next, compose a 4–5-page report that includes the following:
Explain the central issue of this case, along with a description of the ethical issues that are identified/presented and how Facebook addressed each.
Detail the role power play in the leaders’ decision-making for Facebook. Assess the type(s) of power and explain whether leaders used the power positively and effectively.
Finally, create a detailed ethical training plan that Facebook should follow should such issues or instances arise again in the future.
Your paper must include at least 2 resources from the Excelsior Library and must be cited using APA format (7th edition.)