Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Page 1 of 8 BUGEN 5930 – Business, Society and the Planet Final Assessment Task - Individual Written Assignment 1. Assessment Overview Your final assessment task for BUGEN 5930 – Business, Society and...

1 answer below »
Page 1 of 8
BUGEN 5930 – Business, Society and the Planet
Final Assessment Task - Individual Written Assignment

1. Assessment Overview
Your final assessment task for BUGEN 5930 – Business, Society and the Planet will be:
• An individual written assignment;
• Marked out of 100 and is worth 40% of your final result for this course;
• To be submitted online, in the University Exam Period;
• Completed at your home (or another safe place of your choosing).
This task is comprised of 3 parts:
Part A - Resource Summary – (35 marks)
Part B – Short answer questions – (30 marks)
Part C – Application of theory to a case study – (35 marks)

2. Submission details:
Due Date: 2:00pm (AEST) on Wednesday 24th June.
Submission: You are required to upload your completed assignment (Parts A, B & C) as a
Word doc or PDF via the Final Assessment Task Turnitin link in the
Assessment section on the course Moodle page.
Task Assessor: Lecturer
Suggested time to devote to this task: Approximately 15 hours
Note: In your submissions you will need to reference, cite and acknowledge ANY content
you use from other sources, according to Federation University rules on academic
integrity.
CRICOS Provider No. 00103D | RTO Code 4909
Page 2 of 8
3. Task Description
Part A – Resource Summary – 35 marks

This course has provided many resources to support your learning. This task requires
you to summarise ONE of these resources from the list below:

Week Author Date Resource Title
2 Leonard, Annie 2007 The Story of Stuff
3 Dunphy D., Griffiths
A. & Benn S.
2003 Which way are you heading on the Dunphy Scale?
4 Edmans, Alex 2015 The social responsibility of business
5 The Reporting
Exchange
2018 Sustainability reporting in Australia: jumping into
the mainstream
5 Beschorner, T XXXXXXXXXXWhat is Corporate Social Responsibility (CSR)?
6 Muff, Katrin 2017 GAPFRAME.org - Translating the SDGs into a tool
for Business
6 Flynn, Daniel 2013 Daniel Flynn at TEDxBrisbane
6 Lovins, A., Lovins,
L.H. and Hawken, P.
1999 A Road Map for Natural Capitalism
7 Whelan, Tensie and
Fink, Carly
2016 . The Comprehensive Business Case for
Sustainability
7 Anderson, Ray 2009 The business logic of sustainability
Your summary needs to:
• Focus on ONE of the resources from the list above;
• Introduce the autho
speaker, their topics/themes and the context of the
pape
presentation
• Identify the key argument or perspective being presented;
• State the key findings/points of the pape
presentation (may use dot points for emphasis);
• Briefly discuss the relevance or contribution of this pape
presentation to business
management;
• accurately reflect what is in the report/article/website/presentation

Word Limit: 300 words (+/- 10% i.e. 30 words)



CRICOS Provider No. 00103D | RTO Code 4909 Page 3 of 8
Criteria used to grade this task:
Criteria Marks
Clear introduction of autho
speaker, their topic and the context 8 marks
Accurately and concisely identifies and explains the key points from the
article/presentation
10 marks
Insightful discussion outlining the relevance of the autho
speaker’s topic and
global business
10 marks
Paper uses clear and concise English language expression and formatting, and
follow APA referencing conventions to accurately cite and reference relevant
course resources and readings, within the given word limit requirements.
7 marks
Total /35 marks
Page 4 of 8
Part B – Short Answer Questions – 30 marks

You are required to provide written responses to 3 (three) of the 4 (four) questions below.
Each question is worth 10 marks.
Your response to each question should be ¾ - 1 page in length (375 – 500 words).
In preparing your responses to these questions, you may need to access additional materials
(articles, videos, reports, quizzes) that are available from the course Moodle page and/or the
links in the questions.
Question 1 – 10 marks
According to International Integrated Reporting Council (2013, p. 3):
All organizations depend on various forms of capital for their success. These capitals are stores of
value that, in one form or another, become inputs to the organization’s business model. They are also
increased, decreased or transformed through the activities of the organization in that they are
enhanced, consumed, modified or otherwise affected by those activities.
a. One of these capitals used by our organisations is natural capital. What is natural capital and
how can it be measured?
. Identify the specific ways in which a large supermarket chain could increase and decrease
its impacts on natural capital?
Question 2 – 10 marks
In recent years, many countries including Australia, Malaysia, United Kingdom, India and Hong Kong,
have seen the emergence of the ‘social entrepreneurship’ approach to responsible business.
a. What is ‘social entrepreneurship’ and how does this approach improve social, environmental
and economic sustainability?
. Describe in detail one example of a social enterprise and how it is addressing one or more of
the UN Sustainable Development Goals?
Question 3 – 10 marks
Both Annie Leonard (The Story of Stuff) and the Natural Step (Interface – the Journey of a Lifetime)
identify ‘Closing the loop’ as being a key strategy for sustainable business.
a. Describe what was meant by ‘Closing the Loop’ and how this strategy can assist
manufacturing businesses to increase their efficiency and reduce costs.
. Discuss some of the actions taken by Interface to close the loop in their transition to
ecoming a more sustainable company.
https:
moodle.federation.edu.au/pluginfile.php/5209792/mod_resource/content/1/IIRC%20-%20The%20Six%20Capitals.pdf
https:
www.storyofstuff.org/movies/story-of-stuff
https:
moodle.federation.edu.au/pluginfile.php/5209839/mod_resource/content/1/Case%20Study%20-%20Interface%20-%20Natural%20Step.pdf

