BU113: Critical Thinking and Communication in Business
Prof. Bauer-Ramazani 
 

  Globalization Stakeholder Analysis Assignment


The Assignment: Due March 25

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:

U.S. government –  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 sell?

Foreign governments – What interest do they have in attracting multinational companies who wish to purchase items produced inexpensively in their countries?

American consumers – What interest do they have in being offered lower-priced goods produced by suppliers in low-wage countries?

U.S. companies with suppliers in low-wage countries – What interest do they have in using suppliers in low-wage countries?

 

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)?

U. S. 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?

Other 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' rights. Wall Street Journal, p. A.11. Retrieved from http://library.smcvt.edu/login?url=http://search.proquest.com.library.smcvt.edu/docview/1441228743?accountid=13909 (Links to an external site.)

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 (Links to an external site.)

Francis, L. (2008, Mar. 10). Biman to order 777s and 787s. Flightglobal. Retrieved fromhttp://www.flightglobal.com/news/articles/biman-to-order-777s-and-787s-222111/ (Links to an external site.)

Hashin, F. (2013, April 15). Regent Airways on track to receive first 737 in May. Flightglobal. Retrieved fromhttp://www.flightglobal.com/news/articles/regent-airways-on-track-to-receive-first-737-in-may-384647/ (Links to an external site.)

 

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 Group

  • What does your stakeholder group want?
  • 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

Part 4: Recommendations

  • 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).

Writing Guidelines

  1. Format: Use memo format. Remember to use section headings.
  2. 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.
  3. References and 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.
  4. Use Citation of Electronic Resources (Links to an external site.) <http://academics.smcvt.edu/cbauer-ramazani/BU113/citation_electr_references.htm (Links to an external site.)>) as a guide for in-text and reference citations. 
  5. 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 engine (Links to an external site.) to "build" a citation or use the Library's link to a citation builder (Links to an external site.) 
     C.  Refer to the APA Manual in the library or the APA Online Guide (Links to an external site.).
  6. Spell-check your paper and proofread it for wordiness, sentence fragments or run-on sentences, and mechanics (format, punctuation).

 

7 Guidelines for Making Ethical Decisions
(Choose the guidelines appropriate for your case.)

  1. The Golden Rule:  Act in a way you would expect others to act toward you. 
  2. The Utilitarian Principle: Act in a way that results in the greatest good for the greatest number of people.
  3. 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. 
  4. The Professional Ethic: Take actions that would be viewed as proper by a disinterested panel of professional peers.
  5. The TV Test: Managers should always ask, “Would I feel comfortable explaining to a national TV audience why I took this action?”
  6. The Legal Test: Is the proposed action or decision legal/?  Established laws are generally considered minimum standards for ethics.
  7. 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?
    • Will it be beneficial to all concerned?

Please see the evaluation criteria in the Rubric for the Globalization Stakeholder Analysis Assignment.