Does a company have the ethical responsibility to make business decisions that reduce profits, but are better for the environment?

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BUSINESS ETHICS BUS309255VA016-1216-001WEEK 6

Business Ethics (BUS309255VA016-1216-001)

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Week 6

Business and the Environment

WELCOME

All companies assess the costs and benefits of any particular action, purchase, or manufacturing choice. But no company is an island, and its actions affect all its stakeholders as well as the world. How can companies incorporate their effect on the environment into these cost-benefit analyses? Does a company have the ethical responsibility to make business decisions that reduce profits, but are better for the environment? This week, you will learn about a company’s impact on the environment.

Discuss: Participate in the discussion, Legislating Social Responsibility.

Assignment: Complete the assignment, Not All Companies Are Viewed as Equal.

WEEK 6 QUIZ – CHAPTER 6 QUIZ

Week 6 Quiz – Chapter 6 Quiz

This quiz consists of 15 multiple-choice questions.

LEARN

Readings

From Business Ethics, read:

Chapter 7, “The Environment.”MultimediaLecture: The Environment.Business and Ecology.Costs of Pollution Control.Achieving Environmental Goals.

WEEK 6 DISCUSSION – LEGISLATING SOCIAL RESPONSIBILITY

Week 6 Discussion – Legislating Social Responsibility

Click the linked activity title to access this weekly discussion. If you need help with completing discussions, please watch this video for more information. Note: The video does not automatically start. You must click the timeline bar at the bottom of the video for it to play.

WEEK 6 ASSIGNMENT – NOT ALL COMPANIES ARE VIEWED AS EQUAL

Week 6 Assignment – Not All Companies Are Viewed as EqualOverview

In the land of free trade, the public does not view all industries as equal. Do you believe that is ethical? Do you believe that some industries are unfairly targeted? Should it be consumers’ choice to partake in products that are not healthy for them, or do those companies have an ethical obligation to protect people?

PreparationDownload and review the Week 6 Assignment Template [DOCX]. Use it to assist you with the assignment.Choose one of the following industries to frame your paper:The pharmaceutical industry.The payday loan industry.Cloning for medical purposes.
Write a paper in which you:

Describe the background of the industry and its customer base for which you are framing your argument.Prepare a sound argument that explained the major reasons you support the industry or the customer with strong supporting evidence.Justify your beliefs on whether it is possible for a company to simultaneously cater to both its best interest and that of the consumer, or if one always must prevail.Use at least two quality references. Note: Wikipedia and similar Websites do not qualify as academic resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Determine the ethical considerations for balancing corporate and social responsibilities.

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