Applied Concept Paper: Critical Thinking Structures for Business Ethics

3010 Words Mar 1st, 2013 13 Pages

MAN 4720-009

Table of Contents Executive Summary 2 Abstracts 3 Concepts 5 Analysis 6 Conclusion 9 Works Cited 11

Executive Summary
The purpose of this paper is to demonstrate my understanding of the previously mentioned fundamental concepts and capability in order to relate them to the actual business world through applications of my critical thinking skills. Key concepts such as ethics, social responsibility, whistle-blowers, sustainability, stakeholders, and environmental stewardship are mentioned in Chapters 3 and 4 of (Wheelen, 2012). This paper discusses recent articles regarding
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Lowry suspected that Ms. Williams, the VP of Corporate Communications might have traded inside information about the company’s stock. She questioned it and filed a formal complaint with her immediate supervisor; she thought that it was the honorable thing to do. In return, her identity got disclosed to the offender, making it uncomfortable in her position since Mona Williams was effectively her boss. Also, she got a lower performance review, and when she complained, she was told to find another job. * Patagonia: Blueprint for Green Business

The above article is the story of how Patagonia, an outdoor-clothing and equipment firm, and its founder, Yvon Chouinard, took his passion for the outdoors and turned into a successful business. By conducting business in a non-traditional way, Chouinard created a company with a different outdoor style that makes $270 million in yearly revenues. This organization is among one of the first in America to provide onsite daycare, as well as both maternity and paternity leave, and flextime. Patagonia reuses materials, questions growth, ignores fashion, makes goods that last, and discontinues profitable products. With a laidback atmosphere for employees, its production is at full capacity. Mr. Chouinard’s biggest dream is to turn Patagonia into a totally sustainable, ECO friendly company,
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