Introduction Week Four Sustains The Study Of Theories And Pa

Introductionweek Four Sustains The Study Of Theories And Paradigms Und

Week Four emphasizes the exploration of theories and paradigms that underpin personal and organizational values, ethical principles, and their interplay within organizational contexts. It examines how individual values influence organizational culture and performance, and how organizational ethics impact reputation and operations. Core activities include reading Chapters 9 and 10 from “Introduction to Business Ethics,” focusing on environmental issues and investment ethics, respectively. Discussions address ethical dilemmas such as balancing environmental conservation with commercial interests, exemplified through case studies like the ethical debate over developing a beautiful valley and investments in genetically modified foods. Multimedia resources, including a historical overview of pollution and environmental awareness, support understanding of the evolution of environmental policies. Students analyze ethical issues faced by organizations through case studies, engaging in reflective journal entries documenting insights. Assignments also include a quiz on environmental and investment ethics, designed to deepen comprehension. The week’s activities aim to reinforce understanding of ethical principles in contemporary environmental and business contexts, preparing students for more advanced analysis and decision-making in ethical dilemmas.

Paper For Above instruction

Week Four of the business ethics course provides a comprehensive framework for understanding the complex relationship between organizational values, ethical principles, and environmental and investment decisions. This phase emphasizes the importance of theories and paradigms that form the foundation of ethical decision-making within organizations, considering their impact on reputation, operational effectiveness, and societal trust. Central to this discussion is the exploration of environmental issues, as presented in Chapter 9 of the course textbook, which examines cases like the ethical dilemma over preserving a pristine valley versus economic development. Such scenarios highlight the tension between environmental conservation and commercial interests, illustrating the need for ethical reasoning in resolving conflicts between profit and sustainability.

Ethical dilemmas surrounding environmental management are significant in shaping organizational policies and public perception. For example, the debate over whether to develop a beautiful valley underscores the conflicting values of preserving natural beauty versus economic growth. These dilemmas are often rooted in competing interests of different stakeholders—local communities, corporations, government agencies, and environmental advocates—each with their own ethical paradigms. In analyzing such dilemmas, theories like utilitarianism, deontology, and virtue ethics offer diverse perspectives, enabling a more nuanced understanding of potential paths forward.

The investment ethics discussed in Chapter 10 provide another critical dimension of organizational ethics, focusing on how companies and individuals make decisions about where to allocate resources. The case of genetically modified foods exemplifies how ethical considerations influence investment choices, especially regarding environmental safety and public health. Investors committed to green principles may avoid investments perceived to cause harm, raising questions about the credibility of corporate claims about sustainability practices. This segment emphasizes the importance of transparency, accountability, and stakeholder engagement in ethical investing.

Multimedia resources, such as the video on the history of pollution and environmental awareness, deepen understanding of how societal attitudes and policies have evolved against the backdrop of industrialization and environmental challenges. This historical context informs current debates and policies, highlighting the role of collective responsibility. Students reflect on how organizational practices have historically impacted the environment, and how ethics guide contemporary responses to pollution and resource management issues.

Case studies serve as practical illustrations of these ethical issues, allowing students to analyze real-world dilemmas faced by both non-profit and for-profit organizations. For instance, a case involving the construction of a power plant requires students to weigh economic benefits against environmental risks, applying ethical theories to justify their judgments. Similarly, contemplating the ethics of holding investments in environmentally questionable stocks prompts discussions about corporate responsibility and personal values.

The reflective journal assignment encourages students to articulate their understanding of the ethical problems faced by organizations and to propose plausible solutions grounded in course concepts. This exercise enhances critical thinking by examining the causes of ethical dilemmas, evaluating potential responses, and considering feasibility and impact. Students are expected to support their analyses with scholarly references, demonstrating an integrative understanding of ethical frameworks.

Overall, Week Four consolidates students' grasp of environmental and investment ethics, emphasizing the importance of ethical reasoning in managing organizational responsibilities and stakeholder relationships. By engaging with theoretical concepts, case studies, multimedia, and reflective exercises, students develop the analytical skills necessary to navigate complex ethical landscapes in contemporary business practice.

References

• Friedman, M. (1970). The social responsibility of business is to increase its profits. The New York Times Magazine.
• Jones, T. M. (1991). Ethical decision making by individuals in organizations: An issue-identity model. Academy of Management Review, 16(2), 366-395.
• Crane, A., & Matten, D. (2016). Business Ethics (4th Ed.). Oxford University Press.
• Donaldson, T. (1989). The ethics of multinational corporations. Oxford University Press.
• Hartman, L. P., & DesJardins, J. R. (2020). Business Ethics: Decision-Making for Personal Integrity & Social Responsibility. McGraw-Hill Education.
• Schultz, M. (2001). The moral responsibilities of business: Context and case. Business & Society, 40(2), 150-178.
• World Commission on Environment and Development. (1987). Our Common Future. Oxford: Oxford University Press.
• Carroll, A. B., & Buchholtz, A. K. (2014). Business and Society: Ethics, Sustainability, and Stakeholder Management. Cengage Learning.
• Friedman, M. (1970). The social responsibility of business is to increase its profits. The New York Times Magazine.
• Swisher, K. (2002). Investing ethically: Strategies and challenges. Journal of Sustainable Finance & Investment, 12(3), 185-200.