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BUSN 6011 Ethics And Corporate Social Responsibility

tag 0 Download 12 Pages / 2,820 Words tag 21-07-2021

Question:

Examine the Youi case and identify two social implications and two ethical implications of their Fair trading act breach in New Zealand. Comment on the leadership influence that might have influenced this ethical breach with the organisation’s staff.

  • Response may vary but may encompass the following:
  • Social implications -Influences on practices of other business organisations or influences on consumer trust on the services.
  • Ethical implications – Practices may be justified or unjustified using different schools of thoughts of ethics.
  • Comment on the leadership influence may encompass impact of remuneration structure.  
  • Social implications- Risk of similar unethical practices by other insurance providers or Risk of losing faith on insurance services by the wider society in New Zealand.
  • Ethical implications- Cultural relativism approach or Friedman doctrine may justify the behaviour demonstrated by the staff. Or Rights theory may question the behaviour.
  • Identification of target driven remuneration structure in the comment of leadership behaviour for unethical staff conducts.

Youi Insurance operates in Australia and South Africa in addition to New Zealand. Comment on how this case in New Zealand may influence their business operations in other two countries. Comment on the benefits and shortcomings of a globalised operation like Youi. How should a multinational organisation like Youi position itself in order to safeguard itself in a scenario like in the case?

  • Interlinked global brand presence and cumulative effect on overall brand may be identified. But responses may also include cultural influence on acceptance of practices thus having different impacts in different countries. Recommendations should be practical and justified with benefits for the organisations.   
  • Unified brand liability is identified.
  • Need for localised branding is recommended.

Conduct a thorough research on the Principles of Treaty of Waitangi. Recommend Youi management three strategies that may help them structure their Corporate Social Responsibility (CSR) strategy in line with the treaty principles.

  • Discussion should encompass five treaty principles.
  • Recommended strategies may vary but should relate with any three of the above mentioned principles in relation to CSR.
  • All five principles are discussed in depth with evidences of research through cited scholarly articles:
  1. The Kawanatanga Principle – The Principle of Government,
  2. The Rangatiratanga Principle – The Principle of Self Management,
  3. The Principle of Equality,
  4. The Principle of Cooperation,
  5. The Principle of Redress
Recommended strategies may vary but may include any 3 of the following:
  1. Just governance- Helping local Maori iwis
  2. Self management- Governance education for Maori
  3. Equality- Ensuring same treatment to all staff and stakeholders
  4. Cooperation- Using partnership with iwis to develop insurance services
  5. Redress- creating opportunities to appeal against decisions.

Report is presented in a professional standard and the oral presentation reflects extensive presentation skills.

  • Report achieves high level of professional formatting and adequate referencing in current APA format.
  • High level of formatting and report structure.
  • Appropriate use of references and referencing style.
  • Application of theories in justification of answers.
  • Ability to comprehend difference in implication of various theories in different context.
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Total 12 pages

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My Assignment Help. (2021). BUSN 6011 Ethics And Corporate Social Responsibility. Retrieved from https://myassignmenthelp.com/free-samples/busn6011-ethics-and-corporate-social-responsibility/controversial-practices-of-selling.html.

My Assignment Help (2021) BUSN 6011 Ethics And Corporate Social Responsibility [Online]. Available from: https://myassignmenthelp.com/free-samples/busn6011-ethics-and-corporate-social-responsibility/controversial-practices-of-selling.html
[Accessed 31 January 2023].

My Assignment Help. 'BUSN 6011 Ethics And Corporate Social Responsibility' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/busn6011-ethics-and-corporate-social-responsibility/controversial-practices-of-selling.html> accessed 31 January 2023.

My Assignment Help. BUSN 6011 Ethics And Corporate Social Responsibility [Internet]. My Assignment Help. 2021 [cited 31 January 2023]. Available from: https://myassignmenthelp.com/free-samples/busn6011-ethics-and-corporate-social-responsibility/controversial-practices-of-selling.html.


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