Business Ethics – Project 1: News Event

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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Project 1: News Event

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Instructions

BMGT 496 – Project 1: News Event (20%)

Project 1 is due Tuesday at 11:59 p.m. eastern time of week 3 unless otherwise changed by the instructor.

Purpose:  In the first assignment, you have the opportunity to see how ethics can play out in a real-world scenario.  You will read the case scenario and answers the questions in a narrative format. Use headings for each question.  Headings are not the question.  You are required to use the course material to support your reasoning and the conclusions made.

Outcomes met by completing this project:

1. identify ethical issues that arise in domestic and global business environments using an understanding of ethical concepts and of legal and business principles

Case Scenario:

The outbreak of the COVID-19 pandemic required Americans to shelter in place thus causing the U.S. economy to freeze-up, resulting in millions of lost jobs.  The U.S. Congress passed legislation to try and limit the economic damage.  Included in the legislation was a stimulus package that would give $1,200 to single tax filers making $75,000 or less and $2,400 to married couples making $150,000 or less.  The purpose of the payment was to give people emergency funds and to stimulate the economy.  Also included was the CARES Act that provided the Paycheck Protection Program (PPP).  The PPP was a program administered by the Small Business Administration that was targeted at small business.  It provided for a government loan that was forgivable if used to pay employees’ salaries and benefits, mortgages, rent, and utilities. According to the SBA website, “[t]he Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.”

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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USAA is a member-owned organization that provided insurance and financial services exclusively to current and former members of the military as well as their family members.  USAA has an excellent reputation as a well-run organization and for giving its members good service.  Many USAA members maintain checking accounts with it.  Some of those members who have checking accounts had overdrawn their balances and had a negative balance in their accounts.  When the $1,200 or $2,400 stimulus check were deposited, USAA used those amounts to offset the negative balances in some of its members’ accounts.  Members were not informed in advance that this would be the case.  This resulted in some USAA members not having any access to the stimulus money.  The action USAA took in crediting the funds to existing account deficits was perfectly legal.

Shake Shack is a corporation that owns and licenses restaurants selling traditional American fare like hamburgers and milk shakes.  It currently operates 124 locations in the U.S. and overseas.  As of May 4, 2020, the company had a market capitalization of $2.06 billion.  The company is publicly traded on the New York Stock Exchange.  In 2019, Shake Shack’s CEO received $2.3 million in compensation.  Shake Shack applied for and received a loan of $10 million under PPP.  The loan was permissible under a provision in PPP the allows restaurant chains to apply when each location has fewer than 500 employees.  Shortly after Shake Shack received the loan, the PPP ran out of funds and many small businesses did not receive loans.

Small Business Administration. (2020) Retrieved from https://www.sba.gov/funding- programs/loans/coronavirus-relief-options/paycheck-protection-program

How to Set Up the Paper

Create a Word or Rich Text Format (RTF) document that is double-spaced, 12-point font.  The final product will be between 4-6 pages in length excluding the title page and reference page.  Write clearly and concisely.

Create a title page with a title, the course number and section, the instructor’s name and your name.

Instructions:

Course Material

For this project, you are required to use the case scenario facts and the course material.   External sources are not permitted.  You are not researching on the Internet or using resources from outside the course.  You are expected to answer the requirements identified below showing the connection between the case scenario facts

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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and the course material.   Using course material goes beyond defining terms and are used to explain the ‘why and how’ of a situation.  Avoid merely making statements but close the loop of the discussion by explaining how something happens or why something happens, which focuses on importance and impact.  In closing the loop, you will demonstrate the ability to think clearly and rationally showing an understanding of the logical connections between the ideas presented in a case scenario, the course material and the question(s) being asked.  Using one or two in-text citations from the course material throughout the entire paper will not earn many points on an assignment.  The use of a variety of course material is expected consistently supporting what is presented.  The support must be relevant and applicable to the topic being discussed.  Points are not earned for mentioning a term or concept but by clearly and thoroughly explaining or discussing the question at hand.

NOTE: If external sources are used, what is presented will not count and a penalty for following instruction will apply.

Project Requirements

Introduction

Write an Introduction paragraph.  The Introduction paragraph is the first paragraph of the paper and will be used to describe to the reader the intent of the paper explaining the main points covered in the paper.  This intent should be understood prior to reading the remainder of the paper so the reader knows exactly what is being covered in the paper. Consider writing the introduction last to ensure that all of the main points are covered.

Ethical Issue(s)

Identify and discuss the ethical issue(s) related to USAA and Shake Shack

Stakeholders Implications

Identify the stakeholders involved in the actions of both companies. Discuss the potential implications of the company’s actions on each stakeholder or stakeholder group.  Give examples.

