an extended essay of 1300 words about one company that has recently (in 2020 or 2021) recalled one of its products due to asafety issue or defect. I have chosen Tesla as the company and started writing a little bit. Please refer to the attachments. Thank you!
BUS B368F Extended Essay Business Issues and Ethics (2021 Spring Term) 8 May 2021 to 13 June 2021 Instructions: 1. The word limit for this extended essay is 1300-1500 words. 2. You should complete this extended essay entirely in your own words. You are not allowed to discuss, share, or check your answers with other students or any third party. You will be disqualified in case of any plagiarism or collusion with others. 3. You are required to submit a soft copy of the extended essay to the OLE on or before 13 June 2021, 5:00 pm. BUS B368F (2100) Page 2 of 2 BUS B368F Business Issues and Ethics 2021 Spring Term Extended Essay (weighting 60%) Due date of Extended Essay: 13 June 2021, 5:00 PM Extended Essay Guideline The extended essay consists of one question. The question is worth 100 marks. Question (100 marks) Identify one company that has recently (in 2020 or 2021) recalled one of its products due to a safety issue or defect. You have been hired by this company to create a plan of action to restore stakeholders’ trust and demonstrate corporate responsibility. Please include the following in your plan of action: Introduce the product recall: Describe in one sentence the selected company, and describe in one sentence the product recall. Also, provide a link to a media report (in English) which describes the product recall. Identify stakeholder groups: Identify three distinct stakeholder groups that are being affected by this product recall. Develop in-depth recommendations: For each of the stakeholder groups, please propose one recommendation. Discuss the recommendations in depth. o Discuss for each recommendation how it will help to restore the company’s ethical image from the perspective of that stakeholder group. o Discuss for each recommendation how it will help the company to remain successful in the future. o Apply relevant course concepts and theories to justify each recommendation. Formatting Requirements 1. MS Word format. 2. Font style: New Times Roman; Font size: 12. 3. Add page numbers. 4. Use headings. 5. Add a cover page. 6. Add a references section: List all sources cited in your assignment (if applicable). 7. The word limit for this extended essay is 1300-1500 words (excluding cover page and references). Tesla, Inc. is an American electric vehicle and clean energy company. Tesla Motors is the world's best-selling plug-in car company. In 2021, Tesla under pressure from US regulators, Tesla has recalled 134,951 Model S and Model X cars because a common touch screen failure may cause the loss of some safety-related functions while driving. It constituted a major safety issue. There is the link: https://www.cnbc.com/2021/02/02/tesla-to-recall-more-than-130000-cars-following-regulators-pressure.html which describes the product recall. Product recalls affect all the firm’s stakeholders, including shareholders, customers and suppliers 1 BUS B368F Business Issues and Ethics 2021 Spring Term Extended Essay (60%) – Rubrics CILOs: 1. Evaluate and apply key concepts and theories in business ethics. 2. Identify ethical challenges in major business disciplines from the perspective of different stakeholders, and propose solutions to address those challenges. 3. Discuss contemporary issues in business ethics, and critically reflect on their implications for contemporary and future businesses. Extended Essay (Total: 100 points) Fail Pass Fairly Good Very Good Excellent Introduction of the product recall (CILO 2, 3) You fail to include a description of a company that has recently (in 2020 or 2021) recalled one of its products due to a safety issue or defect. You integrate none of the following components into your answer: (1) an introduction to the company (2) a description of the product recall, (3) which toke place in 2020 or 2021, and (4) a link to a media report (in English) which describes the product recall. You provide a poor description of a company that has recently (in 2020 or 2021) recalled one of its products due to a safety issue or defect. You integrate one of the following components into your answer: (1) an introduction to the company (2) a description of the product recall, (3) which toke place in 2020 or 2021, and (4) a link to a media report (in English) which describes the product recall. You provide a fairly good description of a company that has recently (in 2020 or 2021) recalled one of its products due to a safety issue or defect. You integrate two of the following components into your answer: (1) an introduction to the company (2) a description of the product recall, (3) which toke place in 2020 or 2021, and (4) a link to a media report (in English) which describes the product recall. You provide a very good description of a company that has recently (in 2020 or 2021) recalled one of its products due to a safety issue or defect. You integrate three of the following components into your answer: (1) an introduction to the company (2) a description of the product recall, (3) which toke place in 2020 or 2021, and (4) a link to a media report (in English) which describes the product recall. You provide an excellent description of a company that has recently (in 2020 or 2021) recalled one of its products due to a safety issue or defect. You integrate all of the following components into your answer: (1) an introduction to the company (2) a description of the product recall, (3) which toke place in 2020 or 2021, and (4) a link to a media report (in English) which describes the product recall. 2 Identification of stakeholder groups (CILO 2) Your answer fails to correctly identify any stakeholder group that is being affected by this product recall. Your answer correctly identifies one stakeholder group or two not very distinct stakeholder groups that are being affected by this product recall. Your answer correctly identifies two distinct stakeholder groups that are being affected by this product recall. Your answer correctly identifies three not very distinct stakeholder groups that are being affected by this product recall. Your answer correctly identifies three distinct stakeholder groups that are being affected by this product recall. Development of in- depth recommendations (CILO 2, 3) You fail to propose a recommendation for each stakeholder group. Your central arguments are not apparent to the reader. You propose one poor recommendation for each stakeholder group. You do not discuss the recommendation in depth. Your central arguments are mostly not apparent to the reader. You propose one fairly good recommendation for each stakeholder group. You discuss the recommendation in some depth. Your central arguments are mostly apparent to the reader. You propose one very good recommendation for each stakeholder group. You discuss the recommendation in depth. Your central arguments are readily apparent to the reader. You propose one excellent recommendation for each stakeholder group. You discuss the recommendation in great depth. Your central arguments are consistently readily apparent to the reader. You provide an incorrect and unclear analysis or do not provide an analysis on how the recommendation will help to restore the company’s ethical image from the perspective of the stakeholder group. You provide a mostly correct but not clear analysis on how the recommendation will help to restore the company’s ethical image from the perspective of the stakeholder group. You provide a mostly correct but not clear analysis on how the recommendation will help to restore the company’s ethical image from the perspective of the stakeholder group. You provide a correct and clear analysis on how the recommendation will help to restore the company’s ethical image from the perspective of the stakeholder group. You provide a comprehensive, correct, and clear analysis on how the recommendation will help to restore the company’s ethical image from the perspective of the stakeholder group. You fail to discuss how each recommendation helps the company to remain successful in the future. You provide a poor in- depth discussion of how each recommendation helps the company to remain successful in the future. You provide a fairly good in-depth discussion of how each recommendation helps the company to remain successful in the future. You provide a very good in-depth discussion of how each recommendation helps the company to remain successful in the future. You provide an excellent in-depth discussion of how each recommendation helps the company to remain successful in the future. Application of course concepts and theories (CILO 1) For each recommendation, you fail to make connections with relevant course theories. For each recommendation, For each recommendation, you attempt to make connections with relevant course theories. For each recommendation, For each recommendation, you make fairly good connections with relevant course theories. For each recommendation, For each recommendation, you make very good connections with relevant course theories. For each recommendation, For each recommendation, you make excellent connections with relevant course theories. For each recommendation, 3 you fail to make connections with relevant course concepts. you attempt to make connections with relevant course concepts. you make fairly good connections with relevant course concepts. you make very good connections with relevant course concepts. you make excellent connections with relevant course concepts. Formatting and writing style Your answer’s formatting style is very poor and fails to follow the formatting requirements set in the assignment document. Your answer’s