Using sources in the public domain, discuss the way in which a responsible business (as you understand this term) has managed a specific contemporar
Synoptic Reassessment
Using sources in the public domain, discuss the way in which a responsible business (as you understand this term) has managed a specific contemporary ethical issue, one that required the business to make a decision.
Assessment criteria
The essay will be marked holistically with attention paid to the following dimensions:
Understanding of the factors that contribute to an issue being understood in terms of ethics.
Critical evaluation of pertinent individual, institutional and environmental features
Coherent distinctions inform the identification of responsible business.
Use of reliable and relevant sources
Quality of argumentation.
Assignment structure
1 500-word count
Introduction
Go to public domain and find a company which had ethical issue. This must be ethical issue reported within last 10 years (not more than 10 years old). Please choose a company from public domain only which face a certain ETHICAL issue and they solve problem (time frame last 5-10 years, do not use older than that)
Introduce the company and details of what the ethical issue. This means what wrong this company did is issue in ethics.
Refer the article as base of finding the company and ethical issue.
Why was this understood to be an ethical issue? Explain entire ethical issue. Use ethical theories / framework to explain.
Explain using the framework (ethical theories)
2a 1000 words How have individual, institutional, and environmental factors (e.g. whistleblowing, corporate governance arrangements, public opinion) contributed to the issue?
Critical evaluation of pertinent INDIVIDUAL, INSTITUTIONAL AND ENVIRONMENTS (e.g. whistleblowing, corporate governance arrangements, public opinion), contributed to the issue? Explanations of WHY the factors that contributed to the ethical issue. (1000 words)
Write all on these 3 factors: -
2a) i) Individual some individual in the company reported this, i.e. whistleblowing.
2a) ii) Institutional i.e. company had reported issue (do not create on your own)
2a) iii) Environmental this is not natural environment. This refers to social environment i.e. suppliers, public, shareholders etc.
2b 1000 words 2b) Using a model or a theory, explain HOW the business responded to the ethical issue, being a responsible business. Write what does this company do in order to solve the issue. Do not create on your own. This must be reported in formal articles and provide reference to the article.
Model/Theories to be used: -
Responsible business model (if you can identify) You can use responsible business model. i.e what did the company did in triple layer Business Canvas model (triple layer BMC). You must take reference from the articles and co relate to triple later Business Canvas model. You must be able to explain what company did on economic part, social part.
or
SDG (mention which SDGs they used you must identify which SDGs they use as it wont be mentioned directly) (min 3 SDGs)
or
Corporate Governance
or
CSR
or
Virtue Ethics (to satisfy the criteria to use this, there must be mentioned a 1 person who made a decision use central themes such as character, integrity, community and flourishing) try not to choose this as this is most difficult.
3 350 words How does this businesss response compare with less responsible businesses in similar circumstances?
Compare no 2 above with another similar circumstance.
Go online again to another company (totally different company) which went to same ethical issue. It can be a total difference industry as long as same ethical issue.
It doesnt maters whether they have solved the ethical issue or not solved.
If not solved, then explain on they can use what company in 2a and 2b did to solve and how they can use same to solve the issue.
If solved, then explain what they did to solve.
4 150 words Conclusion
5 25-30 references
60-70% are academic with a valid DOI link.
Business model canvas (BMC) focuses on economy.
Output stageInput
Customer segment
Value proposition
Channels
Customer relationships
Revenue streams
Key resources
Key activities (use resources to create activities)
Key partners
Cost structure