Kantian Viewpoint

Explain how Kant would view the actions of both USAA and Shake Shack.

Utilitarianism Viewpoint

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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Explain how a utilitarian would view USAA and Shake Shack’s actions.

Recommended Actions

Regardless of what these companies actually did, recommend the actions that you think they ethically should take.  There is no right or wrong action, but rather it is about supporting the actions you choose from your ethical arguments.

Conclusion

Write a concluding paragraph that is brief and summarizes the main points.  Provide specific information related to the major topics discussed in the paper.

Review the Paper

Read the paper to ensure all required elements are present.

The following are specific requirements that you will follow.  Use the checklist to mark off that you have followed each specific requirement.

Checklist Specific Project Requirements

Proofread your paper

Read and use the grading rubric while completing the paper to ensure all requirements are met that will lead to the highest possible grade.

Third person writing is required.  Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing).  If uncertain how to write in the third person, view this link:  http://www.quickanddirtytips.com/education/grammar/first- second-and-third-person.

Contractions are not used in business writing, so do not use them.

Paraphrase and do not use direct quotations.  Paraphrase means you do not use more than four consecutive words from a source document.  Removing quotation marks and citing is inappropriate.  Instead put a passage from a source document into your own words and attribute the passage to the source document.  There should be no passages with

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Start Date

Mar 17, 2021 12:00 AM

quotation marks.  Using more than four consecutive words from a source document would require direct quotation marks.  Changing words from a passage does not exclude the passage from having quotation marks.   If more than four consecutive words are used from source documents, this material will not be included in the grade.

You are expected to use the weekly course materials to develop the analysis and support the reasoning.   There should be a robust use of the course material.  Material used from a source document must be cited and referenced.  A reference within a reference list cannot exist without an associated in-text citation and vice versa.  Changing words from a passage does not exclude the passage from having quotation marks.

Use in-text citations and provide a reference list that contains the reference associated with each in-text citation.

You may not use books in completing this problem set unless part of the course material.  Also, do not use a dictionary, Wikipedia or Investopedia or similar sources.

Submit the paper in the Assignment Folder (The assignment submitted to the Assignment Folder will be considered the student’s final product and therefore ready for grading by the instructor.  It is incumbent upon the student to verify the assignment is the correct submission.  No exceptions will be considered by the instructor).

NOTE:  All submitted work is to be your original work. You may not use any work from another student, the Internet or an online clearinghouse.  You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 7th Ed. (Students are held accountable for in-text citations and an associated reference list only).

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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Due Date

Apr 6, 2021 11:59 PM

Hide Rubrics

Rubric Name: Project 1: News Event (20%)

Criteria 1 Equivalent to an A Equivalent to a B Equivalent to a C Equivalent to a D Equivalent to an F Criterion Score

Introduction (3%)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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3 points

Writes an introduction that captures the reader’s attention, gives context to the paper, and builds to the thesis (in the last sentence of the introduction) that defines all of the main points to be discussed in the paper.   (2.7 – 3)

2.55 points

Writes an introduction that provides a general context to the paper, has a thesis statement and somewhat discusses main topics but is vague or does not cover all main topics.  (2.4 – 2.6)

2.25 points

Writes an introduction that provides context to the paper and presents main topics covered in the paper but this information is not presented in a thesis statement but

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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/ 3

throughout the first paragraph. (2.1 – 2.3) .

1.95 points

Attempts to write an introduction but has little to no context to the paper; the thesis is missing main points or no thesis statement provided.   (1.8 – 2.0) (0.36 – 0.41)

0 points

No attempt to write an introduction. (0)

Criteria 2 Equivalent to an A Equivalent to a B Equivalent to a C Equivalent to a D Equivalent to an F Criterion Score

Identify and discuss the ethical issue(s) related to USAA and Shake Shack (the companies)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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12 points

Thoroughly and correctly identifies and discusses the ethical issue(s) related to the companies using the course materials to make connections with the case scenario facts to support reasoning. (10.8 – 12)

10.2 points

Correctly identifies and discusses the ethical issue(s) related to the companies using the course materials to make connections with the case scenario facts to support the reasoning, needs some development.

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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/ 12

Identify the stakeholders involved in the USAA and Shack Shake situations.

