NEW YORK INSTITUTE OF TECHNOLOGY SCHOOL OF MANAGEMENT MGMT 601 THE ENVIRONMENT OF BUSINESS VANCOUVER DR. STEPHEN W. HARTMAN MBA PROGRAM NO PREREQUISITES 3 CREDITS FALL, 2009 OFFICE TEL.: (516) 686-7972 O.W. Dr. Hartman Course Web Site Environment of Business Websites INTRODUCTION This course is designed to provide the student of management with a heightened awareness not only of the interests that exist outside of the physical boundaries of the corporation, but also of the system of values that lie beyond the rationale of the profit motive. It is hoped that the student will achieve a greater realization that business institutions do not exist in a void, but are shaped and challenged by continuous interaction with the environment within which they exist. Today's businesses are facing unprecedented challenges in terms of bitter international competition, productivity, and light year technological advances to mention only those which seem to be most apparent. While this environment creates many new opportunities, only those business organizations that successfully meet these demands will survive in the years ahead, which undoubtedly will mean greater concentration of capital as a result of business mergers and failures. In this course the graduate business students will be challenged to create a systematic framework of analysis for enabling creative thinking in terms of understanding the dynamics of modern business and government. Course Objectives To explain the social responsibilities and ethical duties of business. To study and understand how forces in the internal and external environments of business firms are changing the task of management, altering business operations, and modifying the role of business in society through the daily presentation and analysis of articles in class by the students. To explain that many of these environmental forces are global in nature. To develop an understanding of the power of business to influence its environment. To develop an understanding of the power of ideas in the business environment to shape the business-government-society relationship. To appreciate the importance of law and government regulation as a force directing business behavior. To study historical patterns in the business-government-society relationship, learning how the past shaped the present, and learning how present trends are shaping the future. To develop in students an ethical and philosophical basis for making business decisions. To incorporate the knowledge of many fields through an interdisciplinary approach by completing two case studies. To develop a tolerance for ambiguities in discussing issues in the business environment about which knowledgeable observers reach different conclusions and to develop an understanding that there are no clear solutions to some problems. To help students develop appropriate analytical methods in studying major issues in the business-government-society relationship through the completion of case studies based on actual organizational events. ACADEMIC INTEGRITY AND PLAGIARISM POLICIES Each student enrolled in a course at NYIT agrees that, by taking such course, he or she consents to the submission of all required papers for textual similarity review to any commercial service engaged by NYIT to detect plagiarism. Each student also agrees that all papers submitted to any such service may be included as source documents in the service’s database, solely for the purpose of detecting plagiarism of such papers. Plagiarism is the appropriation of all or part of someone else’s works (such as but not limited to writing, coding, programs, images, etc.) and offering it as one’s own. Cheating is using false pretenses, tricks, devices, artifices or deception to obtain credit on an examination or in a college course. If a faculty member determines that a student has committed academic dishonesty by plagiarism, cheating or in any other manner, the faculty has the academic right to 1) fail the student for the paper, assignment, project and/or exam, and/or 2) fail the student for the course and/or 3) bring the student up on disciplinary charges, pursuant to Article VI, Academic Conduct Proceedings, of the Student Code of Conduct. The complete Academic Integrity Policy may be found on various NYIT Webpages, including: