Assignment :
Responsibilities to Stakeholders
Introduction to Business Administration
Instructions
The main content of your report will be:
Situation Description and Initial Judgement
Business Leader Profile on Elon Musk
Business Leader Profile on Warren Buffett
Responsibilities to Stakeholders
Reflection
Additionally, you will have a Title Page, Table of Contents Page, and a Bibliography page, for a total of nine pages. (20 marks)
Situation Description and Initial Judgement (one page, ~ 10% weight)
Watch the video “Musk vs. Buffett, a Solar War in the Desert Heats Up” (Withers)
For the Bloomberg video, see
https://www.bloomberg.com/news/videos/2016-01-
28/musk-vs-buffett-a-solar-war-in-the-desert-heats-up
If the above link does not work, try YouTube: https://youtu.be/YGGk90YljhQ • And if all else fails try Microsoft Stream:
https://web.microsoftstream.com/video/42e68f64-6085-44d3-9bc4-791fa69787e5
Summarize the video story and identify the main issue in one or two paragraphs.
In another paragraph, briefly describe whose side you would take. Your decision is to be based on your initial feelings and personal values.
Elon Musk (one page, ~ 20% weight)
6. Using at least five quality sources,4 research and develop a profile on Elon Musk which could include:
Background, education and career
Achievements (i.e. What makes him famous?)
Activities outside of work (Causes/ Philanthropy/ Interests) • Etc.
Business Leader Profile on Warren Buffet (one page, ~20% weight)
7. Similarly, using at least five quality sources, research and develop a profile on Warren Buffett which could include:
Background, education and career
Achievements (What makes him famous?)
Activities outside of work (Causes/ Philanthropy/ Interests)
• Etc.
Responsibilities to Stakeholders (one to two pages, ~20% weight)
Use the concepts of “Justice”, “Individual Rights” (Wade 42-43) and “Responsibilities to Stakeholders” (Wade 50-54) from the textbook’s Chapter 2 Business Ethics to assess the situation and determine “which billionaire will triumph” (Withers ~ 7:34).
Pretend you are the Nevada Public Utility Commission (NPUC)
Subheadings and / or paragraphs discussing:
Investors
Customers
Communities
Environment
Employees
Research what happened in the real world. What did NPUC decide to do?
This means researching what happened since the video was released. Finish with a paragraph about whether the “Justice”, “Individual Rights” and “Responsibilities to Stakeholders” were useful in predicting the outcome and why (or why not).
Reflection (half page, ~10% weight)
10. What did you learn from this assignment? Did you gain any insights about ethics? Did you develop any skills?
Works Cited (~ 10% weight)
11. Use Microsoft Word’s Reference feature to manage your in-body citations and create our Works Cited section. There should be at least 12 listings, i.e. a minimum of five each for Musk and Buffet, one for what really happened, and the textbook.
Appendix: Checklist
Review this list to ensure you’ve completed the components of the assignment.
Title Page (~ 5% weight)
Assignment Title
Names of student
Student Number
Course Code and Section
Due Date
Professor’s Name
Table of Contents (~ 5% weight)
Created using Microsoft Word’s functionality
Appropriate number of levels Updated before saving file
Situation Description and Initial Judgement
(~ 10% weight)
Starts on a new page
Summarizes the video in one or two paragraphs and clearly identifies the ethical issue
The report describes your initial decision based on your feelings
Fits on one page
Business Leader Profile on Elon Musk (~ 20% weight)
Starts on a new page
Summary is written in your own words
Has at least five quality sources
All sources are properly cited
Fits on one page
Business Leader Profile on Warren Buffett
(~ 20% weight)
Starts on a new page
Summary is written in your own words
Has at least five quality sources
All sources are properly cited
Fits on one page
Responsibilities to Stakeholders (~ 20% weight)
Starts on a new page
Discusses all stakeholders with respect to Justice and / or Individual Rights
Describes NPUC’s initial decision
Describe Nevada now
Conclusion
All sources are properly cited
Fits on two pages
Reflection (~ 10% weight)
Starts on a new page
Does NOT repeat the content of the report but is NEW content about what you learned
Answers the three questions:
What did you learn from this assignment?
Did you gain any insights about ethics?
Did you develop any skills?
Works Cited (~ 10% weight)
Starts on a new page
Created using the Reference features of
Microsoft Word
https://openstax.org/books/introduction-business/pages/2-introduction
