Instructions: Consider the situation at Hewlett-Packard from a multiple stakeholder perspective. Imagine you are an ethical leader in each instance.... a. a CEO faced with leaks regarding your strategic vision. a. Briefly discuss four approaches your group would take to determine who was sharing the information. b. Describe an advantage and a disadvantage of one of your proposed approaches. c. How would you rebuild trust and enable good employee communication?
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- How would a stakeholder approach, if taken by the companys top leaders and board of directors, have possibly prevented the crisis?Copy the following questions into the submission window and provide answers for them. 1. A helpful first step in ethical analysis is to look for harms and benefits. What harms were done by this fraud? Can you explain exactly what the ethical wrong was? Whe, other than consumers, were harmed? Who benefited? Did the parties who benefitted deserve the benefit? Were any benefits unfair or unethical? 2. Where would you place primary responsibility for this scandal: individual employees who forged customers' aceounts, managers who oversaw those employees. senior executives, board members, or the corporation itself? 3. Sometimes when we assign responsibility, we are looking for someone to blame, someone who is at fault. Who do you blame in this case? 4. Sometimes the question of responsibility is asked so that we can identify the cause and, in tum, prevent it from happening again. What recommendations would you mike to prevent this from happening again? 5. How do you understand the difference…Please solve all questions please recall the following declaration: “the general public's perception of company ethics changed dramatically with the revelation of the unethical selection-making at Enron, WorldCom, Adelphia, Tyco international, Peregrine systems and iVillage. The scandals took a toll on purchasers' confidence and portfolios, and undermined their religion inside the accounting career. company stakeholders have referred to as for more transparent financial reporting and evidence of higher ethical behavior”. Required: a. dicsuss and give an explanation for four (four) underlying problems that lead to the dilemma. b. Describe 3 (three) broad categories of fraud schemes that can arise base on the scenarioa above supply one example for each class.
- The Ensign Group, a publicly traded company, was accused of boosting revenues by filing false claims with Medicare and providing rehabilitative services that patients did not need. What does this unethical behavior suggest about the function of corporate governance within this organization?The chief executive offcer (CEO) of a company pledges to operate the company with accountability, openness, and communication Which component of ethics is the CEO pledging to uphold? Puffery Greenwashing Corruption Transparency 2. A chief executive officer (CEO) launches a company-wide effort to dean up the local wers. Which term describes the CEO's actions? Fiscal responsibility Corporate transparency Social responsibility Greenwashing 3. An employee learns that the company is engaged in activides that may te polling a local take and violating environmental. Which course of action should the amployes take to ad ethical and comply with the law? Resign from the posion Report the activites to the authorties Document the possible violation Deny any knowledge of the actives"CEOs are often tasked with selecting the most efficient level of ethical standards for the businesses they oversee." what considerations must CEOs make when determining the most efficient level of ethical standards for their businesses.
- Apply all six ethical perspectives presented in the chapter to one of the chapter’s case studies.Keep a record of your deliberations and conclusions using each one. Did you reach differentsolutions based on the theory you used? Were some of the perspectives more useful in thissituation? Are you more confident after looking at the problem from a variety of perspectives?Chapter Two: Personal Ethical Development2. Analyze a popular television drama or movie from an ethical perspective. Identify the issuesraised by the program/movie, the values it promotes, and the virtues and vices demonstrated bythe important characters.Chapter Three: Ethical Decision-Making3. Select a moral issue, and evaluate its level of moral intensity using the components described inthe chapter. Or choose an ethical dilemma that you think deserves more attention. What stepscould you and other take to increase this issue’s level of moral intensity?How to respond to this in 100 words? Ethics and strategic management relates because both weighs heavily on making sound decisions for the business and being held accountable for individual at risk behaviors. One benefit of utilizing ethics in an organization is that it creates a trustworthy environment in which the company has confidence in their employees to do the right thing. Another benefit for utilizing ethics is having high performing employees who have regards for both the business aspect of the company and possessing the responsibility for making solid moral decisions. “Managerial ethics refers to an individual’s responsibility to make business decisions that are legal, honest, moral, and fair” (Parnell, 2017, p. 116). For managers, it is also their moral responsibility to make sure that employees are in compliance with their work obligations and conduct themselves in a professional manner. “As a consequence, management needs to confront the challenge of balancing the…You are applying to a prestigious organization for an important, highly visible position. The application requires you to describe an ethical dilemma in your history and how you handled it. Describe the dilemma and your ethical position. Be sure to fully explain the entire situation. Also discuss how your personal ethical values influenced your decisions and behavior in this matter. (Note those instances where you might find that there was some difference between these aspirational/espoused values and your actual behavior).
- Why is Whistleblowing an Ethical Concern? Please provide an accurate answer.Corporate governance plays a pivotal role in shaping the direction and performance c organizations. It encompasses the systems and processes by which companies are directed, controlled, and held accountable to their stakeholders. Effective corporate governance involves a balance between the interests of various stakeholders, including shareholders, management, customers, employees, and the broader community. It often includes mechanisms such as a board of directors, ethical guidelines, and transparency in financial reporting. Strong corporate governance not only mitigates risks and ensures compliance with regulations but also fosters investor confidence and long-term sustainability. As businesses face increasing scrutiny and demands for transparency, sound corporate governance practices are integral to maintaining trust and achieving sustainable success. Question: How can companies strike a balance between the interests of different stakeholders in their corporate governance…Using the extract as an example, critically discuss how applying the framework for the governance of ethics might have prevented Bain & Co from the unethical situation. Introduction Reference to the case study The framework for the governance of ethics How applying the framework for the governance of ethics might have prevented the unethical practice Conclusion