THE HISTORY OF BUSINESS ETHICS AND STAKEHOLDER THEORY IN AMERICA

THE HISTORY OF BUSINESS ETHICS AND STAKEHOLDER THEORY IN AMERICA

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

Towards the end of Chapter 1 of Daniel Terris’ book (2005) he points out that the five ‘strands of thought’ discussed in the chapter represent ‘shades of emphasis’ in the field of corporate ethics and he claims that it is difficult for corporations to elude scrutiny across the board at all times. He then contends that:

Patching up a single [workplace ethics] problem will likely satisfy no one in the long run, when problems emerge in new and unforeseen areas. But this is just another way of saying that corporate ethics is a continuous process, rather than the rollout of a single product. What the history suggests is that responding to discrete problems of corruption or exploitation is a short-term fix. The challenge is to develop an approach that is sufficiently supple, dynamic, and self-critical to engage ethics issues in their most fundamental—and therefore most threatening—dimension.

Please compose a 4- to 5-page argumentative essay in support of the last sentence in his statement. “The challenge is to develop an approach that is sufficiently supple, dynamic, and self-critical to engage ethics issues in their most fundamental— and therefore most threatening— dimension”(Terris, 2005) in light of the materials discussed in Chapter 1.

Use historical examples from your text reading and do some research on your own (and/or provide legitimate examples) to support your key points and arguments.

Assignment Expectations

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.

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 four articles on business ethics from our TLC Library. You will review one paper each in Modules 1 through 4. In the final module you will also be asked to integrate some of your thoughts from your paper reviews.

In this SLP we will be reviewing an article that covers 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 .homeworkminutes.com/question/view/77165/TRident-Eth301-module-1-SLP#”>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 .homeworkminutes.com/question/view/77165/TRident-Eth301-module-1-SLP#”>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 .homeworkminutes.com/question/view/77165/TRident-Eth301-module-1-SLP#”>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 1). Summarize key points from your reading, and 2). Include a brief stakeholder analysis narrative of the scenario described above considering different stakeholder groups that may benefit or be negatively impacted in this scenario. Make sure you demonstrate your understanding of the stakeholder management concepts presented in the reading. For instance, who might be considered to be the primary stakeholders? Are there any secondary stakeholders? How powerful are the respective stakeholder groups? Finally, make a recommendation regarding the scenario based on your analysis.

SLP Assignment Expectations

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.


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