Law
BUS 241 University of Texas at Dallas Ethics In Business Discussion

BUS 241

University of Texas at Dallas

BUS

Question Description

I don’t know how to handle this Law question and need guidance.

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


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Final 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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University of Virginia

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