Assignment: Social Performance of Organizations
According to the textbook, the current world economy is increasingly becoming integrated and interdependent; as a result, the relationship between business and society is becoming more complex. Use the Internet to research one of the following organizations:
• Facebook (FB)
• Verizon (VZ)
• Wells Fargo & Company (WFC)
• General Motors (GM)
Write a four to six page paper in which you:
1. Provide a brief overview of the organization. Include a description of the nature and types of products or service of your chosen organization.
Clarification/Guidelines:
Describe the nature, structure and types of services of your organization by using popular business media to profile/characterize its business, e.g., WSJ, Forbes, NYTimes, Yahoo Finance, etc.
2. Identify two key factors in the organization's external environment that can affect its success. Provide explanation to support the rationale.
Clarifications/Guidelines:
Describe each of the factors in the external environment and then provide a rationale that can affect its success - factors working in favor of the organization/ factors working against the organization's favor.
Hint: Consider Figures 1.6 & 2.2 in the text. Which factors are most salient? Why? (****please refer to Chap 1 and 2 (attached) for Figures 1.6 and 2.2**** )
3. Suggest four ways in which the primary stakeholders can influence the organization's financial performance. Provide support for the response.
Clarifications/Guidelines:
Consider Exhibit 1.B (located in Chap 1). in the text which lists the primary stakeholders and their respective interests
4. Specify one controversial corporate social responsibility concern associated with your selected organization.
Clarifications/Guidelines:
From a thorough perspective, it's best to consider two or three concerns and choose the one you believe is most controversial and provide your rationale
5. Use at least four quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
Clarifications/Guidelines:
From a thorough perspective, provide more than four quality references.
Your assignment must follow these formatting requirements:
• Using MS Word, be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
• Upload your work through GRAMMARLY, make any necessary revisions before submitting your final paper.
The specific course learning outcomes associated with this assignment are:
• Analyze the relationship between business and society, and the ways in which they are part of an interactive system.
• Recommend ways stakeholders can influence the destiny of both business and society.
• Analyze the various primary and secondary stakeholder groups, their roles, and relationships.
• Analyze the multiple environments of an organization.
• Compare and contrast the concepts of corporate social responsibility, citizenship, and global citizenship.
• Analyze ways ethical challenges affect the multiple functions of business.
• Use technology and information resources to research issues in business and society.
• Write clearly and concisely about business and society using proper writing mechanics.
Consider the following Supplemental Resources:
Bota-Avram, C. (2013). Is ethical behavior of companies influenced by governance? International Advances in Economic Research, 19(3), 325-326.
Bundy, J., Shropshire, C., & Buchholtz, A. K. (2013). Strategic cognition and issue salience: toward an explanation of firm responsiveness to stakeholder concerns. Academy of Management Review, 38(3), 352-376.
Cunningham, M. (2012). Privacy in the age of the hacker: Balancing global privacy and data security law. George Washington International Law Review, 44(4), 643-695.
Govil, S. K., & Jain, R. (2013). Globalization of markets. Advances in Management, 6(6), 65-65.
Khan, A., Muttakin, M., & Siddiqui, J. (2013). Corporate governance and corporate social responsibility disclosures: Evidence from an emerging economy. Journal of Business Ethics, 114(2), 207-223.
Lin, C. P., Tsai, Y. H., Joe, S. W., & Chiu, C. K. (2012). Modeling the relationship among perceived corporate citizenship, firms' attractiveness, and career success expectation. Journal of Business Ethics, 105(1), 83-93.
Mohan, V. R. M, & Paila, A. R. (2013). Stakeholder management in infrastructure / construction projects: The role of stakeholder mapping and social network analysis (SNA). Aweshkar Research Journal, 15(1), 48-61.
Mujtaba, B. G., & Cavico, F. J. (2013). Corporate social responsibility and sustainability model for global firms. Journal of Leadership, Accountability & Ethics, 10(1), 58-75.
Strayer Database. Retrieved from https://research.strayer.edu
Note: The following resources, accessible through the Strayer Database, offer helpful business- related information: Business Source Complete, Credo Reference, Data-Planet Statistical
Datasets, Mergent Online, ProQuest National Newspapers Premier, Regional Business News, and Research Starters - Business.
Valentine, S., & Hollingworth, D. (2012). Moral intensity, issue importance, and ethical reasoning in operations situations. Journal of Business Ethics, 108(4), 509-523.
Wachsman, Y., & Jie, Z. (2013). A model of cournot competition with lobbying. Journal of Business & Economics Research, 11(6), 251-258.
Attachment:- Chapter_1_and_2.rar