Home / Essays / Stakeholder theory has been called a bold proposal. Why is the proposal bold? Is this any reason to think stakeholder theory is an incorrect approach to resolving moral questions in business?

Stakeholder theory has been called a bold proposal. Why is the proposal bold? Is this any reason to think stakeholder theory is an incorrect approach to resolving moral questions in business?

Stakeholder theory has been called a bold proposal. Why is the proposal bold? Is this any reason to think stakeholder theory is an incorrect approach to resolving moral questions in business?

 

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1. Stakeholder theory has been called a bold proposal. Why is the proposal bold? Is this any reason to think stakeholder theory is an incorrect approach to resolving moral questions in business?

2. Employment at Will (EAW) is a doctrine in American common law which determines one of the starting points for employment negotiations. What is the best moral argument in favor of EAW? Is EAW morally justified, and why or why not?

3. The Resistoleros are one among many stakeholders HB Fuller should consider when it decides its course of action regarding Resistol. Is it morally permissible for HB Fuller to continue to sell Resistol with its current composition or should Fuller remove the product from the market until an acceptable composition is formulated? What course of action would you recommend to HB Fuller and why?

4. Levi Strauss and Company is considering continuing and advancing its operations and its interests in China. Some would argue that if LS&Co follows a policy of strictly monitoring the contractors for violations of the Business Partner Terms of Engagement and follows the Guidelines for Country Selection, then it would be morally legitimate for LS&Co to take advantage of opportunities in China. Is this plan of action even possible in China? What recommendation would you give to the LS&Co’s Executive Management Committee if you were on the CPG and why is this plan morally acceptable?

5. Donaldson and De George give arguments regarding the moral duties of multi-national corporations in host countries. When is it morally permissible for a multi-national corporation to violate local cultural norms? When should a multi-national corporation respect local cultural norms? Feel free to use cases we have studied or cases from your own knowledge and experience to answer this question.

6. Carr argues that bluffing in business is an ethically acceptable part of the business game. What are the strengths and weaknesses of Carr’s analogy? Do you agree or disagree with Carr? Define the difference between 1) “bluffing in business” and 2) lying, where lying is considered morally impermissible instances of stated deception.

7. Bribery was once considered a two place relationship. Following Carson, we can now understand bribery as a three place relationship. When Natasha offers Igor the cash in the “When is a tip…” case, what, if anything, is wrong with her actions? How does one distinguish a bribe from more acceptable offers of payments for services? Feel free to use this example or others from the reading or personal experience.

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