Discuss how stakeholder typology impacts the business chosen, especially as it relates to an issue of diversity and/or inclusion experienced by Black or Indigenous people. Include in your discussion how a principle of stakeholder management can be used to deal with the issue effectively.
- Keeping the issue from the previous question in mind: analyze which corporate governance model you think the company is using and discuss if it is the right model or if they should be using a different one; support your response with researched examples.
Finally, using the companies selected for parts 2: conclude by considering which model of management ethics is being used by the leaders of each company. Discuss the relevance of this as it relates to issues discussed in parts 1
- In addition: comment on how the type of management ethics used effects the overall CSR strategy or social contract of the firm.
Responses will need to connect key concepts covered thus far to the companies and industries provided and make recommendations relating to the following learning outcomes:
Demonstrate a solid understanding of contemporary ethical issues confronting firms in several industries and the influences of such issues on management decision making, managerial behaviour, firm policies and practices.
Evaluate a range of appropriate responses and management approaches which the firm could embrace in response to the legitimate demands of its stakeholders and to the various pressures emanating from the social, economic, political, technological, and global segments of the environment.
Prescribe the appropriate courses of managerial action, give a set of facts pertaining to workplace situations that have ethical underpinnings.
Sample Solution
