MGTU 310 Week 6 Discussion 1 | Assignment Help | Brandman University
- brandman-university / MGTU 310
- 23 Apr 2021
- Price: $8
- Management Assignment Help / Business Management Assignment Help
MGTU 310 Week 6 Discussion 1 | Assignment Help | Brandman University
Week 6 Discussion:
Business Organization Ethics Case Study
Cedric Monroe is on the
Board of Directors of Ikonia Inc., a company that specializes in developing
customized marketing strategies. Cedric recruited two Ikonia executives to join
him in starting a social media marketing business. The three of them continued
to work for Ikonia, while they were planning their venture and used their
positions to gather information on customer needs, purchase equipment with
Ikonia’s corporate discount, and recruit potential customers. During this time
they did not reveal to Ikonia their intend to open a competing business. A year
later they officially registered their business and soon after Ikonia’s
leadership discovered its existence. Cedric and his two partners immediately
resigned but Ikonia sued them for damages.
1. Are the director and the two executive
officers liable?
2. Did they act ethically?
3. Who do you think will win and why?
USA 
India