Refer to section “The WH Framework for Business Ethics” of Ch. 2, "Business Ethics," of Dynamic...

Question

Refer to section “The WH Framework for Business Ethics” of Ch. 2, "Business Ethics," of Dynamic Business Law for information on the WH Framework.

For this assignment, refer to the scenario located in the “Questions & Problems” section of Ch. 2, “Business Ethics” in Dynamic Business Law. This scenario involves Steven J. Trzaska, the head of L'Oreal USA's regional patent team, and ethical rules and core values of the company.

Read the scenario in the textbook and complete the following activity.

Create a WH Framework chart, similar to Exhibit 2.2. Refer to L'Oreal’s core values and the primary values in Exhibit 2.3 to determine the guidelines to include in the WH Framework.

Write an explanation of how you decided on the list of stakeholders and guidelines to include in your WH Framework. Address the following questions in your explanation:

Which stakeholders did Traszka and the management of L’Oreal cater to? Why?
What values did L’Oreal’s management choose when they made the decision to fire Trzaska? Why?

Self-Reflection

In addition to your explanation, address the following self-reflection questions:

How did the WH Framework help you analyze the situation?
Now that you’ve put together the framework, how does the WH Framework help managers with making business decisions?
What type of decisions would the WH Framework chart help you make as a manager?

img9411-tiun1mrg.jpg img9413-22-t2lpxaj2.jpg img9412-23-lds0aka1.jpg

Tanmoy · Accepted Answer

WH Framework chart
Which stakeholders did Traszka and the management of L’Oreal cater to?
If any business wants to meet the target have to compulsorily conduct a consumer want and need analysis. It the consumers are the local and the global stakeholder of L’Oreal. This analysis will also help to conduct a research of the companies not performing well and are losing money as a result. The other group will be the employees of the company to analyse if they are performing well to the best of their capabilities and are causing L’Oreal to lose money. If there is any department or any employee who are not performing as prescribed then there is no point keeping them. It will be the management who will be another stakeholder and if the departments are not supervised properly then there can be mistakes. It is the management who must know their departments’ strengths and weaknesses and take the opportunity of correcting the mistakes and require assistance from the other regions of the company.
What values did L’Oreal’s management choose when they made the decision to fire Trzaska?
The value that L’Oreal has chosen when they made the decision to fire Trzaska was selecting security and lack of efficiency.

Refer to section “The WH Framework for Business Ethics” of Ch. 2, "Business Ethics," of Dynamic Business Law for information on the WH Framework. For this assignment, refer to the scenario located in...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment