Unit 5 Dq 1

Week 5 DQ1
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The company you work for makes filters for kidney dialysis machines. Several shipments of filters do not meet U.S. Food and Drug Administration (FDA) standards. Since they do not properly filter the kidneys, they cannot be sold in the United States. In order to at least partially offset the cost of production, the company decides to sell these filters in certain Third World countries where the standards are not as stringent. If your last name has a total of 6 or less letters in it, state why the company has the legal and ethical right to sell these filters in Third World Countries. If your last name has a total of 7 or more letters in it, state why the company should not sell the filters in a Third World country, on legal and ethical grounds.
The most obvious reason this company has the right to sell these filters in certain third world countries is the fact that these countries do not have restrictions on the types of filters sold there.
When I think of a third world country I think of countries that do not have easy access to medical care. These filters could actually help some of these countries that couldn't afford to buy filters that are FDA approved. International law would protect the company with the transaction with these third world countries because the company is abiding by the law of the third world country. The FDA regulates items sold in America and not items that are sold to other countries. The company is obeying the law and could possibly help these poor countries by selling them the filters for less than what they normally have to
pay.
Week 5 DQ2
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You have recently been hired to run the accounting department for Ajax Enterprises. Despite increasing sales, Ajax has had financial problems recently. As you review the books for Ajax, you notice some entries which trouble you. Upon further investigation, you discover that the former head of the accounting department was utilizing company funds for his personal use. When you call him to verify this, he admits having taken the funds and tells you that he is in the process of procuring a loan and will pay the entire amount back to Ajax. He asks that you not tell anyone at Ajax or anywhere about this matter since he has just started a new job as Chief Financial Officer for a Fortune 500 company. If he loses the job, it may cause him to not be able to procure the loan and, therefore, ruin his ability to repay Ajax. You know that, if he cannot repay Ajax, the financial result would be severely damaging to its business. What actions if any, will you take? Explain why you have decided to take the course of action you chose.
In this case I would worry about my own job over his. I understand that if he loses his job that he would possibly not be able to repay the amount he owes. But, on the other hand I know if my supervisors found out later that I kept this information from the company that my job would be on the line. I would probably be fired and have a hard time being hired by any other company due to my reputation and possibly legal charges the company could file against me. I would definitely notify the proper people in this case simply because I care about my job and care about the company I work for. That would be the ethical thing to do.