- Identify and explain in detail the three main types of Normative ethical theories.
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- How do I respond to this in 100 words? Environmental change can impact a firm in a rapid or sudden manner, while firms that are doing well will take the necessary steps to capitalize on new ways to limit the effects that has been impactful resulting in change. “Change can be brought about by factors such as the need to address increased competition, improve quality or service, reduce costs, or align the firm with the practices and expectation of its partners” (Parnel1, 2017, p. 260). The environment that we live is being impacted by how we sustain our lives. Changing strategies within environmental changes can be a complex process and is important to understand how strategic changes may affect consumers and employees while strategic changes that may not be warranted by the benefits. For example, renewable resources are replaceable energy resources which can be used for survival. “Energy is the lifeblood of the global economy” (Blanks, 2004). The sources of energy on our planet…You're the type of person who is always terrified of failure, avoids contentious circumstances, and is afraid of losing your job, putting your ethical beliefs on the line. The circumstances listed below will put your ethical standards to the test. What would you do in these situations? Keep in mind that you must be honest and provide outstanding explanations. Situation 1: Protecting a friend who’s drinking is causing problems in the company Situation 2: take credit to the work done by the others. Situation 3: Company engaging in false marketing.Please explain right as well as wrong options (1) when rubberstamp productions, previously a small-time production house, grew in size, the first thing its cheif executive officer (CEO) did was establish a set og guildlines that detailed all priciples, standards, and procedures to be followed in the conpany's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protection of the environment to maintenance of financial records. this scenario illustrates that the CEO developed a a.) code of ethics b.) cognitive map c.) database of employee records b.) performance appraisal document (2) Rose found strong evidence that her supervisor was stealing confidential documents from the company. she immediately reported her manager's actions to the top management. Rose's action is an example of: a.) whistle-blowing b.) brainstorming c.) property deviance d.) personal aggression
- 1. Crane and Matten define ethical theories as “the______ and principles that determine right and wrong for a given situation. 2. De George (1999) suggests two extremes in locating a place for ethical theory. What are these two extremes? a) Normative / instrumental. b) Moral / immoral. c) Absolutism/relativism. d) Religious / non-religious. 3. Consequentialist ethical perspectives base their moral judgment on the motivations and/or principles of the actors. a) True b) False 4. Match the major normative theories of business ethics with the rules they employ. a) Egoism = Self-interest b) Utilitarianism = Act or rule utility c) Ethics of duties = Categorical imperative d) Rights and justice = Respect for human beings 5. What, according to Theory, are the main problems with utilitarianism? Please select all that apply. a) Distribution of utility b) Subjectivity c) Limited social acceptability d)…1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: How do you increase the interaction and interest of your audience during your time communicate the business idea?1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: a. How do you communicate these business ideas creatively and innovatively to potential investors. Use the core…
- Krispy Kreme Doughnuts, Inc., 2015 www.krispykreme.com, KKd Copyright by Fred David Books LLC. www.strategyclub.com (Written by Forest R. David). Based on the given case above, you are required: 1. Propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2) products and/or services; (3) markets; (4) technology; (5) survival, growth, and profitability; (6) philosophy; (7) self-concept; (8) public image; and (9) employees. (10) Component Legend is provided 2. Quality of the writing of the proposed mission statement.a) What does stakeholder mean? Who are the stakeholders of a business? b) Just think about the relationship between these concepts: business ethics, sustainability and stakeholders. (While thinking, please do not neglect what sustainability means.)In relation to Corporate Governance, select the most accurate statement: Corporate Governance refers to... Select one: 1.the need for companies to be managed in a way that is transparent, and ensure accountability for wrongdoings 2.All of the above 3.the need to shift the focus of corporate behaviour, from being purely focused on protecting the interests of company shareholders, to ensuring protective measures are taken to benefit all stakeholders of the company 4.None of the above 5.the way companies are directed and managed to ensure that companies are controlled in a manner that most efficiently protects and promotes the interests of their participants
- 1. Identify four occupations, other than auto salesperson and travel agent, that you believe are exposed to the risk of disintermediation posed by firms moving activities to the web. Describe what specific activities might be moved to the Web that would cause this risk to appear. For each occupation, explain whether the employees would be able to find jobs in the new business activity and explain what those jobs would be.2. Companies that sell luxury goods such as Channel, Lily, Pulitzer, and Vera Wang were reluctant to offer their products for sale on their web sites for many years. These businesses preferred to use their web sites to display information about their products only and to sell their products through exclusive retail stores. Summarize the reasons these luxury goods producers might have been hesitant to sell online and speculate why they might have changed their thinking.3. Select a retail store which you are familiar that has a Web site on which it sell products or…This question will be reviewing the ethics, corporate social responsibility and sustainability of google: i. Review the CSR and Sustainability policies of the business. Using relevant models and concepts, like AB Carroll’s, examine the level of ethics and CSR displayed by this company. (Make sure you look for news stories about this business and the CEO). ii. Does the business live up to their vision and values? iii. Do you consider this company as “ethical”? To what extent? Justify your answer. iv. What recommendations can you offer to improve the reputation and image of this organisation? If you believe this company is in fact ethical, analyse and explain the impact its values have. What can other businesses learn from this company?RESOLVING ETHICAL BUSINESS CHALLANGES : QUESTIONS • EXERCISES1. Identify the ethical and legal issues ofwhich Albert needs to be aware.2. Discuss the advantages anddisadvantages of each decision thatAlbert could make and has made.3. Identify the pressures that havebrought about these issues.