Business Ethics
Ethical considerations and principles
5 hours ago
20
TechFiteCorporatePolicies.docx
E_Task1.docx
TechFiteCorporatePolicies.docx
Assessment Code and Task
FZP2: Ethical Considerations and Principles TechFite Corporate Policies
C717 Task 1 TechFite Corporate Policies
Employee Work Hours and Benefits Policy Statement Employees will be classified as full-time or part-time based on the company's operational needs. Full-time employees will receive access to healthcare, retirement plans, and other standard benefits, subject to budget availability and company discretion. Part-time employees will receive prorated benefits if they work more than 30 hours per week for at least six months. However, the company reserves the right to reclassify employees at any time based on financial or operational constraints with minimal notice. While some employees may experience flexibility in scheduling, there is no guaranteed minimum work week for either classification.
Executive Compensation Policy Statement Executive compensation, including bonuses, will be determined based on the company's financial performance and achievement of specific corporate goals, such as meeting production targets and expanding market share. A portion of bonuses will also be tied to community engagement metrics, but this will constitute less than 10% of total executive incentives. The board of directors may prioritize executive rewards over other financial obligations, including employee benefits and community initiatives, if deemed necessary to attract and retain top talent.
Community Engagement Policy Statement The company will allocate a discretionary budget for community engagement activities, including local event sponsorships and youth leadership programs, provided operational profitability goals are met. Employees may volunteer in company-sponsored initiatives, but participation will be limited to off-hours and will not be compensated or counted as work time. Commitments made during public presentations are aspirational and may be revisited or canceled without prior notice based on financial or strategic needs.
Environmental Sustainability Policy Statement The company will adhere to environmental standards required by law and will voluntarily report emissions and waste reduction efforts every three years. Sustainable practices, such as energy-efficient production methods and waste recycling, will be implemented only when they align with financial goals or enhance public relations. Resources for additional sustainability projects will be allocated only if operational profits exceed targets. The company will not partner with environmental organizations unless such partnerships demonstrate a clear return on investment.
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E_Task1.docx
Ethical Considerations and Principles
In today's complex and multicultural business environment, professionals must maintain ethical ,integrity in all aspects of their work. The goal of this course is to introduce concepts that will guide you in ethical courses of action in business. As part of your evaluation, you will assume the role of a human resources (HR) director and analyze ethical and socially responsible courses of action for the given business scenario. Your task involves examining alignment between your company's practices, corporate policies, and ethical principles, and proposing courses of action to address the company's ethical responsibilities.
Scenario
TechFite, a high-tech British company renowned for its commitment to workplace collaboration, leadership development, and community engagement, recently opened its first U.S. factory in Dellberg to produce a new line of recreational equipment. The company's ethical principles strongly emphasize employee empowerment, environmental responsibility, and active community participation. To staff the new facility, TechFite has hired several local Dellberg residents, originally promising full-time roles with a 40-hour work week. However, due to budget constraints, funding for full-time benefits is limited and has led to the reclassification of many new employees to part time. This decision has created employee dissatisfaction, as the reduced hours prevent many workers from qualifying for full-time benefits. Recognizing the differences in labor laws and cultural expectations between the United States and the United Kingdom, TechFite's HR department is now tasked with reviewing its policies to address the ethical implications for employee well-being. As the HR director, you have noted a troubling trend. While employee hours and benefits are restricted, significant bonuses continue to be awarded to top executives, highlighting a disconnect between executive compensation and the company's stated values. During their initial presentations to the Dellberg City Council, TechFite committed to sponsoring local events, supporting youth leadership initiatives, and investing in Dellberg's infrastructure using environmentally conscious practices. To date, none of these commitments have been funded or acted on, which is beginning to damage TechFite's reputation in the community. Initial enthusiasm from Dellberg residents has waned, with complaints surfacing about limited hours, inadequate benefits, and the company's failure to engage in promised community and environmental initiatives. To regain the trust and support of Dellberg's residents, TechFite's leadership team recognizes the need for a clear, actionable plan that realigns the company's practices with its ethical values. This includes addressing community commitments, employee benefits, and environmentally sustainable practices to strengthen local relationships and fully integrate into Dellberg's community.
