Please provide a response to the discussions below, a minimum of 2-3 paragraph, 250 or more words per response if necessary, 2 separate references for each post, list them right after each response, APA single space with
Please don’t just add words for the count. Please make sure every word provide substance to the answer even if it’s not 250 or more words. I’m looking for substance not a word count. I try to pay for enough pages/words to ensure that the subjects/answers are covered completely. Feel free to use more words in some discussions and less in others if it requires you to do so. I just want to make sure the questions are covered. Thanks for your help. More work to come.
Human Resource Management
Week 4 Discussions & Learning Activities Feb 1-7
Discussion #1
Visit Web sites of a company you might be interested in working for. Name the company and list its URL.
Review the benefits they offer.
Does the compensation plan motivate you? Why or why not?
What types of compensation and benefits motivate you? Which ones motivate you to want to work with and stay with the organization?
Name at least four benefits.
Where would these fit on Maslow’s hierarchy of needs and Herzberg’s two-factor theory?
Discussion #2
Perform an Internet search of average employee turnover cost and report findings from at least three different industries or companies. Name the companies or industries and provide the URLs to these Web sites.
Ethics
Learning Activity 1:
Read the scenario below and respond to the questions following.
Scenario: Company X, a multinational manufacturing company based in the US, produces and sells boxed cereals. X grows some of the grain used in its cereals, and buys the other ingredients for its products from suppliers in the US and overseas. X has an existing Corporate Social Responsibility (CSR) program called Breakfast First through which it donates cereal products to homeless shelters, and to the Red Cross for distribution to areas where needed; . X is considering spending even more money to to create one or two new CSR programs.
Assume the role of Milton Friedman addressing top management and the Board of Directors for Company X. Friedman’s role is to recommend against the new CSR programs for X; he must explain and justify his theory that the “business of business is business…” and the primary focus of a business is maximizing profits is also ethical.
You might want to write your response in the form of a memorandum to management and the Board of Directors from Friedman OR simply write your response in an essay/speech type format.
Refer to other ethical theories if appropriate, cite to at least 3 assigned materials from week 4 in your response. In addition, you may cite to assigned materials from prior weeks.
Respond in 3-4 paragraphs.
References for this discussion:
http://www.forbes.com/sites/dougguthrie/2012/01/31/paying-more-than-lip-service-to-business-ethics/#5f8d7f89750c
https://hbr.org/1986/07/why-good-managers-make-bad-ethical-choices
http://www.mhlearningsolutions.com/columbia_southern/0078134536/ch10.PDF
http://e-businessethics.com/wp-content/uploads/The-Last-Interview-with-Ken-Lay.pdf
http://sloanreview.mit.edu/article/combining-purpose-with-profits/
Learning Activity 2:
Read the scenario below and respond to the questions following.
Scenario: You have been the Chief Financial Officer (CFO) for a large pharmaceutical company for 15 years. The Company’s year-end is March 31 and you are finishing the year end accounts.
You have recently been advised by the Chief Operating Officer (COO) of a significant level of slow moving stock. The stock in question is now more than nine months old and would normally have been written down some months previously.
The shareholders are trying to sell the Company and the Chief Executive Officer (CEO), who is also the majority shareholder, has told you that it is not necessary to write down the stock in the year end accounts. You are sure that the CEO wants the financial statements to carry an inflated stock valuation because he has found a prospective buyer for the Company. The CEO has mentioned to you that if the proposed deal is successful, all employees will keep their jobs and you will receive a substantial pay increase.
What are the ethical implications/specific ethical issues in this scenario?
Please refer to Toolbox and review examples of ethical issues v dilemma etc; ethical issues are specifically defined words or phrases, i.e., respect for human life, etc.
Respond in 2-3 paragraphs.
What would you decide in this case and why?
Address all internal stakeholders (employees, shareholders) in your response. Address any ethical theories that might support your decision.
Respond in 3-4 paragraphs.
