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Ethical Issues in the Corporate Environment

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Assume that you are a manager within a corporate environment, and you are presented with an ethical dilemma. Suggest viable approaches to resolving the dilemma. Rate your comfort level with dealing with ethical issues. Provide one (1) example that supports your approach.
•Suggest the most significant challenge that entrepreneurs may encounter when growing a business. Recommend one (1) strategy that entrepreneurs could use either to manage or minimize the suggested challenge. Provide support for your recommendation.

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The response addresses the query is posted in 952 words with APA References.

// Unethical behavior in the workplace has contributed to high cynicism. Managers face ethical issues that are not easily solved as the managers are not trained in ethics. We further look into the dilemmas faced by the manager and the approaches used by the manager in order to resolve the issue. //

One of the various responsibilities of a manager is to make ethical decisions that mainly include spotting the ethical issue and understanding the effect of the action and decision on others. Managers play an important role in conveying the existing laws and code of ethics to the employees. The company policy must also be clarified thoroughly with notifications ...

Solution Summary

The expert examines the ethical issues in the corporate environment. The response addresses the query is posted in 952 words with APA References.

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Corporate Social Responsibility and Stakeholders

I would appreciate any guidance that you can give me on answering the questions below connected to this case study.

CASE:

The Clean Power Company, based in Cincinnati, Ohio, has been in operation for 5 years. The company produces an energy regulating device that automatically regulates the use of power sources in homes and businesses. Recently, they have realized that in order to stay in business, they will have to move their operations out of the country. They have purchased approximately 500 acres next to the Chavon River in the southeastern part the Dominican Republic.

The land is totally undeveloped. However, it is located across the river from the Altos de Chavon complex that has shops, restaurants, and other commercial attractions. This land looks like a tropical paradise with palm trees and access to the sea via the Chavon River.

As part of the sales agreement, the seller, Teltac Corporation, has agreed to put in roads, septic systems, and water lines. However, electrical power and sewer lines will be up to Clean Power. Clean Power Company plans to be self sustaining by using solar power. Teltec has informed them that there should be no problems running sewer lines directly into the river as the Chavon River is clean and large and can absorb the waste.

You are the Director of Corporate Development in charge of spearheading the development of this new site. In addition, you are responsible for transitioning US employees to the new location and hiring local employees. You will need to decide which Cincinnati employees will go to the new Dominican Republic location or if the company should rely solely on local Dominican workers.

Clean Power also plans to build a new school for local children to address overcrowding and the lack of basic necessities, technology, and space for the students. Clean Power desires to be a good corporate partner in this community, which has many dirt roads and undeveloped areas.

Management knows that the initial capital outlay in this initiative will drive the price of the stock down, thereby upsetting the shareholders. However, management believes it will prove a sound investment in the long run.

QUESTIONS:

Question A:
What is Clean Power's corporate social responsibility for each ethical issue you have identified in this case?
? Legal
? Economic
? Ethical
? Philanthropic

Question B:
Stakeholder Management - Address the questions below regarding the following stakeholders: the environment, the employees, the customers, the community and the shareholders:
? What are the above stakeholders' interests for each ethical issue or concern you identified? What are the stakeholders' responsibilities for each ethical issue or concern you identified? What are the possible decisions the corporation could make for each ethical issue or concern, and what are the possible effects on the stakeholders?

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