Icelandic Freeze Business and Economics Essay
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages To Order 5-10 Pages Description/Paper Instructions
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Project 3: Icelandic Freeze
Instructions
Project 3: Icelandic FreezeIn the third assignment, you have the opportunity to gain an understanding of the ethical practices in a business related to wages. You will research and identify the ethical issue presented in the case scenario, identify the ethical dilemma associated with the presented case scenario and assess the scenario in terms of ethical relativism and moral universalism.
NOTE: All submitted work is to be your original work. You may not use any work from another student, the Internet or an online clearinghouse. You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (Students are held accountable for in-text citations and an associated reference list only). Serious sanctions can result from violations of any type of the Academic Dishonesty and Plagiarism including a zero on a project, a zero for the course or dismissal from the University.
Read the Case Scenario
Josh Garrett is Head of Packaging and Distribution at Biotech Health and Life Products (Biotech). Josh is in charge of all of the branches the company has throughout the world.
Josh has been reviewing cost reports for the different branches. He is concerned with some of the results. His main concern is with the rising costs of unskilled labor at the Germany branch. Many of the employees in the Packaging Department are classified as unskilled laborers making minimum wage. Josh decided to research the matter further and found that the current US federal minimum wage is $7.25 per hour, which has not changed since 2009. Interestingly, the German government recently raised its minimum hourly wage by 4% to 8.84 euros per hour ($9.79 – USD). This information weighs heavily on Josh since another raise would be costly for the company.
Adding to the concern about the increase in unskilled labor costs is that distribution costs between Europe and North America have risen considerably. The shipping crisis of 2016 has caused cargo costs to rise for all transatlantic routes and with the demise of the low-cost flight service of Air Berlin, cost in Germany have increased.
Josh is a great outdoorsman and loves Iceland. It occurred to Josh that relocating the majority of the Packaging and Distribution Department from Germany to Iceland and setting up a distribution center would solve these problems because production and distribution costs would be lower in Iceland. Iceland is the halfway point in the transatlantic route. The new location would eliminate the need to ship long-distance hauls. Josh also knows that Iceland is one of the poorest countries in Europe so if part of the business is moved to Iceland, he will receive the credit for job creation in the country.
Josh decided to research Iceland as a potential location. His research showed:
All professions are exempt from minimum wage;
Salaries are determined by collective bargaining agreements with most professions paying 260,000 and 300,00 ISK or $2,600 – $3,000 a month;
Salaries are higher due to contributions to universal health care coverage;
The cost of living is higher than many other European countries;
The average wage in Iceland is approximately $3160 before taxes per month for a full-time worker;
Income tax is 37.3 percent for most people. However, income tax is higher for those workers who earn higher wages.
Josh had not expected the higher salary base but further research showed that Josh could improve the rate considerably by hiring young people between the ages of 15 and 18 who could work up to 40 hours a week since mandatory schooling ended at age 16. Josh believed he could negotiate a much lower salary.Iceland’s teenage unemployment is higher than the country’s overall unemployment. Hourly costs are quite a bit higher than in the United States and slightly higher than in Germany. However, Josh believes the change in logistics will cut distribution costs in the Canadian and Germany branches, and will more than make up for increase in labor cost.
Josh also has a desire to help the young people of Iceland. He believes he is being socially responsible in cultivating one of the poorest European countries and its low wage earners.
Josh decides to go ahead and move most of the German production and distribution business to Iceland as well as open a new distribution center. In moving to Iceland, Josh decides to exclusively staff young workers and let the workers go before they reached the age of 19 prior to the time when the worker’s contract had to be renegotiated.
In Iceland, employees fall within one of two classification, young workers and adults.
A young worker is anyone under the age of 24. An adult is a worker over 24.
Young workers include youth, children and adolescent workers.
Youth are those under 18 years of age.
A child is an individual under the age of 15 and still in compulsory school.
An adolescent is an individual under the age of 15 but not in compulsory school.
Young workers are subject to restrictions dependent upon the type of work, the work environment and times worked.Youth unemployment tends to be extremely high. Youth can only work part-time since a person must be 18 years of age to work full-time.
Josh’s plan came under dispute when two recent lay-offs brought his employment practice to the attention of the staff who believed that Josh’s employment practices were unethical. The workers feel Josh is trying to use the system to avoid paying workers a fair wage and stopping workers from gaining full-time employment since after the age of 18, a worker’s contract must be renegotiated.
If the matter is not quickly settled, the workers will go to the Collective to ask for higher wages and request a guarantee of full-time employment when they reach the age of 19.
The workers have also questioned the company’s policy of paying different wages for the same job in different worldwide locations.
The company has always had a policy of ensuring fair wages dependent upon the country in which the company operates. However, if workers go to the Collective, the company will have to pay more money than is reasonable for unskilled labor costs, and will compromise the move to Iceland. Josh knows the higher labor cost will negatively affect the company financially. Added to his concerns is that he knows that unskilled workers within Biotech make different wage amounts, especially in Germany, Mexico and the United States. In these locations, wages are much lower. Josh thought to himself, “is it fair that the workers in other countries are making so much less than the workers in Iceland?”
Instructions
Step 1: Write the Introduction
Create the introductory paragraph. The introductory paragraph is the first paragraph of the paper and tells a reader the main points covered in the paper. To help you know how to write an introduction, view this website to learn how to write an introductory paragraph: http://www.writing.ucsb.edu/faculty/donelan/intro.html
Step 2: Answer the following
Assume Josh’s employment practices are unethical.
Explain the meaning of an ethical issue;
Identify and explain the ethical issue in the case scenario using the course material to support the reasoning and conclusions made;
Identify the one ethical issue in the case scenario that is irrelevant to the case scenario. Explain why.
Identify and explain the ethical dilemma. Use the course material to support the reasoning and conclusions made;
Define ethical relativism and moral universalism;
Does this case scenario illustrate ethical relativism or moral universalism? Explain why or why not.
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. The can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
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