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Case Study: Bankruptcy At The Philadelphia Inquirer

Decent Essays

Ethical dilemma is the concept of a complex situation where there is no apparent answer or there are two competing solutions (Winch). It is unlikely that one will achieve the correct answer in an ethical dilemma as the answer will vary due to several factors influencing the person’s reasoning. Factors such as culture, environment, education, family, religion, age, gender, media outlets, etc. can influence someone’s point of view in an ethical dilemma. The case study, “Bankruptcy at the Philadelphia Inquirer” represents a dilemma with no clear or apparent answer.
Founded in 1839, The Philadelphia Inquirer has attained remarkable achievements in both, business and journalism fields respectively. The paper grew during the Civil War, as a result of its accurate reporting, however, that was only temporary. The newspaper was credited to new owners. Moses L. Annburg. He bought the Inquirer in 1930 and then the newspaper was sold again in1969 …show more content…

While some may agree that it is not appropriate to keep selling and buying a newspaper every few months, using several different strategies and laying off employees that are essential to the newspaper in order to keep it alive has certainly not work in the past years. The price tag keeps falling every year, while, the amount of money needed to keep publishing daily editions increases. Currently, the newspaper does not have the capacity to investigate and report all the potential news in the City of Philadelphia as the number of staff has immensely decreased in the last several years. Subsequently, there are numerous local business owners in Philadelphia that are fighting to find a solution to the problem. The Philadelphia Inquirer has been in existence for almost185 years. The paper was a key source of news during the Civil War, the Great Depression, World War I and II, shutting down the Inquirer will end a key role in the evolution of the American

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