Question: Assignment: Unethical Business Decision - Making Objective: To explore and analyze unethical business practices and their impacts, using case studies of Enron, Bernie Madoff, Lance
Assignment: Unethical Business DecisionMaking
Objective: To explore and analyze unethical business practices and their impacts, using case studies of Enron, Bernie Madoff, Lance Armstrong, and the HP spying scandal.
Questions:
Case Analysis: Choose one case from the following Enron, Bernie Madoff's Ponzi scheme, Lance Armstrong's doping scandal, or the HP spying scandal. Provide a detailed analysis of the unethical decisions made by the key players in your chosen case. Discuss the rationale behind these decisions and how they reflect a failure in ethical judgment.
Impact Assessment: Evaluate the shortterm and longterm impacts of these unethical decisions on various stakeholders, including employees, shareholders, customers, and the public image of the organization. How did these decisions affect the financial and ethical climate of the company and its external environment?
Lessons for Future Managers: As future managers, discuss what lessons can be learned from the case you analyzed. How can these lessons be applied to prevent similar unethical behavior in other organizations? Propose strategies or policies that could be implemented at the managerial level to cultivate ethical decisionmaking and accountability.
Submission Requirements:
A comprehensive written report addressing all three questions.
Citations of all sources used in your research.
Assessment Criteria:
Depth and clarity of analysis.
Understanding of the ethical implications.
Quality and feasibility of proposed strategies.
Note: Collaboration and diverse perspectives are encouraged. However, ensure that all members contribute equally to the project.
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