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Unit V Reflection Paper
Select a significant tragic event (either domestic or global) that has occurred over the last 50 years. The interactive presentation in this unit provides some ideas of historical tragic events but understand that these are just ideas. After describing the event and the post-tragedy events discuss the ethical aspects revolving around this incident. This discussion may require some additional research to understand the ethical situations and the impact the event(s) had on affected people and their ability to move on with their lives.
1. Describe the actions of people and organizational leaders directly and indirectly involved with the tragedy. Specifically address the ethical issues they faced.
2. What were some of the actions of local state and federal personnel with respect to dealing with this tragedy?
3. Explain the strategies of organizations that attempted to assist with the clean-up after the tragic event. Describe several of the pressures that influenced their strategies. Distinguish between social responsibility integrity and simple business ethics.
4. How has this event affected the ethical culture here in the United States? What other effect has it had on society as a whole?
5. What other lessons might we learn from this event in the future?
Your response must be a minimum of two double-spaced pages. You are required to use at least one scholarly source in your response. All sources used must be referenced; paraphrased and quoted material must have accompanying in-text citations and be cited per APA guidelines.
Information about accessing the Grading Rubric for this assignment is provided below.
Unit VI Case Study
For this assignment read the case study The 1920 Farrows Bank Failure: A Case of Managerial Hubris. This case is located in the ABI/Inform Complete database found in the CSU Online Library (see reference below).
Hollow M. (2014). The 1920 Farrow’s bank failure: A case of managerial hubris? Journal of Management History 20(2) 164-178.
Regulators evaluated Thomas Farrow as being inflicted by managerial hubris at the time of the banks collapse in 1920. With this scenario in mind address the following questions with thorough explanations and well-supported rationale.
1. How did corporate culture leadership power and motivation affect Thomas level of managerial hubris?
2. Relate managerial hubris to ethical decision making and the overall impact on the business environment.
3. Explain the pressures associated with ethical decision making at Farrows Bank.
4. Do you think that if Farrows Bank had a truly ethical business culture the level of managerial hubris would have been decreased? Could this have affected the final outcome of Farrows Bank? Explain your position.
Your response must be a minimum of three double-spaced pages. You are required to use at least one scholarly source in your response. All sources used must be referenced; paraphrased and quoted material must have accompanying in-text citations and be cited per APA guidelines.
Information about accessing the Grading Rubric for this assignment is provided below.