At the end of Ch. 8 of your
textbook (starting on p. 270 in the loose-leaf version) you will find
Short Incidents for Ethical Reasoning. Read “AL” and “THE HONDA
AUCTION.” ( I WILL SHOW YOU THROUGH PICTURES) For each incident,
you must identify the pertinent facts, the ethical issue(s), all
relevant stakeholders and determine how they could be impacted by the
decision that will be made, identify and apply at least one principle
for ethical reasoning, and then consider alternative courses of action
and choose the best course of action based on stakeholder impacts and
the outcome of the application of the ethical principle. You can use A
Framework for Ethical Decision Making or the Eight Steps to Ethical
Decision Making (found in the CSR & Ethics Module) as a guide.Your
textbook defines stakeholders as an entity that is benefitted or
burdened by the actions of a corporation or whose actions may benefit or
burden the corporation. Some common examples of stakeholders would
include customers, employees, suppliers, stockholders, and the
community.Businesses will almost always have multiple
stakeholders, and many times their interests will conflict. This means
that a business decision-maker will frequently have to make a decision
in the face of competing claims from different stakeholders. The
question of whose interests should be prioritized requires the exercise
of judgment. This skill—examining competing claims and deciding which
one is the strongest—is called evaluation. You will want to consider the power, urgency, and legitimacy that each stakeholder presents.You
should put yourselves in each stakeholder’s position—Why do they care
about the outcome of the decision? How will they be affected? What
outcome would they prefer? What are their arguments in support of their
preferred outcome? You will want to consider the power, urgency, and
legitimacy that each stakeholder presents. Two of the videos below will
give you a brief review of stakeholder theory and give you an idea of
what skills you will be expected to demonstrate when you complete this
assignment. Additionally, writing mechanics and grammar are graded as
part of this assignment. A video on improving mechanics in business
writing is provided below to help refresh your memory. Viewing
statistics will be collected and counted as part of the assignment’s
grade.Before submitting the assignment, review the rubric
attached to the assignment to ensure you have included everything in
your paper that needs to be included. Your submission must be in a Word
document or PDF, typed in size 12 Times New Roman font and
double-spaced. Your submission must not exceed 10 pages.PLEASE DO NOT COPY!!!!!Improving Mechanics in Business WritingPresenter David VanBuskirkWhat Are Stakeholders – R. Edward FreemanPresenter Mediasite PresenterWhat is Stakeholder Theory – R. Edward FreemanPresenter Mediasite PresenterAs
a reminder, for each incident, be sure to identify all relevant
stakeholders and determine how they could be impacted by the decision
that will be made, identify and apply at least one principle for ethical
reasoning, and then consider alternative courses of action and choose
the best course of action based on stakeholder impacts and the outcome
of the application of the ethical principle.Submission instructionsPlease ensure that the Certification set out below appears on your submission.Attach your Word document to this assignment and submit before the due date.CertificationBy
submitting my responses to this Assignment, I hereby certify and affirm
that I have not received any aid of any type from any of my classmates
or students taking this course in other sections.At the end of Ch. 8 of your
textbook (starting on p. 270 in the loose-leaf version) you will find
Short Incidents for Ethical Reasoning. Read “AL” and “THE HONDA
AUCTION.” ( I WILL SHOW YOU THROUGH PICTURES) For each incident,
you must identify the pertinent facts, the ethical issue(s), all
relevant stakeholders and determine how they could be impacted by the
decision that will be made, identify and apply at least one principle
for ethical reasoning, and then consider alternative courses of action
and choose the best course of action based on stakeholder impacts and
the outcome of the application of the ethical principle. You can use A
Framework for Ethical Decision Making or the Eight Steps to Ethical
Decision Making (found in the CSR & Ethics Module) as a guide.Your
textbook defines stakeholders as an entity that is benefitted or
burdened by the actions of a corporation or whose actions may benefit or
burden the corporation. Some common examples of stakeholders would
include customers, employees, suppliers, stockholders, and the
community.Businesses will almost always have multiple
stakeholders, and many times their interests will conflict. This means
that a business decision-maker will frequently have to make a decision
in the face of competing claims from different stakeholders. The
question of whose interests should be prioritized requires the exercise
of judgment. This skill—examining competing claims and deciding which
one is the strongest—is called evaluation. You will want to consider the power, urgency, and legitimacy that each stakeholder presents.You
should put yourselves in each stakeholder’s position—Why do they care
about the outcome of the decision? How will they be affected? What
outcome would they prefer? What are their arguments in support of their
preferred outcome? You will want to consider the power, urgency, and
legitimacy that each stakeholder presents. Two of the videos below will
give you a brief review of stakeholder theory and give you an idea of
what skills you will be expected to demonstrate when you complete this
assignment. Additionally, writing mechanics and grammar are graded as
part of this assignment. A video on improving mechanics in business
writing is provided below to help refresh your memory. Viewing
statistics will be collected and counted as part of the assignment’s
grade.Before submitting the assignment, review the rubric
attached to the assignment to ensure you have included everything in
your paper that needs to be included. Your submission must be in a Word
document or PDF, typed in size 12 Times New Roman font and
double-spaced. PLEASE DO NOT COPY!!!!!Improving Mechanics in Business WritingPresenter David VanBuskirkWhat Are Stakeholders – R. Edward FreemanPresenter Mediasite PresenterWhat is Stakeholder Theory – R. Edward FreemanPresenter Mediasite PresenterAs
a reminder, for each incident, be sure to identify all relevant
stakeholders and determine how they could be impacted by the decision
that will be made, identify and apply at least one principle for ethical
reasoning, and then consider alternative courses of action and choose
the best course of action based on stakeholder impacts and the outcome
of the application of the ethical principle.Submission instructionsPlease ensure that the Certification set out below appears on your submission.Attach your Word document to this assignment and submit before the due date.CertificationBy
submitting my responses to this Assignment, I hereby certify and affirm
that I have not received any aid of any type from any of my classmates
or students taking this course in other sections.
