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Lynchburg Manufacturing Executive Summary

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Executive Summary

Lynchburg Manufacturing
Projected Sales Analysis
Conducted by: Amanda Ingram
September 5, 2014

After conducting a thorough analysis of the sales budget and compiling a sales budget, we expect to sell 250,000 units of soaking tanks in 2011, representing a 25% increase over 2010 sales of 187,500 of the tanks.

1) Describe the legal and ethical issues surrounding the case. In this case, I don’t believe Jackson Daniels intentionally double counted the numbers. If that was the case, he would not have even let it bother him and certainly wouldn’t tell his friend about it unless they did it intentionally together. Ethically, Jackson needs to decide what’s more important to him; being honest and letting Pete know the mistake and possibly losing his job or keeping the budget as it is and if sales don’t reach the projection, simply say he was wrong. The latter can put a blemish on his reputation in the business showing that not only does he not know what he’s doing but, if it came out later that he knew all along it was the wrong projection, lose his job anyway and not be able to get other work in that type of business.

2) Would your answers change if these budget errors would not affect other aspects of the business operations? Personally, no they wouldn’t. I would let Pete know anyway just so he was aware of the issue. The level of honesty may ensure me to keep my job. If I did lose my job, at least I knew within myself that I did the right thing. If I was terminated anyway, the reason would not be as damaging to my future career endeavors.

3) Assuming that you are the reporting person for the case, what ethical standards can you identify with in this situation? I know that my conscience would get the best of me if I were to try to hide my mistake. I would not be able to look my superiors in the eye until I let them know

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