(9.6 – 10.7)

9 points

Identifies and discusses the ethical issue(s) related to the companies using the course materials to make connections with the case scenario facts to support reasoning; significant development needed. (8.4 – 9.5)

7.8 points

Attempts to identify and discuss the ethical issues related to the companies;  one or more of the ethical issues not correctly identified; OR the discussion provides little use of the course materials AND case scenario facts to support reasoning and conclusions. (7.2 – 8.3)

0 points

Fails to identify and discuss ethical issues OR what is presented is mostly incorrect; no support used but instead makes statements. (0 – 7.1)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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9 points

Thoroughly and correctly identifies  the stakeholders involved in the USAA and Shack Shake situations.  (8.1 – 9)

7.65 points

Correctly identifies  the stakeholders involved in the USAA and Shack Shake situations but one major stakeholder or stakeholder group is missing. (7.2 – 8)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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/ 9

Discuss the potential implications of each of the companies’ actions on each stakeholder or stakeholder group.  Give examples.

6.75 points

Identifies  USAA and Shack Shake stakeholders but two major stakeholders or stakeholder groups is missing. (6.3 – 7.1)

5.85 points

Attempts to identify USAA and Shack Shake stakeholders but three or more stakeholders or stakeholder groups is missing; incorrectly identifies one or more stakeholders.   (5.4 – 6.2)

0 points

Fails to identify USAA and Shack Shake stakeholders. (0 – 5.3)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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12 points

Thoroughly and correctly discusses the potential implications of each of the company’s actions on each stakeholder or stakeholder group using the case scenario facts, the course materials and examples to support reasoning. (10.8 – 12)

10.2 points

Discusses the potential implications of each of the companies’ actions on each stakeholder or stakeholder group using the course materials, case scenario facts and examples to support the reasoning; some development needed. (9.6 – 10.7)

9 points

Discusses the potential implications of each of the companies’ actions on each stakeholder or stakeholder groups using the course material AND case scenario facts

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/ 12

Explain how a utilitarian would view USAA and Shack Shake’s actions.

to support the reasoning; examples may not be relevant; significant development needed. (8.4 – 9.5)

7.8 points

Attempts to  discuss the potential implications of each of the companies’ actions on each stakeholder or stakeholder group using little to no course materials to make connections with the case scenario facts; may not use case scenario facts or uses external sources; incorrect responses; no examples provided; needs major  development.  (7.2 – 8.3)

0 points

Fails to discuss the potential implications of each of the companies’ actions on each stakeholder or stakeholder group.   (0 – 7.1)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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12 points

Thoroughly and correctly explains how a utilitarian would view USAA and Shack Shake’s actions using the course material AND case scenario facts to support reasoning. (10.8 – 12)

10.2 points

Correctly explains how a utilitarian would view   USAA and Shack Shake’s actions using the course material AND case scenario facts to support the reasoning;made  needs some development. (9.6 – 10.7)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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/ 12

Explain how Kant would view the actions of USAA and Shack Shake.

9 points

Explains how a utilitarian would view USAA and Shack Shake’s actions using course material AND case scenario facts to support reasoning but needs significant development. (8.4 – 9.5)

7.8 points

Attempts to explain how a utilitarian would view USAA and Shack Shake’s actions using little course material AND case scenario facts to support reasoning; needs major development. (7.2 – 8.3)

0 points

Fails to explain how a utilitarian would view USAA and Shack Shake’s actions. (0 – 7.1)

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12 points

Thoroughly and correctly explains how Kant would view  the actions of USAA and Shack Shake using the course material AND case scenario facts to support reasoning. (10.8 – 12)

10.2 points

Correctly explains how Kant would view the  actions of USAA and Shack Shake using the course material AND case scenario facts to support the reasoning; needs some development. (9.6 – 10.7)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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/ 12

Takes a position on what actions USAA and Shake Shack should take ethically and supports that position with case scenario facts and ethical concepts.

9 points

Explain how Kant would view the actions of USAA and Shack Shake using course material AND case scenario facts to support reasoning;  needs significant development. (8.4 – 9.5)

7.8 points

Attempts to explain how Kant would view the actions of USAA and Shack Shake using little course material AND case scenario facts to support reasoning; needs major development. (7.2 – 8.3)

0 points

Fails to explain how Kant would view the actions of USAA and Shack Shake. (0 – 7.1)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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12 points

Takes a position on what actions USAA and Shack Shake should take and thoroughly and correctly uses case scenario facts and ethical concepts to support reasoning. (10.8 – 12)

10.2 points

Takes a position on what actions USAA and Shack Shake should take and thoroughly and correctly uses case scenario facts and ethical concepts to support reasoning; needs some development. (9.6 – 10.7)

