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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...

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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 the 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?


Submit your chart and answers.

Answered 2 days After Oct 05, 2022

Solution

Prince answered on Oct 08 2022
39 Votes
WH Framework
Student Name
8th Oct
Q: Which stakeholders did Traszka and the management of L’Oreal cater to
A: In order to meet the requirements of the business, Traszka and the L'Oreal management team compromise with the stakeholders. When considering the needs of the business, it is also necessary to assess some of its products in light of what the customer wants and even requires. To determine which items are performing poorly or not at all, the corporation would conduct evaluations on all fronts, including locally and globally. They do this to more effectively assess the areas where the business is losing money; it is crucial that they look into these areas in order to make the necessary improvements. They must simultaneously assess each employee's performance to ensure that it meets the requirements of the business. If this is not done, the return on the revenue may be significantly reduced, which could lead to revenues for them diminishing or decreasing over time. Every manager should assess employee performance to identify any areas that could use improvement and to evaluate whether individuals might need to be let go. Because they must ensure that every employee is properly trained and productive for the benefit of the company, management can be seen as a shareholder in the enterprise. Managers can provide both positive and negative feedback to the staff depending on their performance by meeting with them one-on-one and holding team meetings. As a result,...
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