Discuss the benefits and weaknesses of the various business

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Part -A:

Question A1

Over the last few years, there have been numerous media reports in Australia and abroad, accusing businesses (such as 7 Eleven, Volkswagen, the Commonwealth Bank of Australia and the Australia New Zealand bank) of ethically questionable behavior.

Outline one (1) business that has had its business values and ethics questioned and describe the business practice or behavior that has been highlighted.

Discuss the extent to which this behaviour/practice breaches one or more of the United Nations Global Compact's ten principles of responsible business and discuss how you believe this moral failure could have come to be accepted practice in this company.

Question A2

The World Wildlife Fund's Living Planet Report (2014) states that biodiversity is declining sharply. while our demands on nature are unsustainable and increasing.

Describe the ways in which the business sector places demands on the natural environment (15 marks) and discuss how these demands are being impacted by global population growth, increasing consumption of natural resources by developing countries and continuing high levels of consumption of natural resources by developed countries.

PART B

Question 1

Briefly outline the key features of the two sustainability models in Figure 1 and explain what these models represent.

Compare the two different approaches to sustainability and discuss the assumptions about the relationships between society, economy and environment that underpin these approaches.

Question B2:

In the 1990s, Forum for the Future identified five types of capital that organisations use to deliver its products or services. More recently, the International Integrated Reporting Council expanded these categories by adding Intellectual Capital as the sixth form of capital.

What is Intellectual Capital and in what ways can it be measured? In what ways could a software development and internet security company enhance and deplete its intellectual capital?

Question B3

A key strategy in (global sustainable business pioneer) Interface Carpet's mission to climb 'Mt Sustainability' was to sensitize, stakeholders.

Describe what was meant by 'sensitize stakeholders' and why this was seen as being a key strategy.

Discuss some of the actions taken by Interface to sensitize stakeholders to their transition to becoming a more sustainable company.

Question B4

Edward Freeman (1984) was one of the key business researchers in the development of the stakeholder theory of the firm.

Describe stakeholder theory and discuss how this approach to business responsibility would apply to a retail clothing shop in a local shopping centre.

Question B5

In many parts of the world, there is a variety of accreditation schemes, CSR indices and reporting programs to provide some indication of a business' sustainability and/or social and environmental performance.

Give an example of one (1) of these programs, briefly describing how this program reviews and reports on a business's sustainability performance.

Discuss the benefits and weaknesses of the various business sustainability and/or CSR certification (accreditation) programs?

PART C

Question C1

Read the scenario 'The Part-Time Job with a Full-Time Challenge', from Babson College. Apply the Giving Voice to Values framework to answer the following questions:

a) What is at stake for the key parties?

b) What are the main arguments that George is trying counter? What reasons and rationalizations need to be addressed?

c) What levers/responses can George use to enable her to act on his values in a way that maximizes the positive impact and minimizes negative outcomes for all parties?

d) Then, develop a script that applies the GVV framework to this scenario to provide a powerful and persuasive response to this ethical dilemma.

The Part-Time Job with a Full-Time Challenge'

George went to college and worked part-time at a car parts store. He had been hired at the store because his good friend John was one of the night managers and had put in a good word for him. The job was ideal for George's school situation since the store was located directly across the street from his college, and the hours did twit interfere with his school schedule. Not only were the location and hours convenient, but the work was fun and entertaining because George got to work with John, one of his good friends and the manager.

George usually worked at night when he and John were the only two employees in the store. He really enjoyed the job and intended to stay there until he finished college. About one month into the job, George began to notice strange things going on: John would disappear for 30 minutes at a time. At first George, did not think much of it and, for the most part, just did what he was told to do. Another month passed and he started noticing that John was constantly in the back room checking the inventory. The only reason this seemed odd was because George had worked with other managers and they had not done this.

When his John would return from the back of the store, he would have a list filled with different part numbers. He would then sit at one of the computers and begin to print multiple invoices. To add to the peculiarity of this situation, George also observed John opening his cash drawer and removing money or numerous occasions. When George questioned John about what he was doing, John said that he was dealing with returns from earlier that day and that it was a routine procedure regularly done at night.

Another week or two passed and John continued to do the same thing. George questioned him again. However, this time George was a little more insistent on a truthful answer. John said that he would tell George the secret if he would not let anyone else in on it. Eager to know what was going on, George agreed.

John got on a computer and began to type in the identification numbers of different parts in order to set how many of each were currently in the inventory system. He then walked to the back of the store and checked to see if the inventory in the computer was correct. If yes, it was no big deal and he did nothing. However, if John did discover an extra part that was not identified in the inventory database, he made minor adjustments, searched the sales history of that particular part, and retrieved various invoice numbers and dates that he used to perform a cash refund. He would keep the cash for himself and sign off on the return with his own management approval.

It was blatantly obvious to George'that this was wrong. He knew that it was dishonest and illegal. Still, he was confused about what to do about the whole situation. Which side was he supposed to take? He had been friends with John foi over five years and they had been through a lot together. On the other hand, John's actions were wrong and could have serious legal repercussions. George never thought of himself as a "rat" and he did not want to be involved in this situation. However, he now was involved and faced a difficult challenge. Where was he supposed to start? How should he approach the situation? George knew he wanted to talk to his friend, but he did not want to come off as a "goodie-two-shoes."

What should George say to John, and when, and where?

 

Requirement for the questions:

Part A:

Question :1 company to be selected is Volkswagen (500 words)

Need to explain business and its values and ethics questioned and its behaviour need to be explained

United nations global compact 10 principles need to be highlighted and answer is based on principles 7,8,9,10

Question 2:( 500 words)

Business sectors demand on natural environment

Give reasons and reasons need to be explained with sub headings

Explain consumption of natural resources in developing countries which is increasing  (give reasons and explain the reasons)

Explain consumption of natural resources in developed countries which is continuing  (give reasons and explain)

PART B:

Every questions need to be explained in detail and should be at least 300 words each 5 questions 300 words each

Part C:

Based on requirement worth 500 words

Referencing is not necessary need solutions with detail and need to be covered everything

Please carefully look at the questions and their requirements

Verified Expert

The work is in 3000 words where the focus has been on the strategy. IN MS word and APA reference, there is a proper explanation of the business ethics along with properly analyzing the entire scenario. there has been a case study which is for the development and the including of the ethical pattern and development.

Reference no: EM131236171

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10/8/2016 7:07:21 AM

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