I need new answer please

This assignment covers week 5 and week 6 content.

Qs 1

An ethical issue arises when large retailers such as Walmart or Canadian Tire enter smaller communities and compete against local, small businesses. (10)

Make a stakeholder mapping matrix for these large retailers by using the short forms for each of the stakeholders listed below. Refer to the figure of the matrix in class notes. You can resize as per your convenience.

Consider the following stakeholder groups:

Stakeholders:

• Existing competitors (EC), including small businesses
• Municipal government (MG), mostly likely supporter; considers development desirable
• Consumers (CO), most likely supporter as prices lower and selection increases
• Chamber of Commerce (CC), supporter but some members may oppose
• Residents (RE) in area of the development
• NGOs (NG), especially environmental ones, would oppose
• Possible employees (PO) in development view as opportunity
• Employees (EE) of existing retailers
• Media (ME) would outline both positions

Qs 2. Here are some mega issues confronting the business and society.

Some Mega-Issues that are Confronting Business and Society

Issues are identified at the corporate level, but there are some mega-issues that are confronting business and society today. All of these have implications for business to some degree.

• Affordable products for low income persons (developing countries and at home)
• AIDS and other threats to workers' health
• Corruption
• Climate change
• Demand for "ethical" products
• Demand of healthier and safer products
• Erosion of trust in institutions

List at least 5 more issues and explain why they should be considered as issues. Also state what can happen if they are not managed properly. (10)

Answer: