Analyze ethical aspects of organizational decision-making at WalMart Term Paper

Analyze ethical aspects of organizational decision-making at WalMart - Term Paper Example It is running successful business almost in all major countries across the globe and perhaps that is the reason why it is known as the largest retailer in the world. This paper tries to through a light on the ethical activities carried by Wal-Mart. The essay also takes into account the case of bribery the firm faced in Mexico and how it curves its way out from the problem. Wal-Mart is often termed as a hypermarket, it operates to sale varied range of goods and services to the consumers; like from dairy products to meat, cellular phone stores to pet shops. ‘Low price always’ is the jingle used by the company commonly, it provides goods at the most competitive and resalable prices (Stone, 1997). It is estimated that most of the consumers of Wal-Mart has no bank accounts and their income is almost less than that of the national average. Founded in 1962 the company was supposed to serve a healthy competition for all the other small retailers in the market. Bribery in Mexico Like all that glitters might not be gold, these are various complains against the giant organization of Wal-Mart. It is believed by many economists that the poor communities in U.S. are unfavorably affected by the special discounts given by throng merchandisers like Wal-Mart. It was analyzed that the company will made small retailers in U.S. ... The company found it to be beneficial to open a business wing in this zone as it is situated in a crowded location of the main entrance of the city and it is only a mile away from the prehistoric pyramids that sketch large strength of people as tourists. It was estimated by the analysts of the company that almost 250 customers would come each hour provided the store of the company was established in the chosen location. There was one big hindrance that came up to the business plans of the company, the elected leaders of the town decided to settle up a new zoning map. The leaders wanted to frontier the growth near the pyramids. It was also estimated that the way in of the city was already very crammed thus it would not be an efficient decision to allow Wal-Mart establish there new store in that location. This annoyed the officials of the headquarters of the company in Mexico. It was in records and interviews that the company responded to the unfavorable zoning conditions by offering a bribe of about $52000. The zoning map would not become an edict until it would come in print in the newspapers. The bribing offices of Wal-Mart bribed an executive before the new zoning map was sent in the media. Thus when the modified new zonal map was issued it gave the legal allowance to Wal-Mart to open its new store in the entrance of Mrs. Pineda's field. The protesters oppose the very entry of Wal-Mart in a location that was very near to the cultural heritage but amidst all the difficulties Wal-Mart de Mexico established their business in the grounds of the city. The business running in the entrance of the city made its crowded traffic worse off, the company almost contended the long-established community markets and ruined them. The news of Mexico was mostly covered with grumble of

Compare Aristotle justice theory to Machiavelli's justice theory Research Paper

Compare Aristotle justice theory to Machiavelli's justice theory - Research Paper Example Therefore, this is never something of ruthless power grab, but focuses on the well-being of everyone. This expression of justice is extremely different from Aristotle’s point of view, who insists that justice is based on proportions, and anything less does not qualify to be just. Therefore, this paper supports that Aristotle’s definition of justice is more definite than Machiavelli’s definition of justice because it proves some fairness in its application and is easy to understand. According to Machiavelli, injustice is a stronger, at liberty, and more masterful than justice2. He also implies justice as a significant aspect of liberty. This perception also proves that those in positions of political power dictate justice more than the peace loving and righteous citizens do. Aristotle, on the other hand, did not only describe justice on proportions, but specified that for it to prevail, equal cases should be treated alike, and unequal cases be treated differently. Therefore, being treated differently should be in direct proportions to the inequalities between the cases. This, in other terms, is principally treating similar and t dissimilar dissimilarly3. Machiavelli, as an avid reader and follower of works of other prominent philosophers like Cicero, based his definition of justice from the early works of Cicero. He developed the definition of justice, based on Cicero’s ideas, as giving each person his or her dues4. However, ensuring everyone receives fair dues is extremely significant, and no one’s interests should ever be excluded unfairly or subjected to the self-interests of other people. According to Machiavelli, justice is based on fairness, and everyone should have equal opportunities to explain and account for their sides. Machiavelli was also a philosopher, during the renaissance period, which is a time of revamping of the economies through new means of production. There was also a great insist on religion for most phi losophers. His writing of the prince depicts the prince as a ‘Judeo-Christian man’ with absolute characteristics. It is to this that his description on justice had mixed feelings. The prince was also the overall ruler who gave all final decisions on justice based on his personal thoughts. Aristotle believed that equality is based upon everyone, and even those in power should be treated on the same grounds. The fields of stressing equality were considered in terms of relevancy or irrelevancy of the case. The Aristotelian school of thought would allow a judge to give a ruling based on religion. The best example is a court case involving a Muslim and a Christian where a judge gave a ruling in favour of the Christian on a religion basis. This verdict was based on the theory of treating similar cases similarly and the dissimilar cases dissimilarly. This aptly proves that Aristotle theory of justice was biased in some aspects because basing judgement on religion is explicitly irrelevant. Aristotle also reiterates that justice requires proportionality. This in simple terms means that every person is treated equally with respect to the distribution of benefits and rights of the society. Relevant reasons should be available for treating anyone unequal. Therefore, this justifies inequalities, which relates to claiming justice based on certain provisions. Aristotle’s works, on social justice, have insisted on radical

Small Group Dynamics Essay Example | Topics and Well Written Essays - 2250 words

Small Group Dynamics - Essay Example I was considered to be the team leader for my group so I started with the point that I am glad to speak about the industrial training that we have went just before a couple of days. And i also continued with the point that the industrial visit was really a good thing because we were able to gain more knowledge regarding how the telecommunications worked. so i raised a question to my friend arthy asking what she is thinking about the industrial training she was very bossy and adamant so she turned the topic to a different side saying that the training was of no use because we were there hardly for a day and a half. So she also stated that nothing could be possible within that time to learn or to implement things. For which another mate Dhiranya started to tell i am sorry arthy i do go with Dharni because it taught us something. She also said that if you think that we have been there for nothing, so far we were learning about the telecommunications only theoretically so it was of no use to know how the things will look like, only after visiting the place we were able to see some receivers, transistors the network communication and all the other technical things she completed her point saying like this and waited for the reply. There as a leader I have to speak something and i started to stick on to the point and said my friend arthy I too go with dhiranya saying that so far if some one asks us to speak about something regarding telecommunication we would have explained them in a theoretical way but only after the training we could explain them in a better manner for an instance we can even draw and show them the things and the technical machines that we saw there. And I soon realized that Vidhya was left alone without giving her the time to discuss with us and said straightaway to the team stating that let Vidhya have her turn to think about the situation. vidhya started saying thank you for giving me a turn and said that she would go with rest of the team stating that she had some practical knowledge and it was also a useful thing to be included in her study material. She also said that she was able to know certain things that how to sort out a problem for a particular telephone connection among the million wires interconnected there. But suddenly arthy rose to a great height and said if you say so will you be able to set a default tele line straightaway without any help. This was a great conflicting thing to our group and soon accommodating to the situation Vidhya continued and said of course I will be able to do that if I have some proper training as I know where the things lie but the next step of disconnecting and joining the wires would be possible by proper training. Again arthy avoided the point and said so this was entirely a true waste of time. There of course i used my creativity and my bossiness to put a full stop to the point and said it will be a mere waste if you think that the explanations given by the faculty for our lessons are also the same as the training that we visited. Though she was taken aback for a few minutes she was finding her mistake and compromised with the answer that was given by me. So at last she said of course the training was interesting and some what helpful to an extent. But, she looked taken aback and

Priorities and setting clearer goals Essay Example for Free

Priorities and setting clearer goals Essay In the benefit of effective style, the democratic leadership style shall be the most successful style for an organization. If every company could benefit and endure this leadership style, they are becoming more successful and flexible. Leaders could both interact with subordinates and progress good development in discussions. This gives control and influence to the leader.  Other approaches to leadership success would be the trait approaches as well. Traits are the personal factors that distinguish the leader, such as intelligence and appearance. Everyone has a unique blend of qualities, such as courage, patience, ambition honesty and others and these care qualities are the real sources of leadership success. When these qualities are well-recognised, a leader can draw upon them with greater confidence, this also leads to discovery of which qualities leader lack. With this leaders can decide what needs to developed and therefore now future performance can be improved.  Trait approaches are break down into several parts. Firstly, would be the physical characteristic where looks, appearance and dressing take place. Social characteristic plays a part in the personal factors. This can create more ability for leaders to get with others. In this characteristic, communication plays a big rate. All of work and social exchange depends upon communication. It also means for sharing ideas, feelings and resources. When communication breaks down, disagreement and misunderstanding immediately occur. Listening and speaking are the foundations of communication. They both contribute in equal measure to the development of socially skilled information exchange. Researchers highlight five essentials features of clear and effective communication and refer them as social skills. Socially skilled communications are divided into 5 categories. Firstly would be the goal-directed category. When there are clear goals for the exchange of ideas or information. It is easier to recognize when communication is complete. Discussion is far more satisfying when participants have something they wish to achieve through communication because they can then work to accomplish.  Telling a joke is an excellent of goal-directed communication. The narrator knows the communication is successfully completed when the listener starts to laugh.  Taking time to consider the purpose of sharing information influences the choice of words and contributes o a more confident presentation. The coherent category refers to behavioral which makes a single, consistent overall impression as well as to the clarity and logic of the message. For example, when presenting serious information that could alarm a listener, a socially skilled speaker controls eye contact, facial expression, tone of voice and body language so that they can blend to give a single message. Nervous smiling or a hesitating manner when information is urgent detracts from the speakers credibility and potential distorts the message. Appropriate to the situation skilled communication coordinates words, behavior and timing so that presentation of information matches the needs of the situation. While coherence refers specially to personal style when delivering a message, this additional skill requires thinking about when and how a message is best delivered. This means choosing the right method, such a telephone, handwritten note, electronic means or face-to-face speech. One example of this social skill is a leader who critics a colleague face to face in private rater than in a public place. Controlled social skilled refers to the leaders self-discipline rather than the ability to discipline others. On occasion, leaders make decisions which benefit the group rather than reflect their personal preference. An example of this kind of behavior is the leader who resists taking over a task once it has been delegated. It takes enormous control to watch a younger colleague struggle to learn a task which leader could complete in just a few minutes. The reward for this kind of self-control is a stronger team. Control in this example means choosing to be silent.  The ability to learn is a vital social skill and most communication behaviour is learned by absorption and copying rather than by conscious choice. A speakers voice, gestures and movements are the end result of a lifetime of conditioning. Leaders can improve these skills when they evaluate their own performance towards discovering new ways to express themselves. This process is aided by examining the strength of the other four social skills. When there is a gap in the ability to set a goal for discussion, to be coherent, to time the delivery of information, or to maintain self-control, then leaders need to focus attention on social skill development.  In leading, create understanding in between leaders and colleagues are important as well.  It is the leaders responsibility to open a debate, encourage colleaguescontributions and guide discussion so that a common understanding emerges within the group. This understanding enhances a groups sense of purpose and contributes to their sense of unity. When leaders are committed to creating understanding, they show this through attentive listening and setting a tone of tolerant discussion within the group. Not only do these leaders gain benefit from their colleagues ideas, they also encourage group loyalty and commitment. It has already been suggested that respect generates respect. The leader has the power to begin this positive spiral of mutual appreciation. Another step to effective leadership is decision making, Whether leaders do this alone or within a group, it is essential that they act with confidence. Further, when the discussion of a decision is complete, it is the leader who signals that it is time to take action. Decision making skill are improved by focusing what are the priorities and setting clearer goals. Frequently leaders are required to make several decisions at the same time. Because full attention cannot be given to each issue simultaneously, they need to coordinate and manage information with considerable skill. Decision makers must determine the extent of interdependence among a variety of issues even as they are estimating their degree of importance.  This requires identifying priorities and making decisions about the most pressing issues first. This takes discipline, because some decisions appear to require immediate attention and yet lack genuine urgency or importance for the long term. Alternatively, some truly vital issues may be delayed or even forgotten because they lack glamour or enough noisy advocates to press for their attention. Setting cleare goals allows leaders to focus on the urgent and important decisions first, the successful outcome of these decisions first. The successful outcome of these decisions that depends upon setting clear goals. This can seem an obvious point because the priority itself would seemingly provide the goal. However, goals at the outset of a decison making process are often too vague and general to give sufficient direction. Goals give direction to the decision making process. Even so the need to achieve a specific outcome must also be balanced with flexible attitude. Conclusion: All the above approaches are discussed well proper. In leadership, all three aspect of approaches are generally important. The four most important factors influencing leadership styles would be the democratic way of leadership style, goal directed communication skills, create understanding among colleagues and leader and decision making. All its characteristic have been well-discussed and explored above. The four influencing factors are essential for successful leadership. This factors will improve leadership performance in both major and minor roles by recognizing what needs to change and practicing the necessary skills.

Strategic Position For The Future Of Sabmiller Commerce Essay

Strategic Position For The Future Of Sabmiller Commerce Essay In the brewery industry, SABMiller, which has been operating across six continents, is now one of the worlds leading brewers. Regarding of the business environment, the company has started from a developing country, South Africa, and has successfully entered into both developed and developing markets through acquisitions and joint venture. According to the financial report for the last five years, the company has been doing quite well (SABMiller, 2012). For the strategic capabilities, the firms resources and competences are taken into account. Firstly, in 1950, the firm was able to move its headquarters from London to Johannesburg in order to expand its business in Southern Africa due to the restriction of trading between the country and the international businesses. Secondly, the firm is able to raise capital through its listing on the London stock exchange. Thirdly, the firm has entered into the global market by acquiring some major brands such as Dreher from Hungary, Miller from USA and forming a joint venture in China. Then, the company also has made other acquisitions, joint ventures and brewery investments in other countries in recent years. However, acquisition may not be applied for SABMiller anymore in the future because of fewer larger transformational deals and lower prospects of high financial of returns. About the management structure of the firm, it practices decentralization as local managers understand deeper about t he local businesses (Johnson, Whittington and Scholes, 2011). 3.2 The new vision statement, mission statement and the strategic objectives Vision The best in the world in providing the most various choices for beer drinkers Mission Increase product portfolios Find more business partners Provide the most comfortable working environment Strategic objectives Increase profit to 15 % annually Increase the sale of premium beers Forming more joint ventures with local brands Upgrade the latest technology in administration and manufacturing. As time goes by, SABMiller has been growing larger enormously through acquisitions and joint ventures, and it has almost earned much profit from these business deals. Therefore, a new vision statement for the firm is to be the best in the world in providing the most various choices for beer drinkers. In order to support the vision, SABMillers mission is to increase more product portfolios for the consumers. The firm will find more business partners to grow bigger and bigger in the brewery industry. The firm will provide the most comfortable working environment that employees will be most satisfied and efficient by providing the most advanced- technological conditions. Those missions must be carried out in specific strategic objectives. First of all, the firms aim is to increase its profit by 15 % annually. Secondly, It needs to increase more types of beer, especially international premium beers to meet the rising demand in emerging markets. Thirdly, it also needs to find out more opportunities for growth with its existing product portfolios through joint ventures in local brands. Finally, the firm needs to upgrade the latest technology in administration as well as manufacturing, so the employees will feel more convenient and put more effort in their work. 3.3 Three alternative possible strategic options for SABMiller The first strategic option recommended for the firm would be the product development, which deliver new products into the existing markets. In terms of Generic strategies, this strategy should focus on differentiation by building more premium types of beer. The reason is that the beer consumption is growing in these emerging markets, and the people here are earning more (Simon, 2012); therefore, they are willing to pay more for their drink as well. Another reason is that consumers nowadays still prefer high quality beer during the economic crisis (Nadine and Simon, 2012). Although this strategy will fall into question marks in the Bostons BCG matrix as these premium beers are totally new products, they are more likely to turn into stars as the market share is growing, and the consumers will pay more as well. Product development is also a strategy belongs to the Ansoff matrix, so SABMiller needs to add more new premium beers to its brand portfolios in the existing markets such as in C hina, Latin America and South Africa, which are also emerging markets. The second strategic option would be the market development, which the firm will penetrate into new markets with the existing products. Even though the target markets here are Africa and Asia, which SABMiller has already entered, it can actually bring more brands from North America, Latin America and Europe to these countries due to the lack of its brand portfolios in these two regions. This is also a cost-focus strategy, based on the Generic strategies, for the firm as the costs of labor and raw materials in African and Asian countries such as China and Vietnam are cheaper, so it is an advantage for the company to cut costs in manufacturing. In terms of the BCG matrix, this option also fall into a question mark as local brands from Europe, for instance, are new in Africa and Asia. However, there will be a high chance to become a star within a short time as consumption is rising up in these regions. Market development is another strategy belongs to the Ansoff matrix as the firms curr ent products portfolios from North America, Latin America and Europe are totally new for consumers in African and Asian countries. The last option, which SABMiller is capable of doing and actually has succeeded before, is joint venture. Based on the case, the firm can consider entering into a joint venture with Dos Equis Brewer Fomento Economico Mexicano (FEMSA) from Mexico, or EFES Breweries International from Turkey. According to Generic strategy, this can be known as a cost-focus strategy for SABMiller because these two brands are currently doing alright in emergent markets like Latin America, Africa and Asia; therefore, SABMiller is able to have a good start as it is also operating businesses prosperously in these markets. In the BCG matrix, both SABMiller and these two brands are having high market share and growth in those emergent markets with their current product portfolios; therefore, if joint venture takes place, there will be no doubt that SABMillers market share and growth will boost up continuously. In terms of Ansoff matrix, this strategic option actually help SABMiller increase its market share i n its current markets, Latin America, Africa and Asia with the current and combined product portfolios of both the firm itself and it partners (Johnson, Whittington and Scholes, 2011). Lower cost Differentiation Broad target Cost leadership Differentiation Narrow target 3 2Cost focus 1Differentiation focus Competitive advantage Competitive scope Table 1: Porters Generic strategies Market share High Low High 3Stars 2 1Question marks Cash cows Dogs Market growth Low Table 2: BCG matrix Products / services Existing New Existing 3Market penetration 1New products services New 2Market development Conglomerate diversification Markets Table 3: Ansoff matrix Strategic options 1 Product development 2 Market development 3 Joint venture 3.4 The most recommended strategic options for SABMiller Out of the above three strategic options, join venture would be a great move recommended for SABMiller. In fact, the firm has succeeded in forming joint ventures with others firm, so it clearly shows that the company is capable of doing such kind of thing. Furthermore, the two considerable firms for forming joint ventures, FEMSA and EFES, are doing quite well in Latin America, Africa and Asia, where SABMiller is also having a good taste with its business, so it will be an advantage for SABMiller as it can achieve more growth, reduce competitors in these markets. In addition, forming joint ventures also helps SABMiller to expand its product portfolios into other current markets. To sum up, forming a joint venture can be seen as a safer option as the current product portfolios are star products with high market share, while the other two option might be a little bit riskier as the products and the markets are new and unpredictable to measure successes.

Magical Realism and Mans Search for Meaning :: Literature Essays Literary Criticism

Magical Realism and Man's Search for Meaning Five Works Cited Real life experiences that happen in a person's life are important, and these are what magical realism is all about. The meaning of life is wrapped all into our way of living. The world is full of passion and magic and without this passion and magic the world would not exist. Victor Frankl, a 2oth century psychiatrist, had this passion as well as a lot of other people who have survived many obstacles in their lives. Magic is the marvelous in reality. Everyday living is magic alone, trying to survive the rat race of today's society, yet the marvelous is there, too. Simpkins spoke of the marvelous, fantastic, and other things pertaining to magical realism (146). Simpkins states that magical realism appears to overcome the "limits" of realism (145). Leal also has given his opinion of the magic and the passion of magical realism. Leal spoke of the emotions that magical realism has. He states that magical realism is unreal and fantasy like fairy tales or made up stories (119). Leal states that the job of magical realism is to express the emotions not evoke them (121). A writer must confront reality and try to untangle it (121). In magical realism, key events have no logic or explanation (123). Frankl, in his book Man's Search for Meaning, addresses some of the same issues that are associated with magical realism. Frankl's will to meaning is used in distinguishing several forms of neurosis and traces some of them to the failure of the sufferer to find meaning and sense of responsibility in his existence. Freud stresses frustration in the sexual life, and Frankl stresses frustration in the will-to-meaning (9). Frankl refers to the strategies to preserve the remnants of one's life though the chances of surviving are slight. Hunger, humiliation, fear, and deep anger at injustice are rendered tolerable by closely guarded images of beloved persons, by religion, by a grim sense of humor, and even by glimpses of the healing beauties of nature-a tree or a sunset (10). Frankl noticed that people who survived the horrors of the nazi concentration camps had purpose. The reasons for their survival is Frankle's will to meaning. Comparing Like Water for Chocolate Frankl's Man's search for Meaning gives a great discussion of the magical in reality. Both stories had passion in the people's lives, enough to make the magical realism show.

