WACC100 Macquarie Volkswagen Emission Scandal Case Study Report

User Generated

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Business Finance

WACC100

Macquarie University

Description

159. Follow the instruction to write 1000words case study

All the work must be original

Turnitin report is required

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MACQUARIE UNIVERSITY INTERNATIONAL COLLEGE ASSESSMENT WACC100 ACCOUNTING IN SOCIETY ASSESSMENT DETAILS Unit Name: Assessment Task: Total # Pages: Due: Accounting in Society Case Study 6 Total Marks: 50 marks 5pm Monday of Week 3 Unit Code: Term & Year: Weighting: WACC100 Term 2, 2019 15% NATURE OF THE TASK This is an individual assessment task. You are required to complete a research-based case study. This will encourage you to explore ethical issues in business, using materials outside the unit texts. INSTRUCTIONS Choose one of the corporate cases, listed below, that has attracted media attention due to ethical issues: • • • • • • Bernard Madoff Ponzi scheme Bre-X Volkswagen Turing Pharmaceuticals Parmalat Adelphia Communications A zero mark will be awarded for this assessment task if a student uses a corporate case which is not listed above. If you are a repeating student, you should choose a Case Study that is different from the one you attempted before in order to avoid possible self-plagiarism issues. Use the Internet, newspapers, and business magazines to conduct a research for your chosen corporate case. You should produce a 1,000 word essay (excluding the reference list) to address the following points, using the case you have chosen from the list above: 1. Provide an overview of the company’s background, i.e. its business operations, etc. 2. What ethical issue has arisen? Clearly explain the ethical dilemma faced by the involved parties. 3. Clearly identify and evaluate the stakeholders that were impacted by the ethical issue. 4. Was the decision made by the involved parties ethical? How would the business be positively/negatively impacted by the decision? Explain your answer. 5. Detail your original view on business ethics. How has your view changed after attending lessons and completing this case study assignment? Explain the differences and/or similarities to your original view. 1 HOW TO PRESENT YOUR ASSIGNMENT A copy of the marking criteria rubric for this assessment has been placed in iLearn (Assessment Section) and can be found in the Marking Criteria section later in this document. Length: 1,000 words excluding references. Structure: use essay structure (i.e. introduction + main body + conclusion + reference list). Formatting: standard 12 point font, 1.5 line spacing, and side margins 2.5 wide. Referencing: all sources (i.e. the work and ideas of others) cited and referenced using the Harvard referencing system. You need to provide both in-text references and the reference list. SUBMISSION INSTRUCTIONS This assessment must be submitted via Turnitin in iLearn. Hard copies will not be accepted or marked. Guidance on how to submit a Turnitin assignment may be accessed from http://mq.edu.au/iLearn/student_info/assignments.htm#turnitin. If you cannot access or view your submission via Turnitin in iLearn, you have not correctly submitted your work and will need to do so prior to the due date. (If you require assistance submitting through Turnitin, you may lodge a OneHelp Ticket or refer to the IT help page.) You may make several submissions via Turnitin to check your work for plagiarism and make adjustments accordingly up until the due date. If you submit again after the due date your submission will be counted as a late submission and penalties will apply (see below). Please note that for a first-time submission the similarity report will be available immediately but for any subsequent submissions it will take 24 hours for the similarity report to be generated in Turnitin. Please note that it is your responsibility to: • allow sufficient time for submission of your work and any uploading of documents so try to avoid submitting your work just prior to the deadline. • ensure that you make the correct submission and that your document can be viewed in Turnitin. Please also note that technical issues such as an internet outage or computer failure are not considered grounds for special consideration. For further details please check the Special Consideration Policy. LATE SUBMISSIONS Late submissions are possible but they will be penalised unless the student has been granted an approved extension (refer to the Special Consideration Policy.). Late penalties will be calculated based on the marks allocated to the specific assessment task. For details of the late submission penalties, please check the Unit Guide. Please note that online submissions are electronically tracked, and the electronic record of submission will be used to determine late penalties. This means that submitting your work even a few seconds after the allocated deadline will result in a late submission which will attract the penalty noted above. There is no flexibility with the applying of penalties as they must be applied fairly and consistently to all students. It is your responsibility to allow sufficient time for submission of your work and any uploading of documents so try to avoid submitting your work just prior to the deadline. 