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, products/services, 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 Statements/Plans for Stakeholders:
For each stakeholder identified, develop an ethical statement or plan. Include at least two to three ethical points/bullet 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 real-world 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.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!