ADM 1100 Study Guide - Final Guide: Franchising, Telesat, Manulife
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Please answer the below questions.I only have 1 hours beforesubmit.Please!
Questions
1. Should the Federal Government question an educationalinstitution on its recruiting practices?
2. Should the Federal Government also question State and PrivateUniversityâs retention practices?
3. Shouldnât these companies be able to operate as a business-that is- making money the aggressive way?
4. Who are the stakeholders in this situation?
What is the ethical dilemma and duty in this matter
For Profit for Education? Putting Profits over PublicGood? Contd...
For-profit colleges in the US came under increased scrutiny onseveral counts. This case study describes the problems faced byâfor-profit collegesâ in the US such as high loandefault rates, vague accreditation standards, and low graduationand job placement rates. Complaints such as overpriced degrees,misleading claims, and increasing level of student debt resulted inthe government turning its attention to the entire for-profitcollege sector. According to some reports, too much taxpayer moneywas being used to generate profits for the colleges, instead ofproviding students with useful high-quality education. The casealso focuses on the alleged fraudulent practices adopted byfor-profit colleges in the US to gain access to more federalfinancial aid. The Study Concerned about the disproportionate percentage of federalstudent aid flowing to âfor-profit collegesâ, someanalysts began raising questions about the rapid growth of thefor-profit education sector, the aggressive recruitment ofstudents, and the value of the education provided by suchinstitutions. |
To the contrary, the evidence points to a problem that issystemic to the for-profit industry,"9 said Tom Harkin(Harkin), Chairman, US Senate Health, Education, Labor, andPensions (HELP) Committee.
The GAO defined for-profit colleges as "institutions ofpost-secondary education that are either privately owned or ownedby a public traded company and whose net earnings can benefit ashareholder or individual."...
In May 2010, the GAO began its investigation of 15 for-profitschools in six states (Arizona, California, Florida, Illinois,Pennsylvania, and Texas and Washington, D.C (Refer to Exhibit IIIfor a list of the schools probed)...
High Tuition Fee
The report stated that the tuition fee at for-profit colleges washigh compared to similar programs at other public colleges.Investigators found that on an average, the fee for an associatedegree program was between 6 and 13 times higher at a for-profitschool than at a public college while a bachelor's degree at afor-profit college cost almost twice that in local publicinstitutions...
Deceptive Recruitment and Marketing Tactics
According to the report, campus officials of all 15 colleges misledpotential students and made deceptive statements about theirprograms' cost, quality, and duration, and the average salary ofgraduates (Refer to Exhibit V for some examples of deceptivepractices of for-profit institutions) For-profit colleges generallypaid recruiters by the number of enrollments that theygenerated...
Loan Defaults
For-profit colleges, which accounted for 10% of all collegestudents in the US as of 2009, derived three-fourth of theirrevenues from federal grants and loans. In 2009, at 14 for-profitschools, federal aid totaled 87% of revenue in 2009...
The Problem: The Case of the SickBuilding
This week you received a memo from one of the members of the HumanResources Department. He suspects the aging building which housesyour division is filled with mildew and other agents which causerespiratory distress. These agents are circulated throughout thebuilding and will cause more and more illnesses to occur. Herecommends that this problem be quickly remedied.
While you sympathize with him, the changes heâs suggesting willhave to come from the money the company was holding in reserve forthe next product launch. The company owns the building and thecurrent market value is $2 million. While you have insurance, youalso have a $250,000 deductible. Thus, to âcureâ the alleged âSickBuilding Syndromeâ you will have to spend $250,000 and the balanceof the expense will come from insurance. If you do not fix theproblem, it will continue to worsen.
Further, the Human Resources team has forwarded the following memoto you:
To: Human Resources
From: Marcus Keller
RE: Illness
This memo is to inform the members of the Executive Committee thatI will be taking an extended leave of absence due to my acuterespiratory problems. My doctor informs me that the symptoms andseverity of the problems are likely due to "Sick BuildingSyndrome."