KFC in India Case Study Assignment (Ethical Issue) Essay

Abstract The case highlights the ethical issues involved in Kentucky Fried Chicken’s (KFC) business operations in India. KFC entered India in 1995 and has been in midst of controversies since then. The regulatory authorities found that KFC’s chickens did not adhere to the Prevention of Food Adulteration Act, 1954. Chickens contained nearly three times more monosodium glutamate (popularly known as MSG, a flavor enhancing ingredient) as allowed by the Act. Since the late 1990s, KFC faced severe protests by People for Ethical Treatment of Animals (PETA), an animal rights protection organization. PETA accused KFC of cruelty towards chickens and released a video tape showing the ill-treatment of birds in KFC’s poultry farms. However, undeterred by the protests by PETA and other animal rights organizations, KFC planned a massive expansion program in India. (see http://www.icmr.icfai.org/casestudies/catalogue/Business%20Ethics/BECG044.htm) Objectives Understand the significance of cultural, economic, regulatory and ecological issues while establishing business in a foreign country. Appreciate the need for protecting animal rights in developed and developing countries like India. Understand the importance of ethics in doing business. Examine the reasons for protests of PETA Identify solutions for KFC’s problems in India. Key Terms KFC, Business Ethics, International Business, People for Ethical Treatment of Animals (PETA), Food Adulteration, Selling Junk Food, Cruelty against Animals, Animal Welfare Legislation, KFC’s Poultry Welfare Guidelines. â€Å"Each bird whom KFC puts into a box or a bucket had a miserable life and a frightening death. People would be shocked to see our footage of a KFC supplier’s employee who walks through a barn, carelessly lighting lamps and letting flames fall on the terrified birds. The air inside these filthy barns reeks of ammonia fumes, making it difficult for the birds to breathe. No one with a grain of compassion should set foot in KFC.† Ingrid Newkirk, Director, PETA. â€Å"The chicken they serve is full of chemicals, and the birds are given hormones, antibiotics and arsenic chemicals to fatten them quickly.† Nanjundaswamy. PROTEST AGAINST KFC On August 20, 2003, a five-foot tall chicken complete with an ensemble of feathers and beak hobbled on a pair of crutches outside Kentucky Fried Chicken’s (KFC) Indian outlet in Bangalore. The chicken was brought by PETA (People for Ethical Treatment of Animals) activists, who carried placards reading, â€Å"Quit India† and â€Å"Stop Playing Fowl† (a pun on â€Å"Foul†). The chicken was placed at the centre and a peaceful protest was held against the alleged ill treatment of birds in KFC’s poultry farms. Media persons were called to give the demonstration a wide coverage. Explaining the rationale behind the protest, Bijal Vachcharajani, special projects coordinator of PETA, said, â€Å"Ours is the land of Gandhi. Just as 61 years back our leaders gave a call for colonizers to quit India, we too are saying we will not tolerate cruel multinationals.† On the 61st anniversary of the ‘Quit India’ movement, PETA India wrote a letter to the Managing Director of Tricon Restaurant International, the parent company of KFC, asking them to close their sole KFC outlet in India. They got no reply. PETA activists decided to protest against KFC by carrying crippled chicken, which represented the birds suffering in the KFC’s farms. PETA claimed that after two years of intensive campaigning to increase animal welfare standards in poultry farms, other foreign fast food restaurants operating in India like McDonald’s and Burger King had improved the treatment of animals specially raised and slaughtered for food. Only KFC had not acted. Though PETA had organized other protests earlier, the crippled chicken campaign became the precursor for more intensive protests. PETA’s was one of the many shows of protest