Managerial Ethics And Social Responsibility

Managerial Ethics And Social Responsibility

INTRODUCTION

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

  1. In your opinion, do U.S. product liability laws need to be changed? If so, how? If not, why not? Investigate proposed changes in product liability laws over the last several years and evaluate them.
  2. Some people believe that the right of privacy should be extended to the workplace. Others feel that, on the contrary, such an extension would constitute an unwarranted incursion into management’s right to manage. Please comment on this debate, using examples from the text discussion of electronic monitoring, romance in the workplace, employee drug testing, and employee honesty testing. Are there particular circumstances under which it is, or is not, appropriate for employers to monitor employee behavior?  
  3. In 2017 only about 5 percent of chief executive officers of the S&P 500 companies were women. What factor best explains this fact: women’s education and job experience, discrimination against women by companies, preferences of women employees, different family roles and responsibilities between women and men, or something else? Why do you think so? 

[Your post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion].

[Your post should be at least 500+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]

[Your initial posting should be completed by Thursday at 11:59 p.m. EST.]

QUESTION

Chapter 13: Shareholder Rights and Corporate Governance

Learning Objectives:

  1. Identifying different kinds of shareholders and understanding their objectives and legal rights.
  2. Knowing how corporations are governed and explaining the role of the board of directors in protecting the interests of investors and other stakeholders.
  3. Analyzing the function of executive compensation and debating if top managers are paid too much.
  4. Evaluating various ways shareholders can promote their economic and social objectives.
  5. Understanding how the government protects against stock market abuses, such as fraudulent accounting and insider trading.

Chapter 14: Consumer Protection 

Learning Objectives:

  1. Knowing the five major rights of consumers.
  2. Analyzing the reasons for consumer advocacy and the methods consumer organizations use to advance their interests.
  3. Assessing the ways in which government regulatory agencies protect consumers and what kinds of products are most likely to be regulated.
  4. Determining how consumer privacy online can best be protected.
  5. Examining how the courts protect consumers and efforts by businesses to change product liability laws.
  6. Evaluating how socially responsible corporations can proactively respond to consumer needs.

Chapter 15: Employees and the Corporation 

Learning Objectives:

  1. Understanding workers’ rights to organize unions and bargain collectively.
  2. Knowing how government regulations assure occupational safety and health and what business must do to protect workers.
  3. Evaluating the limits of employers’ duty to provide job security to their workers.
  4. Analyzing employer obligations to pay workers fairly and how pay policies can contribute to income inequality.
  5. Appraising the extent of employees’ right to privacy, when businesses monitor employee communications, police romance in the office, test for drugs or alcohol, or subject employees to honesty tests.
  6. Debating if employees have a duty to blow the whistle on corporate misconduct, or if employees should always be loyal to their employer.

Chapter 16:  Managing a Diverse Workforce 

Learning Objectives:

  1. Knowing in what ways the workforce of the United States is diverse, and evaluating how it might change in the future.
  2. Understanding where women and persons of color work, how much they are paid, and what roles they play as managers and business owners.
  3. Identifying the role government plays in securing equal employment opportunity for historically disadvantaged groups, and debating whether or not affirmative action is an effective strategy for promoting equal opportunity.
  4. Assessing the ways in which diversity confers a competitive advantage. 
  5. Formulating how companies can best manage workforce diversity, making the workplace welcoming, fair, and accommodating to all employees.
  6. Understanding what corporate policies and practices are most effective in helping today’s employees manage the complex, multiple demands of work and family obligations.
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