Business ethics, Samsung Galaxy 7 issue

    Business ethics, Samsung Galaxy 7 issue a case study/ research paper, I'll attach the 7 step decision model that you will have to follow. It has to be based on facts that you find about the enron scandal. You can use up to any number of sources you want, preferably 5+. And please please follow the decision model I will be uploading. Please use simple language. and Please give it your all. It is worth 35% of my grade. I will also mention some cases we discussed in class which were some business vs society cases. Times where business clash with society and the ethics behind them. One is the titanic case, the chevrolet case and the ford pinto case. The titanic case we discussed was about the fact that the ship owner did not want the passengers boarding the ship to get scared by the number of lifeboats that were on deck. He believed that if the passengers saw the lifeboats they would believe that the ship will sink, so he asked the crew members to take down half of the lifeboats off of the ship. The master staircase was also a contributing factor to the sinking of the titanic, because of the staircase, the watertight compartments on the lower deck did not reach as high as they should have which caused the water to flow from one compartment to the next much faster. As for the automobile cases, in both cases the car manufacturers knew that there was something wrong with their cars but thought that the cost of recalling and fixing the cars is much higher than just paying the families of the effected passengers. And please please include the sources used on the separate 13th page.Analysis and 7-steps Decision-Making Model 1. Determine the Factsa. Resist an immediate “judgment call”i. Be aware of how sports, for example, has influenced all of us to make quick choices of what is within the rulesb. Gather all facts—not just ones supporting one point-of-viewc. Check multiple sources of informationd. Differentiate between “facts” and “assumptions”e. “Follow the Money”—who makes money based upon which choices?2. Identify the Ethical Issues Involveda. Are there dimensions of “right and wrong”; “fair or unfair”; “good or bad”?3. Identify All the Stakeholdersa. Who (Groups) and how many?b. How might I be biased—how are certain Stakeholders “related” to me? 4. Delineate (and/or Create) Alternative Courses of Actiona. Generate at least two different coursesb. Imagine one “wild” scenario (This is how creativity gets sparked.)5. Assess How the Alternatives will Affect Stakeholdersa. Envision the results of each alternative decision/course of actionb. Determine beneficial versus harmful consequencesc. Consider the Lawd. Recognize your own potential “conflict of interest”6. Seek Guidancea. Close friendsb. People you respectc. Knowledge sourcesi. Subject matter expertsii. Reference Librariansiii. Authorsiv. Researchersv. Professorsvi. Pastors7. Make a Decision; Act; Monitor the Outcome(s)a. Make a choiceb. Do something constructivec. Be prepared to DEFEND your choice with logical, persuasive argumentsd. “All Solutions Just Create Different Problems”—Follow up and CorrectOBJECTIVES At the close of this course you will be able to: · Identify, analyze, and articulate the values and objectives of business and business segments. · Identify, analyze, and articulate the values and objectives of our society. · Compare and contrast those values and objectives via the application of a formal decision model. · Defend your point-of-view. · Appreciate the complexity of reconciling the conflicts in values and objectives in the competitive world of business. · Reflect on and evaluate your own ethical decisions, actions, and practices, as well as your obligations as a morally responsible agent.· Describe and analyze key ethical concepts (e.g., justice, happiness, the good, moral value, virtue, dignity, rights, equality, etc.) as they apply to organizations.· Reason ethically by drawing on major ethical theories and traditions (e.g., virtue ethics, feminist ethics, Catholic social thought, deontological ethics, consequentialist theories, etc.) or the values grounding those traditions (e.g., autonomy, utility, etc.) to normatively assess individual, professional, and institutional decisions.· Analyze a contemporary ethical issue from multiple perspectives, including identifying potential biases on the basis of social location (e.g., historical, cultural, gender, racial, economic, religious, ability, etc.).· Develop, articulate, and defend a well-reasoned judgment on a particular ethical issue in business, demonstrating nuance and ambiguity, as well as clarity and precision, in your thinking and writing about moral problems, concepts, and ideals. These objectives will be achieved via your active participation in class, discussing the business cases presented in order to comprehend the concepts listed above. Additionally, the course term paper should address these concepts and demonstrate, via your writing, your understanding of them. Students are to select a topic about which they are personally passionate and which clearly depicts conflicts between business’s and society’s interests. Upon Professor’s emailed approval, students will prepare and submit a term paper (hard copy, single sided, double spaced, stapled, 12-20 pages) which clearly describes the conflicts; illustrates skill in applying the decision model taught in class, and proposes and defends a reconciliation of the issues described.