-Read this scenario, and then prepare a succinct, 6-page essay, using the writing template, and use 5 references.
–Use 5 references (there should be at least five in text citations to correspond to the references) to defend your position. Use 6th edition APA form and style and the provided writing template.
-No Plagiarism allowed, No copy and paste allowed
– It has to be your idea and your own answers or at least it should look like it.
-Paraphrasing is allowed as long as it looks like your own words and does not get caught when professor runs, scans it throughout the computer. (This you have to be very careful i do not want issues, do not abuse this option please)
-Reference and Citation is only allowed for maximum of 250 Words
–MAKE SURE IT IS 1500 WORDS AND SPREADED TO 5 PAGES
-IF INSTRUCTIONS ABOVE IS NOT FOLLOWED PROPERLY I WILL HAVE TO MAKE YOU REDO IT AGAIN.
You are speaking for the executive board of a small oil company, Future Fuel, in Colorado. The CEO and founder, Alica Hardy, is very avid supporter of sustainability and innovation. He insists that money invested now will pay off in big dividends down the road. Everyone involved has a legitimate concern for the environment and share and support Hardy in her personal and business philosophy. Everyone is also very aware of the momentum of the growing “green” movement. The R&D (research and development) budget for seeking new renewable and viable alternative sources of energy has traditionally been between 22-24% of your operations revenue. The board has decided to increase that budget line item to 35% for the next fiscal year on the strong recommendation of Hardy.
Additionally, it has been decided to equip the headquarters and other 8 sites in the west with active solar energy systems and wind power generators. This is a publically held company and the stock has been less than stellar in its last 3 quarters’ performance. The third quarter just ended, and the quarterly shareholders’ meeting is about to be held. The earnings after operating costs are modest. You, as the board representative, are announcing your numbers and the plans to increase the R&D budget and installation of renewable energy systems.
Discuss the above scenario as the executive board of Future Fuel and in 5-pages answer these questions. This is not a speech, nor a narrative, nor personal opinion. You are presenting the board’s position to the shareholders.
- What are you actually aiming to achieve? Why?
- What is your organization’s policy/position on corporate social responsibility and ethics – your corporate philosophy?
- What does the company owe to its shareholders? Why?
- What return on investment does your activity/enterprise require? Is this a strategic driver in itself, or simply the means by which you maintain your activities in support of your organization’s goal(s) from question 1?
- How do you balance the needs of the shareholders and the need to innovate?
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