Ethics for Managers……………………… 1 answer

Ethics for Managers……………………… 1 answer

Founded in Sweden by a 17-year old Ingvar Kamprad in 1943 and now regarded as one of the largest retailers in the world, IKEA has definitely stood the test of time. IKEA is often in the press and have provided quite a lot of information about the business on their own corporate website and thus provide us with a good opportunity to study an organisation from the perspective of ethics. To get you started, you will find three press articles and four links to reports from the past few years about IKEA: You will find out more about IKEA here: • _http://www.ikea.com/gb/en/this-is-ikea/about-the-ikea-group/ Here is a link to some of the IKEA media releases: • _http://inter.ikea.com/en/media/news/ You will find the key figures about Ikea here: • _http://www.ikea.com/gb/en/this-is-ikea/about-the-ikea-group/key-figures/ 2 You need to do your own research and consider IKEA from the following ethical perspectives: 1. What are the most significant ethical issues that IKEA has faced recently? How has the company addressed them? 2. How does IKEA’s vision, mission and code of practice influence its actions? Give examples that illustrate this. 3. Discuss IKEA’s CSR actions from the perspective of Carroll’s Four Part Model of Corporate Social Responsibility. 4. According to Mitchell et al’s (1997) three key relationship attributes (power, legitimacy and urgency), who are IKEA’s key stakeholders? For these stakeholders, do you think IKEA treats them ethically? Justify your answer. 5. Considering your research and analysis, provide a number of recommendations for the organisation in order for it to be a more ethical company in the future.

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