CRICOS Provider No. 00103D | RTO Code 4909 Page 5 of 8
Question d) – 10 marks
Complete the Global Footprint Network’s Ecological Footprint Calculator Quiz. When responding to
the quiz questions, make sure you click on the ‘Add details to improve accuracy’ link to ensure your
ecological footprint results are as accurate as possible.
Once you have read the results of this quiz, you need to:
• Copy & Paste your quiz results (or take a screenshot) – 2 screenshots required – your results
must include:
- The page with your Earth Overshoot Day, and number of Earths we would need if
everyone lived like you, AND, click on the See Details a
ow/link;
- The more detailed results, which shows your footprint By Land Type, By
Consumption Category, global hectares and ca
on emissions;
• Reflect on these results:
i. To what extent do you believe your ecological footprint calculator results are (or are
not) an accurate indicator of the environmental impacts of your lifestyle? Give reasons
for your answer.
ii. To what extent do you believe sustainable consumption is (or is not) important for the
health of local and global business activities. Give reasons for your answer.
Criteria used to grade each question in this task:

Criteria Marks
Part a of the question:
• Accurate application of relevant concepts and themes from the course
• Accurately addresses the key points raised in the question
4 marks
Part b of the question:
• Accurate application of relevant concepts and themes from the course
• Accurately addresses the key points raised in the question
4 marks
Response uses clear and concise English language expression and formatting, and follows
APA referencing conventions to accurately cite and reference relevant materials and
eadings, within word limit requirements
2 marks
Total /10 marks
http:
www.footprintcalculator.org

Page 6 of 8
Part C – Giving Voice to Values – 35 marks

This task requires you to read the (attached) scenario ‘Doing Bad to do Good’, from Babson
College, and apply the Giving Voice to Values (GVV) framework to respond to the ethical
dilemma presented. To demonstrate this application, you need to respond to all of the
following questions relating to the scenario. You should aim to write at least 3 pages (1500
words) in response to Part C.
Question C1 – 6 marks – 250 words
Who are the key stakeholders impacted by the ethically questionable behaviou
practice
outlined in this scenario and what is at stake for these key parties?
Question C2 - 6 marks – 250 words
What are the reasons and rationalisations that may be used by those trying to justify the
ethically questionable behaviour and/or business practice that is causing the main
character’s ethical dilemma?
Question C3 - 6 marks – 250 words
What are the most powerful & persuasive responses (i.e. levers) the main character could
use to respond to these reasons/ rationalizations? To whom should the argument be made?
When? In what context? How can they be applied to enable the main character to act on
his/her values, in a way that maximises the positive impact and minimises negative
outcomes for all stakeholders?
Question C4 (17 marks) – 750 words
Develop a script that applies the GVV framework to this scenario. This script should begin at
the point where the scenario ended. This must include dialogue of conversations with one or
more key stakeholders in which the main character is able to give voice to he
his values, by
using the most appropriate levers to respond to the most likely reasons and rationalisations,
to achieve a more ethical outcome for all stakeholders.











Page 7 of 8
Babson Scenario - “Doing Bad to Do Good”

Caroline ran a small consultancy firm that specialized in offering business support services to local
community organizations and social enterprises. Caroline grew up in the local community where she
worked and members of her extended family still lived there. Her first job was as a community economic
development worker, facilitating the development of social enterprises within the community. Over the
past 20 years, Caroline had worked with (and for) many community and state organizations and had a
eputation as a conscientious, trustworthy and ethical consultant.
Even though the community organizations or social
Answered Same Day Jun 20, 2021 BUGEN5930

