Scenario:
Otis is looking to expand his business. He has the opportunity to make sugar-free cookies using a new artificial sweetener. This sweetener is inexpensive and would increase Otis’s profit margin. However, there are some health concerns about the artificial sweetener, as studies show that it may cause cancer. Otis would like to increase his profits, but he is concerned about the health risks of using the artificial sweetener.
Consider the scenario and answer the following question:
• Should Otis use the artificial sweetener?
Discuss both the financial and ethical implications of Otis’s decision.
Sample Solution