Please see notes below for week 2 assignment (April 13 - 17th).

This week we are going to look at acting and performing “Ethically” when developing and implementing business ventures.  Below are some key terms and two case studies to review so you can determine an “Ethical” course of action in each situation.  For each of the case studies, develop a detailed response that is well thought out and supports a solution to the challenge.

Part A: Key terms

Provide a description for each of these key terms and list an example for each term..

1)      Morality

2)      Ethics

3)      Fair Trade

4)      Ethical Trade

5)      Green Business

Part B: Ethical Case Study #1

You have completed interviews for a new and attractive position two weeks ago.  The chair of the search committee calls to say that you are the committee`s first choice and offers you a substantial raise over your current salary.  You agree to accept the offer and tell the chair that you will confirm by mail very shortly.  In the meantime, you tell your current boss about your decision.  Your boss comes back a few hours later with a counter offer that is better than the offer you received from the search committee.  What do you do?

Part C: Ethical Case Study #2

You and 3 other students from your institution are attending a National Convention.  The night before the group is scheduled to return to campus, one of your team members is arrested and is jailed.  Neither he, nor the other students have enough cash for bail and his parents cannot be reached to wire him money.  He begs you to lend him the organizations emergency cash so that he doesn’t have to spend the night in jail.  He says that he will repay you as soon as his parents send money.  The group is scheduled to leave at 8am, one hour before the Western Union Bank opens.  What do you do?

Any questions please email me:

david.morrison@nbed.nb.ca