Marcus Keller
Currently, three people are sick. While the health care policyyou provide for employees covers the expenses associated with theillness, your insurance premium is tied to the use of the policy.Thus, if people continue getting ill with a long term illness, thecost of insurance will increase.
Please complete each section of this worksheet. Some peoplefind that writing the answers out on another page and then "cuttingand pasting" them into the worksheet lets you think through theproblem better.
If you only have time to do part of this worksheet, click the "savework" button at the bottom of this page. At any later time, you canthen return to this worksheet and continue.
Be Attentive: Set the Context
1. Ethical Actor
The first step is to identify the ethical actor. In a sentenceidentify the ethical actor for this problem.
2. Stakeholders
The next step is to identify the stakeholders. List the otherstakeholders for this problem.
3. Assumptions
In two or three bullet points, identify any assumptions you aremaking about the problem.
Be Intelligent: Identify the Issue and the Values inTension
1. Issue
In one sentence, identify the issue for this problem.
2. Values in Tension
In three or four bullet points, identify the values intension.
Be Reasonable: Explore the Options
1. Influence Factor
In this first step, list the stakeholder groups that will beinfluenced by the decision. For each group, note the number ofstakeholders in the group. Also note the impact that any decisionwill have on each group. The impact is expressed on a scale from 1to 10.
Note that the sum of all impact numbers should add up to 10, andeach impact number must be greater than zero.
PLEASE NOTE: At least 3 stakeholders must always be defined for theethical dilemmas.
To add a stakeholder group, click the "+" button. To delete astakeholder group, click the "Ã" button next to the row containingthe group you wish to delete. Note that these actions affect alltables on this worksheet.
Stakeholder | Number in Group | Impact (1-10) | Influence Factor | |
012345678910 | ||||
012345678910 | ||||
012345678910 |
10 Remaining | ||||
2. Criteria for Happiness
In this next step, list the criteria for happiness associated withthe stakeholders and the issue at hand.
Stakeholder | Criteria |
na | |
na | |
na |
3. Units of Happiness
After brainstorming with the leadership team, you haveidentified four options:
Spend the money on the repairs to the building.
Set aside required money to handle the increased premiums due tothe illness of employees.
Do nothing and handle those who become ill through the existinghealth care and short term leave policies.
Buy a new building and sell the other building for the value ofthe land.
Choose three out of the four options to analyze. For eachoption, calculate the units of happiness (utils) for eachstakeholder group. Utils are measured on a scale of 1 to 10.
Select Option... Happiness Utils for Option 1 Happiness Utilsfor Option 2 Happiness Utils for Option 3 Happiness Utils forOption 4
Stakeholder | Utils | Rationale |
na | 0 1 2 3 4 5 6 7 8 9 10 | |
na | 0 1 2 3 4 5 6 7 8 9 10 | |
na | 0 1 2 3 4 5 6 7 8 9 10 |
4. Greatest Good
Once you have completed your analysis of this ethical dilemma bymeans of the tables above, it is possible to determine the totalweighted units of happiness. In this final step, you can see whichoption truly does produce the greatest good for the greatestnumber.
Be Responsible
1. Choose an Option
Select one option to implement within your Division:
Spend the money on the repairs to the building. |
Set aside required money to handle the increased premiums dueto the illness of employees. |
Do nothing and handle those who become ill through the existinghealth care and short term leave policies. |
Buy a new building and sell the other building for the value ofthe land. |
2. Explain Your Decision
Using the guidelines for how to write a memo, write a memo to beshared with the rest of the leadership team which explains yourdecision.
When you have completed all sections of this worksheet,please click the "continue" button below. This action will saveyour answers and advance you to the next worksheet in thisassignment. If you wish to save your current work and then returnto this worksheet at a later time, click the "save work" buttonbelow. Please note that this action will truncate any response thatexceeds the 8,000 character limit.