Business Ethics

You have been appointed as the CEO of a company where you are required to perform the following tasks. Answer ALL the questions in this section.

Question 1 (25 Marks)

The Board of Directors wants to broaden its footprint within the community and has approached you to advise them regarding an initiative to sponsor a local high school sports event. Construct an argument that you will present to the Board, advising them if it is a waste of company finances to sponsor the event, evaluating if the money could be better utilised investing back into the company's manufacturing process. Specifically discuss corporate social responsibility in your response.

Include:

Role of CSR (3) Companies must create profit (3) companies follow the law (3) Effective communication between stakeholders (3) Maslows hierarchy of needs (3) different categories of responsiveness (5) ten commandments of CSR (5),

Question 2 (25 Marks)

As the CEO of the company, you exist within a predominant global system of capitalism. As such you aim to generate a profit for the shareholders. The company's mission statement focuses on developing a positive relationship with the community. As a modern executive, formulate an appraisal of the advantages and disadvantages of capitalism that you are dealing with.

Define capitalism (5) discuss advantages of capitalism (10) discuss disadvantages of capitalism (10)

Question 3 (25 Marks)

Develop a plan on how the company can grow its business and expand its footprint, applying the theory of the SWOT process.

Questions to answer before making a decision (5) ethical swot analysis theory (10) description of swot (10)

Question 4 (25 Marks)

As the CEO you hire multiple managers in various departments to operate the company. In order for the company to run smoothly these managers must take decisions which are consistent with the company's mission statement and profile. Assemble a guide which you will use to brief managers, advising them on how to take decisions, specifically regarding the ethical standards of managers.

Define ethical standards of managers (5) Management principles (5) Steps to take in decision making (15)