Ethical Decisions for Stakeholders: A Practical Application Introduction Organizational culture‚ or the values‚ attitudes and beliefs held by an organization‚ directly impacts all the stakeholders of an organization. This assignment looks at a hypothetical scenario from Strait about a situation at private university. The goal is to determine an ethical decision that has the greatest benefits to the stakeholders in this organizational culture. To lend insight to the university
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Be Intelligent—Identify the Stakeholders You’ve identified the issue‚ and your ultimate goal is to take an action that will solve or address that issue. But we can’t skip right to the end just yet! Before thinking about the solution‚ consider the other people in the situation. Your decision—even if that decision is to do nothing—will have an effect on some people. We call these people the stakeholders. Like a pebble hitting the water‚ our actions have consequences that ripple out from the
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are possible but the essential elements are the production and communication of information so that stakeholders can make decisions. Q1-3 Economic consequences are the impacts on wealth caused by choosing among available alternatives in business. Accounting has economic consequences because how an entity does its accounting (policy choices‚ estimates) can affect the wealth of different stakeholders. For example‚ you may be able to choose between two acceptable ways to account for an economic event
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Stakeholder is an individuals or groups that likely to affect or be affected by a proposed action in the project management or business administration. It’s a key of the part of stakeholder management. The major stakeholder that will affect the organization’s action‚ objective of Domino’s Pizza is employee‚ customer and financial institutions. Employee For the employee in Domino’s Pizza‚ they had given them with high wages. The reason why is because Domino’s Pizza wants to protect the principle of
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“What Went Wrong at Enron?” Trident University International Phillip M. Cherry Module 5 Case Assignment ETH 501: Business Ethics Dr. Michael Garmon March 1‚ 2012 3/1/2012 Introduction In this paper I will provide a critical evaluation of the Corporate Culture at Enron‚ explain how the business ethics and operations were influenced by the corporate culture‚ and what went wrong. In addition
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in partnership initiatives? And what warning signs alert you to possible problems—particularly when multiple parties are involved? We are living in a world in which cross-sector and public-private partnerships have become essential to all stakeholders’ core missions. Whether on a global‚ country or local level‚ the world has transformed in such a way that the old boundaries of ‘siloed sectors’ have become blurred. In fact‚ many discrete sectors are converging with others and are in the process
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Jamal West University of Phoenix ETH 316 June 4‚ 2013 University of Phoenix Material Week Three Ethics Game Simulation Worksheet Student Name: ___Jamal West______________________ Facilitator: _________________________ Complete the interactive Ethics Game simulation located on the University of Phoenix student website for Week Three. Note. You can only go through the simulation once‚ so please use this worksheet to take notes. The simulation uses the following decision model
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1. Who are the primary stakeholders of Knights Apparel? The primary stakeholders of Knights Apparel are Knights Apparel‚ the 120 employees that work in the Alta Garcia factory‚ various customers‚ 3 2. For each stakeholder group‚ what are their major concerns? The major concerns for Knights Apparel include paying employees a fair wage that will‚ in return‚ allow for a better quality of life for the families of the factory employees. Additionally‚ a major concern for Knights Apparel is making
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Tech‚ LLC. Memo To: Management and Stakeholders of Demory Solutions Inc. From: cc: John D‚ CEO‚ D Solutions Inc. Date: Re: Project D Proposal Project Description D Solutions Inc. wants to rollout a new companywide compliance system. New compliance policies will be introduced along with the new compliance system. All managers will require at the minimum 10 hours of training to properly perform their jobs as well as ensure their subordinates perform properly. This training will be incorporated
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Stakeholder Analysis The purpose of stakeholder analysis is to inform the project manager and sponsor who should contribute to the project‚ where barriers might be‚ and the actions that need to be taken prior to detailed project planning. – to rectify these risks/attitudes?? Stakeholder Their interest or requirement from the project What the project needs from them Perceived attitudes and/or risks Actions to take Doral Mining Industries (company itself) Doral Mining
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