MGT 526 Wk 6 Discussion – Social Responsibility

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member.

Due Thursday

Respond to one the following scenarios outlined below in a minimum of 175 words:

Due Monday

Reply to at least 2 of your classmates or your faculty member. Be constructive and professional.

Summary

Let’s leverage this discussion thread to gather the concepts and content from Ch. 4 that we may need to complete our assignments and that will most benefit us in advancing our careers. Avoid reading word-for-word, and use the following questions and scenarios to guide your inquiry.

Resources

Jones, G. R., (2020). Contemporary management (11th ed). New York, NY: McGraw-Hill Education.

Instructions

Do not start a new thread. Select one of the following scenarios, develop a response, then post the response as a reply to this discussion starter. Limit your response to 175 to 300 words, demonstrate understanding of and use APA formatting to cite the required readings or other credible sources that you apply, and look for opportunities to engage with and learn from others.

***Note: Please include the name of the scenario that you are responding to so that we all know which prompt you are discussing. For example, Scenario 2: Ethical Criteria.***

Remember: Students need to contribute three substantive posts in this discussion by the due dates indicated above. The substantive posts can be any combination of responses and replies. This includes your initial post to a scenario prompt and 2 replies to other students.

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Scenarios

Scenarios 1: Benefits of Social Responsibility

According to George and Jones (2020), a company’s stance on social responsibility is the way its managers and employees view their duty or obligation to make decisions that protect, enhance, and promote the welfare and well-being of stakeholders and society as a whole. This includes the way the company handles changing demographics and emerging technologies.

Share your response in a minimum of 175 words and include citations. Be constructive and professional.

Discussion:

• What do you consider to be the top three benefits to social responsibility?
• How does your organization implement social responsibility initiatives?

Scenarios 2: Ethical Criteria

Jones, G. R. (2020) note that Society as a whole, using the political and legal process, can lobby for and pass laws that specify what people can and cannot do. Many different kinds of laws govern business.

Share your response in a minimum of 175 words and include citations. Be constructive and professional.

Discussion:

• What is the relationship between ethics and the law?
• Why should managers use ethical criteria to guide their decision making?

Scenarios 3: Business Practices, Ethics and Social Responsibility

Societal ethics are standards that govern how members of a society should deal with one another in matters involving issues such as fairness, justice, poverty, and the rights of the individual. Four main determinants of differences in ethics between people, employees, companies and countries include: societal ethics, occupational ethics, individual ethics, and organizational ethics (Jones, G. R. 2020).

Share your response in a minimum of 175 words and include citations. Be constructive and professional:

Discussion:

• As an employee of a company, what are some of the most unethical business practices that you have encountered in its dealing with stakeholders?
• What are the main determinants of business ethics?
• From a managers perspective, what are the most important ethical rules a manager within your organization or one that you are familiar with uses to make the right decisions.

Scenarios 4: Dealing with an Ethical Dilemma

Jones, G. R. (2020) note that ethical dilemma is the quandary people find themselves in when they have to decide if they should act in a way that is right and might help another person or group, even though doing so might go against their own self-interest.

Share your response in a minimum of 175 words and include citations. Be constructive and professional.

Discussion:

• You are planning to leave your job to go work for a competitor. Your boss invites you to an important meeting where you will learn about new products your company will be bringing out next year. Do you go to the meeting? Explain your reasoning.
• You’re the manager of sales in an expensive sports car dealership. A young executive who has just received a promotion comes in and wants to buy a car that you know is out of her price range. Do you encourage the executive to buy it so you can receive a big commission on the sale or do you persuade her to buy a less expensive model?
• You sign a contract to manage a young rock band, and that group agrees to let you produce their next seven records, for which they will receive royalties of 5%. Their first record is a smash hit and sells millions. Do you increase their royalty rate on future records?

References

Jones, G. R., (2020). Contemporary management (11th ed). New York, NY: McGraw-Hill Education.