2nd portion of Research Project(1)

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University of Illinois, Chicago *

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290

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Business

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Jan 9, 2024

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docx

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9

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BA 290 FALL 2023 2nd PORTION OF RESEARCH PROJECT – REQUIRED SUBMISSION The objective of the 2nd portion of the Research Project for this course is for the student to demonstrate a basic understanding of: a) the ethical theories and their potential use in a particular corporate situation; b) the five-step decision-making process/model addressed by Professor Roe which can heighten making ethical business decisions, including using that five-step process in a sample scenario; c) reasons why people, even people who are generally well-intended and moral, do wrong things; d) how identifying virtues important to you can influence ethical decision-making; and d) the factors that must be present for ordinary people to commit fraud or do bad acts (aka “ The Fraud Triangle ”). The maximum possible points for this second portion of the Research Project are 10. This represents another 10% of the total points that will be available for the Research Project. For the 2nd portion of the Research Project, you are required to answer/respond to each of the five mandatory requirements listed below before the end of Sunday, September 17, 2023 (i.e., must be completed and submitted to me before midnight on 1/29/2023 ). Working on this portion is intended to help prepare for the 1 st Test. You are to submit your complete answers/responses to each of the five items in one email sent to me at eleahy5@uic.edu . Timely submissions will earn one point . Late submissions within one day of the due date (i.e., submitted any time on Monday, September 18, 2023) will not receive that last available point. Late submissions after Monday, September 18, 2023, will incur a two-points deduction for each day the submission is late . So, for instance, if your email submission is sent at any time on Tuesday, September 19, 2023, a two-points deduction will be taken from your score (e.g., so if you earned all 9 points on what was submitted, the score would be reduced to 7 points). Included below , with this 2nd portion of the Research Project, is another rubric for how this portion’s requirements will be scored . Since the first four requirements/items listed below involve rather simple submissions from reviewing the textbook/lecture materials and/or responses to specific research requests, the scoring will be simple – complete compliance with each of the first four items listed below will earn one-point for each item. If there is no answer/response to an item, or there is an incomplete answer/response, zero/no point will be earned. The fifth/last item is more involved and is expected to take more time. Since the fifth item is intended to require considerably more effort/time, a maximum of five points can be earned. The requirements for earning the different level of points for the fifth item are addressed in the rubric. As stated in the rubric, the last available point will be earned by timely submission of your answers/responses. Good skill and luck with your efforts! ITEMS TO BE ANSWERED AND/OR RESPONDED TO FOR 2nd PORTION OF RESEARCH PROJECT Page 1 of 9
1) In the introduction to chapter 4, “ The Decision-Making Process ”, Professor Roe states that, when considering the decision-making process, be sure to remember to use your critical thinking skills and to see how you might be applying the particular theory or theories that you live by. (See, page 50 of the textbook). For the corporation you selected to be the chairperson or chief executive officer of for the first portion of the Research Project, state what theory or theories you would advocate be used by that corporation to guide its decision-making. So, state the name of the corporation below and which theory or theories you would advocate to be used by that corporation . Additionally , for each such theory, state why you chose that theory for that corporation. Answer/Response: 2) In the introduction to chapter 4, Professor Roe notes that there are many decision-making models that a person can follow and, in the subsection, titled “ The Process ,” Professor Roe confirms that making ethical decisions is a “.” Professor Roe goes on to describe a five-step “ Process ” for ethical decision-making. [See also, page 11 of the chapter 4 lecture notes]. List the five steps in the order presented by Professor Roe. Additionally , for each such step , provide at least one suggestion that Professor Roe states should be kept in mind or considered when addressing that step. This will require access to the textbook. Answer/Response: Step 1: Step 2: Page 2 of 9
Step 3: Step 4: Step 5: 3) On page 57 of chapter 4, in the section titled “ A Question Of Values ,” Professor Roe lists 21 of the most well-known virtues that society, over the centuries, considered valuable. Eventually Professor Roe suggests that we select the three most important values or virtues to us . List the three most important values or virtues to you from those identified by Professor Roe, listing the three in order of priority to you . Also, for each of the three values or virtues you selected , provide a real-life example of when you acted consistent with the value or virtue. Answer/Response: 1) 2) 3) Page 3 of 9
4) In the last section of chapter 4, at pages 58 thru 60, Professor Roe asked the question: “So why do otherwise good people do bad things?” Professor Roe goes on to identify three factors that must be present for an ordinary person to commit fraud , citing a criminologist, Donald R. Cressey. This is called the “ Fraud Triangle .” [This is also covered at page 33 of the chapter 4 lecture notes]. List the three factors that must be present, according to Donald R. Cressey, to lead otherwise good people to commit fraud or bad acts. Also identify the two “ pressures ” that Professor Roe describes as leading to the majority of fraud. [See, top of p. 59 of the textbook; also covered at same lecture notes page ]. Answer/Response: Factors : 1) 2) 3) Pressures : 1) 2) 5) The remainder of the requirements of this second portion of the Research Project will be based on the following sample scenario : Sample Scenario : College Advancement Resources Enterprises, Inc (“CARE”) is a corporation (fictional/made-up corporation) which specializes in supporting the higher education industry with products which heighten the instructors’ abilities to achieve more advanced student performance and capabilities. Historically, and exclusively, CARE’s products were strictly to improve the skills and abilities of the students. This was through providing its customers, which were colleges, universities, and institutions of higher learning, with products that its instructors could use to enhance student performance. CARE’s business model relied extensively on superior products and customer support, fostering repeat business. CARE rates at the highest level in the industry for customer support and repeat business. Page 4 of 9
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