Description
📌 General Guidelines
- 📝 Answer in your own words — plagiarism will result in zero marks.
- 📑 Use Times New Roman, size 12, double-spaced.
- ❗ Late submissions are not accepted.
- 🔍 Mention the question number clearly in your answer.
- ⚡ Support your answers with logical reasoning and, where possible, examples.
📖 Case Study: GlobalTech’s Ethical Challenge
GlobalTech is a multinational company that produces medical devices. Recently, the company expanded into the Middle East and Asia. While the expansion looks promising, several ethical challenges have emerged:
- Employee Engagement: Many employees in the European branch feel disengaged after layoffs. Absenteeism is rising, and trust in management is low.
- CSR: The company is criticized for focusing on profit while ignoring community and environmental responsibilities.
- Stakeholder Conflict: A new device launch is delayed after safety concerns. Shareholders push for speed, consumers demand stricter testing.
- Global Ethics: In Asia, executives are pressured to give “gifts” to officials to secure licenses. Some say it’s cultural, others say it breaks the code of conduct.
❓ Questions to Answer (Ch. 8–11)
- 👥 What steps should GlobalTech take to re-engage employees and rebuild trust in management? (Think about involvement, information sharing, and fair rewards.) (3 Marks)
- ⚖️ How can GlobalTech balance profit goals with its ethical responsibilities to stakeholders? Apply the triple bottom line (economic, social, environmental) and stakeholder theory. (4 Marks)
- 🌍 Should GlobalTech allow gift-giving in countries where it is part of the culture? How can the company respect cultural differences while still following universal ethical standards (e.g., UN Global Compact principles)? (3 Marks)
🎯 Learning Outcomes (CLOs)
- CLO-1: Define a solid understanding of prominent theories of ethics and morality.
- CLO-2: Develop awareness and understanding of cultural and national differences related to ethics.
- CLO-3: Justify their rationale for decisions related to acceptable and unacceptable business conduct based on the business ethics principles.
- CLO-4: Illustrate the role of social responsibility in functional areas and strategic processes of business, and provide a comprehensive framework for analyzing and resolving ethical issues and dilemmas in an organization.
- CLO-5: Work with others effectively as a team member in business ethics research projects or case studies.
- CLO-6: Write a coherent project about a case study or actual research about ethics.
