Week 1
(Business Ethic, Corp Gov, Social Responsibilities)
Week 1 (Business Ethic, Corp Gov, Social Responsibilities)
Assigned Readings:
Chapter 1. The Importance of Business Ethics.
Chapter 2. Stakeholder Relationships, Social Responsibility, and Corporate Governance.
Overview:
Chapter 1 provides an overview of business ethics. It develops a definition of business ethics and discusses why it has become an important topic in business education. Next, it examines the evolution of business ethics in North America and explores the benefits of ethical decision making in business. Finally, the chapter provides a framework for examining business ethics in this text.
In chapter 2, first we identify stakeholders’ different roles in business ethics. We examine the relationships between businesses and various stakeholder groups and examine how a stakeholder framework can help us understand organizational ethics. Then we define social responsibility and examine the relationships between having a stakeholder orientation and social responsibility. Next, we delineate how a stakeholder orientation helps to create corporate social responsibility. We then examine corporate governance as a dimension of social responsibility and its role in structuring ethics and social responsibility in business. The ethical decision making process is covered in order to provide an understanding of the importance of oversight in responding to stakeholders. Finally, we provide the steps for implementing a stakeholder perspective in creating both social responsibility and ethical decisions in business.
Chapter 1. The Importance of Business Ethics
Learning Objectives
1. Explore conceptualizations of business ethics from an organizational perspective
2. Examine the historical foundations and evolution of business ethics
3. Provide evidence that ethical value systems support business performance
4. Gain insight into the extent of ethical misconduct in the workplace and the pressures for unethical behavior
Chapter 2. Stakeholder Relationships, Social Responsibility, and Corporate Governance
Learning Objectives
1. Identify stakeholders’ roles in business ethics
2. Define social responsibility
3. Examine the relationship between stakeholder orientation and social responsibility
4. Delineate a stakeholder orientation in creating corporate social responsibility
5. Explore the role of corporate governance in structuring ethics and social responsibility in business
6. List the steps involved in implementing a stakeholder perspective in social responsibility and business ethics
Reflection & Discussion Forum Week 1
Reflection and Discussion Forum Week 1
Assigned Readings:
Chapter 1. The Importance of Business Ethics.
Chapter 2. Stakeholder Relationships, Social Responsibility, and Corporate Governance.
Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.
Also, provide a graduate-level response to each of the following questions:
Dilbert on Ethics Training - this video takes a humorous view of what constitutes ethical conduct in an organization and who should receive ethics training.
https://www.youtube.com/watch?v=hIU38PTtD3k
Length: 1:13
Questions:
What is your definition of business ethics?
What are the ethical issues discussed in this video?
If only subordinates receive ethics training, how could this become a challenge to employee commitment?
[Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words - do not provide quotes!]
[Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]
Submitting the Initial Posting:Your initial posting should be completed by Thursday, 11:59 p.m. EST.
Response to Other Student Postings: Respond substantively to the post of at least two peers, by Friday, 11:59 p.m. EST. A peer response such as “I agree with her,” or “I liked what he said about that” or similar comments are not considered substantive and will not be counted for course credit.
[Continue the discussion through Sunday,11:59 p.m. EST by highlighting differences between your postings and your colleagues' postings. Provide additional insights or alternative perspectives]
Evaluation of posts and responses: Your initial posts and peer responses will be evaluated on the basis of the kind of critical thinking and engagement displayed. The grading rubric evaluates the content based on seven areas:
Content Knowledge & Structure, Critical Thinking, Clarity & Effective Communication, Integration of Knowledge & Articles, Presentation, Writing Mechanics, and Response to Other Students.
Activity 1
Zappos is a weird company - and it’s happy that way. The unique culture of Zappos is explored from the CEO and employee perspective.
https://www.youtube.com/watch?v=5mknIg_Abfw
Length: 10:02
Questions:
1. Attempt to describe Zappos corporate culture.
2. How does the corporate culture positively affect stakeholders?
3. Evaluate the holacracy structure and how does it contribute to the organizational culture?
Top 10 Biggest Corporate Scandals - a recount of the largest corporate scandals, created in 2016.
https://www.youtube.com/watch?v=_QepKsfmfSo
Length: 13:38 (can be broken down)
Questions:
1. What are some of the commonalities in these scandals?
2. Understanding that a benefit of ethical conduct is profits, how is unethical conduct detrimental to profitability?
3. How would you defend an organizational commitment to business ethics?
The assignment is to answer the question provided above in essay form. This is to be in narrative form and should be as thorough as possible. Bullet points should not to be used. The paper should be at least 1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to competitive strategy. The textbook should also be utilized. Do not insert excess line spacing. APA formatting and citation should be used.