http://www.nyit.edu/about/administration/academic_affairs/academics/resources_ faculty.html LIBRARY All students can access the NYIT virtual library from both on and off campus at www.nyit.edu/library. The same login you use to access NYIT e-mail and NYITConnect will also give you access to the library’s resources from off campus. On the left side of the library’s home page, you will find the “Library Catalog” and the “Find Journals” sections. In the middle of the home page you will find “Research Guides;” select “Video Tutorials” to find information on using the library’s resources and doing research. TEACHING METHODOLOGY The student's principal obligation is to do the assigned reading, complete the quizzes and case studies. The student is required to prepare individual case study analyses based on answering specific questions on answering the questions at the end of the case as well as developing updated information regarding the topic. Additionally the students may complete quizzes available through Blackboard. It should be noted that the students are required to read 19 chapters. STUDENT PARTICIPATION As graduate students it is expected that you participate in class discussion. Toward this end students are asked to bring in a current article every day of class that relates to the Environment of Busines. Students can use Canadian newspaper articles, the Wall Street Journal, New York Times, as well as articles from the Internet. Students are asked to include a brief summary of the article (can be in handwriting) as well as the article. These will be collected and used both as attendance and evidence of completing the assignment. These articles are a major component of your student participation grade. CASE STUDY METHODOLOGY Students are required to complete two case studies in this course. You should do whatever research you feel is appropriate to answering the questions raised as well as further developing the case. The research guide at the end of this course outline gives a detailed explanation of what is required. A brief report regarding the case will be given to the class where the students and the instructor will ask questions about your conclusions. The textbook cases are integrated with the text and serve as vehicles for applying the chapter materials. These cases allow students to explore issues and to develop their on-line analytical and communication skills. The cases are generally written from the perspective of a firm that must determine how to address a particular issue or problem. The cases generally focus on a relatively well-defined set of issues. Several questions are at the end of each textbook case. Intended to guide students' preparation of the case for their individual papers, these questions are for guiding thinking, and a case discussion does not consist of simply answering the questions. Since the cases are based on actual events, the students are expected to do library research to understand the issues further, and update the events described in the text before making a decision about what should be done. Please state each question in your case studies. It helps to keep you organized and on point. Students MUST update their case studies. Some of the cases are a few years old, and in this real time world, that is ancient history. Case studies should be emailed as an attachment to Dr. Hartman. GRADE WEIGHTING FINAL EXAMINATION - 40% CASE STUDIES - 40% (COMBINED) CLASS PARTICIPATION (Articles) 20% GRADING 90-100 = A 86-89 = B+ 80-85 = B 76-79 = C+ 70-75 = C 0-69 = F Complete On Time Case Study Assignments (within one Week of their due date) with correct grammar, spelling, footnotes and bibliography = Full Credit Complete Late Case Study Assignments (up to one Week after their due date) with correct grammar, spelling, footnotes and bibliography = One Letter Grade Penalty Complete Case Study Assignments more than 3 weeks late regardless of grammar, spelling, footnotes and bibliography = Two Letter Grade Penalty Missing or Incomplete Case Study (questions not completely answered and/or no footnotes or bibliography) Case Study Assignments = 0 Points A B AVERAGE IS A PASSING GRADE IN ALL GRADUATE COURSES. REQUIRED TEXTBOOK Lawrence and Weber, Business and Society: Stakeholders, Ethics, Public Policy, 12/e (New York: McGraw Hill, 2008). 