Assignment - 10% Case Study Business often behaves in an irresponsible manner often referred to as corporate scandals. A scandal is an occurrence of a public crisis involving some real or apparent wrongdoing that becomes subject to publicity and public scrutiny. The type and magnitude of scandals vary and can involve the illicit behavior of an individual manager or corporate large-scale corporate conduct. Sometimes a scandal involves the inappropriate activities of an entire industry and, for some, business generally is considered to be involved in scandalous behavior, for example, earning excessive profits or overly generous executive compensation. The influence of scandals varies. They often bring problems to light which results in changes in corporate practices. They may result in government actions leading to increased regulation. Media play a major role in disclosing and analyzing scandals which may give the impression in the society that irresponsible behavior is more common than it really is. Nevertheless, business irresponsible behavior seen to occur on a regular basis and should have some lessons or insights for business management, owners, governments, or other stakeholders that would reduce the frequency of occurrence. Maybe by studying irresponsible behavior business corporations, executives, and students can concentrate their mind on ethical behavior in the business setting. Something can be learned from past business scandals and it is important to understand why business irresponsibility occurs. Instruction: In no less than 500 words, briefly describe a company that has undergone a scandalous incident and then respond to the applicable questions. 1. What stakeholders influenced and/or were influenced by the incident? 4marks 2. What were the ethical issues involved? (An ethical issue is a situation in which an individual or corporation must reflect upon competing moral standards and/or stakeholder claims in determining the morally appropriate decision or action.) 10 marks 3. What ethical approaches could have been applied? 15 marks 4. Why did managers make the morally inappropriate decision? 6 marks 5. What motivated them to make the decision? 4 marks 6. What were the consequences for all stakeholders? 4 marks 7. Were actions taken to prevent such irresponsibility from reoccurring? 10 marks

*Introduction Overview of the company and its scandalous incident

*Analysis Should demonstrate knowledge and application in your responses to case study questions. Sources are used to further explain your understanding of the case.

*Grammar Your content contains a maximum of three grammatical, citation, and punctuation errors. The ideas are concise and presented in a logical manner that is easy to read and follow.

*Format Your paper is properly formatted (paragraph, style, margin etc.) using APA manual, 6th edition. The content is typed in MS word labeled with the students name, title,

*Reference At least 4 sources that are properly cited in accordance with APA, 7th edition Manual

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