Amended Stakeholder Identification Assignment
Choose two incidents from the Short Incidents for Ethical Reasoning that follow Ch. 8 of your textbook (Business and Society pg 270 – 273). After reading each incident, you must identify all relevant stakeholders and determine how they could be impacted by the decision that will be made, identify and apply at least one principle for ethical reasoning, and then consider alternative courses of action and choose the best course of action based on stakeholder impacts and the outcome of the application of the ethical principle.
Your textbook defines stakeholders as an entity that is benefitted or burdened by the actions of a corporation or whose actions may benefit or burden the corporation. Some common examples of stakeholders would include customers, employees, suppliers, stockholders, and the community.
Businesses will almost always have multiple stakeholders, and many times their interests will conflict. This means that a business decision-maker will frequently have to make a decision in the face of competing claims from different stakeholders. The question of whose interests should be prioritized requires the exercise of judgment. This skill—examining competing claims and deciding which one is the strongest—is called evaluation. You will want to consider the power, urgency, and legitimacy that each stakeholder presents.
You should put yourselves in each stakeholder’s position—Why do they care about the outcome of the decision? How will they be affected? What outcome would they prefer? What are their arguments in support of their preferred outcome? You will want to consider the power, urgency, and legitimacy that each stakeholder presents. Two of the videos below will give you a brief review of stakeholder theory and give you an idea of what skills you will be expected to demonstrate when you complete this assignment. Additionally, writing mechanics and grammar are graded as part of this assignment. A video on improving mechanics in business writing is provided below to help refresh your memory. Viewing statistics will be collected and counted as part of the assignment’s grade.
Improving Mechanics in Business WritingLinks to an external site.
Improving Mechanics in Business Writing
Presenter
David VanBuskirk
What Are Stakeholders – R. Edward FreemanLinks to an external site.
What Are Stakeholders – R. Edward Freeman
Presenter
Mediasite Presenter
What is Stakeholder Theory – R. Edward FreemanLinks to an external site.
What is Stakeholder Theory – R. Edward Freeman
Presenter
Mediasite Presenter
As a reminder, for each incident, be sure to identify all relevant stakeholders and determine how they could be impacted by the decision that will be made, identify and apply at least one principle for ethical reasoning, and then consider alternative courses of action and choose the best course of action based on stakeholder impacts and the outcome of the application of the ethical principle.
Submission instructions
Please ensure that the Certification set out below appears on your submission.
Attach your Word document to this assignment and submit before the due date.
Certification
By submitting my responses to this Assignment, I hereby certify and affirm that I have not received any aid of any type from any of my classmates or students taking this course in other sections.
Rubric
STAKEHOLDER IDENTIFICATION RUBRIC
STAKEHOLDER IDENTIFICATION RUBRIC
Criteria Ratings
This criterion is linked to a Learning Outcome (1) Identifies stakeholders
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (1) Identities at least one prescriptive principle of ethical conduct
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (1) Applies the chosen prescriptive principle of ethical conduct
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (1) Considers alternative courses of action
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (1) Chooses a course of action
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (1) Considers stakeholders impacts
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (2) Identifies stakeholders
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (2) Considers stakeholders impacts
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (2) Identifies at least one prescriptive principles of ethical conduct
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (2) Applies the chosen prescriptive principle of ethical conduct
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (2) Considers alternative courses of action
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome (2) Chooses a course of action
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
This criterion is linked to a Learning Outcome VIDEOS: Watched Videos
A: Exceeds Expectations
B: Meets Expectations
Below Expectations
I would like you to select 2:
A Clouded Promotion or A Personality Test or A Trip To Seaworld
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