Business environment homework
BA 385—Homework #1
Template Instructions: First read all detailed homework instructions in D2. Download this document, delete italics as you go (as it’s instructional), fill in name and date, save bold text as headers, and fill in your work under the headers.
Name:
Date:
IDENTIFY TRIGGERING EVENT: This is a recent occurrence that brought the issue to the public’s attention, putting the company in the spotlight and forcing them to reevaluate their current business practices. Some examples of triggers are: injury or death of a stakeholder, a lawsuit, or a news report. If your triggering event is not recent, we can assume that the company has already decided how they plan to proceed. (Cite research.)
Describe the events leading up to the triggering event and what’s happened since then. Explain how various stakeholder groups have reacted to the issue and triggering event. Relevance and importance of the issue to the company must be clearly established. This will require some research, and you will want to stay current with the issue as the term progresses so you know what stakeholders are involved and how the company is responding.
SOCIAL SIGNIFICANCE:
ECONOMIC SIGNIFICANCE:
CULTURAL SIGNIFICANCE:
MORAL SIGNIFICANCE:
SAFETY SIGNIFICANCE:
LEGAL SIGNIFICANCE:
This is the meat of this assignment. Write 6 long, well developed paragraphs for each: economic, cultural, moral, safety, and legal significance of your issue. In this section, you will discuss the actual or future potential fallout from this issue. What are the social concerns related to this issue? What are the economic concerns related to the issue? And so on… Examining the significance will help you identify stakeholders as you think about who is currently involved, and who could be involved in the future. It will also help you to establish urgency as you think about how big of an impact this issue is (or potentially could be) if not addressed, which will be important when you consider the impact of your decisions in your final recommendations.
1