Business ethics issues in the movie "Boiler room" Business comprises principles and standards that guide behavior in the world of business. Stakeholders-investors‚ customers‚ interest groups‚ employees‚ the legal system‚ and the community often determine whether a specific behavior is right or wrong‚ ethical or unethical. Judgments of these groups influence society’s acceptance or rejection of a business and it’s activities. Every business has a social responsibility toward
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In business today‚ there are opportunists that will attempt to take advantage of a situation for personal and monetary gain. The movie”Boiler Room” is one such example of these opportunists taking advantage of others. The movie focuses around the main character‚ Seth Davis‚ a young man who has made thousands of dollars running an underground casino out of his house. His father‚ who is a federal judge‚ finds out about the casino and tells him to close down the casino and search for a real job. Seth
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The Boiler Room The movie The Boiler room is about a young man who has dropped out of Queens College and wants to please his father‚ who is a federal judge who is extremely harsh. At his father ’s persistence‚ Seth Davis closes down a casino he operated in his house for college students and seeks a new job. Thinking he would be pleasing his father he takes a job at a small brokerage firm called JT Marlin. At JT Marlin trainees make cold calls to lists of well-paid men‚ and then apply high-pressure
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Boiler Room Boiler room is a story about a college dropout name of Seth. He likes the feeling of earning fast money‚ therefore he decided to quit school and start an underground casino in his apartment with a few of his friends. However‚ his father‚ who is a federal judge‚ finds out about the casino. His father then commends him to close down the casino and search for a real job. Seth wants to regain respect and approval from his father‚ and fortunately he got introduce to a stockbroker company
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confusion towards one’s beliefs and values. In the movie Boiler Room‚ conflicts were apparent from the firm’s setting and from the main character himself which both led to ethical and moral dilemmas. One of those was the clear absence of social responsibility of JT Marlin to its customers as they used deception to get ahead of everyone and become stinking rich. Another one was the dilemma Seth Davis had with himself as during the progression of the movie‚ it showed how his morality debated on whether
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Boiler Room Ethical Analysis I. Introduction: A. Have you ever worked for a company or individual you believed was unethical? B. In the moving Boiler Room‚ there are several different characters displaying unethical behavior including JT Marlin the Corporation‚ Seth and Chris. I. JT Marlin Corporation A. JT Marlin unethically sells stock 1. Sells stock for product that don’t currently exist 2. Pays 4x the commission allowable by law 3. Won’t sell stock to women
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Jessica Walsh MGT 282 22 January‚ 2009 Boiler Room Analysis A Primary Stakeholder is defined as those who are necessary for a firm to survive. A Secondary Stakeholders are not essential for the firm’s survival‚ and are not typically involved in any transactions with a company. The stakeholders affiliated with J.T. Marlin included the head bosses of the firm‚ as well as all the brokers. The clients of the firm‚ those who were investing their money in illegitimate companies‚ are also considered
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Running head: Ethics Issues Paper Ethics Issues Paper Suzanne Clifton University of Phoenix Online MGT 216: Organizational Ethics and Social Responsibility Facilitator: Kristy Lewkut September 9‚ 2010 Ethics Issues Paper Ethics are a system of knowing right and wrong‚ and feeling that your actions taken fall into one category or the other. Sometimes the thin line between right and wrong is a bit hazy. In the corporate world ethics is known as business ethics. As defined by Crystal (2010)
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Business Ethics and Legal Issues by Crystal D. King AIU Online BUSN310 – International Legal and Ethical Issues in Business Unit 4 Individual Project March 6‚ 2011 Abstract Antitrust laws were primarily created to put an end to businesses that got too large from blocking competition and abusing their power. Choices offered to consumers can be limited by mergers and monopolies because smaller businesses are not usually able to compete in the marketplace. Even though free and open competition
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Administrative Ethics Paper Grading Criteria on your student website Find a current administrative issue in a newspaper‚ magazine‚ or journal article relating to topics such as patient privacy‚ confidentiality‚ or HIPAA. Write a 1‚050- to 1‚400-word paper that includes the following: • Describe the issue and its impact on the population it affects most. • What arguments or facts are used in the article to support the proposed solution? • What are the ethical and legal issues reported for your
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