(Mt) – mgt 422 ass 2

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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 Business Ethics and Organization Social Responsibility (MGT 422) Due Date: 12/11/2022 @ 23:59 Course Name: Business Ethics and Organization Social Responsibility Course Code: MGT 422 Student’s Name: Semester: Second CRN: Student’s ID Number: Academic Year:2022-23-1st For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of 15 Level of Marks: High/Middle/Low General Instructions – 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. Learning Outcomes: No CLO-4 CLO-6 Course Learning Outcomes (CLOs) Illustrate the role of social responsibility in the functional areas and strategic processes of business and a comprehensive framework for analyzing and resolving ethical issues and dilemmas in an organization. Write coherent project about a case study or actual research about ethics Read the case given and answer the questions: Grace The W. R. Grace Company was founded by, yes, a man named W. R. Grace. He was Irish and it was a shipping enterprise he brought to New York in 1865. Energetic and ambitious, while his company grew on one side, he was getting civically involved on the other. Fifteen years after arriving, he was elected Mayor of New York City. Five years after that, he personally accepted a gift from a delegation representing the people of France. It was the Statue of Liberty. The W. R. Grace Company was founded by, yes, a man named W. R. Grace. He was Irish and it was a shipping enterprise he brought to New York in 1865. Energetic and ambitious, while his company grew on one side, he was getting civically involved on the other. Fifteen years after arriving, he was elected Mayor of New York City. Five years after that, he personally accepted a gift from a delegation representing the people of France. It was the Statue of Liberty. In 1945, grandson J. Peter Grace took control of the now worldwide shipping company. A decade later, it became a publicly traded corporation on the New York Stock Exchange. The business began shifting from shipping to chemical production. By the 1980s, W. R. Grace had become a chemical and materials company, and it had come to light that one of its plants had been pouring toxins into the soil and water underneath the small town of Woburn, Massachusetts. The poisons worked their way into the town’s water supply and then into the townspeople. It caused leukemia in newborns. Lawsuits in civil court, and later investigations by the Environmental Protection Agency, cost the corporation millions. J. Peter Grace retired as CEO in 1992. After forty-eight years on the job, he’d become the longest-reigning CEO in the history of public companies. During that time, he also served as president of the Grace Institute. The nonfiction novel A Civil Action came out in 1996. The best-selling, award winning chronicle of the Woburn disaster soon became a Hollywood movie. The movie, starring John Travolta, continues to appear on television with some regularity. To honor the Grace Institute, October 28 was designated “Grace Day” by New York City in 2009. On that day, the institute defined its mission this way: “In the tradition of its founding family, Grace Institute is dedicated to the development of the personal and business skills necessary for self-sufficiency, employability, and an improved quality of life.” “Our Mission,” Grace Institute, accessed June 1, 2011, http://www.graceinstitute.org/mission.asp. QUESTIONS 1. a. How are business leaders meant to organize the four responsibilities? Which ones take precedence over the others and why? (4 marks) b. Judging the man named W. R. Grace through the lens of CSR, how well did he respond to his obligations? Explain. (2.5 marks) c. Judging the company’s more recent activities in the 1980s through the lens of CSR, how well did it respond to its obligations? Explain. (2.5 marks) 2. The W. R. Grace company has a long history. From the information provided, what are some of the steps the company has taken to become economically sustainable? What are some of the steps the W. R. Grace company has taken to promote social sustainability? Explain. (6 marks) Answers: 1.

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