Business Ethics Module Assignment

MODULE  Assignment

Part A. Observations from PowerPoint Slides and US Laws (Uploaded in files)

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  • Refer to the PowerPoint slides focused on the The Role of Law in Business Ethics. Institutionalization means that a belief or norm about what is right is made permanent often with the passage of a law or regulation. This information is presented in different categories. I want you to take a little time to see what is in each category of laws.
Category of Laws When were most of these laws passed? Why do you think that is the case? Are we currently seeing more laws passed in this area or are laws being repealed or regulations lessened in this area? Why?
Laws regulation competition between companies/individuals    
Laws protecting consumers

 

   
Laws protecting equity and safety    
Laws protecting the environment    
Laws that encourage ethical conduct    

 

  • Answer either a. or b.
  1. What role do you believe regulations play in steering the behavior of business? Explain. If you believe they play a role, explain. Pick an industry for which regulations are very important and discuss.
  1. What role do you believe regulations play in steering the behavior of business? Explain. If you believe regulations DO NOT steer ethical business conduct, then explain your point of view. What then steers ethical behavior? Explain

 

Part B. Impact of Multi-National Corporations on Business Ethics.

Food Inc. Documentary as a Catalyst for Deeper Thought

Please watch this Food Inc. on this website: https://vimeo.com/31813990

 

As you watch the Food Inc. documentary, think about the actions of multi-national corporations, and make note of potential issues caused by the actions of large companies (McDonalds, Monsanto, and Poultry Companies (Smithfield and Perdue). Fill out the following chart for each one.

  • McDonalds
Innovative/Good Business Decision or Action Unintended Consequence from a Decision or Action Perhaps Unethical Actions Perhaps Illegal Actions
 

 

 

 

 

     
  • Monsanto
Innovative/Good Business Decision or Action Unintended Consequence from a Decision or Action Perhaps Unethical Actions Perhaps Illegal Actions
 

 

 

 

 

     

 

  • Smithfield/Perdue
Innovative/Good Business Decision or Action Unintended Consequence from a Decision or Action Perhaps Unethical Actions Perhaps Illegal Actions
 

 

 

 

 

     

 

  • Pick the issue that concerns you the most and explain why this issue concerns you.

 

Part C. Environmental Laws and Love Canal. (20 points)

Most of the environmental laws were passed in the 1970s. One reason for this was the discovery of many rivers, lands, and other sites contaminated by toxic waste. I ask you to look at a lot of clips about Love Canal. Some are from the 1970s, some tell the history, and some are some recent sites.

First, as you watch the first clips, I want you to think about which entities acted unethically? Illegally? Explain why you think that way. Fill out the following information.

Links to videos:

https://buffalonews.com/news/local/history/a-history-of-the-love-canal-disaster-1893-to-1998/article_5df93af9-e5fe-5ae4-be74-efed7dbf43ed.html

https://www.youtube.com/watch?v=CQ3WH2QnWvw

https://www.youtube.com/watch?v=eOealMpuRWM

https://www.pbs.org/newshour/show/residents-say-love-canal-chemicals-continue-to-make-them-sick

https://www.youtube.com/watch?v=8iHpZHOESf8

http://chej.org/wp-content/uploads/Superfund-In-the-Eye-of-the-Storm-REP-013.pdf

https://www.youtube.com/watch?v=I1VzX5MvjXY

https://www.theatlantic.com/magazine/archive/1979/12/love-canal-and-the-poisoning-of-america/376297/

https://www.youtube.com/watch?v=ukNQBtxtSDA

https://www.youtube.com/watch?v=HIJu-gT2fQg

https://www.youtube.com/watch?v=cCG8FYP1d3A

https://www.youtube.com/watch?v=w7ChkI77QXs

 

Entity and Action Unethical Actions? Why do you believe so? Illegal Actions? Why do you believe so? Good Business Decision. Why do you believe so?
Hooker Chemical

 

 

 

     
NY Board of Education

 

 

 

     
Home Builders who built home around toxic pit

 

 

     
Federal Government

 

 

 

     
Of all the companies/entities, who acted the most unethically? Why do you believe that?

 

 

 

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