2 RETENTION OF RECORDS Students are required to keep a copy of all items submitted or completed for the purpose of assessment or evaluation until the end of the grade appeal period. FEEDBACK Feedback will be provided via Turnitin in Feedback Studio before Week 6. Marks will be available in Gradebook. ACADEMIC INTEGRITY Using the work or ideas of another person, whether intentionally or not, and presenting them as your own without clear acknowledgement of the source is called Plagiarism. Macquarie University promotes awareness of information ethics through its Academic Integrity Policy. This means that: • • • • all academic work claimed as original must be the work of the person making the claim all academic collaborations of any kind must be acknowledged academic work must not be falsified in any way when the ideas of others are used, these ideas must be acknowledged appropriately. All breaches of the Academic Integrity Policy are serious and penalties apply. Students should be aware that they may fail an assessment task, a unit or even be excluded from the University for breaching the Academic Integrity Policy. EXPECTATIONS OF STUDENTS Students are responsible for their learning and are expected to: • • • • • • actively engage with assessment tasks, including carefully reading the guidance provided, understanding criteria, spending sufficient time on the task and submitting work on time; Read, reflect and act on feedback provided; Actively engage in activities designed to develop assessment literacy, including taking the initiative where appropriate (e.g. seeking clarification or advice, negotiating learning contracts, developing grading criteria and rubrics); Provide constructive feedback on assessment processes and tasks through student feedback mechanisms (e.g. student surveys, suggestions for future offerings, student representation on committees); Ensure that their work is their own; and Be familiar with University policy and faculty procedures and act in accordance with those policy and procedures. MARKING CRITERIA Your essay will be marked considering: Demonstrating the ability (1) to find out relevant materials, (2) to identify and explain issues, (3) to apply relevant concepts to analyse issues, (4) to review your own understanding of business ethics and (5) writing skills. You should get to the point and avoid wordy repetitions (i.e. be succinct and clear) and reference the appropriate paragraphs of relevant regulations/standards or other sources you refer to. You must avoid copying or stringing together lengthy quotes leaving little said in your own words. Please refer to the marking rubric on the next page for specific guidance on marking criteria and standards. 3 WACC100 Case Study Marking Rubric (50 marks) Relevance - ability to find out relevant materials 5 marks Articulation ability to identify and explain ethical issue(s) 10 marks Analysis - ability to apply relevant concepts to analyse issue(s) Not attempted Fail Not attempted or entirely/significantly plagiarised from other sources. OR The case chosen is not from the specified list for the assignment. 0 marks The case chosen is from the specified list but no information is provided or the information is completely irrelevant. Not attempted or entirely/significantly plagiarised from other sources. OR The case is not from the specified list for the assignment. 0 marks Issue is not clearly identified, explanation is unclear, insufficient and/or not succinct. Not attempted or entirely/significantly plagiarised from other sources. OR The case is not from the specified list for the assignment. 0 marks Concepts used in the analysis are insufficient, irrelevant and/or inappropriate; the exploration of the issue is unclear and/or insufficient. 15 marks Critique - ability to review your own understanding of business ethics 10 marks Writing skills (including formatting, structure, clarity, grammar, spelling, etc.) 10 marks Pass 1 mark 3 marks 5 marks Not attempted or entirely/significantly plagiarised from other sources. OR The case is not from the specified list for the assignment. 0 marks The review is inadequately undertaken and/or insufficient, irrelevant discussion is provided. Not attempted or entirely/significantly plagiarised from other sources. OR The case is not from the specified list for the assignment. The essay is not structured in a logical way. Numerous grammatical, punctuation, and/or spelling errors/typos. Style and tone are not professional. 0 marks 3 marks 3 marks The case chosen is from the specified list but limited information is provided or most information is irrelevant. 2 marks Issue is identified generally well, explanation is generally clear yet insufficient and/or not succinct. 5 marks Issue is analysed using some relevant concepts to develop a generally clear and/or sufficient exploration of the issue. 8 marks The review is generally adequate. Generally sufficient discussion on the changes/insights in your understanding of business ethics is provided yet some discussion is irrelevant. 5 marks The essay has some structure. Organisation of sections and paragraphs is generally clear. Several grammatical, punctuation, and/or spelling errors/typos. Style and tone are generally professional. 5 marks Credit Distinction The case chosen is from the specified list. Fairly sufficient information is provided, but some information is irrelevant or information is omitted. 3 marks The case chosen is from the specified list. Mostly sufficient and relevant information is provided. Issue is identified reasonably well, explanation is generally clear, fairly sufficient and/or generally succinct. 7 marks Issue is clearly identified, explanation is mostly clear, sufficient and/or mostly succinct. 8 marks 10 marks Issue is analysed using sufficient relevant concepts to develop a reasonably clear and/or sufficient exploration of the issue. Issue is analysed using a broad range of relevant concepts to develop a comprehensive exploration of the issue, demonstrating some original/innovative/ advanced insight into the issue. 12 marks Issue is analysed using an extensive range of relevant concepts to develop a comprehensive exploration of the issue, demonstrating significant original/innovative/advanced insight into the issue. 15 marks The review is comprehensive. Mostly sufficient and relevant discussion on your changes/insights in the understanding of business ethics is provided, demonstrating great critical thinking skills. 8 marks The review is sophisticated and comprehensive. Highly sufficient and relevant discussion on your changes/insights in the understanding of business ethics is provided, demonstrating excellent critical thinking skills. 