WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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Impacts of Unethical Behavior In 2005 former Tyco CEO Denise Kozlowski and ex-CFO Mark Swartz where convicted of taking more than $120 million in unauthorized bonuses‚ abusing an employee loan program‚ misrepresenting the company’s financial condition to investors to boost the stock price while selling $575 million in stock (Crawford‚ 2005). Kozlowski and Swartz’s defense was they did not steal from the company. The defendants maintained the board of directors approved all bonus money. Unfortunately
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Case Circuit Board Corporation Background/Introduction Circuit Board Corporation creates and manufactures printed circuit boards. The founder‚ the late Dieter Adams had started Circuit Board Corporation in 1961‚ were the computer industry was in its introductory stages. The company started by designing and manufacturing PCB’s for minicomputer companies. Maggie Adams which was Dieter Adams beloved wife was employed as a part time employee and secretary of the board to CEO after her husband died
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Rebecca Hunter Student ID 165486 JPT2 Task 1 February 19‚ 2012 Table of Contents Unit overview……………………………………page 3 Materials list………………………………….…page 4 Task analysis…………………………………….page 5 Performance objectives…………………………page 6 Lesson Plans……………….……………………page 7 Assessment/Evaluation…………….………….page 15 Unit Overview Several third
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School Board Meeting I recently viewed a taping of a school board meeting. This school board meeting was in the Waterloo Community School District. The meeting was held in the board room at the Education Service Center. This center is located at 1516 Washington Street in Waterloo‚ Iowa. The meeting was held on March 26‚ 2012‚ at 6:00 p.m. The board members that were present were Shanlee McNally‚ Sue Flynn‚ Andrea Sparks‚ and Lyle Schmitt. Also in attendance was President of the
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Unethical Marketing of Children’s Lunchbox Foods Brilliantly marketed highly salty foods are being deliberately targeted for our children’s lunchboxes. According to Consensus Action on Salt and Health (CASH)1 the promotion of extremely high salt foods targeted at school lunchboxes is an unethical marketing practice. Four out of five items surveyed by CASH used a combination of at least three marketing techniques to specifically aim at children. "The use of marketing practices targeted at children
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Case 1: The Recalcitrant Director at Byte products‚ Inc. 1 What are the issues? Problems? Demand increase‚ versus current plant productivity. 2 What is the Solution? Alternatives? a Short Term : reopening an old plant in a village in England b Long Term: opening new plant Main Issues rose after agreeing on the short term solution: Corporate social responsibility issue‚ Local Community Strategic Alternatives‚ Board of Directors’ Role Communications‚ Corporate Stakeholders Ethics and Values‚
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2.4 The Purpose of the implementation of Codes of Ethics of the Directors in Corporate Governance. At the quarter of the 20th century‚ as technologies like internet have made world business or international business all more viable‚ the business ethics domestically have grown in importance along with the power and significance of major businesses. So that‚ directors code of ethics take center stage as a major concern of the modern era as most of the business are dealing with an international business
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The adolescent years are among the most tumultuous of the entire lifespan. What do you think is the most challenging area of growth for an adolescent? For the parent of the adolescent? The journey of childhood to adolescence can be a difficult adventure for all involved. Dr. Chap Clark touched on many aspects throughout his video presentation about the do’s and don’ts that we as parents/guardians need to be made aware of. The 1st key that Dr. Clark talked about was understanding
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I. PROJECT SUMMARY BACKGROUND OF THE STUDY A successful printing company‚ whom one of the members is employedby‚ is one factor that pushed nine students to come up with a digital printing service business. Also‚ we have another member who has been a graphic artist. Considering these advantages‚ we strongly believe that it would be easier for us to formulate new ideas which will bring our studies to be in the line of high competition in the printing industry. Furthermore‚ experiences of them with
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