Business Ethics and Stakeholder Theory

 

  • Watch the video titled, “The Case for Business Ethics” (also available below). Next,  go to the Society for Human Resource Managers’ (SHRM) Website and read  the “SHRM Code of Ethical and Professional Standards in Human Resources  Management,” located at http://www.shrm.org/about/pages/code-of-ethics.aspx.  Then, assess the importance of business ethics to today’s  organizations. Suggest two (2) actions that human resources can take in  order to influence positive ethics in an organization. Provide a  rationale for your response.
  • From  the case study, give your opinion on which theory you believe dominates  business today, and explain why. Take a position as to whether or not  you believe Monsanto was successful in its effort to meet stakeholder  interests. Provide one (1) example of Monsanto’s effort to meet  stakeholder interests to support your position.https://www.youtube.com/watch?v=FySbm7JR744&feature=youtu.be
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