Which of the types of power that stakeholders can use have you effectively used in a conflict or disagreement over a complex issue? Briefly explain the outcome and evaluate your use(s) of power.
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Which of the types of power that stakeholders can use have you effectively used in a conflict or disagreement over a complex issue? Briefly explain the outcome and evaluate your use(s) of power.
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- Read the parts of your textbook that discusses the issue of stakeholders, and fairness to all stakeholders. Two concepts come to mind: fairness and justice.1. Discuss the difference between “fairness” and “justice”? Should stakeholders be treated “fairly” or “justly”? Discuss.2. Research Milton Friedman’s view of corporate social responsibility. Should corporations adopt an “integrity-based ethics” or “compliance-based ethics” when dealing with stakeholders? Discuss your response.Substantiate your all your comments and responses. Avoid the use of Wisegeek, NetMba, Wikipedia, excessive use of dictionaries and encyclopedias, and sources of that nature, which are not considered reputable sources, when substantiating your comments and responses.Stanwick, P. A., & Stanwick, S. D. (2014).Understanding business ethics(2nd ed.). Thousand Oaks, CA: Sage.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)…Richard L. Daft, Dorothy Marcic Understanding Management V2 10th Edition Question: The technique of stakeholder mapping lets managers classify which stakeholders they will consider more important and will invest more time to satisfy. Is it appropriate for management to define some stakeholders as more important than others? Should all stakeholders be considered equal?
- 1100-1200 words Critically assess the construct of “Ethical Decision Making”. How can we apply the concept in navigating “moral dilemmas” in sport?Read and understand the c-a-s-e scenario below Jerome, who oversees loss prevention at Westwind Electronics, inhaled deeply before he began arguing in favor of the modifications he was suggesting to the business' shoplifting policy. He was aware that persuading Michael would be challenging. Michael, the chain's president and CEO, is the son of the company's founder. It is still a family-run business with headquarters in Phoenix, Arizona. Along with the business, he also inherited his father's rigid moral code. Jerome said, "I think it's time to follow the example of other stores. He emphasized that the majority of other retailers didn't bother reporting shoplifters to the police or filing charges unless they had taken items worth more than $50 to $100. Michael's father had established a zero-tolerance policy against stealing when he launched the company, but Westwind still adhered to it now. Jerom wished to change that policy with one that only prosecuted people who were between the…Read and understand the c-a-s-e scenario below Jerome, who oversees loss prevention at Westwind Electronics, inhaled deeply before he began arguing in favor of the modifications he was suggesting to the business' shoplifting policy. He was aware that persuading Michael would be challenging. Michael, the chain's president and CEO, is the son of the company's founder. It is still a family-run business with headquarters in Phoenix, Arizona. Along with the business, he also inherited his father's rigid moral code. Jerome said, "I think it's time to follow the example of other stores. He emphasized that the majority of other retailers didn't bother reporting shoplifters to the police or filing charges unless they had taken items worth more than $50 to $100. Michael's father had established a zero-tolerance policy against stealing when he launched the company, but Westwind still adhered to it now. Jerom wished to change that policy with one that only prosecuted people who were between the…
- Read and understand the c-a-s-e scenario below Jerome, who oversees loss prevention at Westwind Electronics, inhaled deeply before he began arguing in favor of the modifications he was suggesting to the business' shoplifting policy. He was aware that persuading Michael would be challenging. Michael, the chain's president and CEO, is the son of the company's founder. It is still a family-run business with headquarters in Phoenix, Arizona. Along with the business, he also inherited his father's rigid moral code. Jerome said, "I think it's time to follow the example of other stores. He emphasized that the majority of other retailers didn't bother reporting shoplifters to the police or filing charges unless they had taken items worth more than $50 to $100. Michael's father had established a zero-tolerance policy against stealing when he launched the company, but Westwind still adhered to it now. Jerom wished to change that policy with one that only prosecuted people who were between the…1:- A situation that involves a choice between right action versus wrong action is called: Option- a. A moral temptation b. A conundrum c. A value judgement d. An ethical dilemma 2:-Morality that is based on cultural beliefs and includes things such as laws and customs describes what type of morality? Option- a. Professional b. Societal c. Personal d. VirtueINSTRUCTIONS Consider the situation at Hewlett-Packard from a multiple stakeholder perspective. Imagine you are an ethical leader in each instance…. A CEO faced with leaks regarding your strategic vision. Briefly discuss four approaches your group would take to determine who was sharing the information. Describe an advantage and a disadvantage of one of your proposed approaches. How would you rebuild trust and enable good employee communication? A shareholder with HP stock. What would you want to see done to protect your investment in the company? An investigator hired by HP. What role do you have in upholding ethical standards? A board member who was spied upon. What would your reaction be to learning that you were investigated? Justify your response. As several observers have noted, HP spent a lot of time establishing whether or not their activities were technically legal but little time considering whether or not their actions were ethical. Briefly explain whether your group…
- Read the article below and make a reaction based on the lessons learned. Recent corporate scandals have heightened firm sensitivity to potentialethical breaches among senior executives. Through developing and communicatingwhistleblower policies, firms often hope to surface potential ethical lapses toquickly exhibit those involved. However, Renault recently learned that notevery allegation is true, and that often it is better to presume innocenceuntil guilt has been proven. In August of 2010 anonymous letter was sent to anumber of senior managers alleging that three leaders of Renaults Electric VehicleProgram had negotiated a bribe. An internal investigation revealed that thethree men held accounts in Switzerland and Liechtenstein, and it was believedthat these accounts were used to funnel bribes to them. Thus, the executiveswere fired in January 2011 with CEO Carlos Ghosn suggesting that the companyhad evidence that these individuals were passing along the…How would a stakeholder approach, if taken by the companys top leaders and board of directors, have possibly prevented the crisis?Examine and apply one ethical decision-making framework to this case using relevant company examples. What do you conclude that John should do? What is the rationale of your choice