|BU113: Critical Thinking and Communication in Business
Globalization Stakeholder Analysis Assignment
The Assignment: Due
Students will write a critical analysis of the impact of globalization
on a particular stakeholder group. It includes an ethical analysis of
core values involved. These will frame the conversation for a class
discussion. As source material for this assignment, students will read
several assigned articles as well as find at least two more relevant
articles. Stakeholder groups include the following:
What interest does it have in encouraging U.S. companies to
purchase some of their goods overseas, contributing to the
economic development of our foreign trade partners but
potentially hurting some U.S. companies (and their employees)?
Retailers in U.S. and Europe –
What interest do they have in trying to find lower-cost goods to
Foreign governments –
What interest do they have in attracting multinational companies
who wish to purchase items produced inexpensively in their
American consumers –
What interest do they have in being offered lower-priced goods
produced by suppliers in low-wage countries?
companies with suppliers in low-wage countries –
What interest do they have in using suppliers in low-wage
Workers in low-wage countries –
What interest do they have an interest in seeking out jobs in
the factories which are supplying large retailers in the
U.S. and Europe (even though wages are low and working
conditions are at times very harsh)?
companies in the industry involved in the controversy who
manufacture in U.S. and compete with imports –
What interest do they have in limiting their competitors’ use of
suppliers from low-wage countries?
U.S. companies not directly involved in the specific industry in
which a controversy is occurring but who do business or may do
business in the countries involved –
What interest do they have in seeing countries like Bangladesh
become more wealthy as a result of exporting garments, textiles
etc. to the U.S. and Europe?
Assigned articles are linked below
and also posted in Canvas:
Banjo, S., & Al-Mahmood, S. Z. (2013,
Oct. 11, 2013). World news: Bangladesh racks up exports--garment
trade keeps growing despite accidents, concerns over workers'
Street Journal, p.
A.11. Retrieved from http://library.smcvt.edu/login?url=http://search.proquest.com.library.smcvt.edu/docview/1441228743?accountid=13909
Bustillo, M., Wright, T., & Banjo, S. (2012, Nov. 30, 2012).
Tough questions in fire's ashes: Blaze in Bangladesh reveals
troubles Wal-mart, others face in policing factories. Wall
Street Journal, p.
B.1. Retrieved from http://library.smcvt.edu/login?url=http://search.proquest.com.library.smcvt.edu/docview/1220767747?accountid=13909
Francis, L. (2008, Mar. 10). Biman to
order 777s and 787s. Flightglobal.
Hashin, F. (2013, April 15). Regent
Airways on track to receive first 737 in May. Flightglobal.
Part 1: The Impact of Globalization
on a Stakeholder Group (see groups above)
- How has globalization
affected your particular stakeholder group?
Part 2: Objectives of Stakeholder
- What does your stakeholder group
- Why? What are their main arguments
supporting their objectives?
- Discuss any actions taken by your
stakeholder group to deal with globalization.
Part 3: Ethical
Values and Dilemmas
- What core ethical values (pillars of
character/ethical norms as outlined by the Josephson
Institute of Ethics <www.josephsoninstitute.org>)
relate to your stakeholder group? Explain how these values relate.
- Are there any ethical dilemmas with
respect to the needs and objectives of your stakeholder group? Discuss
the core ethical values or norms in conflict.
- How do you think your stakeholder
group should respond to globalization issues?
- Analyze actions taken or recommended
actions using at least two (or more) of the 7 Guidelines for Making
Ethical Decisions (see below).
Use memo format. Remember to use section headings.
- Begin with an introduction that
states the purpose of the paper and end your paper with a conclusion that
summarizes the key points you addressed.
in-text citations: Include at least 5 in-text citations and
5 references. All in-text citations must have a reference, and you
should only list references which are cited in the text. Use the
library databases to find authoritative and credible sources.
- Use Citation
of Electronic Resources <http://academics.smcvt.edu/cbauer-ramazani/BU113/citation_electr_references.htm>)
as a guide for in-text and reference citations.
Reference Citations –
You may use the following methods to create your Reference List:
A. Use the APA citation given from your library database search.
B. Use a citation
"build" a citation or use the Library's
link to a citation builder
C. Refer to the APA Manual in the library or the APA
Spell-check your paper and proofread it
sentence fragments or run-on sentences, and mechanics (format,
7 Guidelines for Making Ethical Decisions
(Choose the guidelines appropriate for your case.)
- The Golden Rule: Act in a way you would expect others to act toward you.
- The Utilitarian Principle: Act in a way that results in the greatest good for the greatest number of people.
- Kant’s Categorical Imperative: Act in such a way that the action taken under the circumstances could be a universal law, or rule of behavior.
- The Professional Ethic: Take actions that would be viewed as proper by a disinterested panel of professional peers.
- The TV Test: Managers should always ask, “Would I feel comfortable explaining to a national TV audience why I took this action?”
- The Legal Test: Is the proposed action or decision legal/? Established laws are generally considered minimum standards for ethics.
- The Four-way Test: Managers can feel confident that a decision is ethical if they can answer “yes” to the following questions:
- Is the decision truthful?
- Is it fair to all concerned?
- Will it build good will and better friendships?
it be beneficial to all concerned?
Please see the evaluation criteria in the
Rubric for the Globalization Stakeholder Analysis Assignment.