Answered You can buy a ready-made answer or pick a professional tutor to order an original one.
Module 1 - SLPThe History of Business Ethics and Stakeholder Theory in AmericaBusiness Ethics and Stakeholder ManagementFor your SLP this session you will be asked to review articles on business ethic
Module 1 - SLPThe History of Business Ethics and Stakeholder Theory in America
Business Ethics and Stakeholder Management
For your SLP this session you will be asked to review articles on business ethics from the Trident Online Library. You will review one or more articles each in Modules 1 through 4 dealing with different ethical concepts.
In this SLP we will be reviewing articles that cover the concept of stakeholder management. Stakeholders are important to consider in significant business related decisions. This is because organizational decisions – especially substantial decisions involving significant resource allocations/re-allocations – tend to impact various stakeholder groups as you will be reminded in your reading. These stakeholders may have the power to impact the organization’s success.
Assignment Instructions:
In this assignment you will be asked to apply stakeholder management theory to the following scenario:
A public corporation of 980 employees manufactures a popular brand of garments (mostly jeans) that are primarily made and sold in America nation-wide. It has a large contingent of employees in several small rural communities in the Eastern US and is the primary employer in all of those communities. Two if its 5 shops are unionized but the union and management have a good working relationship. The company has traditionally marketed its clothing line as “Made in the USA” and attracted a bit of a “cult like” following as a result, but an outside consulting firm has suggested that significantly greater profits are possible if a different strategy is employed. The corporation is subsequently considering whether to off-shore its manufacturing facilities to a poor nation to save money on labor. It would also discretely discontinue its “Made in the USA” marketing ads and hopefully ride the wave of its previous marketing campaigns for a while. It is estimated that total cost per unit of production will be decreased by one third which equates to tens of millions of dollars.
Please write a 3-page paper in which you respond to the following:
1. Provide a paragraph summarizing the concept of stakeholder management based on your readings.
2. How do you think the following stakeholder groups in the above scenario will be impacted?
- Employees/unions
- Communities
- Stockholders
3. What would you recommend the employer described above should do?
SLP Assignment Expectations
Your 3 (or more) page paper should be double-spaced and in 12-point type.
Your paper should have a separate cover page and if you are using any in-text citations then a separate reference page.
Use APA style, and proofread your paper.
- @
- 165 orders completed
- ANSWER
-
Tutor has posted answer for $30.00. See answer's preview
************* ***************** ************************** theoryConcept ** *********** management Stakeholder theory ************ ** *** ************ between * **** *** others ****** *** ******** *** ******** *********** *** **** focus ** on *** *** *********** ******* ******** doing ****** ******* ** ** important ** note that ************ can ****** ** **** ******* ** ****** the ********** Some of the ******** ** ********** parties in * business ******** ************ ********* ********* ********* ********** ********** groups as **** ** ***** community ************ ************ *** regarded ** *** ****** ** a firm The **** *** financial *********** **** **** their ***** **** ******** ***** for **** (Minoja ***** ********* ** *********** ****** * **** ** ** **** **** ** ***** ******* **** ** ********* groups governmental bodies ***** ****** ***** associations ********** *********** suppliers ********* ** well ** ********* In some ******** *** *********** *** ******* ** stakeholders ** *** ******** *** firm *** **** ******* ** ****** its ******** ** doing business ** ** to **** greater ******* ********* the cooperation ** ***** ** ********* *** manufacturing facilities specifically to a **** ****** ** **** ** ** **** **** **** ***** ***** for labor All *** **** *** ******* **** ****** *** ********* *** of ******* * the ****** *** ***** will **** a ******* ****** ** ********* stakeholdersImpact ** *** employees The ***** ***** ***** ** **** there ***** be * **** ** **** ** *** *** ** the ***** It ***** **** certain activities **** be reduced ****** the country *** **** ** ******* ** *** *** ******* ********* **** **** *** ***** the ****** ********* to *** new ******* The company **** have ********** ** its activities **** *** *** ********** of satisfying *** ******** ****** ** ********* ***** ***** then ********* **** ** ******** and ********** ******** *** the **** ** ****** ***** a ******** ****** ** the ********* ***** ** ** ****** ***** ** ******* production to the home country ********** ** ** 2014) ** ** through the ************ effects **** ***** is ********** ** *** negative effects ** *** ********* ***** ** **** ******* ****** ********* to * ***** ********* ******** **** ***** **** there *** **** rising ** **** ********** **** *** resulted ******* *** ******* *** ********* workers Similarly ***** ** ****** *** skilled laborEffect ** *** *********** *** ***** economies as well as ******* ****** **** ******* **** *** ********* **** ** *** ******* ***** **** ** * ******** impact ** offshoring ********* ************ ****** Foreign ****** ********** ** not a *** ***** ** ******** ********* ** ** ********* ********* ** **** **** *********** *** ********** ** *** ******* **** few ***** **** *** ***** invested ** **** ******* so ** ** obtain *** materials Nowadays **** in the **** of *** company the main goal ** ** **** ******** **** they **** **** **** ** America (Ebenstein ** ** ***** The issue however has **** ************ to *** ******* *********** *** American *********** **** **** ***** **** destroyed The ***** ***** ** ****** *** ********** base ** the ****** *** at *** same **** threatens *** standard ** living ***** *********** *** ***** will as **** have * ***** ****** ****** ******** satisfaction ***** *** ******** ******** ** **** ** ********* ** **** ** the *********** *** ******** ******** *** ** ******** with ********** ******** profiles and histories ***** *** ******* may **** ** protect *** ********* ** **** **** ** *** case then ***** will ** no good ************ ******* ********* *** the ********* There **** ** **** *********** ***** the ********* In **** **** the ******* **** be ***** **** **** *********** meaning that they **** **** **** bargaining ***** Similarly there ** *** *** of ** *** ********** **** ** *** *********** will migrate ** lower ***** ******************** *** ************ **** ** ** * ******** ** save ***** ** ********* as **** as ***** ******* ************* ******** *** *** same some ***** *** ****** *** ***** **** will **** to **** ** *** **** *** the administrative ***** ********* **** **** **** **** costs ** transportation expenses ** **** as ******* ************ ****** **** **** ** will **** **** **** *** **** to *** supplies from the ******** ********* Therefore ***** is * **** ******** to market ******* **** ***** not ** saving ** ***** ** ** logical ** state **** *** main *** **** ** ** ****** total production **** ** **** ********* ********* ******* **** ** ** **** productive **** ********* ** **** **** * ******** ********** of ***** **** ***** **** ** ** inaccurate ******* ** the ********* savingsRecommendations ** *** employers ********* ****** **** **** *** ********* regarding marketing does not **** ******* If **** ****** ** ******** **** ****** ******** ******* factors **** as ******* ***** a position ** the ****** ** well trade barriers The ********* should ****** **** ***** is *** ******** among *** ********* They ****** create **** **** job ************* ** *** ******** employees ******* ***** that *** employer ****** *** into ************* is the ***** ** ****** In **** ********* *** ******* *** end up ****** rather **** ******* (Ebenstein ** ** 2014) ********* **** should ***** *** least cost-effective ********* strategies ********************* * Harrison * ******** * ***** Phillips S ****** Estimating the ****** of trade *** ********** on American workers ***** *** current ********** surveysReview of Economics *** Statistics96(4) ************* M (2012) *********** ********** ****** **** strategy and ******************** ** Business ************ *****