12th Edition. ISBN 0-07-353017-4. You can also download the book through McGraw-Hill’s eBook and save over 50%. Assignments November TOPICS AND CASE STUDIES CHAPTER 3 Lawrence and Weber, The Corporation and Its Stakeholders. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quiz 1 under the Syllabus and Final Exam tab. 1 4 Lawrence and Weber, Managing Public Issues and Corporate Social Responsibility. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quiz 2 & 3 under the Syllabus and Final Exam tab. 2, 3 5 Lawrence and Weber, Global Corporate Citizenship and Ethics and Ethical Reasoning. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quiz 4 & 5 under the Syllabus and Final Exam tab. 4, 5 6 Lawrence & Weber, Organizational Ethics and the Law and 6, 7 the Challenges of Globalization. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quiz 6 & 7 under the Syllabus and Final Exam tab. First Case Study Due November 9, 2009. Choose any case study listed at the end of this outline, and discuss where things stand today. Answer all questions at the end of the case and discuss where things stand today. 7 Lawrence and Weber, Business-Government Relations and 8, 9 Influencing the Political Environment. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quiz 8 & 9 under the Syllabus and Final Exam tab. 9 Lawrence and Weber, Antitrust, Mergers, and Competition and Ecology and Sustainable Development in Global Business. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quiz 10 & 11 under the Syllabus and Final Exam tab. 10, 11 Lawrence and Weber, Managing Environmental Issues and Technology: A Global Economic-Social Force. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quizzes 12 & 13 under the Syllabus and Final Exam tab. 12, 13 10 11 Lawrence and Weber, Managing Technological Challenges and Stockholder Rights and Corporate Governance. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quizzes 14 & 15 under the Syllabus and Final Exam tab. 14, 15 12 Lawrence and Weber, Consumer Protection., and The Community and the Corporation. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quizzes 16 & 17 under the Syllabus and Final Exam tab. 13 16, 17 18, 19 Lawrence and Weber, Employees and the Corporation and Managing a Diverse Workforce. Under the Course Documents tab view the Chapter Objectives, Chapter Summary, Key Terms, Flashcards, PowerPoint Presentations, and Complete quizzes 18 & 19 under the Syllabus and Final Exam tab. 18 Final Examination. The final exam is a 50 question multiple choice exam based on the previous required chapters and will be administered November 18th. DO NOT JOIN THE LONG LIST OF STUDENTS WHO WAIT TILL THE VERY END TO TAKE THE FINAL EXAM ONLY TO WATCH IT EXPIRE AND THEIR PASSING GRADE GO DOWN THE TUBE. TAKE THE FINAL EARLY. CASE STUDIES The Collapse of Enron 450 Odwalla and the E. Coli Outbreak 463 Merck, the FDA, and the Vioxx Recall 474 Kimpton Hotels’ EarthCare Program 484 Johnson & Johnson and the Human Life International Shareholder Proposal 492 GlaxoSmithKline and AIDS Drugs for Africa 501 Nike’s Dispute with the University of Oregon 509 Shell Oil in Nigeria 520 The Transformation of Shell 531 MGMT 601 RESEARCH CASE STUDY GUIDE 1. All case studies shall be typed double-spaced. Generally the length of the case study should be five pages. 2. The questions being answered within each case study are to be clearly stated followed by the student’s response. The students are required to update the case study using current resources including newspapers and the Internet. 3. Footnotes and bibliography: a) I strongly suggest using Kate L. Turabian, A Manual for Writers of Term Papers, Theses and Dissertations (Chicago: The University of Chicago Press, latest edition) as this still is the standard guide for writing term papers in the country. b) Footnotes may either be at the bottom of the page or on a separate piece of paper at the end of the text. However, footnotes inserted in the text are not acceptable simply because there is very little standard of agreement on their formatting and students invariably become confused with them. 4. Since so many of our students are using word processing to prepare their research papers, I strongly recommend students use the spelling checker option to reduce the number of spelling and typographical errors. In addition, I strongly recommend students