ACCT 201 Ethics Case* Fall 2012 NAME: Janika Washington________________ MAJOR: Business Management____________ Please complete items 1 through 4 by typing in your answers in the space provided and then printing TWO (2) copies of the completed case and submitting both copies in class on the date specified by your instructor. As the controller of LNP Company‚ Amy discovers a misstatement that overstated net income in the prior year’s financial statements. The misleading financial statements
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Government‚ Regulation & Business Ethics The issue of business relations with government has increasingly become a key issue of business ethics. Some of the many questions raised are * Is it acceptable for corporations to use their considerable power tp shape government policy? * Is the government jeopardizing its role in protecting the public interest when politicians sit on the board of corporations? The government has a crucial role to play in establishing the ‘rules of the game’
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for money can be considered as a very low factor in customer satisfaction when compared to many different indicators and supermarkets. This is because Waitrose does not focus on value for money‚ unlike supermarkets such as Iceland‚ they focus on a business with guaranteed high quality and trusted brands. For customer satisfaction to decrease with value for money there would need to be a very large increase in price to affect customer satisfaction and there is no evidence that this would occur as of
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Case Study Case 1 A Sydney tramway passenger was injured in a collision with another tram‚ which occurred after the driver collapsed at the controls. The plaintiff argued that the collision could have been avoided if the tramway authority had fitted the tram with a system known as ‘dead man’s handle’‚ a system in use on Sydney’s trains. This would have stopped the tram and avoided the accident. The device had been rejected by the tramway authorities because it was felt that it could cause drivers
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What is the role of business in society? Last week I took part in a panel discussion that debated “What is the role of business in society”. I thought you would be interested in what I had to say. My position is simple‚ the role of business is to create wealth. The word "wealth" comes from two old English words - "weal" and "th" meaning "the condition of well being" or as Robert Kennedy put it "the things that make life worth living". I would argue that the role of business has always been the
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develop and sell applications that would allow Apple users to re-experience user interface on their smart phones. 1 EXECUTIVE SUMMARY The purpose of this business plan is to raise €150‚000 for the development of an iPhone app development company that will sell application specific for the Apple iPhone. This business plan will also showcase the expected financials and operations over the next three years. MaxBee (‘‘the Company’’) is a Slovenia based start-up that will
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Overview It’s not a surprise when the Lululemon Athletica’s founder Chip Wilson got his inspiration from a commercial yoga class he took in Vancouver. Having past experience in surfing‚ skating and snowboarding business‚ Chip figured out that the experience of post- yoga rush is somewhat familiar to that of surfing and snowboarding‚ and believed yoga would become popular again. At that time‚ yoga practicers performed excercises in cotton clothing and it was proven not to be suitable as the fabric
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Case Summary: -Bob owns a Jewelry store -Sam operates electronic security equipment store -Bob and Sam are friends -Monday‚ Bob held a casual conversation with Sam about fitting his store with "closed circuit television and the best available electronic locks" -Tuesday‚ Sam sent Bob a Quotation of price "Lists of models and List of price" -Wednesday‚ Bob Replied BY POST. "Choice of Supreme Model for camera" -Posted to old address‚ Sam received on Saturday and emailed on the same day "
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Maxwell that the only ethical guideline you need for business ethics is the Golden Rule? How does Gill react to Maxwell’s view of business ethics? A: I don’t agree with John Maxwell that the Golden Rule should be the only guideline to making or determining if a decision is ethical‚ as one should look at the big picture in its totality. The Golden Rule for me personally is a standard in helping to make
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Good expalnation of the political lobby of Washington. Great Paper Is Government Dominated by Business Special interest groups have dominated government since the advent of America ’s political system. Special interest groups or lobbies are collections of individuals who join together to pursue common interests and to influence the decisions on public policies. Many people view special interest groups as an integral part of the political process‚ legitimized by the first amendment of the Constitution
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