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Page numbers Explain the ethical issues a business needs to consider in its operational activities Explain the implications for the business and stakeholders of a business operating ethically 2 Describe the social implications of business ethics facing a selected business in its different areas of activity 3 up Examine the ethical concerns of the communities in which a selected business operates. 4 MI Assess how a selected business could improve the ethics of their operations. 2. MM Assess the social implications of business ethics facing a selected business in its different areas of activity. 3. 2 Explain the ethical concerns of the communities in which a selected business operates and suggest measures that could be taken to improve corporate responsibility. 4. 2 Evaluate the impact of a selected business’s ethical behavior on stakeholders and the business. 2. 3 Learner declaration certify that the work submitted for this assignment is my own and research sources are fully acknowledged.
Learner signature: Date: Assignment brief Unit 37: Understanding Business Ethics Start date Deadline 28 January 2014 Assessor Business Ethics The purpose of this assignment is to introduce learners to the concept of business ethics and to examine its application to the conduct of individuals in organizations and to the conduct of the organization as a whole. Scenario You are a researcher with an independent management consultancy and have been asked to prepare four management reports on: 1 . The meaning and importance of ethics in the business world 2.
The implications of businesses operating ethically 3. The social implications of business ethics 4. Ethical concerns facing different communities You will need to select an appropriate business on which to base your reports. In doing so you should carefully consider the research required for this assignment and consequently the business must be a UK listed pal which trades internationally. You should check with your tutor that the selected business will provide the evidence to meet the assessment criteria.
Task 1 Explain the ethical issues a business needs to consider in its operational activities [P 1] You should examine your selected business and explain its activities from an ethical viewpoint. You should examine the business mission statement and corporate aims and objectives [or values and goals] and describe how that business is attempting to show its stakeholders that it is aware of the ethical concerns that apply. Your report will consider Operational Activities: definition of business ethics; ethical activities; values of businesses; professional ethics and individual ethical behavior.
Likewise consideration must be given to Ethical Issues: corporate governance; corporate social responsibility; environment; sustainability; human rights; corruption; trading fairly; legal and regulatory compliance; business practices; working conditions and individual ethical responsibilities. DEADLINE: January 2014 Task 2: Understand the implications of businesses operating ethically [UP] You may use the same business as used in Task 1, but may select an alternative, and examine the impact on the business and its stakeholders of the way the equines operates.
There may be conflict of interest between the different stakeholders, and you will need to explain the reasons for this. There will also be benefits and drawbacks to the business on the way it is operating and you will need to give reasons and support with examples. Stakeholders will be identified and consideration should be given to potential conflicts of interest between stakeholders, for example shareholders versus environmentalists.