use a grammar checker to check the grammar of all written work. 5. Acceptable research materials are authored articles in scholarly academic journals (see bibliography at end), government hearings and other documents, internal research from an organization whether published or not, published books using original research rather than reviews of previously available research, and interviews. These are termed primary source materials. Newspaper and magazine articles are acceptable secondary source materials only if they are (1) authored and (2) used to supplement primary sources mentioned above. TEXTBOOKS ARE NOT ACCEPTABLE RESEARCH SOURCES OR DOCUMENTS. Go to the original sources themselves. 6. All students are urged to make a photo copy and/or backup copy of their case studies. Students who say they have submitted the case study and never received a grade must present evidence that they did in fact submit the case study; otherwise, no grade can be given under any circumstances. 7. First class case studies are expected in this course. Team efforts are not only acceptable, but encouraged. When time permits, oral presentations of the research by students will be required. 8. All case studies are carefully read and criticized. The best way to get an A for the case study is to do A quality work and follow this guide. Plagiarism is a major No No! Any student who plagiarizes his or her research will fail the case study and THE COURSE! GIGO! REFERENCE Dictionary of Business Terms, 3rd edition (New York: Barron's Educational Series, Inc., 2000). Dictionary of International Business Terms, 3rd edition (New York: Barron's Educational Series, Inc., 2004). Dictionary of Personal Finance (New York: Macmillan Publishers, Inc., 1992). The McGraw-Hill Pocket Guide to Business Finance: 201 Decision-Making Tools for Managers (New York: McGraw-Hill, 1992). The Vest-Pocket MBA, 3rd Edition. Penguin Books. 2004. ISBN 1-59184-0511 BIBLIOGRAPHY Bansal, Pratima and Howard, Elizabeth, eds. Business and the Natural Environment. Oxford ; Boston : Butterworth-Heinemann, 1997. x, 278 p. : ill. ; 24 cm. Brooks, Ian and Weatherston, Jamie. The Business Environment : Challenges and Changes / 2nd ed. New York Financial Times, 1999. Deal, Terrence E., and Kennedy, Allan A. Corporate Cultures. Reading, MA: Addison Wesley, 1982. Friedman, Milton. Capitalism and Freedom. Chicago: The University of Chicago Press, 1962. Globalisation and the Environment : Perspectives from OECD and Dynamic Non-Member Economies. Paris, France : Organisation for Economic Cooperation and Development, c1998. 125 p. : ill. ; 28 cm. Lodge, George C. The American Disease. New York: New York University Press, 1986. Makower, Joel, The E Factor, the Bottom Line Approach to Environmentally Responsible Business. New York: Tilden Press, 1993. Maynard, Jr, Herman Bryant and Mehrtens, Susan E. The Fourth Wave, Business in the 21st Century. San Francisco: Berrett-Koehler Publishers, 1993. Mills, C. W. Power Elite. New York: Oxford University Press, 1956. Ouchi, William. The M-Form Society. Reading, MA: Addison-Wesley Publishing Company, 1984. Ouchi, William. Theory Z. Reading, MA: Addison-Wesley, 1981. Parenti, Michael. Democracy for the Few. New York: St. Martin's Press, 1988. This is an extremely insightful analysis of American society and its political structure. Must reading. Peters, Tom. Thriving on Chaos. New York: Harper & Row, Publishers, 1987. Long, but must reading for any MBA student. Russo, Michael V., ed. Environmental Management : Readings and Cases. Boston : Houghton Mifflin Co., c1999. xii, 431 p. Skinner, Steven J. The Environment of Business. Cincinnati, OH: SouthWestern College Pub., 1995. Thurow, Lester C. The Zero-Sum Solution. New York: Simon and Schuster, 1985. Welford, Richard and Starkey, Richard, Eds. Business and the Environment : a reader. Washington, DC : Taylor & Francis, 1996. xx, 284 p. : ill. ; 24 cm. LIBRARY OF CONGRESS CHRONOLOGICAL LISTINGS 93-47669: Miller, G. Tyler (George Tyler), 1931- Environment : problems and solutions / Belmont, Calif. : Wadsworth Pub. Co., c1994. iv, 150 p. : ill., maps ; 28 cm. LC CALL NUMBER: GE105 .M54 1994. 93-42691: The Environment : Towards A Sustainable Future / Dordrecht ; Boston : Kluwer Academic Publishers, 1994. xi, 608 p. : ill. ; 25 cm. LC CALL NUMBER: HC79.E5 E5747 1994. 