Game Simulation that helps to have a view on new threats and opportunities. Many companies lack of unethical acts and behaviors‚ which results in the loss of stakeholders shares. Rethinking a company’s purpose in terms of societal needs can help to differentiate from competition‚ promote public trust‚ and increase stakeholder value. A company needs to have their mind set to do "good"‚ not just to do "well". This leads to the decision‚ which the simulation experience changes the existing shelved products
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University of Phoenix Material Week Three EthicsGame Simulation Worksheet Student Name: _________________________ Facilitator: _________________________ Complete the interactive EthicsGame 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 with the indicated critical decision points. Take notes about your decisions
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BUSINESS ETHICS WITHOUT STAKEHOLDERS Joseph Heath Abstract: One of the most influential ideas in the field of business ethics has been the suggestion that ethical conduct in a business context should be analyzed in terms of a set of fiduciary obligations toward various "stakeholder" groups. Moral problems‚ according to this view‚ involve reconciling such obligations in cases where stakeholder groups have conflicting interests. The question posed in this paper is whether the stakeholder paradigm
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Ethics-Game Dilemmas Ethics and Social Responsibility- ETH/316 November 19‚ 2012 Mary Carter Individual Organizational Issues – Simulation Reflective Summary The ethical issues that were presented in the Week Three Ethics Game Simulations were from The Mysterious Blogger and The Veiled ID. The ethical issues on “The Mysterious Blogger” were whether the information obtained by Jamal Moore‚ the IT Tech was enough to discipline Aaron Webb‚ the blogging employee for violating
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Introduction We‚ as co-managers of Club z Inc.‚ used differentiation strategy which “seeks to provide products or services that offer benefits that are different from those of competitors and that are widely valued by buyers”(Johnson‚ Scholes and Whittington‚ p.229‚ 2008) in order to meet the shareholders/investor’s expectations which were: 1. Grow earnings per share(EPS) 7% annually through year 15 and 5% annually thereafter. 2. Maintain a ROE(Return On average Equity) investment of 15%
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brief history of the organization. 2. Provide a clear‚ concise statement of the problem(s)/issues(s). 3. Identify primary and secondary internal and external stakeholders affected‚ describe their stakes in the issue‚ analyze the situation for effect on these stakeholders‚ and describe the issues and impact from the stakeholders’ views. 4. Summarize the primary and secondary ethical issues(s) involved. 5. Describe the organization’s strategy in dealing with this issue(s)‚ critique
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The marketplace simulation game was an overall great experience in terms of understanding how an organization works‚ what aspects should be considered while making decisions and how to coordinate between various departments. It was an excellent platform for me to learn how various functional departments in an organization work and how are they dependent on one another. Working in a team and coping with various challenges collectively helped me understand the importance of team work. I believe
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Business ethics- impact of the stakeholders As we all know stakeholders have a huge impact on the business but it works both ways. The business and its ethical behaviour also affect the stakeholders and the business itself. Today I am going to evaluate the impact of Sainsbury’s ethical behaviour on its stakeholders and the business. In 2007 Sainsbury has acted very unethically. They sold around 20‚000 cotton bags made by well-known designer. They wanted to make it fashionable to use cotton
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Decision of Y11 This was the first decision within this game ‚ we tried to maintain the expected values of the investors and we succeeded in achieving good values within the performance objectives ‚ advertisement and Rebate offer were considered as competitive strength for the 3 Market segments ( wholesale ‚ private label and internet sales ) and the S/Q rating is considered to be competitive weakness within the 3 market segments ‚ so we have to concentrate more in improving the S/Q rating in
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Ethics Game Reflective Journal HCS/478 Health Law and Ethics April 16‚ 2012 Judy Ceppaglia Ethics Game Reflective Journal Ethical dilemmas surface daily in professional nursing practice. Whether you work in acute care‚ long-term care‚ hospice care‚ ambulatory care‚ managed care‚ or public health care chances are you will be responsible for making decisions in a situation of ethical concern. The purpose of this paper is to reflect on the ethical issues presented in the Ethics Game simulation
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