Running head: Case Study Report 3 Case Study Report 3 Deb Gephart Western International University LDR 620 Ethics and Corporate Social Responsibility Ray November January 28‚ 2008 Case Study Report 3 I chose to report upon the case study involving ImClone and Samuel Waksal’s deceitful practices involving selling personal shares of ImClone stock. Samuel Waksal knowingly participated in insider trading which involved selling his ImClone stock and then notifying his family of the
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Code of Ethics and Security Case Study December 20‚ 2010 Abstract As we examine the case of “Cop Gets 15 Years in Torture Case”‚ we evaluate from four different perspectives the different ethical theories; ethical relativism‚ ethical egoism‚ deontological ethics and ontological ethics to determine how the different perspectives support or condemn the conduct in this case study. The case involves the brutal sodomizing of a black male Haitian immigrant‚ Abner Louima by two white New York police
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-back-business§ http://www.cuttingedgepr.com/articles/corprep_important.asp§ http://www.brighthub.com/office/entrepreneurs/articles/115557.aspx§ http://smallbusiness.chron.com/effects-lack-ethics-business-environment-23332.html§ http://content.time.com/time/magazine/article/0‚9171‚2113176‚00.html§ http://www.thefreedictionary.com§ To a large extent‚ I agree with this statement. Many companies owners suggested that successful business depend on how profitable the business is‚ instead
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Ethics Case Study Matthew Gourlie ETH/557 November 17‚ 2013 We have all heard the term ethical code; however do people actually know what ethics mean. To some ethics is moral principle to do what is right and just without thinking about the consequences. However‚ ethical code is more than just morals it is principle rules set in place to ensure people and businesses to set out to cheat someone. According to Dictionary.com “ Ethics have three true meanings; a system of moral principles
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“Business research is defined as a systematic inquiry that provides information to guide managerial decisions. It is the process of planning‚ acquiring‚ analyzing‚ and disseminating relevant data‚ information‚ and insights to decisions makers in ways that mobilize the organization to take appropriate actions that maximize performance.” (Cooper & Schindler‚ 2011‚ p. 5) “Ethics is the concepts and fundamental principles of decent human conduct. It includes study of universal values such as the essential
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Business ethics and CSR Introduction In the past time‚ the majority of enterprises regarded business ethics as internal regulations to comply with the rules of legal standards(Trevino and Nelson‚ 2010). However‚ the condition changes in modern times. Business ethics is more and more important to identify what it is right or wrong during the process of working or trading and so on(Wheelen and Hunger‚ 2011)‚ which is closely related to the interests of stakeholders. Under the background‚ many companies
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the right for committing the theft out of desperation due to the pharmacist’s experimental drug‚ we need to consider the first and fourth stages of moral development. The first one governs that consequences arise based on one’s actions‚ which in this case appear as Officer Brown noticing the theft. This leads into the fourth stage‚ as despite his close friendship with Heinz‚ failure to report this could lead to another witness reporting the incident instead‚ which in turn would lead to legal repercussions
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Ethics in International Business The recent international events‚ with a major financial crisis all over the world‚ involve important questions about the relation between ethics and economics and the responsibilities of the economic market in relation to broader social and political concerns. The recent global financial crisis has recently existed with a lack of awareness on business ethics policies where unprofessional practices are performed on dangerous mortgage borrowers have occurred without
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Utilitarianism Utilitarianism is an ethical theory that assesses an action as morally right and just if it produces the most amount of net happiness. There are two forms of utilitarianism: act utilitarianism and rule utilitarianism. Act utilitarianism is the standard form‚ which considers all paths of the action that lead to immediate and long-term happiness‚ as well has the magnitude and how long the happiness will last. Furthermore‚ if all paths lead to the same amount of net happiness‚ each
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An Islamic Approach to Business Ethics | Dr Sabahuddin Azmi[1] What is Ethics? * Ethics may be defined as the set of moral principles that distinguish what is right from what is wrong. * Ethics has a twofold objective: it evaluates human practices by calling upon moral standards; also it may give advice on how to act morally in a given situation. * Ethics‚ aims to study both moral and immoral behaviour in order to make well-founded judgments and to arrive at adequate recommendations
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