Only Complete Number 2 (” Evaluate who are the stakeholders in this scenario”) Ethics assessment Po

  

Only Complete Number 2 (” Evaluate who are the stakeholders in this scenario”)
Ethics assessment

Poker4u

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Professor Wendy Gelman

Last year, Mark and Jason started a business called
Poker4u, based in the British Virgin Islands
, through which they run a gambling website called
Poker4u.com. For a fee, visitors to the website can play poker and other card games against players from around the world. Game winners earn cash prizes.
Poker4u accepts all major credit cards. This website has become very popular with players from across the globe and, as a result, Poker4u has become a very profitable business.

Before playing on
Poker4u.com, all players must sign a document stating that they are over 18 years of age and agreeing to assume full responsibility for their debts incurred while playing on the site. Many adults have visited this website, played cards and have lost thousands of dollars. However, despite warnings on the site to discourage underage players, Alan, a 14 year old in Cincinnati, Ohio visited this website and used his fathers credit card to play and lost $20,000. In addition, Roger, a 12 year old in Thailand, and Jacob, a 16 year old in Australia, committed similar offenses. The website is now demanding full payment from Alan, Roger and Jacob and each of their parents.

Instructions

1) Identify the ethical dilemmas

2) Evaluate who are the stakeholders in this scenario.
3) What are the alternative courses of action. Please discuss the pros and cons of each possible course of action. Make sure you include how the stakeholders will be impacted by the various solutions you are proposing.
4) Discuss the ethical schools of thought in evaluating your decision.
5) Recommend a decision. Make sure to provide the rationale for your decision.

Introduction:

Poker4u is a popular gambling website that offers players across the world the opportunity to play poker and other card games for cash prizes. Despite the warnings on the site regarding underage players, several minors have played on the website using their parents’ credit cards and incurred debts running into thousands of dollars. This scenario presents several ethical dilemmas that require careful evaluation to determine the best course of action.

Description:

This case study raises a number of ethical issues that must be addressed urgently. Firstly, the gambling website, Poker4u, must consider its responsibility to ensure that minors are not able to access and play on their site. Secondly, the parents of the minors who incurred debts on the site must be held accountable for allowing their children to access and play on the site. Thirdly, as a profitable organization, Poker4u must make a decision on how to deal with the debt incurred by the underage players and their parents.

Instructions:

1) Ethical dilemmas: The main ethical dilemmas in this case study are the responsibility of Poker4u in ensuring minors don’t access their site and the accountability of the parents in allowing minors to incur debts on the site.

2) Stakeholders: The stakeholders in this scenario include Poker4u owners, underage players, parents of underage players, Poker4u employees, credit card companies, and regulatory bodies.

3) Alternative courses of action: The possible courses of action include settling the debts with parents, seeking legal actions, or providing counseling services to the minors. Each possible solution has its pros and cons and impacts stakeholders in different ways.

4) Ethical schools of thought: Utilitarianism, deontology, and virtue ethics can be used to evaluate the decision in this scenario.

5) Recommended decision: The recommended decision is to settle the debts with parents while providing counseling services to the minors. This solution takes into account the well-being of the minors involved while also holding the parents accountable. It aligns with the principles of virtue ethics by prioritizing the well-being of all stakeholders involved.

Objectives:

1) To identify the ethical dilemmas in the scenario.
2) To evaluate who are the stakeholders in this scenario.
3) To discuss the alternative courses of action, including their pros and cons and how the stakeholders will be impacted.
4) To discuss the ethical schools of thought in evaluating the decision.
5) To recommend a decision and provide the rationale for the decision.

Learning Outcomes:

1) Demonstrate the ability to identify ethical dilemmas in a given scenario.
2) Explain the concept of stakeholders and analyze their roles in the given scenario.
3) Evaluate and compare different courses of action by analyzing their benefits and drawbacks and predicting their impact on stakeholders.
4) Describe and differentiate between the ethical schools of thought and apply them to a given scenario.
5) Justify a recommended decision based on the analysis of different courses of action and ethical considerations.

