Below are the instructions that have been given to me by my professor. Please follow them closely. Using the definition that is given below as a guideline, pick any ethical issue that could arise for an actual multinational corporation. You can pick any corporation and ethical issue that you would like to write about. Part of the paper will require you to do either a full harms analysis or a circle of values analysis. If you are unfamiliar with these, or you would like some clarification on what my professor is looking for on this part, refer to the lecture notes on ethical decision making which I have attached. I have also attached another lecture notes document on corporate control and ethical dilemmas. Feel free to read over these notes and refer to them while writing as they will be helpful. It is also VERY important that you cite all sources using Chicago style footnotes. Please contact me if you have any questions. Thank you for your help!
DEFINITION: For the purposes of this question, an Ethical Issue includes both a situation in which there are two morally “right” courses of action which are in conflict — taking the one prevents the person or the Entity from taking the other, thus creating uncertainty about which one to pick (we’ll call that a Two Rights Ethical Issue),
and/or also a situation in which the action the person or Entity would LIKE to take, for its own benefit, will lead to harm that is morally unacceptable (we’ll call that a Own Benefit vs Other Harm [OBOH] Ethical Issue);
Pick an ethical issue that arises in the management of an ACTUAL multinational corporation. Describe succinctly the situation. It should be either one actual situation in which the issue arose in an important way, or else it could be a synthesis of situations that have arisen for that corporation that all contain the same issue in essentially the same kind of factual situation.
Show how the situation you have picked contains an ethical issue as defined above. Articulate the issue clearly, and say how it fits the definition above. It can come out of environmental issues, human resource management issues, worker safety issues, scientific honesty issues, international contracting situations, and the like. Research the issue itself. See what others have done about it. Footnote copiously, Chicago Style! Remember that the Foreign Corrupt Practices Act may be involved.
The archives (which you can find in the Marist College online library) of the Christian Science Monitor, the New York Times, the Wall Street Journal, Bloomberg BusinessWeek, the Atlantic Magazine, and similar publications should provide you with plenty to choose from.
After you have shown how the issue you picked meets the definition given above, identify
1. the normative stakeholders (defined as the stakeholders to whom the corporation owes a moral obligation over and above any legal obligation, so, NOT stockholders) and
2. the other stakeholders who will be most affected, both short-term and long-term.
Then, do a Full Harms Analysis OR a Circle of Values Analysis. If the issue arises mostly out of major differences in cultural values, you must pick the Circle of Values Analysis (and don’t forget that that entails the use of a diagram).
Develop a recommendation for what decision(s) should be made in order to arrive at the best possible end result, giving special weight to the normative stakeholders (other than the stockholders, whose interests are taken care of by law).
The safest way to organize your answer will be to follow the above instructions paragraph by paragraph. However, if you have an alternative way to do it that will be as good or better, you are free to do that.
Make sure that you footnote copiously, using Chicago style with full information footnotes at the bottom of the page. EACH fact gets its own footnote.
There is no specific word limit, but being overly vague or general will not yield good results, and neither will being wordy.
The way you ORGANIZE your paper WILL count for part of your grade, as will the quality of your research, and the sufficiency of your footnotes.