Critically analyse three authoritative sources of ethics including its potential impact on employees in a working environment today.
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![9.2.3 BUSINESS ETHICS AND CORPORATE GOVERNANCE
[100]
QUESTION ONE
[30]
Critically analyse three authoritative sources of ethics including its potential impact on
employees in a working environment today.
QUESTION TWO
[20]
Explain the categories of justice and fairness from a deontological perspective and
consider ways in which business can implement some, if not all, these categories in
their policies and procedures.
QUESTION THREE
[20]
You have recently been appointed to the Board of a Mining Company. As an expert on
governance and ethics, discuss the ways in which the board can demonstrate
accountability and transparency to its key stakeholders as a responsible corporate
citizen.
QUESTION FOUR
[20]
The King IV Report on Corporate Governance adopts an outcomes-based philosophy.
Discuss the key governance outcomes envisaged by King IV and how this may benefit
organisations. Your answer should include reference to the "apply and explain"
principle.
QUESTION FIVE
Explain Carl Jung's psychoanalytical framework for understanding human behaviour
and how this may have a negative impact on business.
[10]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0e6f9973-e99b-401a-ba3d-0c876b2c5bb7%2F164ede79-7bc4-4703-be83-9afaa4f107e3%2F3xw7rnw_processed.jpeg&w=3840&q=75)
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- Which of the statements-relatedto ethics in business is FALSE: A. Advice lines which are available to both managers and employees are highly recommended to support ethical decisions.B. A written code of ethics is necessary for large organizations.C. Having policies and procedures on confidential reporting empowers employees to act ethically.D. Substantive policies create the overall implementation of the ethics program while structural policies define the applicable regulations that apply to the organization.Which of the following shows poor ethical judgment? a. A retail store raising prices to cover increases in costs. b. A corporate executive shredding documents that may be needed in a law suit. c. A supermarket offering lower-quality merchandise to meet their customers' price needs. d. Opening a very high quality store selling only extremely expensive merchandise. e. Comparing your product directly with that of a competitor in an advertisementPrepare each response in a third person, consultant point-of-view format. Include a minimum of at least four scholarly, peer-reviewed articles (at least one minimum for each question below). Some union advocates have suggested that the NLRB certification procedures are so cumbersome that unions would be better off if the LMRA was repealed. If labor laws discussed in this chapter were repealed, how might this affect: a) the formation of unions, and b) the terms and conditions of employment for employees? How were yellow dog contracts and labor injunctions used to limit the activities of union organizers or slow union growth? How did the Triangle Waist Factory incident contribute to worker advocacy and unionization?What were the aims and outcomes following the collective employee response? Although the National Labor Relations Act gives employees certain rights, these rights are not unlimited. Discuss and defend your answer.
- After reading the Article; Question: Which of the ESG issues in this article did you find most interesting and why? You must make a minimum of 3 posts. Answer the question with a minimum of 50 words. ESG Gains Could Buy Better Terms in Insurance Program Marsh McLennan and others seek to push clients for stronger climate-change disclosures and representations U.S. companies deemed to have superior environmental, social, and governance practices will be eligible for improved terms on directors-and-officers liability insurance policies under an initiative by a leading broker. Marsh McLennan's MMC -1.08% brokerage unit has teamed with international law firms and four major insurance carriers to recognize corporate clients for strong efforts in the increasingly high-profile areas, including such things as climate-change disclosures and representations, Marsh executives said. Directors-and-officers insurance is a core product bought by publicly traded companies. It is designed to protect…How to respond to this in 100 words? Ethics and strategic management relates because both weighs heavily on making sound decisions for the business and being held accountable for individual at risk behaviors. One benefit of utilizing ethics in an organization is that it creates a trustworthy environment in which the company has confidence in their employees to do the right thing. Another benefit for utilizing ethics is having high performing employees who have regards for both the business aspect of the company and possessing the responsibility for making solid moral decisions. “Managerial ethics refers to an individual’s responsibility to make business decisions that are legal, honest, moral, and fair” (Parnell, 2017, p. 116). For managers, it is also their moral responsibility to make sure that employees are in compliance with their work obligations and conduct themselves in a professional manner. “As a consequence, management needs to confront the challenge of balancing the…P1) Amazon founder Jeff Bezos says Amazon’s business model is fair to its employees. C) Amazon’s business model is fair to its employees. Source: Source’s Competence: Likely to Know | Unlikely to Know Why: Source’s Sincerity: Sincere & Unbiased | Insincere | Biased Why: Overall Quality of Argument: Good | Bad 2. P1) British comedian Ricky Gervais says there is no God. C) There is no God. Source: Source’s Competence: Likely to Know | Unlikely to Know Why: Source’s Sincerity: Sincere & Unbiased | Insincere | Biased Why: Overall Quality of Argument: Good | Bad
