Discuss the ethical implications of pursuing a social responsibility program in terms of your stockholders and stakeholders.

Part One (Ethics)

 

Company to use Fresenius Kidney Care

This assignment involves two steps. First, analyze your corporation’s operations by conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis. Pay particular attention to your company’s strengths and opportunities because you will try to identify a social cause that meshes well with them. Think back to the Google example. One of Google’s social causes is improving computer science education. Since Google is at the forefront of advances in information technology, it makes sense that one of its social concerns is improving computer science education. In supporting this cause, Google is not only being socially responsible but is potentially working to educate its future customers and workforce. Thus, focusing on areas where your company excels and then finding a social cause that can benefit from your company’s strengths can also ultimately help your company! Lastly, consider how shareholder and stakeholder theories of ethics will impact your selection of a target social cause for your corporation to pursue. What responsibility does your company owe to its stockholders and stakeholders? Will pursuing a social responsibility program detract from your responsibilities to these two groups?

Deliverable:

Continue research on your organization approved in Week 1 and write a situational analysis. This situational analysis should include a substantive discussion of the organization via the four SWOT categories—the company’s internal strengths and weaknesses and external (market or environmental) opportunities and threats. Be sure that you explain each item in your SWOT and justify its identification as a strength, weakness, opportunity, or threat.

You should also prepare a statement that discusses the ethical implications of pursuing a social responsibility program. Any program that you implement will redirect resources toward the social cause and away from your stockholders and stakeholders. Is this ethical?

In a 2- to 3-page Microsoft Word document, submit the following:

  • Create and discuss your company’s SWOT analysis. Justify each item in your analysis.
  • Discuss the ethical implications of pursuing a social responsibility program in terms of your stockholders and stakeholders. What is the personal framework you are using to make these ethical decisions for your company?

 

Part 2 (Quality Management)

Quality Culture vs. Traditional Culture

There are various differences between a quality culture and a traditional culture. While formulating strategies and implementing quality culture, you need to understand these differences and plan accordingly. In this assignment, you will evaluate the difference between a quality culture and a traditional culture.

In a 2- to 3-page Microsoft Word document, address the following:

  • Select and evaluate a company (with which everyone in the class should be familiar) based on the following parameters:
    • Operating philosophy
    • Objectives
    • Management approach
    • Attitude toward customers
    • Problem-solving approach
    • Supplier relationships
    • Performance improvement approach
  • Based on your evaluation of this company, explain if you think your selected company is following a quality culture or a traditional culture. Provide an appropriate rationale and examples to support your answer.
  • Given your evaluation of the company, explain whether you believe that its culture will enhance or impede its success.

 

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