you will be provided two companies: choose one as the focus for your response. You will also be required to select an ethical issue that currently affects the chosen business: do not select a Black diversity issue or Indigenous issue for this section as those issues will be covered in part 2.
Using either GM or Honda Motor Company:
1 a) Provide a brief background of the company and industry, then identify a current ethical issue that has an effect on the industry that the company is operating in.
1b) Continue the discussion by connecting how this issue relates to the use and/or abuse of power or how the issue relates to concerns regarding the changing social contract in particular address the business response or criticism of business.
2) Discuss how the company could use Carroll’s Corporate Social Performance Model or a Social Responsiveness view to deal with the issue from a CSR perspective – defend your choice.
Responses will need to connect key concepts covered thus far to the companies and industries provided and make recommendations relating to the following learning outcomes:
- Demonstrate a solid understanding of contemporary ethical issues confronting firms in several industries and the influences of such issues on management decision making, managerial behaviour, firm policies and practices.
- Evaluate a range of appropriate responses and management approaches which the firm could embrace in response to the legitimate demands of its stakeholders and to the various pressures emanating from the social, economic, political, technological, and global segments of the environment.
- Prescribe the appropriate courses of managerial action, give a set of facts pertaining to workplace situations that have ethical underpinnings.