Solution

Nishtha answered on Jun 23 2021
150 Votes
Running Head: BUSINESS, SOCIETY AND THE PLANET                1
BUSINESS, SOCIETY AND THE PLANET                            13
BUSINESS, SOCIETY AND THE PLANET
Table of Contents
PART A Resource Summary    3
PART B Short Answer Questions    4
Answers 1 (a)    4
Answer 1 (b)    4
Answer 2 (a)    5
Answer 2 (b)    6
Answer 3 (a)    6
Answer 3(b)    7
PART C Giving Voice to Values    7
Answer 1    7
Answer 2    8
Answer 3    9
Answer 4    10
References    13
PART A Resource Summary
In 2008, a person name Daniel Flynn, got two facts. One was the children, who are and still dying from water borne diseases and another is market of the bottles water worth of 150 billion. Just then, he got a solution of Thankyou Water. As a first year university student, he with his friend launched their consumer
and to 55 different products in 5500 location across the Australia. The whole
and thank you waster has become only Thankyou. The focus is to give 100 % of the profit to the nonprofit working to remove poverty.
The company is now a charitable trust that owns a profitable business. The dividend flow in the company, all ultimately distributed to charity. As a university student, they had no idea about the manufacturing leads. The key to success was social media connections and relationship with consumers. The company continuously uses social media as a tool for marketing. At first, Daniel used youtube. To get stock up by 7-Eleven, Daniel says to his fans to visit 7-eleven facebook page and promise to buy thankyou water.
This strategy worked, people come singing and dancing and thankyou water became third largest best-selling
and in chain stores in Australia. The team found an innovative way to address the pinch. Daniel Flynn also wrote the book “You Have the Power to Change Stuff”. The book offered to sale in a crowd funding campaign. It gives power to people to pay whatever they want. There are people paid pennies for the book to 50000 dollars. The book continued to sell and within one month, the company hits its target.
The whole idea based on social enterprise. On 2013, company expanded its product range and included food and body care products. Today Thank you has 40 products in more than 5000 outlets including coles and woolsworth. Thank you has a long way to come. The company is a perfect example of ability of any enterprise to create and deliver net-positive externalities at a level of scale in the world.
PART B Short Answer Questions
Answers 1 (a) As mentioned by Ruijs, Heide, and Berg (2018), natural resources considered as one of the components of a nation’s wealth. Other forms of the wealth of nation include its human talent, physical infrastructure, financial assets etc. These are all considered as capital that can be utilized and exploited (in a more positive sense) to develop an economy. Hence, it is called natural capital. It is a world’s stock of natural assets. Like any other debt like financial debt. When we overuse it, we ran into debt and bankruptcy. Likewise, it happens with the natural capital too, when we overuse it, we need to pay it back. To measure natural capital, it is determines by the contribution businesses and individual makes for the improvement in the natural resources reserves. The measure of the natural capital comprises sub measure of biodiversity, soil and water. Biodiversity impact is one of the tools to measure natural capital. It took consideration of the area of the land, the land get affected by any commercial and non-commercial activity and quantity affected (no of natural resources before).
Biodiversity impact= land area*quality affected*quantity affected.
Answer 1 (b) As mentioned in Opoku and Boachie (2020) large supermarket chain consumes and destroys natural capital. For example, agriculture (and agroforestry) largely destroys lands and forests for food and cash cropping. Thousands of Hectare of Forest are now the major cities of world.(It might seem as a huge achievement but anonymously this is destruction of resources), this loses greenery and along with this many wildlife suffers from habitat loss which causes them to migrate and some of them get extinct too. With the increase of the population, the need of the supermarket also increases. This results in the depletion of the natural capital. Our financial systems assign zero value to resources in their natural state. It will collapse unless the economy continues to grow. As super market usually contains perishable items, bigger the super market, it would destroy on the account of perishable nature. The super market takes large space in nature, which results into cutting of tress, emission of harmful gasses, increasing ca
on footprints and pollution. On the other hand, online shopping is a kind of bliss for many people around the world. Internet has totally changed the way we do our shopping and this has promoted online shopping in recent years.

Answer 2 (a) As mentioned by Chell, Spence, Pe
ini and Ha
is (2016), social entrepreneurship is an approach by start-up companies and entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. It helps in transforming systems and practices that are the root causes of poverty, marginalization, environmental deterioration and accompanying loss of human dignity. Either social entrepreneurs, however, are non-profits, or they blend for-profit goals with generating a positive "return to society". Social entrepreneurship demands the same confidence, motivation and innovation as any other business, but in a manner, that prioritizes social development and the multiple creations of social and economic values. Emerging Entrepreneur, more than making a profit, it amounts to performing social change by means of exclusive solutions that help a community overcome recognized obstacles. To put it simply it’s a way of running a business where the value enterprise create has a double or triple bottom line - people, planet, profit - i.e. you’re able to do some good for people or the planet whilst making a profit. It would ideally refer to an innovation. The essence is that the innovation should aim to improve the basic utility necessities of human...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here