This one is basic questions it does not deal with wells fargo but next assignment does and I will post that on next assignment as well.
Assignment 1: Ethical Dilemma
Assume you are a manager of a large heavy equipment manufacturing company. Your company currently outsources the manufacturing of a specialized piece of equipment to a firm in another country. The outsourcing of this piece of equipment has saved your organization a considerable amount of money and has increased profits by 15%. A recent newspaper article has revealed that this firm is paying their employees only a few dollars a day and their employees often work long hours. While you are not the only company that uses this firm your company was specifically named in the newspaper article. You have been asked by your CEO to make a decision on whether or not to continue to do business with this firm.
Post your answers to the following questions in paragraph form (minimum of 500-600 words) to this Discussion Area. Be sure to incorporate your weekly readings, citing your sources using proper APA (including in-text citations and references).
In making this decision you will need to do the following:
- Discuss the ethics of continuing to do business with this firm. In this discussion evaluate the economic, legal and ethical issues. Describe how a written code of ethics might impact your decision.
- Describe any other factors you would consider in making a decision to continue or discontinue doing business with this organization.
- State the process you would follow to make your decision, provide your decision, and explain the decision making style you have used.
- Prepare A SWOT analysis of your decision using the following table:
|
Strengths |
Weaknesses |
|
Opportunities |
Threats |
here is a breakdown for the questions
Notice, there are several parts to each question:
- Discuss the ethics of continuing to do business with this firm. In this discussion evaluate the
A) Economic,
B) Legal and
C) Ethical issues.
D) Describe how a written code of ethics might impact your decision.
- Describe any other factors you would consider in making a decision to continue or discontinue doing business with this organization. (Chapter 9)
- A) State the process you would follow to make your decision,
B) Provide your decision, and
C) Explain the decision making style you have used
FYI
Programmed and nonprogrammed are types of decisions. Although you can apply one of these to your approach, it is NOT what the question is asking)
>> The styles the question is referring to are: directive, analytical, conceptual, and behavioral. (Chapter 9, starting on page 286)
COMBINED WITH
The approaches of decision making are: utilitarian approach, individualism approach, moral-rights approach, justice approach, and practical approach. (Chapter Five, starting on page 145.)
- Include A SWOT analysis of your decision using the following table (it is to be included within the context of your paper – in the appropriate area with correct APA citation):
|
Strengths |
Weaknesses |
|
Opportunities |
Threats |
Don’t forget to:
· Support your views and statements using the text, course readings, and/or scholarly sources. Make sure you properly cite any in-text citations and references according to APA guidelines in your posts, responses, and/or answers.
· Include your course readings, in addition to your textbook.
· Organize your answers so that the reader knows you answered everything (headings are a great way to do this). I realize this is a discussion board; but, it should still be written in an academic tone. I also understand this question is asking how you would approach the situation; however, please try to avoid being repetitive in your writing and overusing the word “I” (the organization/structure/mechanics of a sentence). More importantly, avoid conversational phrases/opinions – statements need to be supported.
>>> Check under the announcements for help on how to write in an academic style <<<
—————-
Possible Headings (APA requires headings; therefore, I do too!)
The Ethics of Continuing Business
Economic Issues
Legal Issues
Ethical Issues
Impact of a Written Code of Ethics
Additional Factors
Decision Process
Decision and Decision Making Style
SWOT Analysis
0 comments