Chapter 3 of the Kinicki and Williams is concerned with corporate social responsibility and business ethics. As recently as twenty-five years ago, such topics received little attention in university-level business schools. However, this situation has changed dramatically since then. You probably know some of the names associated with several of the classic breeches in corporate ethical behavior. Bernie Ebbers and Worldcom. Ken Lay and Jeffrey Skilling and Enron. John Rigas and Aldelphia. Dennis Koslowski and Tyco. Bernie Madoff. Because of such major failures in corporate governance, corporate social responsibility and business ethics have emerged as major concerns that have worked their way into business school curricula. Society has demanded that business be conducted in an ethical manner. It has also said, while recognizing that companies must make a profit, they have a broader responsibility to society, in general. The hope is that you will become a more ethical decision maker as a result of studying ethical decision making while in college. That is why you will do this assignment.
The general topic of this week’s threaded discussion is “why is it important to review corporate social responsibility and business ethics as part of our study of the management process? Here’s what I want you to do this week:
- Read Chapter 3 of the Kinicki and Williams textbook as well as the related the power point presentation.
- I have listed below a number of links to videos concerned with some of the major scandals that contributed to the public’s rising concern for improved business ethics. Spend some time viewing these videos. You will need to refer to them when answering the discussion questions found below. After viewing the videos, doing the assigned readings, and researching the topics raised in the exercise, you should be ready for this week’s written assignment.
- Think about why business schools are spending so much time trying to teach you how to apply ethical principles to the management process. In order to stimulate your thinking about the topic, thoroughly address each of the following questions found below. When answering the questions keep in mind the research and APA requirements associated with the assignment. When presenting your answers, present the question and then provide the answer. Then, repeat that approach for all of the questions. All submissions will be reviewed by SafeAssign to check for plagiarism issues.
Dennis Kozlowski and the Tyco scandal: Tyco and Dennis Kozlowski
Kenneth Lay, Jeffrey Skilling and Enron: The Enron Case
Bernie Ebbers and Worldcom: Bernie Ebbers and Worldcom
Bernie Madoff’s billion dollar Ponzi scheme: Madoff’s ponzi scheme
1.Answer this question in terms of the Bernie Madoff video. Figure 3.1 and the related material in the Kinicki and Williams textbook is concerned with stakeholders and the General and Task environments of organizations. Using the Bernie Madoff case as an example, clearly identify the elements of the Task and General environment that were influenced by Madoff’s actions. Explain the selections that you made.
2.Explain how Bernie Ebbers’ behavior violated the textbook’s definition of ethics or ethical behavior. In other words, what did he do, and why was it wrong?
3.Focusing on the Tyco case, separately describe how each of the four approaches to deciding an ethical dilemma could be applied to this example.
a.According to the Utilitarian approach…
b.According to the Individual approach…
c.According to the Moral Rights approach…
d.According to the Justice approach…
4.Starting with the suggestions provided pp. 91-91 of the Kinicki and Williams book, propose a plan that Enron could have used to improve its ethical climate.
5. I prefer 2 – 3 pages double spaces.
I don’t require you have to do it very professional. Just complete it by easy way to understand.
Let me know if you need any more information.
Thanks you so much!