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business
business ethics
Business Ethics And Values 4th Edition Colin Fisher, Alan Lovell, Néstor Valero-Silva - Solutions
If corporations are corporate citizens to what extent should their rights and duties as citizens match those of individual citizens?
To what degree is it right and practical for the expectations of stakeholders to be taken into account by boards of directors?
How fair is ‘Fairtrade’?
Of what value, and to whom, is most of the CSR that emerges from multinational corporations?
Discuss the development of corporate social responsibility (CSR) and, in more recent times, the business world’s allegiance to the notion of corporate responsibility.
Critically evaluate the counter-arguments to CSR.
Critically assess the appropriateness of following a shareholder or a stakeholder approach to the management of organisations.
Discuss the challenges and opportunities that notions such as fair trade; greenwashing;ethical consumerism; and diversity and equality bring to CSR.
Critically assess the emergence of CSR reporting.
Find the CSR reports (or CSR webpages) of two of your favourite companies, and of their main competitor. Contrast their CSR policies and other CSR credentials.What do these reports say to you as: (1) a current and prospective shareholder; (2) an employee; (3) a graduate in search for a job; (4) a
Groups such as the U’wa, whose land includes oil reserves, are known as host communities. Critically explore this real-life case study using shareholder and stakeholder approaches. What strategic approach would a company take towards the U’wa as a host community if it adopted a shareholder or a
Taking the criticisms raised by Friedman, try to develop arguments that challenge his claims. It is important that you think through the arguments Friedman is making, so take your time.
Can we consider the instrumental association with charity or philanthropy ethical? What is wrong with this approach if the donations benefit people in need, or the environment? Isn’t this a classical win-win situation? How much discretion should a company executive have when allocating funds to
Is it fair, sensible and/or ethical to ask, let alone expect, business organisations(or company executives) to take on the role of correcting the world’s ills? How can organisations, established to fulfil a highly specific economic role, adopt the responsibility for enacting or at least
The next time you are in a group – in a seminar room, pub or other social gathering – try to establish how many people voted at the last general election, and if you think the conversation will stand the enquiry, how many people voted at the last local election when it was held independently of
In the context of global warming, debate the appropriateness of the price mechanism as the primary democratic tool of resource allocation.
Critically evaluate Heidegger’s notion of the ‘enframing of technology’ in terms of its contribution to debates concerning global economic growth rate forecasts.
Discuss the motion that ‘consumer social responsibility is as important as corporate social responsibility’.
How effective are market mechanisms such as carbon trading in contributing to sustainability goals?
Critically evaluate the possibility of sustainability in the current capitalist (consumerist)economy.
Critically assess the relationship between Corporate Social Responsibility and Sustainability.
Discuss the relationship between institutions (such as the UN), corporations, governments and individuals, regarding sustainability issues.
Participate in debates concerning various initiatives regarding sustainability.
Debate the ‘enframing of technology’ mindset that represents one of the major obstacles to moving towards more sustainable activities, practices and processes.
Who should be the main beneficiary of the profits from the selling of the new product?Should a patent be created? If so, what is to be patented, the plant ingredient, the gel? Who should be the owner of the patent?
Why is it important to consider who designed the ‘royalties model’, and how it will be administered and managed in the future?
Who decides how the royalties will be used?
Has the researcher profited from the free care given by the tribe when she was in pain? Would this be ethical?
Is it ethical for students and professional researchers to travel to developing countries to extract knowledge developed by indigenous tribes, then profit from this knowledge?
How should the relationship between pharmaceuticals and indigenous populations be regulated?By whom? What criteria should a ‘good practice’ framework contain?
Is knowledge treated and protected differently when produced by a company/university in a developed country than when an indigenous tribe produces it? Is this ethical?
Is this a new form of colonialism and exploitation?
Compare and contrast 10 approaches to ethical thinking.
Describe the implications of different ethical theories for businesses, organisations and management.
Apply the theories to ethical issues in business, organisation and management.
Can you develop a categorical imperative that would be appropriate for this case?
Would prima facie obligations be more helpful? If so, what would they be?
Are there any personal characteristics that so far have not been mentioned that you would regard as virtues and that might contribute to addressing the issues raised in the case?
How relevant to business and management is a Kantian approach to ethics?
Discuss the use of child labour in factories in developing countries from two different ethical perspectives (you might choose between virtue ethics, Kantian ethics, Rawls’theory of justice or utilitarianism).
It is sometimes argued that a major flaw of utilitarianism is that it is only concerned with maximising the total amount of good and is not concerned with the distribution of that good between people and groups. Is this true?
How might an organisation implement the practices implied by discourse ethics?
Define values and distinguish them from attitudes and beliefs.
Explain the idea that a set of values may be fragmented or integrated.
Explain how traditionalists, modernists, neo-traditionalists, postmodernists and pragmatists may have different perspectives on their values; and consider which position might explain their own stance.
Understand how values, acting as heuristics, affect decision making and judgement about what is ethical.
The fable implies that managers’ responses to value issues at work may change as their careers progress. In this fable can you detect the periods when Chris’s approach was:(a) traditional,(b) modernist,(c) neo-traditional,(d) postmodern, and(e) pragmatic?
