Business Industry or Line of Business Paper
1.Provide a brief introduction of the organization, including its industry or line of business, and product or service. Assume that the reader does not know this business.2.Research the situation summarized below regarding the organizations ethical failure. Offer a brief explanation of what happened, and your thoughts on the cause(s) of this ethical failure.3.Imagine that due to this situation, the CEO and board of this company decide to transform from an economic model toward a stakeholder or integrative model of corporate social responsibility. They ask you to provide an executive summary of which model the company should use, and what this new direction might look like. Some questions you should answer include:a.Which CSR model more appropriately fits the businesss mission and values?b.Are there stakeholders on whom the business should focus in this new direction?c.Which ethical philosophical frameworks do you believe should guide the business leaders? Why?d.Identify a potential program, activity or strategy that the business should take up in advancing this new direction.e.How would this new direction reflect upon and/or address the ethical failure(s) discussed above?Other Requirementsv You must include, at the top of your paper, your name, the word count, and a creative title.v In your analysis, you may use any quality sources you believe are relevant. However, you must consider and reflect upon the article provided below and at least three of the following:ØBusiness Roundtable Redefines the Purpose of a Corporation to Promote an Economy that Serves All Americans. Announcement available at: ØThe UN Global Compacts Ten Principles for Business. See ØFriedman, Milton. “A Friedman Doctrine – The Social Responsibility of Business is to Increase its Profits.” New York Times, September 13, 1970.ØNYT Dealbook. “Greed is Good, Except When It’s Bad.” New York Times, September 13, 2020. Available at ØThe United Nations Universal Declaration of Human Rights. Available at ØCarr, Albert Z. Is Business Bluffing Ethical? Harvard Business Review, January 1968. Available at:
