toring Enabled: X + s://getproctorio.com/secured#lockdown Enabled: Exam 1 i Saved 5:15 Stakeholder Concerns Just as people have to work out the right and wrong ways to act, so do companies. When the law does not specify how companies should behave, their managers must decide the right or ethical way to behave toward their stakeholders-the people and groups its managers are of extreme importance. affected by their actions. Because stakeholders can directly benefit or be harmed by a company's actions, the ethics of a company and Who are a company's major stakeholders? What do they contribute to a company, and what do they claim in return? In this exercise, customers; and community, society, and the company's home nation-state. you have a chance to examine the claims of these stakeholders: stockholders; managers; employees; suppliers and distributors; Read the case and then complete the activity. As the founder and CEO of a medium-sized, publicly traded clothing manufacturing firm, Janet is facing one of the hardest decisions she has ever had to make. Due to a downturn in the economy, her company is losing money. She is being pressured to cut costs to increase profitability. In particular, she has been advised to shut down two plants-one in Des Moines, Iowa, and the other in Akron, Ohio-and shift production from those two plants to China. Labor is less expensive there, and materials cost less there as well. Even with the additional transportation costs from China to the company's regional sales centers, the reduced labor and materials costs would offer substantial savings for Janet's firm. The change should result in an increase in sales, as more garments will be available at a lower price. Although this seems to be the logical decision, Janet is worried about the ethical implications. There are many groups who will be affected by this decision; some will be harmed, and some will benefit. M here to search Based on the case, determine which of these groups will benefit by the proposed change and which of the groups will be harmed by it. Then drag the groups to the appropriate category. < Prev 5 of 50 Next > www.hp a 57F Sunny 4) octoring Enabled: X + tps://getproctorio.com/secured#lockdown Saved Would Cup Says I JUNIQES ME. My ChanIYE STIVALI TUJUIL INTUIT MORQAQ IT JUILI, UJ ITun yumnES WI who will be affected by this decision; some will be harmed, and some will benefit. a lower price. Although this seems to be the logical decision, Janet is worried about the ethical implications. There are mar ng Enabled: Exam 1 i 4:05:52 Based on the case, determine which of these groups will benefit by the proposed change and which of the groups will be harmed by it. Then drag the groups to the appropriate category. Akron and Des Moines Local Suppliers Groups That Will Benefit Groups That Will be Harmed Distributors Customers Employees Stockholders Reset Mc Graw Hill Type here to search O 5 % do < Prev 5 of 50 hpa hp * Next > 19 L 4M 144 5 ins prt