MGT 422 SEU Business Ethics and Organizational Social Responsibility Question

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Business Finance

MGT 422

Saudi electronic university

MGT

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‫المملكة العربية‬ ‫السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية‬ ‫اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment-2 MGT422 – Business Ethics and Organizational Social Responsibility Deadline: 20/11/2021 @ 23:59 Course Name: Business Ethics and Organizational Student’s Name: Social Responsibility Course Code: MGT422 Student’s ID Number: Semester: 1 CRN: Academic Year: 1442/1443 H For Instructor’s Use only Instructor’s Name: Suliman Alazzaz Students’ Grade: /Out of 5 Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). • Submissions without this cover page will NOT be accepted. Course Learning Outcomes-Covered Aligned PLOs Course Learning Outcomes (CLOs) MGT.M.3.2 The capacity to write coherent project about a case study or an actual research about ethics Assignment Instructions: Read this article about the Petrobras case (https://openstax.org/l/53Petrobras) https://www.theguardian.com/world/2017/jun/01/brazil-operation-car-wash-is-this-thebiggest-corruption-scandal-in-history Assignment Questions: (Marks 05) Read the above Article and answer the following Questions: 1. Do you think preventive measure could have been taken either by management or government? How would have they worked? (Not less than 600 words) 2.5-Marks 2. Is this case an example of a culture with different business ethics, how could corporations with international locations adjust for this type of issues or cases. (Not less than 600 words) 2.5-Marks Answers: 1. 2.
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‫المملكة العربية‬

Kingdom of Saudi

‫السعودية‬

Arabia

‫وزارة التعليم‬

Ministry of

‫الجامعة السعودية‬

Education

‫اإللكترونية‬

Saudi Electronic
University

College of Administrative and Financial Sciences

Assignment-2
MGT422 – Business Ethics and Organizational
Social Responsibility
Deadline: 20/11/2021 @ 23:59

Course Name:
Student’s Name:

Business Ethics and
Organizational Social Responsibility
Course Code: MGT422

Student’s ID Number:

Semester: 1

CRN:
Academic Year: 1442/1443 H

For Instructor’s Use only
Instructor’s Name: Suliman Alazzaz
Students’ Grade: /Out of 5

Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY
– PLEASE READ THEM CAREFULLY


The Assignment must be submitted on Blackboard (WORD

format only) via allocated folder.


Assignments submitted through email will not be accepted.



Students are advised to make their work clear and well presented,

marks may be reduced for poor presentation. This includes filling your
information on the cover page.


Students must mention question number clearly in their answer.



Late submission will NOT be accepted.



Avoid plagiarism, the work should be in your own words, copying

from students or other resources without proper referencing will result in ZERO
marks. No exceptions.


All answered must be typed using Times New Roman (size 12,

double-spaced) font. No pictures containing text will be accepted and will be
considered plagiarism).


Submissions without this cover page will NOT be accepted.

Course Learning Outcomes-Covered
Aligned

Course Learning Outcomes (CLOs)

PLOs
MGT.M.3.2

The capacity to write coherent project about a case study or an
actual research about ethics

Assignment Instructions:
Read this article about the Petrobras case (https://openstax.org/l/53Petrobras)

https://www.theguardian.com/world/2017/jun/01/brazil-operation-car-wash-isthis-the-biggest-corruption-scandal-in-history
Assignment Questions: (Marks 05)
Read the above Article and answer the following Questions:
1.

Do you think preventive measure could have been taken either by

management or government? How would have they worked? (Not less than 600
words) 2.5-Marks
2.

Is this case an example of a culture with different business ethics, how

could corporations with international locations adjust for this type of issues or cases.
(Not less than 600 words) 2.5-Marks

Answers:
Question 1:
Effective intervention measures could have been imposed by the management of the
Petrobas Company as well as the government to prevent the adverse corruption that led to the
embezzlement of approximately $ 5 billion. The management could have established proper
tendering guidelines to ensure that contracts were not overpaid; thus, minimizing possible
channeling of the shareholder's resources to corrupt executives and politicians. The
management further could have regulated money embezzlement practices adopted by the
directors of the company through conducting regular internal and external audits on annual
basis to establish how the resources of the company were utilized as well as track down
unnecessary payments made to insignificant projects. Through a review of their tendering
process and imposing transparent allocation of contracts that includes the general members of
the public would have reduced the issues associated with awarding contracts to close associates
of the corrupt executives. Similarly, through involving more individuals such as the board
member...


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