Requirements
Your submission must represent your original work and understanding of the course material. Most performance assessment submissions are automatically scanned through the WGU similarity checker. Students are strongly encouraged to wait for the similarity report to generate after uploading their work and then review it to ensure Academic Authenticity guidelines are met before submitting the file for evaluation. See Understanding Similarity Reports for more information.
Grammarly Note:
Professional Communication will be automatically assessed through Grammarly for Education in most performance assessments before a student submits work for evaluation. Students are strongly encouraged to review the Grammarly for Education feedback prior to submitting work for evaluation, as the overall submission will not pass without this aspect passing. See Use Grammarly for Education Effectively for more information.
Microsoft Files Note:
Write your paper in Microsoft Word (.doc or .docx) unless another Microsoft product, or pdf, is specified in the task directions. Tasks may not be submitted as cloud links, such as links to Google Docs, Google Slides, OneDrive, etc. All supporting documentation, such as screenshots and proof of experience, should be collected in a pdf file and submitted separately from the main file. For more information, please see Computer System and Technology Requirements.
A. Analyze the alignment between TechFite's ethical principles and its current practices in Dellberg by doing the following:
1. Provide a description of one ethical theory from the following list, including at least two key features or characteristics:
• virtue ethics
• utilitarianism
• principle-based ethics
2. Identify an ethical issue from the scenario.
a. Explain why the issue identified in part A2 is an ethical issue.
b. Identify two relevant stakeholders who are impacted by the ethical issue from part A2.
Note: TechFite and TechFite's reputation are not valid stakeholders.
c. Describe how both stakeholders identified in part A2b are impacted by the ethical issue identified in part A2 providing one impact for each stakeholder.
d. Explain how the theory described in part A1 can help TechFite resolve the ethical issue identified in part A2 and realign its practices with its ethical principles.
3. Identify a second ethical issue from the scenario.
Note: The ethical issue identified in part A3 must be different from the ethical issue identified in part A2.
a. Explain why the issue identified in part A3 is an ethical issue.
b. Identify two relevant stakeholders who are impacted by the ethical issue from part A3.
Note: TechFite and TechFite's reputation are not valid stakeholders.
c. Describe how both stakeholders identified in part A3b are impacted by the ethical issue from part A3 , providing one impact for each stakeholder.
d. Explain how the theory described in part A1 can help TechFite resolve the ethical issue identified in part A3 and realign its practices with its ethical principles.
B. Analyze the alignment between TechFite's ethical principles and its corporate policies by doing the following:
1. Using the attached "TechFite Corporate Policies" supporting document, clearly identify two corporate policies.
Note: Please ensure that each corporate policy is clearly and accurately referenced by its official name.
2. Analyze the first corporate policy identified in part B1 by doing the following:
a. Discuss one way in which the first corporate policy aligns with TechFite's ethical principles.
b. Discuss one way in which the first corporate policy conflicts with TechFite's ethical principles.
3. Analyze the second corporate policy identified in part B1 by doing the following:
a. Discuss one way in which the second corporate policy aligns with TechFite's ethical principles.
b. Discuss one way in which the second corporate policy conflicts with TechFite's ethical principles.
C. Help TechFite align its current practices with its commitment to corporate social responsibility (CSR) by doing the following:
1. Explain CSR, including two key features or characteristics.
2. Propose one course of action that TechFite can implement to align its practices with its commitment to CSR focused on employees.
a. Discuss how the course of action focused on employees would promote TechFite's reputation as a socially responsible organization.
3. Propose one course of action that TechFite can implement to align its practices with its commitment to CSR focused on community engagement.
a. Discuss how the course of action focused on community engagement would promote TechFite's reputation as a socially responsible organization.
4. Propose one course of action that TechFite can implement to align its practices with its commitment to CSR focused on environmental sustainability.
a. Discuss how the course of action focused on environmental sustainability would promote TechFite's reputation as a socially responsible organization.
D. Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.
E. Demonstrate professional communication in the content and presentation of your submission.
File Restrictions
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