Homework 1

Business Ethics, the Changing Environment, and Stakeholder Management

Ethical Decision-Making for Business

Haoting Romolor

Allied American University

Author Note

This paper was prepared for Ethical Decision Making for Business (BUS 354), homework assignment 1 taught by Christopher Boucher.

PART I: CURRENT EVENT ANALYSIS

Directions: Utilize LIRN and other sources of information (articles, internet sources, etc.) to find one current event article or news story related to business ethics. Use the information provided in the article(s), additional research, and your own critical thinking skills to take the situation through each stage of the Stakeholder Management Approach. Conclude by explaining if and how the company succeeded (or failed) using this approach. Length should be a minimum of two pages, double-spaced. Provide links to the articles (or scan and upload a printed article). Be sure to cite all references. Please use proper APA citation when using any source including the textbook. Please visit the Academic Resource Center (ARC) for concise APA guidelines.

Be sure to cover each of the following aspects of the Stakeholder Management Approach in your discussion/analysis.

· identifying and prioritizing issues, threats, or opportunities

· mapping who the stakeholders are

· identifying their stakes, interests, and power sources

· showing who the members of coalitions are or may become

i. showing what each stakeholder’s ethics are (and should be

PART II: PERSONAL ANALYSIS

Directions: Provide an example of an ethical dilemma you personally experienced, witnessed, or was made aware of this week (or recently) at work, school, or other situation. Explain the situation in as much detail as possible. Take the situation through each stage of the Stakeholder Management Approach. Conclude by explaining if and how you or the person/s involved succeeded (or failed) using this approach. Write your...