Business Finance - Management assignment busn 311
BUSN311 Week 5 Student Name: Date:
SUBMIT THIS COMPLETED WORKSHEET TO THE WEEK 5 ASSIGNMENT DROPBOX. YOUR INSTRUCTOR WILL SCORE AND PROVIDE FEEDBACK. THIS IS A GRADED ASSIGNMENT WORTH 100 POINTS.
Please remember to include your name.
Instructions:
1. This Week 5 Worksheet is designed to assist your preparation of the Week 7 Assignment, Course Project.
2. Before attempting to complete this Worksheet, read the Week 7 Assignment thoroughly.
3. Read the Grading Rubric for the Week 7 Assignment Course Project.
4. Choose the company for your Week 7 Assignment Course Project.
5. On the Worksheet Chart you have a list of questions. Your brief answer to the question goes in the first column. The second and third columns are your reference sources (APA7 citation). These are research sources for your Course Project relating to your answer for each item.
The Course Project integrates analysis of the business decision making process when confronted with an ethical dilemma and an understanding of how ethical frameworks inherently operate in those decisions, along with the legal issues arising from the decision.
Complete the following chart in Microsoft Word. This chart organizes your work for the Course Project with identification of key concepts and research sources. The spaces will automatically adjust with input. Provide citation URLs or hyperlinks so that your instructor can access the sources you list.
A sample completed chart with commentary is provided for your guidance as an attachment to Assignment 5.
Note that you may use a reference more than once in the chart so long as it qualifies for the purpose you are citing it. Bear in mind that for the Course Project you need more than 7 credible references to meet the Exemplary level of the Week 7 Assignment Rubric.
Note: Just because a source is in the Library does not mean it is automatically considered scholarly or peer-reviewed. For more information on peer-reviewed and scholarly sources see Assignment link.
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BUSN 311 WEEK 5 WORKSHEET ASSIGNMENT |
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Question |
(5 points) Answer |
(5 points) Provide complete APA7 reference citation from Course Lessons or course eReserve & other course readings |
(5 points) Provide complete APA7 reference citation that is a peer-reviewed or scholarly source |
Total Points Value (100) |
Points Earned |
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(1) Identify company you have chosen from the Week 7 Assignment for your Course Project: |
Ford Motor Company |
Leave this middle box blank this no. 1 row only |
Bremser, W. G., Jermakowicz, E. K., & Reinstein, A. (2022). Sustainability Reporting Insights: The Case of Ford Motor Company. Issues in Accounting Education, 37(1), 125–139. |
10 |
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(2) Ethical dilemma: - Choice made: The company you chose had 2 choices in an ethical dilemma: the one it chose and another option it chose not to follow. In the ANSWER box for this line, identify the option (course of action) the company chose to do. Answer in one phrase or sentence. |
Ford Motor Company released the Ford Pinto to the public and were aware of its fuel tank issues. Instead of recalling the Ford Pinto for safety modifications, the Ford Company decided to continue with manufacturing and opt for pay outs to any possible lawsuits as it was cheaper that way. |
Chapter 3.3 Business Ethics. OpenStax. [from Week 4 eReserve] |
Gioia, D. A. (1992). Pinto Fires and Personal Ethics: A Script Analysis of Missed Opportunities. Journal of Business Ethics, 11(5-6), 379–389. |
15 |
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(3) Ethical dilemma: - Choice not made 2 Identify the company’s other option (course of action) in the dilemma, that the company could have done but chose not to. Answer in one phrase or sentence.
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Recall the Ford Pinto to prevent more accidents and fatalities and fix its fuel tank issues. |
Chapter 3.3, Business Ethics. OpenStax. (From Week 4 eReserve) |
Gioia, D. A. (1992). Pinto Fires and Personal Ethics: A Script Analysis of Missed Opportunities. Journal of Business Ethics, 11(5-6), 379–389. |
15 |
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(4) Ethical Framework One: Which ethical framework is illustrated by the company’s decision in the ethical dilemma? You must select one of the following frameworks:: *Free Market Ethics. *Utilitarianism. *Egoism |
Egoism |
American Public University System. (2023). BUSN 311.Lesson 5, Corporate ethics: Other ethical theories, egoism. |
Ramanathan, J., & Swain, B. (2019). Are Marketers Egoists? A Typological Explication: JBE. Journal of Business Ethics, 155(2), 611-621. Woiceshyn, J. (2011). A Model for Ethical Decision Making in Business: Reasoning, Intuition, and Rational Moral Principles. Journal of Business Ethics, 104(3), 311–323. |
15 |
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(5) Ethical Framework Two: Identify an ethical framework that, if followed, could have led the company to make a different decision. You must select one of the following frameworks: *Virtue ethics, *Blanchard-Peale, *Deontology, *Ethic of care |
Ethic of Care |
Halbert, T., & Ingulli, E. (N.D.). Law & ethics in the business environment. Chapter One. (6th ed.). Cengage Learning. (Lesson 5) |
Adhariani, D. (2022). Enterprise Risk Management and Earnings Volatility: Investigating the Role of Care Ethics. Australasian Accounting Business & Finance Journal, 16(6), 86-105. |
15 |
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(6) Legal Issue Identify a legal issue from our studies related to the company’s decision. |
Tort Claim – wrongful death |
Government Regulation and the Legal Environment of Business, Chapter 7. (2012 ). Saylor Academy. (From Week 1 eReserve)
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Becker, P. J., Jipson, A. J., & Bruce, A. S. (2002). State of Indiana v. Ford Motor Company revisited. American Journal of Criminal Justice: AJCJ, 26(2), 181-202 |
15 |
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(7) What did you learn? (Recommendation) Based on your analysis of this case study, recommend one business practice for any business for smart and ethical operations -- ( not specific to your chosen company) |
Businesses should prioritize Corporate Social Responsibility. Taking accountability to where manufacturing products for not only profits but also taking into consideration the environment, people, and the society |
Ethics Unwrapped: Corporate Social Responsibility. (2023). McCombs School of Business. (From Week 4 eReserve)
Business Ethics: Corporate Social Responsibilty and the Triple Bottom Line. (2023). Michael Matteson and Cris Metivier (From Week 5 eReserve) |
Moratis, L., & Cochius, T. (2011). Iso 26000 : The business guide to the new standard on social responsibility. Taylor & Francis Group. |
15 |
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