Strategic Management 4e
4th Edition
ISBN: 9781260779646
Author: Frank T. Rothaermel
Publisher: Mc graw hill
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Chapter 12.4, Problem 4CC
Summary Introduction
Case summary:
The case explains about the massive growth of company U which made them get global recognition and the problems associated with company U. The valuation of the company is $8 billion in 2017. Despite the massive growth, the firm faces many ethical challenges due to lack of following ethical principles in its operations.
The company is said to disregard laws, rules and regulations in country U, following dynamic pricing system, poaching drivers, disregarding their own drivers, attacking critics, poisoning competitors goodwill and not responding properly to the lawsuits.
The problems of the company multiplied due to the lack of proper governance which made the CEO Person K resign. After his resignation, the company was expected to improve its ethical system and recover from its lawsuits. However, company U has its future for introducing self-driven vehicles.
To determine: Whether company U is the most ethically challenged company and justifications for the reasons.
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Essay
Instructions: Answer the following
What have you learned so Far?
1. Think of any private company of your choice and then visit its social media. Understand
their latest post. Does social media help promote CSR practices?
2. Give examples of internal and of external stakeholders of a
company.
3. Identify each level of CSR based on Carroll's CSR Framework.
2. Does YouTubes ethics differ from its practices?
3. Use the "Four View of Ethics" to compare to YouTubes practiced ethical behavior
CEOs are often tasked with selecting the most efficient level of ethical standards for the businesses they oversee." According to the unit, what considerations must CEOs make when determining the most efficient level of ethical standards for their businesses.
Carefully review the model of ethical choice which includes psychology, Economics, Business Ethics and Philosophy.
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- This case explores the growth of Tesla Inc., and in particular, the role of government subsidies in the growth of the company’s electric cars sales. Tesla, which in addition to its electric cars is also involved in energy storage, lithium ion batteries and solar panel making, was founded in 2003. The Tesla Roadster rocketed Tesla into consumer consciousness in 2008. As the world’s first electric sports car, Tesla’s Roadster changed the way people perceived electric cars. Today, Tesla, which has assets of $25 billion and sales of more than $7 billion, employs more than 30,000 people. Today, more than 150,000 Tesla Model S vehicles have been sold. The Model S, a luxury sedan, is the world’s best-selling electric car after the Nissan Leaf. Tesla has gone on to introduce several other models including one with a base price of just $35,000. Electric cars sales have been particularly strong in Europe, where sales of electric cars have grown by 30 percent overall and, and as much as 80…arrow_forwardThis case explores the growth of Tesla Inc., and in particular, the role of government subsidies in the growth of the company’s electric cars sales. Tesla, which in addition to its electric cars is also involved in energy storage, lithium ion batteries and solar panel making, was founded in 2003. The Tesla Roadster rocketed Tesla into consumer consciousness in 2008. As the world’s first electric sports car, Tesla’s Roadster changed the way people perceived electric cars. Today, Tesla, which has assets of $25 billion and sales of more than $7 billion, employs more than 30,000 people. Today, more than 150,000 Tesla Model S vehicles have been sold. The Model S, a luxury sedan, is the world’s best-selling electric car after the Nissan Leaf. Tesla has gone on to introduce several other models including one with a base price of just $35,000. Electric cars sales have been particularly strong in Europe, where sales of electric cars have grown by 30 percent overall and, and as much as 80…arrow_forwardThis case explores the growth of Tesla Inc., and in particular, the role of government subsidies in the growth of the company’s electric cars sales. Tesla, which in addition to its electric cars is also involved in energy storage, lithium ion batteries and solar panel making, was founded in 2003. The Tesla Roadster rocketed Tesla into consumer consciousness in 2008. As the world’s first electric sports car, Tesla’s Roadster changed the way people perceived electric cars. Today, Tesla, which has assets of $25 billion and sales of more than $7 billion, employs more than 30,000 people. Today, more than 150,000 Tesla Model S vehicles have been sold. The Model S, a luxury sedan, is the world’s best-selling electric car after the Nissan Leaf. Tesla has gone on to introduce several other models including one with a base price of just $35,000. Electric cars sales have been particularly strong in Europe, where sales of electric cars have grown by 30 percent overall and, and as much as 80…arrow_forward
- This case explores the growth of Tesla Inc., and in particular, the role of government subsidies in the growth of the company’s electric cars sales. Tesla, which in addition to its electric cars is also involved in energy storage, lithium ion batteries and solar panel making, was founded in 2003. The Tesla Roadster rocketed Tesla into consumer consciousness in 2008. As the world’s first electric sports car, Tesla’s Roadster changed the way people perceived electric cars. Today, Tesla, which has assets of $25 billion and sales of more than $7 billion, employs more than 30,000 people. Today, more than 150,000 Tesla Model S vehicles have been sold. The Model S, a luxury sedan, is the world’s best-selling electric car after the Nissan Leaf. Tesla has gone on to introduce several other models including one with a base price of just $35,000. Electric cars sales have been particularly strong in Europe, where sales of electric cars have grown by 30 percent overall and, and as much as 80…arrow_forward“An organization should follow a promote-from-within policy.” What are the advantages and disadvantages of a promote-from-within policy, and when should an organization utilize this practice? Explain.arrow_forwardManagement . Informed by this week's HBR articles, create and offer a list of 10-12 practical tips on "Ethical Influence." The articles provide helpful information that you should utilize to form your own practical tips in an innovative manner. Please be sure to include your in-text citations.arrow_forward
- The directors picked you. Advise them on the possible governance causes of such ethicalbehaviour by the employees of ABC Limited.arrow_forwardWhen police set up sobriety checkpoints, they aim to lessen drunk driving and save lives. While not required, the makers of apps that help users navigate around the checkpoints have complied with government and consumer group requests for them to cease operating their apps. After studying about ethics and social responsibility, which statement applies to this situation? Multiple Choice App developers no longer operating are acting philanthropically toward government. App developers that keep operating are showing corporate social responsibility because they demonstrate a primary concern for their investors. App developers that keep operating are acting both legally and ethically. Laws represent the minimum guidelines that companies must follow, whereas a company's ethical stantim may venture beyond the minimum level of compliance.arrow_forwardWhat are Facebook's corporate governance implications? Do Facebook's policies create value?arrow_forward
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