- A firm is a political entity; registration of a Firm gives it a status of a legal entity, a citizen akin to human being's citizenship statues, with similar legal responsibilities and privileges. Is this statement true or false? Question 12 options: a) True b) FalseAssignment: Select a current events article surrounding unions, bargaining units or labor issues. Discuss how one of the following acts influences the issue or topic of the current event. 1. Taft Hartley Act, 2. National Industrial Recovery Act or 3. Wagner Act and cite a scholarly reference (within the last 10 years) that supports your review. Refer to the assignment criteria for reviewing articles/scholarly papers above.Assignment Question: Stakeholder Theory and Business Ethics Framework Background: Stakeholder theory posits that organizations should consider the interests of all stakeholders—groups or individuals that can affect or are affected by an organization's objectives—when making decisions. Business ethics, on the other hand, revolves around moral principles and values that guide behavior in the world of business. Together, the stakeholder theory and business ethics provide a robust framework for organizations to make ethical decisions that account for a wide range of interests. Objective: Your task is to critically analyze a real-world business scenario using both the stakeholder theory and a business ethics framework. Business Scenario: The chosen scenario is company Shein. Is Shein ethical? There is no way once could qualify Shein as ethical. From its labor and environment practices, to quality, advertising and marketing tactics, transparency, and safety of its product, Shein's standars…
- Assignment Question: Stakeholder Theory and Business Ethics Framework Background: Stakeholder theory posits that organizations should consider the interests of all stakeholders—groups or individuals that can affect or are affected by an organization's objectives—when making decisions. Business ethics, on the other hand, revolves around moral principles and values that guide behavior in the world of business. Together, the stakeholder theory and business ethics provide a robust framework for organizations to make ethical decisions that account for a wide range of interests. Objective: Your task is to critically analyze a real-world business scenario using both the stakeholder theory and a business ethics framework. Instructions: Select a Business Scenario: Choose a recent, real-world business decision or event from a well-known company. Negative (e.g., a company facing a scandal or criticism for its actions). Just 1 Cases with an explaination about their ethical dilemma/issues in 1…Assignment Question: Stakeholder Theory and Business Ethics Framework Background: Stakeholder theory posits that organizations should consider the interests of all stakeholders—groups or individuals that can affect or are affected by an organization's objectives—when making decisions. Business ethics, on the other hand, revolves around moral principles and values that guide behavior in the world of business. Together, the stakeholder theory and business ethics provide a robust framework for organizations to make ethical decisions that account for a wide range of interests. Objective: Your task is to critically analyze a real-world business scenario using both the stakeholder theory and a business ethics framework. Instructions: Select a Business Scenario: Choose a recent, real-world business decision or event from a well-known company. Negative (e.g., a company facing a scandal or criticism for its actions). Just 1 Cases with an explaination about their ethical dilemma/issues in 1…Assignment Question: Stakeholder Theory and Business Ethics Framework Background: Stakeholder theory posits that organizations should consider the interests of all stakeholders—groups or individuals that can affect or are affected by an organization's objectives—when making decisions. Business ethics, on the other hand, revolves around moral principles and values that guide behavior in the world of business. Together, the stakeholder theory and business ethics provide a robust framework for organizations to make ethical decisions that account for a wide range of interests. Objective: Your task is to critically analyze a real-world business scenario using both the stakeholder theory and a business ethics framework. Business Scenario : In early 2022, Shein, the fast-fashioned company, was facing allegations and criticism regarding labor practices in their supply chain. According to what had been reported, shein has been accused of poor labor practices, including the allegation of child…