93-32982: The Environment : Global Problems, Local Solutions / Westport, Conn. : Greenwood Press, 1994. xi, 519 p. : ill. ; 25 cm. LC CALL NUMBER: GE140 .E55 1994. 93-17760: Critical Condition : Human Health and the Environment / Cambridge, Mass. : MIT Press, c1993. xi, 244 p. : ill. ; 24 cm. LC CALL NUMBER: RA565 .C75 1993. 93-8752: Kerrod, Robin. The Environment / Library ed. New York : Marshall Cavendish, 1994. 64 p. : ill. (some col.) ; 27 cm. LC CALL NUMBER: GE115 .K47 1994. 93-7472: Cylke, F. Kurt. The Environment / New York, NY : HarperCollins College Publishers, c1993. vii, 114 p. : ill. ; 24 cm. LC CALL NUMBER: GE150 .C95 1993 92-907349: Toxic Hazards & the Environement [sic] : Case Studies. 1st Indian ed. Dehra Dun : Natraj Publishers, 1992. 132 p. : ill. ; 27 cm. LC CALL NUMBER: TD1050.E58 T68 1992 92-901552: The Indian Directory Of Environment. New Delhi : Indian Institute of Ecology & Environment : Sole selling agents, Standard Book Co., [1991] 234 p. : ill. ; 29 cm. LC CALL NUMBER: HD9718.I42 I53 1991 92-206082: Lavorgna, Gary. Environment : issues and alternatives / Needham Heights, MA : Ginn Press, c1991. 230 p. : ill. ; 28 cm. LC CALL NUMBER: GE170 .L38 1991 92-118449: Environment / [Columbus, Ohio] : OMA, c1991. xviii, 217 leaves ; 30 cm. LC CALL NUMBER: KFO354 .E58 1991 92-56728: Raven, Peter H. Environment / Fort Worth: Saunders College Publishing, 1993. xxii, 569 p. : col. ill. ; 28 cm. LC CALL NUMBER: GE70 .R38 1993 92-49539: Environment and Psychopathology / New York : Springer Pub. Co., c1993. xv, 188 p. : ill. ; 24 cm. LC CALL NUMBER: RC455.4.E58 E53 1993 92-12423: Reed, Catherine, 1950- Environment / Vero Beach, FL : Rourke Publications, 1993. p. cm. 91-190664: Recycling, energy from community waste : a guide to sources London : British Library, c1991. iv, 143 p. ; 30 cm. LC CALL NUMBER: Z7914.R2 R425 1991 91-171575: Matta, Paula. The Environment : Books By Small Presses : An Exhibition, April 22-May 31, 1990, at the Small Press Center, New York City / New York City : The Center, 1990. 60 p. ; 22 cm. LC CALL NUMBER: Z5861 .M38 1990 90-602503: United States. Congress. House. Committee on Ways and Means. The Environment : Hearings Before The Committee on Ways and Means, House Representatives, One Hundred First Congress, second session, on long-term strategies, for programs and issues within the jurisdiction of the committee, March 6, 7, and 14, 1990. Washington : U.S. G.P.O. : For sale by the Supt. of Docs., Congressional Sales Office, U.S. G.P.O., 1990. viii, 1002 p. : ill. ; 24 cm. LC CALL NUMBER: KF27 .W3 1990a 90-177987: Environment : implications for occupational therapy practice : a sensory integrative perspective : a Case Study of the Sensory Integration Special Interest Section Standing Committee of the American Occupational Therapy Association / Rockville, Md. : American Occupational Therapy Association, c1990. xiii, 149 p. : ill. ; 26 cm. LC CALL NUMBER: RJ53.O25 E58 1990 90-3819: Dudley, William, 1964- The environment : distinguishing between fact and opinion / San Diego, CA : Greenhaven Press, c1990. 32 p. : ill. (some col.) ; 29 cm. LC CALL NUMBER: TD176 .D83 1990. 89-77351: Leinwand, Gerald. The environment / New York : Facts on File, c1990. vi, 122 p. ; 22 cm. LC CALL NUMBER: TD180 .L45 1990. 89-12674: Technology and environment / Washington, D.C. : National Academy Press, 1989. x, 221 p. : ill. ; 24 cm. LC CALL NUMBER: TD153 .T43 1989. 88-602220: The Environment : managing natural resources for sustainable development. Washington : U.S. Agency for International Deveopment, [1987] 48 p. : ill. ; 29 cm. LC CALL NUMBER: HC59 .E55 1987. SCHOLARLY MANAGEMENT JOURNALS (PARTIAL LISTING) Academy of Management Journal Academy of Management Review Administrative Science Quarterly Decision Sciences Group and Organization Studies Industrial Relations International Studies of Management and Organization Journal of Business Journal of Business Communication Journal of Business and Psychology Journal of Business Research Journal of Management Journal of Management Studies Journal of Occupational Behavior Journal of Occupational Psychology Journal of Organizational Behavior Management Management Science Organizational Behavior and Human Decision Processes Personnel Management Personnel Psychology Public Administration Review Sloan Management Review