ETH 301 MODULE 1 CASE AND SLP LATEST-TRIDENT
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ETH 301 Module 1 Case and SLP Latest-Trident
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ETH 301 Module 1 Case Latest-Trident
Module 1 – Case
THE HISTORY OF BUSINESS ETHICS AND STAKEHOLDER
THEORY IN AMERICA
Assignment Overview
The first part of your reading in Daniel
Terris’ book will include an overview of Lockheed Martin’s organization and
will lay out the research plan that Terris used to obtain information necessary
for his work. This will be followed by a general overview of the evolution of
business ethics in America.
Case Assignment
Based on your readings, describe what you
consider to be the responsibility of top leadership in a large organization
with respect to reaching a balance between profits and stakeholder concerns.
Please support your position by giving some examples from the text or from
other sources where CEOs did a good or poor job of finding this balance.
Terris discusses the history of business
ethics in America since the late 1800s with respect to anti-competitive
practices, seeking unfair advantage through immoral arrangements with suppliers
and public officials, failing to adhere to laws and regulations, and lack of
transparency. Discuss to what extent you believe things to be better or worse
in the present day for businesses in general.
- Describe welfare capitalism and its role as a
forerunner of the contemporary business ethics movement.
- On page 41, Terris discusses the ideas of Howard Bowen
regarding the evolution of social responsibility of businesses. To what
extent do you think his predictions held true since 1953?
- Your paper should be double-spaced and in 12-point type
size.
- Your paper should have a separate cover page and a
separate reference page containing the full citations corresponding to the
in-text citations you choose to use in the body of your paper. So in
addition to the 4- to 5-page body of your paper you will have a title page
and a reference page. So overall, you will be submitting a 6- to 7-page
document.
- Use APA style, and proofread your paper.
- Upload your paper by the end of the module.
ETH 301 Module 1 SLP Latest-Trident
Module 1 – SLP
THE HISTORY OF BUSINESS ETHICS AND STAKEHOLDER
THEORY IN AMERICA
Business Ethics and Stakeholder Management
For your SLP this session you will be asked to
review articles on business ethics from the Trident Online Library. You will
review one or more articles each in Modules 1 through 4 dealing with different
ethical concepts.
In this SLP we will be reviewing articles that
cover the concept of stakeholder management. Stakeholders are important to
consider in significant business related decisions. This is because
organizational decisions – especially substantial decisions involving
significant resource allocations/re-allocations – tend to impact various
stakeholder groups as you will be reminded in your reading. These stakeholders
may have the power to impact the organization’s success.
Assignment Instructions:
In this assignment you will be asked to apply
stakeholder management theory to the following scenario:
A public corporation of 980 employees
manufactures a popular brand of garments (mostly jeans) that are primarily made
and sold in America nation-wide. It has a large contingent of employees in
several small rural communities in the Eastern US and is the primary employer
in all of those communities. Two if its 5 shops are unionized but the union and
management have a good working relationship. The company has traditionally
marketed its clothing line as “Made in the USA” and attracted a bit of a “cult
like” following as a result, but an outside consulting firm has suggested that
significantly greater profits are possible if a different strategy is employed.
The corporation is subsequently considering whether to off-shore its
manufacturing facilities to a poor nation to save money on labor. It would also
discretely discontinue its “Made in the USA” marketing ads and hopefully ride
the wave of its previous marketing campaigns for a while. It is estimated that
total cost per unit of production will be decreased by one third which equates
to tens of millions of dollars.
Please write a 3-page paper in which you
respond to the following:
- Provide a paragraph summarizing the concept of
stakeholder management based on your readings.
- How do you think the following stakeholder groups in
the above scenario will be impacted?
- Employees/unions
- Communities
- Stockholders
- What would you recommend the employer described above
should do?
- Your 3 (or more) page paper should be double-spaced and
in 12-point type.
- Your paper should have a separate cover page and if you
are using any in-text citations then a separate reference page.
- Use APA style, and proofread your paper.
- Upload your paper by the end of the module.
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