10 marks The essay is well structured. Organisation of sections and paragraphs is clear. No/few grammatical, punctuation, and/or spelling errors/typos. Style and tone are mostly professional. The essay is well structured. Organisation of sections and paragraphs is clear with excellent flow. No/few grammatical, punctuation, and /or spelling errors/typos. Style and tone are professional. 10 marks The review is reasonably adequate. Fairly sufficient and relevant discussion on your changes/insights in the understanding of business ethics is provided, demonstrating good critical thinking skills. 7 marks The essay has a clear structure. Organisation of sections and paragraphs is clear. Occasional grammatical, punctuation, and/or spelling errors/typos. Style and tone are reasonably professional. 7 marks High Distinction 4 marks 8 marks The case chosen is from the specified list. Highly sufficient and relevant information is provided. 5 marks Issue is clearly identified, explanation is clear, comprehensive and highly succinct. 10 marks FREQUENTLY ASKED QUESTIONS Please read this section carefully before contacting your teacher with any queries. 1. Where can I get help to write up my essay? You can: a) Use StudyWISE provided on iLearn (In StudyWISE, you will explore the structure of an essay, you can also look at some examples of real Macquarie students’ essays). http://ilearn.mq.edu.au/mod/page/view.php?id=3014441; or b) Attend learning skills workshops – it is free https://students.mq.edu.au/support/study/skills-development/workshop-calendar; or c) Ask a learning adviser in the Library 2. I have done something similar in my other units/previous study. Can I use my previous work for this assignment? No. You are required to submit a new work for this assignment, this means it is best to choose a new case study to analyse this term. Submission of a work previously submitted is considered as self-plagiarism, i.e., academic misconduct. 3. In the Instructions, the 5th question requires us to detail our original view on business ethics. Does this mean we are supposed to use the first person in answering this question? Yes. Please use the first person in answering this question. 4. Can I reference the WACC100 learning and teaching materials (e.g. use the definitions provided in the lesson materials)? Yes, you can. You need to use proper referencing though. 5. Do I need a cover page for the assignment? No. You don’t need to have a cover page for your assignment. 6. How do I know if my Turnitin submission is successful? The confirmation message that pops up on the screen once your assignment has been submitted is NOT sufficient evidence of a successful submission of the correct document. You need to check your submission by clicking on the Turnitin submission link and then click on the document you have uploaded to open it up in Turnitin. If the document opens up in Turnitin, you can read it and you have checked that it is the correct document, then it has been submitted successfully. 7. By how much can I go over or under the number of words requirement? The minimum number of words is 1,000. However, you are allowed to go over by 10% (i.e. 1,100) maximum. 8. What is the correct structure of an essay? The correct structure of an essay should contain three parts: an introduction, the main body, and the conclusion. 5 In the introduction, you should provide a statement about the purpose of the essay (i.e. what is this essay about, why is ethics important, what are you going to say in the main body of the essay). In the main body of the essay, you are expected to address each of the questions in a separate paragraph. The first sentence of each paragraph should be the topic sentence which outlines the central idea to be developed in the paragraph. The remainder of the paragraph should provide information and evidence that help explain your position set out in your topic sentence. The last part of the essay is the conclusion. An effective conclusion should restate the purpose of the essay, remind readers what has been discussed in the main body of the essay and make your final conclusion. Again, detailed guidance on how to write an essay is provided on StudyWISE on iLearn. 6
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References


1
Volkswagen Emission Scandal
Introduction
Volkswagen is a German automobile company that had been very popular in all corners of the
world before it was entangled in an ethical scandal in 2015 after the Environmental Protection
Agency (EPA) discovered that it had installed software in it cars that could detect when emission
tests were being run and activate pollution controls that could ensure that the cars met the quality
standards required by the law. The company faced several adverse consequences due to this
scandal, running significant losses and ruining the trust of several stakeholders. This paper will
provide a detailed analysis of the VW ethical scandal, as well as the impacts it had on the
stakeholders and how the decisions that were made by the management escalated the issue into the
global ‘disaster' that it turned out to be.
Company Background
Since its initial founding years as Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH
in 1937, Volkswagen has faced several scandals and controversies. The company was solely
founded for the Nazi party leader Adolf Hitler and his ideas of producing a large number of
vehicles that were affordable for the average German citizens. The original Volkswagen factory
was founded in 1938, with its initial production being the Volkswagen Beetle model, which has
garnered significant popularity in the modern day. The production of the popular Beetle model
was funded by the deductions from the manufacturing workers' payrolls, with the promise...


Anonymous
Just what I was looking for! Super helpful.

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