Question: In this final project, you will be creating a fictional company from the ground up , considering the ethical implications in various aspects of business
In this final project, you will be creating a fictional company from the ground up considering the ethical implications in various aspects of business development.
Assignment Components:
Company Creation:
Give your company a name.
Provide a brief overview of the business, including its industry, productsservices and target market.
Identification of Stakeholders:
List and describe the stakeholders of your company. Consider internal and external parties that have an impact on or are affected by the company's operations.
Ethical StatementsPlans for Stakeholders:
For each stakeholder identified, develop an ethical statement or plan. Include at least two to three ethical pointsbullet points per stakeholder.
Ethical points should outline moral rules or responsibilities that guide the company's interactions with each stakeholder.
Research on Similar Businesses:
Identify at least two realworld businesses similar to the one you are creating. Discuss their business models, ethical considerations, and any lessons that can be applied to your fictional company.
Financial Planning:
Outline how you would obtain financing to start the business.
Discuss positive aspects of the business that could attract investors.
Explain how you would demonstrate integrity in financial planning.
Building a Team:
Identify key positions needed to run the business.
Develop a strategy for interviewing and selecting individuals to ensure a quality team.
Discuss any concerns or fears you might have in the hiring process and how you plan to address them.
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