Compare the traditional view of values, as exemplified, for example, by the work of Rokeach, with the view that values emerge from a process of sense making. Which view might be more helpful in understanding the role of values in management?
How might people with different sensibilities (traditional, modern, neo-traditional, postmodern and pragmatist) understand the nature and role of values in organisations?
What criticisms can be made of a postmodern view of organisations and management?Are they justified?
‘The commonly accepted idea that management should define and publish a set of organisational core values may create as many problems as it resolves.’ Discuss vigorously.
Compare rational and heuristic models of decision making (that is to say contrast system 1 – thinking fast, with system 2 – thinking slow, as Kahneman (2011) terms them]. How might the heuristic model be applicable to decision making on ethical matters?
Loyalty or integrity: which should be the most important to organisational employees?
Analyse a resource allocation decision that has been taken in an organisation by reference to the six resource allocation heuristics.
What role do emotions and value play in an individual’s decision making on ethical matters?
Is there an effective ‘business case’ for corporations acting in a socially, ethically and environmentally responsible way?
Compare and contrast the four approaches to the involvement of stakeholders’ business decision making (classical-liberal, pluralistic, corporatist and critical) outlined in this chapter.
How should a company decide which interest groups should be treated as stakeholders and which should not?
What can we learn about business ethics issues at work by studying the stories in which they are reported?
Identify the good, tragic, comic, satirical and farcical elements in the way in which people and organisations deal with matters of ethics and morality.
Explain the basic features of stakeholder theory.
Evaluate the business case for business ethics and the validity of its claims.
Give an account of the various arguments about the moral status of business, organisations and management.
Describe the range of ethical and moral issues that arise in management, business and organisations.
Distinguish between ethical, moral and legal wrongdoing and assess the importance of a particular misdeed.
Analyse the complex consequences and motives that typically attend ethical and moral issues in management, business and organisations.
Does the use of the fund as a means of meeting the society’s own purpose, of remaining a mutual institution, detract from the worth of its activities?
Was British Sugar right to forgo the efficiency and cost benefits that could have been gained from a seven-day working week?
Did the banking sector generally, and the banks in particular, have a responsibility for this unregulated savings industry? Should they have paid more into the Farepak compensation fund? Does the fact that Farepak’s customers were often from the poorest groups of society make a difference?
What are the arguments for saying that knowledge that is medically beneficial to humanity should not be private property?
What action do you think companies should take when they find their suppliers use child labour contrary to their company policy? Why do you think Gap destroyed the garments made by the unofficial subcontractor?
Was David Shayler’s whistleblowing justified?
Were the British authorities acting in a socially responsible way in choosing the offence David Shayler was charged with?
Why do you think the training partner acted altruistically when, by not supporting the trainees, he might have better met the (selfish) needs of the firm?
Are chief executives inclined to selfishness? If they are, is that a problem?
Is the high pay of top ranking professional footballers more morally acceptable than that of CEOs and bankers? If so, why?
Does it matter if the gap between top incomes and average incomes widens if everyone is earning more?
Do the oil companies have a moral obligation to maintain fuel supplies in a country?
Should the decision whether or not to provide these drugs to MS sufferers be based solely on clinical grounds or should cost-effectiveness criteria also be considered? What influence should powerful lobby groups have on such decisions?
It is probably impossible for those without detailed knowledge to come to a definitive view on the Dizaei case; but it does raise a range of interesting issues.
Does an individual case, such as that of Ali Dizaei, suggest that an organisation is institutionally racist despite its policies and principles?
To what extent do formal process of discipline and grievance exacerbate rather than solve problems of discrimination?
What is a fair balance between interests of the owners of a company that provides a public utility and the interests of the customers? Was Railtrack right in its approach? Will the structure of Network Rail, which has no shareholders, redress the balance?
In your opinion did Shell lie?
If you believe it did what were the factors and influences that may have caused it to lie?
Is this a good news story because the regulatory agencies punished Shell?
Why did Shell’s shareholders get so vexed about the corporate governance issues?
What changes in corporate governance, if any, might be necessary?
Is it better to retreat and live to fight another day or to take a stand on a matter one sees as an injustice?
Can a white lie be acceptable to protect one’s privacy?
In what circumstances might it be right not to tell the whole truth?
Neo-institutionalism is a theory which argues that societies have templates of formal and informal rules, values and acceptable ways of behaving; and that organisations in those societies fit in with, and organise themselves to fit in with, those institutional templates. The technical name for this
Can a greedy person be a good visionary and corporate leader?
What ethical problems might flow from dual-voting structures and ‘super shares’?
Conrad Black was the effective owner of Hollinger International; could he not do as he wished with his property?
What rights, if any, did or should the minority shareholders have in such companies?
Have you ever manipulated your expenses or used organisational resources for personal benefits?
Should companies accept being placed at a competitive disadvantage by following the spirit as well as the letter of the law?
Was the general practice (rather than the particular practice of Dr van Velzen)of retaining organs without proper consent a case of actions being ethical but illegal?
Is corporate bullying as common as personal bullying? Is it more or less of an ethical wrong than personal bullying?
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