• FOUR (4) $5000 scholarships will be awarded to 4 Business School undergraduate students for Fall 2018 term
• Students must have 3.0 overall GPA and need to have completed at least 30 credits by the beginning of the Fall 2018 term. Transfer students need to have completed at least 30 credits by the beginning of the Fall 2018 term of which a minimum of 9 credits must be from RMU.
Scenario Questions:Question 1Discuss whether you believe government has a moral obligation to establish (and adjust) a minimum wage or whether the market should determine the level of compensation for any particular job. Question 2Assuming the minimum wage proposal passes:a. What feasible options might you consider in the operation of your business in response to the increase in labor costs, weighing such factors as profit margin, price increases, and layoffs? b. What ethical and practical issues would you consider in terms of your own financial well-being, the welfare of your employees, and the impact on your customers as you contemplate your options for responding to a minimum wage increase? Question 3Taking into account your answers to the questions above, discuss what you would do (in operating your business) in response to the increase in the minimum wage, and explain the reasons for your decisions.
Informational Resources on the minimum wage:1. https://poverty.ucdavis.edu/faq/what-history-minimum-wage (hyperlink)2. “The original purpose of the minimum wage was to stabilize the post-depression economy and protect the workers in the labor force. The minimum wage was designed to create a minimum standard of living to protect the health and well-being of employees. Others have argued that the primary purpose was to aid the lowest paid of the nation's working population, those who lacked sufficient bargaining power to secure for themselves a minimum subsistence wage.” https://www.law.cornell.edu/wex/minimum_wage
References(1) https://www.huffingtonpost.com/entry/minimum-wage-poll_us_570ead92e4b08a2d32b8e671(2) http://smallbusiness.chron.com/employee-turnover-statistics-restaurants-16744.html
• Format: Double‑spaced, Times New Roman 12 pt. font, 1" margins, minimum of 4 pages and a maximum of 8 pages.
• Address each of the questions asked as part of this case analysis.
• Your case analysis should incorporate a variety of resources including outside resources, full citations, references and appendices as needed. Additionally, you may incorporate your own academic and/or work experiences. You must cite all sources used in your submission, if not you are in violation of the Robert Morris University Academic Integrity Policy. Wikipedia will not be accepted as a reference source, nor will Blog sites. Refer to the OWL website available via Purdue University (http://owl.english.purdue.edu/) for information on proper citation format.
• This case analysis is an individual assignment. As a Robert Morris University student, you are subject to the Robert Morris University Academic Integrity Policy (www.rmu.edu/academicintegrity). As a scholarship applicant, you are required to sign an affidavit ensuring that your submission represents your individual work. This statement is provided on the application. Submissions may be run through Turnitin to assure there is no plagiarism.
1. Understanding of the Issues and its Implications2. Originality in Approach3. Coherent Line of Argument4. Clarity and Effectiveness of Style5. Research and Bibliography6. Adherence to Format and Length Rules (Double‑spaced, Times New Roman 12 pt. font, 1" margins, minimum of 4 pages and a maximum of 8 pages)
Save your case with your name and 2018 Integrity First case submission as the file name.
Call or email Scott Branvold, SBUS Ethics Committee Chairperson if you have any questions: 412-397-6375 (office), firstname.lastname@example.org, or email@example.com.