1. What explains the high level of corruption at Siemens? How did managers engaged in corruption rationalize it? In Germany‚ bribery was legal before 1999‚ now was illegal. However‚ Siemens continued bribery‚ they sent the money to the bank in Switzerland that was difficult to trace. Also‚ they hired a lot of “consultant” to help them accomplish corrupt business. Managers rationalized that bribes were looked like a “cost of doing business” and “useful money”. They believed this way could keep the
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Explain a theory of religious ethics An example of a theory of religious ethics is Jewish ethics. Judaism is a deontological theory as we have laws‚ and it is our duty to fulfil them. The main aspect of Jewish ethics is that it is monotheistic‚ meaning there is one G-d with one moral system for all Jews to follow. Thus‚ Judaism is heteronomous as the laws are G-d given. Judaism is a monotheistic religion‚ meaning there is one G-d with one moral system in which we must all abide by. This is evident
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interest of the child. This paper explores the parental rights of reunification with their child and the impact of reuniting the child to the natural parents against the child’s will. Ethical Consideration Rule-based theory focuses on the right or wrong intention behind the consequences (Kamm‚ 2008). End-Based theory focuses on by doing the right act will result in a good outcome. Parent Factor The child was removed from her parent custody by court order due to their addiction to drugs and placed
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carrying out such duties is the basis of many democratic countries which provide their citizens with the necessary means for living on the belief that providing these services are for the betterment of society and its people’s well-being. One legal theory that exemplify how our government are structured is explained by deontology which is an ethic by which focuses on actions which are guided by moral obligations‚ while consequentialist ethic have based itself on the principle of‚ if the goal is morally
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Fat Leonard‚ Lady Gaga and the U.S. Navy: A bribery case I heard about this this ace a few weeks ago while watching CNN. It features ethical violations by naval officers who betrayed their oaths‚ sex‚ rock and roll‚ and probably drugs too. Leonard Glenn Francis‚ a wealthy Malaysian contractor at the heart of one of the United States Navy’s largest bribery scandals in decades. At 6 feet 3 inches and 350 pounds‚ Mr. Francis who is known as Fat Leonard‚ hosted dinners at luxury hotels in Malaysia
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1) What explains the high level of corruption at Siemens was how it was legal at one point in time to offer bribes‚ but once the law changed‚ Siemens continued to do brides that was once legal but now illegal. Also‚ when the company continued bribery‚ Siemens transferred money into a hard-to-trace bank in Switzerland to protect their business and help them win contracts. Managers rationalized it as the bribes being useful money‚ but in a way they were still making profit‚ and bribes were used as
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Siemens Bribery Scandal By: Courtney Miano‚ Nancy Gonzalez‚ Mohamed Jawhar‚ Vernita Leslie‚ and Ferba Hines Siemen’s is classified as a large German electronics firm. In December of 2008‚ Siemens had to settle lawsuits and pay fines due to the fact that they were caught using bribes to win business all over the world. The fines totaled a net amount of 1.6 billion. Between 1999 and 2006 when the company was raided‚ Siemens reportedly paid around 1.4 billion dollars in
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Gift Giving‚ Bribery and Corruption: Ethical Management of Business Relationships in China Gift giving is a prevalent social custom in China in all areas of life: in family and in significant relationships (guanxi)‚ as well as in dealing with political authorities‚ social institutions and business people. For all that‚ from an ethical perspective‚ it is very difficult to know when it is proper to give or receive a gift‚ what sort of gift is appropriate‚ or what social obligations gift
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Ethical theories and business Introduction When it comes to determining a set of rules‚ guidelines or principles to follow in the business industry‚ many will agree that it is difficult for everybody to agree on one due to the complexities of dealing with human nature. Therefore‚ to a certain extent‚ the field of business ethics tries to come up with solutions to handle problems that arise within the business environment. On the contrary belief‚ one should not be confused with the meaning of morality
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people should live their lives in accordance of distinguishing the right actions from wrong actions (Boatright‚ 2007‚ p. 7). In ethics normative theory propose different principles on how society can deal with this dilemma and that is through the introduction of deontological and theological ethical system. Deontological ethics or non-consequentialist theory requires people to do the right thing simply because it is the right thing to do regardless of its consequences (Barry‚ Sansburry‚ & Shaw
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