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TBUS300 Business Ethics

Question

Answered

Question:

Summary

“Ethics is just one of those things that corporations need to consider when making business decisions. Whilst there are many aspects to consider when analysing and understanding the intersection between what is legal and what is ethical or moral, an overriding consideration for any corporation must be the level of profits they are making and the impact they are having on key stakeholders. In the majority of cases these stakeholders are usually shareholders. They have expectations regarding governance and accountability. If these expectations are not met, then leadership has failed”

Consider the above quote and critically evaluate its key messages. Your critical analyses should include the following:

The role of ethics in the business decision-making processes

The relative positioning between what is legal and what is ethical in decision-making

The apparent conflict between making profit and acting ethically

The challenges of stakeholder requirements including who these stakeholders are and the impact they have on how corporations may act

How governance frameworks impact ethical decision making, and

How leadership success or failure may be determined in the context of ethical decision-making

You must provide a conclusion which outlines your views regarding the above quote and your arguments provided in the body of your report that support this conclusion.

Purpose:

To encourage students to develop an understanding of the complexity of business activity where principles of ethical behaviours are often challenged.

Description:

Students will be provided with a statement regarding business ethics. They will be expected to critically analyse the content of the statement by applying knowledge gained through relevant lectures and supported readings. The statement will be provided to students in Week 2.

TBUS300 Business Ethics

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BSB115 Business Report Task instructions

This assessment task requires you to identify, analyse and address a business issue outlined in your chosen organisational profile. You would start the report by identifying and introducing the business issue (i.e., the ‘what’ question and its implications for the business). This would i ...

View Answer
Q
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We aren't endorsed by this University

BO110: Office Procedures

Task: You are the administrative assistant at a local business. An elderly man, Mr. Beddinghaus, has a residence whose property adjoins the business property, and he has called to complain that trees on the business property are shedding leaves onto his lawn. He wants someone to rake the leaves so ...

View Answer
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We aren't endorsed by this University

MGT 3121 Service Operations Management

Question: Evaluate two to four (2-4) weaknesses that are evident in the selected organization’s product life cycle. Generate a new product design and product selection, and then determine three (3) strategies that the organization needs in order to strengthen the operation. Provide support fo ...

View Answer
Q
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We aren't endorsed by this University

UNCC300 Justice and Change in a Global World

The Turnitin application (a text-matching tool) will be used in this unit, in order to enable:• students to improve their academic writing by identifying possible areas of poor citation and referencing in their written work;• teaching staff to identify areas of possible plagiarism in stude ...

View Answer

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