Description
Directions:
1. View the video https://www.learner.org/series/ethics-in-america-ii/risk-reward-responsibility-ethics-in-business/
2. According to the video, if you are a board member of a corporation, who do you owe your loyalty to? Please respond to one of the following questions:
- Is there a difference between the company, the shareholders, or to society at large?
- As business executives, can you engage in actions that are not illegal and that might help the company but you are personally offended by on moral grounds?
- Do you find a difference between the two or three different scenarios presented in terms of how you would react? Why?
3. Post your answer below.
4. Reply to at least two of your classmates using the discussion grading criteria.( updating later )
Grading Criteria
Points
Discussion Forum Response
- Addressed all requirements/answered all questions.
- Wrote substantive postings of 1 or 2 paragraphs (6 - 8 sentences) for each.
10 points
Use of Terms and Ideas Learned
- Used terms from chapter correctly where appropriate.
- Used ideas from chapter correctly (with citation) to clarify, explain, or support an argument.
5 points
Contribution to Discussion
- Replied in thoughtful, meaningful, and helpful ways.
- Advanced the discussion whenever possible.
5 points
Response to posting of other students
- Responses to posting of two students
5 points
Explanation & Answer
Attached.
Running head: ETHICS IN BUSINESS
1
Ethics In Business
Student’s Name
Institutional Affiliation
ETHICS IN BUSINESS
2
Ethics In Business
According To The Video, If You Are A Board Member Of A Corporation, Who Do You
Owe Your Loyalty To?
As a board member, I owe my loyalty to the shareholders. Shareholders are the owners of
the business, and therefore they should influence business operations. Therefore, as a board
member, I should ensure that the company is working towards maximizing shareholders' value.
Through this, I can becom...
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