Ethical Assessment of Poker4u:

1) Identify the ethical dilemmas:

– Poker4u is a gambling website that may encourage addiction and unhealthy behavior.
– The age limit for players is not being enforced effectively, leading to underage individuals losing large sums of money.
– Poker4u is demanding full payment from minors and their parents, who may not have been aware of their activities on the website.

2) Evaluate who are the stakeholders in this scenario:

– Mark and Jason, the founders of Poker4u
– Players on Poker4u
– Underage players and their parents
Credit card companies
– Society as a whole, impacted by gambling addiction and other social issues related to gambling.

3) What are the alternative courses of action:

– Poker4u could shut down the website, stopping the harm caused to underage players but also negatively impacting the profits of the business and potentially the enjoyment of adult players.
– Poker4u could continue operating and improving their age verification process to prevent underage players from accessing the website. However, this may be difficult to enforce effectively and may also negatively impact profits.
– Poker4u could waive the debts incurred by underage players and acknowledge the role they played in allowing minors to access the website. However, this may set a precedent for other minors to try to access the site and may also lead to financial losses for the business.

4) Discuss the ethical schools of thought in evaluating your decision:

– Utilitarianism: The decision should maximize the overall happiness and minimize the overall harm caused to all stakeholders involved.
– Deontology: The decision should adhere to moral principles and obligations, such as not allowing minors to gamble.
– Virtue ethics: The decision should align with the virtues and values of the individuals involved, such as integrity and responsibility.

5) Recommend a decision:

Based on the options presented, the most ethical decision would be for Poker4u to continue operating while improving their age verification process. This decision aligns with the principles of deontology by adhering to the moral obligation to prevent minors from accessing gambling websites. It also aligns with the principle of utilitarianism by minimizing harm to underage players while allowing for the enjoyment and profits of adult players. Additionally, Poker4u could explore additional measures, such as partnering with advocacy groups to promote responsible gambling. However, if Poker4u decides to continue operating, they should be more effective in preventing minors from accessing the website to avoid similar ethical dilemmas in the future.

Solution 1:

(Ethical Dilemmas)

The main ethical dilemma in this scenario is the exploitation of vulnerable and underage individuals by the Poker4u website. Since the website explicitly requires its visitors to be at least 18 years of age to play, it can be considered unethical to attract and permit underage individuals to participate.

(Evaluate who are the stakeholders in this scenario)

The stakeholders in this scenario are as follows:

– Mark and Jason (co-founders and owners of Poker4u)
– Adult players who have signed the agreement and played responsibly
– Underage players who have lost significant amounts of money
– Parents of underage players
– Poker4u as a business entity
– Credit card companies involved in processing payments
– Regulatory authorities responsible for overseeing online gambling and underage gambling
– Society as a whole

(Solution 1: Alternative courses of action)

One possible course of action is for Poker4u to waive the debt incurred by the underage players and their parents on the grounds that they were not legally permitted to visit the website. This could be seen as a responsible step towards preventing the exploitation of vulnerable individuals.

Pros: This option would demonstrate the company’s commitment to ethical behavior and could help mitigate any negative public perception. It would also assist in avoiding any legal action or regulatory sanctions that may arise from permitting underage gambling.

Cons: This option could result in a loss of revenue for the company. It may also lead to push-back from adult players and stakeholders who feel that they were treated unfairly for having signed the agreement.

(Solution 2: Alternative courses of action)

Another possible course of action is for Poker4u to honor its original agreement and demand full payment from the underage players and their parents. In this scenario, Poker4u could argue that it did not knowingly permit underage individuals to gamble on its website, and it is only fair that the debts be repaid.

Pros: This option would protect the financial interests of the company. It may also serve as a deterrent to future underage individuals in attempting to gamble on the website.

Cons: This option could damage the reputation of the company, alienate responsible stakeholders, and draw negative public attention. Additionally, any legal or regulatory action pursued against the company could be costly and time-consuming.

(Ethical schools of thought)

Utilitarianism, which advocates for the greatest good for the greatest number of people, would suggest that Poker4u should waive the debts incurred by the underage players. This would align with the company’s social responsibility and benefit the vulnerable individuals impacted.

Deontological ethics, on the other hand, would suggest that Poker4u should honor its original agreement and demand full payment, regardless of the impact on the underage players and their families.