against KFC’s Indian outlet. BACKGROUND NOTE KFC was founded by Harland Sanders (Sanders) in the early 1930s, when he started cooking and serving food for hungry travellers who stopped by his service station in Corbin, Kentucky, US. He did not own a restaurant then, but served people on his own dining table in the living quarters of his service station. His chicken delicacies became popular and people started coming just for food. Kentucky Fried Chicken was born. Soon, Sanders moved across the street to a motel-cum-restaurant, later named ‘Sanders Court & Cafe,’ that seated around 142 people. Over the next nine years, he perfected his secret blend of 11 herbs and spices and the basic cooking technique of chicken. Sanders’ fame grew and he was given the title Kentucky Colonel by the state Governor in 1935 for his contribution to the state’s cuisine. Sanders’ restaurant business witnessed an unexpected halt in the early 1950s, when a new interstate highway was planned bypassing the town of Corbin. His restaurant flourished mainly due to the patronage of highway travellers. The new development meant the end of this. Sanders sold his restaurant operations. After settling all his bills, he was reduced to living on a meager $105 social security cheque. But Sanders did not lose hope. Banking on the popularity of his product and confident of his unique recipe for fried chicken, Sanders started franchising his chicken business in 1952. He called it Kentucky Fried Chicken. He travelled the length and breadth of the country by car, visiting as many restaurants as possible and cooking batches of chicken. If the restaurant owners liked his chicken, he entered into a handshake agreement that stipulated payment of a nickel for each plate of chicken sold by the restaurant. By 1964, Sanders franchised more than 600 chicken outlets in the US and Canada. The same year, he sold his interest in his company in the US for $2 million to a group of investors. However, he remained the public spokesperson for the company. KFC grew rapidly under the new owners and issued shares to the public on March 17, 1966. In July 1971, KFC was acquired by Heublein Inc. for $285 million. By then, KFC had over 3,500 franchised and company-owned restaurants in the world†¦. Sources/Links/References Peta protest KFC – part 1 Peta protest KFC – part 2 NY Times Article http://www.ecomall.com/greenshopping/peta.htm http://www.japantoday.com/jp/news/245005 http://www.foxnews.com/story/0,2933,115108,00.html http://multinationalmonitor.org/hyper/mm0196.03.html Analysis There are a number of issues relating to this incident that demonstrate the ethical and moral issues surrounding business. KFC’s business in India leads to a wide range of direct and indirect employment related to the business as a result of the investment by the company. KFC claims that it does not own chicken the farms. How honest are the claims that KFC is making? How reliable are the claims made by those who oppose KFC’s activities? What conflicts arise between the responsibilities that KFC has to the treatment of chickens and the local community, and to its shareholders, suppliers and employees, other external stakeholders? Your Assignment This is an independent assignment. Download and complete the KFC case analysis document. Save the document as named but by adding your last name then first to the end of the file name (separated by an underscore _ ) where indicated. In this document: Answer the above questions. You are to research this case using the above sources and others that you discover. Provide a work cited list only of those sources that you USE. . For full marks, use terminology and concepts from the course and its text. See the rubric at the end of the KFC case analysis document. Submit your completed copy of the KFC hard copy in class and electronic copy to the class email address by deadline date (see class website for due and deadline dates). NO EXTENSION WILL BE ALLOWED.