Discuss the difference between “fairness” and “justice”? Should stakeholders be treated “fairly” or “justly”? Discuss.

Read the parts of your textbook that discusses the issue of stakeholders, and fairness to all stakeholders. Two concepts come to mind: fairness and justice.

  1. Discuss the difference between “fairness” and “justice”? Should stakeholders be treated “fairly” or “justly”? Discuss.
  2. Research Milton Friedman’s view of corporate social responsibility. Should corporations adopt an “integrity-based ethics” or “compliance-based ethics” when dealing with stakeholders? Discuss your response.

Substantiate your all your comments and responses. Avoid the use of Wisegeek, NetMba, Wikipedia, excessive use of dictionaries and encyclopedias, and sources of that nature, which are not considered reputable sources, when substantiating your comments and responses.

When responding, include your name in your subject line. Also, include the name of the student you are responding to. For example, “response to John’s discussion”.

 

Case Study

Read Case Study 1, “Bernie Madoff: How “One Big Lie” Can Destroy Thousands of Lives,” on pages 258-264. Summarize the overall viewpoint of the author, and discuss the major issues presented in the case. Review the “Questions for Thought.” Answer the four “Questions for Thought” using the business ethics principles from the textbook.

Your summary of the author’s viewpoint and your discussion of the major issues presented in the case must be in paragraph form. However, your responses to the four “Questions for Thought” can be answered either in paragraph form or as a numbered list. Ensure to include your summary of the author’s viewpoint, your discussion of the ethical issues facing Bernie Madoff, and your responses to the questions.

 

Deliverable length is a minimum of 500 words, double spaced, 12pt New Times Roman font. Title page, abstract, and running head are not required; however, if you paraphrase or quote words or ideas from your course textbook or other resources, you must cite your sources following the APA style citation guidelines.

Describe your approach to breaking down information into component parts to better understand the characteristics of a statement, concept, or problem.

Saade et al. (2012) describe critical thinking as the mental processes of discernment, analysis, and evaluation applied to information in order to achieve a logical final understanding and/or judgment. Describe your approach to breaking down information into component parts to better understand the characteristics of a statement, concept, or problem. How might outlining help to develop understanding? How do you know when to reach beyond previous experience and seek out other sources of information to enhance your understanding of the work in front of you?

Describe Porsche’s history and its 4Ps (Product, Price, Place, and Promotion).

Read What’s Driving Porsche? and History of Porsche AG – FundingUniverse. From the perspective of an executive with the firm, prepare a strategic plan to grow the business over the next three years.

Your strategic plan must be future-oriented and must:

  • Describe Porsche’s history and its 4Ps (Product, Price, Place, and Promotion).
  • Explain the current situation of the organization in the market (industry, market, and general environment analysis).
  • Assess the financial performance and condition of the organization.
  • Conduct a SWOT analysis (strengths, weaknesses, opportunities, and threats) to determine areas that offer opportunities for change.
  • Choose three or four areas from your SWOT analysis and explain why the areas you have chosen are essential to your strategic plan.
  • Describe your recommended organizational structure.
  • Explain your plan to measure the success of your strategic plan.

Your paper must be 10 to 12 pages in length (excluding the title and reference pages) and be formatted according to APA style guidelines as outlined in the Ashford Writing Center. In addition to the text, you must use at least five scholarly sources. Remember to incorporate information that you have learned from this course as well as your personal experience.

What is the difference between data, information, and knowledge?Explain.

What is the difference between data, information, and knowledge? In your opinion, when does data become information and information become knowledge? Support your answer with relevant examples. Why is meaningful and correct data analysis-statistics-important in using the volumes of available business data?

You are analyzing the cross-store sales of a grocery store chain. As part of your analysis, you compute two measures of central tendency-mean and median. The mean sales are $358.4 million, and the median sales are $163.1 million (per store). To quantify the average per store, which of the two measures would you use and why? Justify the answers with examples and reasoning.

Explain the steps leading to organizational change. Have you been involved in an initiative that involved changing an organizational strategy?Explain.

Organizational Change

In today’s competitive business environment, organizations must be receptive to change. However, because the needed changes are not always welcomed and easily implemented, those within impacted organizations must be able to adapt quickly to the new environment to keep pace with the market and the competition. Therefore, before implementing any drastic changes, managers must carefully weigh all of the possible outcomes of the changes and ensure processes are in place to mitigate risk.

Based on your reading for this week:

Explain the steps leading to organizational change. Have you been involved in an initiative that involved changing an organizational strategy? If so, describe why the change was a success or a failure.

With these thoughts in mind:

Identify and discuss the public serv culture present in the case and explain why Wise argue that public service motivation is found more in the government than in private sector.

1.Identify and discuss the public serv culture present in the case and explain why Wise argue that public service motivation is found more in the government than in private sector.2.Discuss if the Healey’s motivation for accepting the Red Cross presidency is in line with the public service motives? 3. Discuss what the case study indicates about the modern complexities of professional personnel in the public setting? 4. Does the wise reading offer some specific answers to contemporary problems of public personnel motivatio? If so, how?