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Qualification - OTHM Level 7 Diploma In Strategic Management And Leadership
Unit Name - Business law, Ethics and Corporate Social Responsibility
Unit Reference Number - T/507/2624
Unit Level - Level 7
Unit Number - Unit 08
Assignment Title - Business law, Ethics and Corporate Social Responsibility
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Unit Credit - Credit 15
Learning Outcome 1: Critically discuss the impacts of global integration on organisations.
Learning Outcome 2: Critically discuss the socio-cultural, ethical and moral issues that affect organisations in the current economic environment.
Learning Outcome 3: Analyse the role of corporate governance in organisations.
Learning Outcome 4: Critically discuss Consumer Protection laws.
Learning Outcome 5: Critically analyse regulations related to trading online.
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Aim: This unit provides the learners with an understanding of the effect of legislation, ethics, and global integration on decisions, corporate governance, policies, processes and activities undertaken by organisations. Global integration demands wider understanding and ensures good corporate governance, corporate governance is concerned with the arrangements for the management of an organisation and the regulation of the relationships between the organisation's different stakeholders. Organisations have to be concerned with the legal, regulatory, ethical, moral, cultural and environmental dimensions of their activities and the effects that these activities have on others where, aim of this unit is also to offer the learners' thorough knowledge on all of these aspects.
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Assessment
» International business environment - PESTLE (political, economic, social, technical, legal, environmental) analysis; market size; economies of scale;
» Multinational corporations: transnational corporations; international institutions - World Trade Organization (WTO), World Bank, International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), the Group of Twenty (G-20);
» Global financial stability: capital investment; emerging economies (tiger economies, BRIC economies); European Union (EU); corporate values; corporate social responsibility; fair trade; transfer pricing;
» outsourcing; developing world production; human rights; child labour; intellectual property (copyrights, trademarks, patents); corruption; pariah states; piracy; counterfeiting; hegemony; cultural imperialism; cultural factors.
» Social, cultural, ethical and moral issues: equal opportunities, diversity; disability; discrimination; racism; harassment; bullying; whistleblowing; privacy; confidentiality (up-to-date legislation covering these issues must be used); workforce profiling; dignity in the workplace; multi- culturalism, stereotyping; labelling; prejudice, glass ceilings; human rights; Citizen's Charter, moral imperatives; value rigidity; empowerment; management styles; work-life balance; childcare provision; professional development; employee participation; ethical standards in business activities (finance, human resources, marketing, dealing with stakeholders); affirmative action; codes of practice; organisational policies; staff training.
» Corporate governance: nature, purposes (direction, oversight, accountability); board responsibilities; transparency; disclosure; objectivity; integrity; ethical behaviour; organisational culture; stakeholders' interests; principal/agent; governance controls (internal, external); best governance practice
Assistance with Global Business Environment Analysis: Evaluating pivotal factors and discerning strategic complexities inherent in operating within a global context.
» Regulatory requirements: Cadbury report; Rutteman guidance; Greenbury report; Hampel report; Turnbull report; Higgs report; Smith report; Companies Acts (2004, 2006); the 8th Company Law Directive of the European Union (2006), Sarbanes Oxley Act (2002, US) - impact on domestic business; UK;
» Corporate Governance Code: stock exchange listing requirements; incorporation of legal and regulatory requirements into organisational policies, practice and procedures.
» Environmental laws, issues: ecological and anthropocentric world views; climate change e g. Kyoto Protocol, Rio Earth Summit; carbon emissions; biodiversity; environmental degradation; conservation; overpopulation; genetic engineering; resource use; resource depletion; waste; pollution; externalities, public goods, free goods; green accounting; balanced mandatory cards; corporate responsibilities; health and safety at work; accident prevention; employment contract; employer's duty of care; occupational health
» Environmental legislation: EU legislation; UK legislation; environmental protection (air, environmental permitting, land, waste, water, chemicals); noise and nuisance; climate change; energy conservation (the most up-to-date legislation covering these issues must be used)
» Consumer protection in the United Kingdom: Consumer Credit Act 1974; Unfair Contract Terms Act 1977; Sale of Goods Act 1979; Unfair Terms in Consumer Contract Regulations 1999; Office of Fair Trading; Trading Standards; Competition Commission; English contract law; Consumer Protection from Unfair Trading Regulations 2008; Control of Misleading Advertisements Regulations 1988 (comparative advertisements); Supply of Goods (Implied Terms) Act 1973; Consumer Protection Act 1987;
» Cyber law or Internet law; Consumer Protection (Distance Selling) Regulations 2000; Telecommunications (Data Protection and Privacy) Regulations 1999; Electronic Commerce (EC Directive) Regulations 2002;, EU's Electronic Commerce Directive 2000; EU's Electronic Commerce Directive 2000.
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Also read: Analyse complex issues in CSR and corporate governance: Delving into the complexities of business ethics and corporate social responsibility within the framework of Business Ethics and Corporate Social Responsibility, OTHM Level 5 Diploma in Accounting And Business.
Learning Outcome -
The learner will:
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Assessment Criterion - The learner can:
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1. Critically discuss the impacts of global integration on organisations.
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1.1
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Explain the effects of globalisation on national
economies using Global PESTEL analysis;
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1.2
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Evaluate the role of the EU on business organisations;
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1.3
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Explain the role and responsibility of international institutions on
the organisational practices.
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2. Critically discuss the socio-cultural, ethical and moral issues that affect organisations in the current economic
environment.
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2.1
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Critically analyse various socio-cultural, ethical and moral issues that affect organisations in the current economic environment;
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2.2
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Critically discuss the responsibilities of organisations to improving
workforce welfare;
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2.3
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Compare and contrast organisational approaches to ensuring
positive policies of ethics and maintaining workforce diversity.
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3. Analyse the role of corporate governance in organisations.
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3.1
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Discuss the significance of responsible corporate governance in
organisations;
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3.2
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Critically analyse the regulatory requirements that shape corporate governance;
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3.3
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Critically evaluate the impact of regulatory requirements on
corporate stakeholders' interests in an organisation.
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4. Critically discuss Consumer Protection laws.
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4.1
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Analyse the significance of consumer protection laws in a country;
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4.2
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Interpret appropriate consumer protections laws and explain the
actions that need to be taken by organisations to protect consumer's interests;
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4.3
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Discuss the measures that exist in an organisation to protect
consumers' interests.
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5. Critically analyse regulations related to trading online.
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5.1
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Analyse the significance of legislation related to trading online;
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5.2
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Explain the actions that need to be taken by organisations to
achieve the aims of the legislation;
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5.3
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Develop a business policy for trading online by using appropriate legislation related to trading online.
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