(Viability and rationale for the decision)

Based on the stakeholders’ evaluation and ethical discussions, the recommended decision for Poker4u would be to waive the debts incurred by the underage players and their parents. This decision would align with the company’s social responsibility and demonstrate its commitment to ethical behavior. It would also protect the company’s reputation from negative press and regulatory action that may result from exploiting underage gamblers.

Suggested Resources/Books:

1. “Business Ethics: Managing Corporate Citizenship and Sustainability in the Age of Globalization” by Andrew Crane and Dirk Matten.
2. “Ethical Issues in Business” by Thomas Donaldson and Patricia Werhane.
3. “Business Ethics: A Stakeholder and Issues Management Approach” by Joseph W. Weiss.

Similar Asked Questions:

1. What are some common ethical dilemmas that arise in online gambling ventures?
2. How do stakeholders differ in domestic versus international online businesses?
3. What are some alternative courses of action for companies when children engage in online gambling activities?
4. How can businesses balance ethical responsibility with financial profitability?
5. What role do legal regulations play in governing online gambling for minors?

Evaluate who are the stakeholders in this scenario:

1. Mark and Jason – Owners of Poker4u
2. Poker4u employees
3. Players who have visited Poker4u.com
4. Alan, Roger, and Jacob – underage players who incurred debt while using Poker4u.com
5. Parents of Alan, Roger, and Jacob
6. Credit card companies that processed payments for Poker4u.com
7. Competitor online gambling businesses
8. Law enforcement agencies in various countries
9. Advocacy groups for responsible gambling
10. Society, as a whole, may feel an ethical obligation to discourage underage gambling.

In this scenario, the primary stakeholders include the business owners, employees, players who visited the website, underage players and their parents, and credit card companies. However, there are also other stakeholders, such as competitors, law enforcement agencies, advocacy groups, and society at large, whose interests may also be impacted by the actions of Poker4u.

The owners of Poker4u may be concerned about the potential loss of revenue and reputation if they are found to be facilitating underage gambling. They may also face legal consequences and fines if they are found to be in violation of laws regarding online gambling.

Employees may be concerned about the potential loss of their jobs if the business is forced to shut down or face legal consequences.

Players who have visited Poker4u.com may be concerned about the security of their personal and financial information, as well as the reputation of the website they have used.

Underage players and their parents are the most directly impacted stakeholders in this scenario. They may be facing significant financial debt and legal consequences, as well as emotional stress and embarrassment.

Credit card companies that processed payments for Poker4u.com may also be impacted if they are found to be facilitating underage gambling in violation of industry regulations.

Alternative courses of action:

1. Require stricter screening processes at registration to ensure that players are over the age of 18 and request verification documents such as ID cards. However, this may not be effective in preventing all underage players from accessing the site and may lead to a decrease in revenue.
2. Implement stricter penalties for underage players and their parents, including fines and legal consequences. However, this may be unpopular with customers and could result in a loss of business.
3. Shut down the website entirely and liquidate the assets to repay outstanding debts. However, this may result in a significant financial loss for the business owners and employees and may not address the problem entirely.
4. Offer additional resources and counseling services for underage players and their families to address the underlying issue of underage gambling. This may be the most ethical solution, but may not be financially feasible for the business.

Ethical schools of thought in evaluating the decision:

Various ethical schools of thought may have different perspectives on how to approach this scenario. Utilitarianism would prioritize the greatest good for the greatest number of people. In this case, the greatest good would likely be preventing children from engaging in underage gambling and protecting their financial and emotional well-being.

Deontological ethics would prioritize following moral rules and fulfilling obligations. In this scenario, the business owners may have an obligation to ensure that their customers are of legal age and should do everything in their power to prevent underage gambling.

Virtue ethics would prioritize acting in a way that reflects positive character traits, such as responsibility and compassion. In this case, the business owners and stakeholders may have a responsibility to not only address the financial consequences of underage gambling but also to help children and families address the underlying emotional issues.

Recommendation:

In this scenario, the best course of action may be offering additional resources and counseling services for underage players and their families. This solution would prioritize the well-being and safety of the children involved while acknowledging the financial and ethical obligations of the stakeholders. It may also help to repair the reputation of Poker4u and prevent similar incidents from occurring in the future.

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