Course: Legal & Ethical Environment Professor: Dr. Libertella Chapter 16 Business Ethics Perspective P419 1. Stewart was not an insider of ImClone and she received the tip from her stockbroker. Does she have an ethical obligation to ask where the tip came from or why the broker was recommending selling the stock? Does the fact that Stewart was an officer and director of a publicly traded corporation require her to use higher ethical standards when buying and selling stock of other companies
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An Ethical Dilemma in the Health Care Setting Bobbi K. Handy HCS/478 November 29‚ 2010 Barbara Scheibe‚ RNC‚ MSN An Ethical Dilemma in the Health Care Setting Ethical dilemmas in the health care setting present themselves almost daily. It is imperative that the health care worker be able to understand when an ethical dilemma presents itself and know how to deal with the dilemma in the best interest of all involved. Many ethical dilemmas that health care workers face are difficult
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INTRODUCTION The first article ‘hundreds of economists agree Marijuana legalization could save taxpayers $13 billion per year’ by Jonathan Benson underlines a sensible ethical issue which legalizing a plant regarded as drug – though non-narcotic – in other to save and to make more money. In second article‚ “Pepsi’s ’Next’ generation - Less sugar!”‚ Scott Morefield highlights Pepsi’s procedures of making soft-drink –thereby making money – which harmful for the customers. On one hand‚ Pepsi gets
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But being ethical is clearly not a matter of followings one’s feelings. Ethics‚ however‚ cannot be confined to religion nor is it the same as religion. Being ethical is not the same as following the law. The law often incorporates ethical standards to which most citizens subscribe. But laws‚ like feelings‚ can deviate from what is ethical. Finally‚ being ethical is not the same as doing “whatever society accepts.” In any society‚ most people accept standards that are ethical. But standards of behaviour
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The Importance of Ethical Leadership Ethical leadership is the foundation to successful leadership. There is no substitute for honesty and integrity inside and outside of the workplace. It is something that is extremely difficult to earn back. Once someone’s ethical persona has been jeopardized that person may not ever be able to regain it‚ especially if that person continues to work among the same peers. Ethical leadership sets the tone for the culture of the organization. In the article
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Ethical Perspective In the following paper I am going to describe the four different ethical perspectives. I will start by describing my own personal ethical perspective as described by the University of Phoenix Ethical Awareness Inventory. After I describe my personal ethical perspective I will evaluate all four of the ethical perspectives starting with character/virtue based. I will then continue with obligation/ deontology based and results/utilitarianism based. I will conclude with a brief description
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Ethical and Unethical issues about Coca Cola http://www.bigbrummie.co.uk/ The company has come under fire in the last few months for the way in which its workers are treated in Guatemala. On February 25‚ 2010‚ Coke was sued by those Guatemalan labourers‚ who claim that they‚ “endured a campaign of violence” from the people who worked for the bottling or processing plants owned by Coke. (Unethical) In 1998‚ Coca-Cola set up a bottling plant in Perumatti in the southern state of Kerala. Since
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STANDARD COSTING VARIANCES Materials Actual Production X X X Vs. Standard Usage Standard Price Actual Usage Actual Production X X X Vs. Standard Usage Standard Price Actual Usage Actual Price Actual Price Total Variance Actual Production X X X Vs. Standard Price Actual Usage Actual Usage Actual Production X X X Vs. Standard Price Actual Usage Actual Usage Price Variance Actual Price Actual Price Standard Price Standard Price Actual Usage
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Universal Accounting Standards Issue The internationalization of business activities has increased exponentially over the past 3 decades. Because the accounting standards and practices of different countries have developed in response to diverse environments‚ accounting has developed with strong national accents . As a result‚ multinationals with branches and investments in a wide array of countries find it difficult to achieve a consolidated financial report. Further‚ investors in these multinationals
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INDIAN ACCOUNTING STANDARDS - A PERSPECTIVE The paradigm shift in the economic environment in India during last few years has led to increasing attention being devoted to accounting standards as a means towards ensuring potent and transparent financial reporting by corporate. Further‚ cross-border raising of huge amount of capital has also generated considerable interest in the generally accepted accounting principles in advanced countries such as USA. Initiatives taken by International Organisation
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