Factoring Stakeholders In Ethical Business Decisions Research Paper

At the end of Ch. 8 of your textbook (starting on p. 270 in the loose-leaf version) you will find Short Incidents for Ethical Reasoning. Read “AL” and “THE HONDA AUCTION.” For each incident, you must identify the pertinent facts, the ethical issue(s), all relevant stakeholders and determine how they could be impacted by the decision that will be made, identify and apply at least one principle for ethical reasoning, and then consider alternative courses of action and choose the best course of action based on stakeholder impacts and the outcome of the application of the ethical principle. You can use A Framework for Ethical Decision Making or the Eight Steps to Ethical Decision Making (found in the CSR & Ethics Module) as a guide.

Your textbook defines stakeholders as an entity that is benefitted or burdened by the actions of a corporation or whose actions may benefit or burden the corporation. Some common examples of stakeholders would include customers, employees, suppliers, stockholders, and the community.

Businesses will almost always have multiple stakeholders, and many times their interests will conflict. This means that a business decision-maker will frequently have to make a decision in the face of competing claims from different stakeholders. The question of whose interests should be prioritized requires the exercise of judgment. This skill—examining competing claims and deciding which one is the strongest—is called evaluation. You will want to consider the power, urgency, and legitimacy that each stakeholder presents.

You should put yourselves in each stakeholder’s position—Why do they care about the outcome of the decision? How will they be affected? What outcome would they prefer? What are their arguments in support of their preferred outcome? You will want to consider the power, urgency, and legitimacy that each stakeholder presents. Two of the videos below will give you a brief review of stakeholder theory and give you an idea of what skills you will be expected to demonstrate when you complete this assignment. Additionally, writing mechanics and grammar are graded as part of this assignment. Viewing statistics will be collected and counted as part of the assignment’s grade.

Before submitting the assignment, review the rubric attached to the assignment to ensure you have included everything in your paper that needs to be included. Your submission must be in a Word document or PDF, typed in size 12 Times New Roman font and double-spaced. Your submission must not exceed 10 pages.


Videos:

https://sorrell.mediasite.com/mediasite/Play/eb175…

https://sorrell.mediasite.com/mediasite/Play/9fd4b…

As a reminder, for each incident, be sure to identify all relevant stakeholders and determine how they could be impacted by the decision that will be made, identify and apply at least one principle for ethical reasoning, and then consider alternative courses of action and choose the best course of action based on stakeholder impacts and the outcome of the application of the ethical principle.

By submitting my responses to this Assignment, I hereby certify and affirm that I have not received any aid of any type from any of my classmates or students taking this course in other sections.

    Rubric

    STAKEHOLDER IDENTIFICATION RUBRIC

    STAKEHOLDER IDENTIFICATION RUBRIC

    Criteria Ratings Pts

    This criterion is linked to a Learning Outcome(1) Identifies Pertinent Facts

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(1) Identifies Ethical Issue(s)

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(1) Identifies Stakeholders

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(1) Identifies Stakeholder Impacts

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(1) Identifies at least 1 Prescriptive Principle of Ethical Conduct

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(1) Applies the Chosen Principle of Ethical Conduct

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(1) Considers Alternative Courses of Action

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(1) Chooses a Course of Action

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Identifies Pertinent Facts

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Identifies Ethical Issue(s)

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Identifies Stakeholders

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Identifies Stakeholder Impacts

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Identifies at least 1 Prescriptive Principle of Ethical Conduct

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Applies the Chosen Principle of Ethical Conduct

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Considers Alternative Courses of Action

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning Outcome(2) Chooses a Course of Action

    5.0 pts

    Exceeds Expectations

    3.0 pts

    Meets Expectations

    0.0 pts

    Below Expectations

    5.0 pts

    This criterion is linked to a Learning OutcomeViewed Videos

    5.0 pts

    Exceeds Expectations

    Viewed all videos

    3.0 pts

    Meets Expectations

    Only viewed some, but not all, of the videos

    0.0 pts

    Below Expectations

    Did not view any of the videos

    5.0 pts

    This criterion is linked to a Learning OutcomePaper Format

    5.0 pts

    Exceeds Expectations

    double-spaced, 1 in margins, size 12 Times New Roman Font

    3.0 pts

    Meets Expectations

    One or more of the following not present: double-spaced, 1 in margins, size 12 Times New Roman font

    0.0 pts

    Below Expectations

    Paper is not double-spaced, does not have 1 in margins, and does not use size 12 Times New Roman font

    5.0 pts

    This criterion is linked to a Learning OutcomeGrammar (sentence structure)

    5.0 pts

    Exceeds Expectations

    0-1 grammatical erros

    3.0 pts

    Meets Expectations

    2-3 grammatical errors

    0.0 pts

    Below Expectations

    4 or more grammatical errors

    5.0 pts

    This criterion is linked to a Learning OutcomeWriting Mechanics (capitalization, punctuation, spelling)

    5.0 pts

    Exceeds Expectations

    0-1 mechanical errors

    3.0 pts

    Meets Expectations

    2-3 mechanical errors

    0.0 pts

    Below Expectations

    4 or more mechanical errors

    5.0 pts

    Total Points: 100.0

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