9 points

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Conclusion (3%)

akes a position on what actions USAA and Shack Shake should take and uses case scenario facts and ethical concepts to support reasoning;  needs significant development. (8.4 – 9.5)

7.8 points

Attempts to take a position on what actions USAA and Shack Shake should take use case scenario facts and ethical concepts to support reasoning; needs major development. (7.2 – 8.3)

0 points

Fails to take a position on what actions USAA and Shack Shake should take.  (0 – 7.1)

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3 points

In a clear and concise manner, comprehensively concludes the paper by restating/ summarizing the main topics covered in the paper and reflect on the importance of the arguments made.   (2.7 – 3)

2.55 points

In a clear manner concludes the paper by restating/ summarizing the main points;  some development is needed.  (2.4 – 2.6)

2.25 points

Concludes the paper by somewhat restating/ summarizing the argument.  Attempts to bring in some explanation or general idea of the main points of the paper but needs significant development. (2.1 – 2.3)

1.95 points

Presents a conclusion but may be irrelevant to the main topics of the paper OR does not discuss the main topics of the paper; major development needed.

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/ 3

(1.8 – 2)

0 points

Fails to present restatement/ summarization of argument. (0 – 1.7)

Criteria 3 Equivalent to an A Equivalent to a B Equivalent to a C Equivalent to a D Equivalent to an F Criterion Score

Attention to Instructions (10%)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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10 points

The paper contains all major assignment tasks.  The paper also includes completion of all required elements (Word or rtf file, third person writing, paraphrasing, no more than four consecutive words from source, no contractions, page/paragraph numbers/Chapter Titles).  (9 – 10)

8.5 points

The paper contains all major assignment tasks.  The paper missed one minor element (Word or rtf file, third person writing, paraphrasing, no more than four consecutive words from source, no contractions, page/paragraph/numbers/Chapter Titles).   (8 – 8.9)

7.5 points

One major assignment tasks or two minor elements of the assignment missed.  (7 – 7.9)

6.5 points

Two major assignment tasks missed  or 3 minor aspects of the assignments. (6 – 6.9)

3/23/2021 Project 1: News Event – BMGT 496 7383 Business Ethics (2212) – UMGC Learning Management System

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0 points

Three or more major assignment tasks missed OR four or more minor elements missed. (0 – 5.9)

Criteria 4 Equivalent to an A Equivalent to a B Equivalent to a C Equivalent to a D Equivalent to an F Criterion Score

Writing Mechanics (10%)

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10 points

Strictly adheres to standard usage rules of written English using paragraphs and sentence rather than bullets, including but not limited to capitalization, punctuation, run-on sentences, missing or extra words, stylistic errors, spelling and grammatical errors. No jargon used. Few writing errors noted. (9 – 10)

8.5 points

Excellently adheres to standard usage of mechanics: conventions of written English, including capitalization, punctuation, and spelling. One – three errors noted. (8 – 8.9)

7.5 points

Satisfactorily adheres to standard usage rules of mechanics: conventions of English, including capitalization, punctuation, and spelling. Four to seven errors noted. (7 – 7.9)

6.5 points

Minimally adheres to standard usage rules of mechanics: conventions of written English, including capitalization, punctuation, and spelling. More than 7 errors found.

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/ 10

(6 – 6.9)

0 points

Does not adhere to standard usage rules of mechanics: conventions of written English largely incomprehensible, or errors are too plentiful to count. (0 – 5.9)

Criteria 5 Equivalent to an A Equivalent to a B Equivalent to a C Equivalent to a D Equivalent to an F Criterion Score

Adherence to APA (5%)

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5 points

Excellent use of APA style; few usage errors; Proper citation of source material is used throughout paper; Reference titles follow APA with only the first word, the first word after a colon and proper nouns capitalized. (4.5 – 5)

4.25 points

Uses in-text citations and reference list but 1 – 2 APA style errors noted or fails to use APA citations when appropriate 1-2 times. (4 – 4.4)

3.75 points

Uses in-text citations and reference lists; but 3 – 4 APA style errors  noted or fails to use APA citations when appropriate 3 – 4 times. (3.5 – 3.9)

3.25 points

Attempts in-text citations and reference lists; but 5 – 6 times style errors noted or fails to use APA citations when appropriate 5-6 times.  Seldom uses APA. (3 – 3.4)

0 points

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Total / 100

Overall Score

Submit Assignment

/ 5

No attempt at APA style; or attempts either in-text citations or reference list but omits the other. (0 – 2.99)

Equivalent to an A 90 points minimum

Equivalent to a B 80 points minimum

Equivalent to a C 70 points minimum

Equivalent to a D 60 points minimum