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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.