Siemens and the illusion of CSR and codes of business integrity Siemens just settled on a major international corruption case. It turns out that over the past decade Siemens and some of its subsidiaries made at least 4‚283 payments either to public officials or “agents” to secure or retain contracts. The estimated amount of the payments made in more than ten countries surpassed $1.4 billion. During the current case‚ the criminal damages from Siemens were calculated to amount for up to $2.7 billion
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YSCN0017 From Sherlock Holmes to Modern Forensic Science Case Study # 3: The severed hand case On Monday‚ July 14‚ 2003‚ Oxford‚ Mississippi cotton farmer John Reagle was arrested after displaying what he claimed was a human hand to bar patrons. On July 15‚ Reagle led investigators to the location where he found the hand‚ and a body was discovered in the vicinity shortly thereafter. Narrative 14th July 2003‚ 10:04 pm‚ Duffy’s Bar & Grill Police officer was dispatched to the scene at 10:04
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turning a profit. A top priority for many organizations today is corporate social responsibility‚ which focuses on how businesses deal with their environmental‚ social and economic impacts. CSR is a set of actions of a company that changes business operations to improve‚ maintain‚ or mitigate a company’s impact on society and the environment. Corporate social responsibility (CSR) programs benefit businesses two-fold: they help businesses operate in ways that benefit society and help improve
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The Department Store Dilemma There are several issues presented in this dilemma. One is about Mary-Alice’s heart condition and the restrictions in the company’s medical insurance program. In order to become a full time worker at Bassfield Department Store‚ the policy states that the employee must pass the physical exam. Due to the fact that Mary-Alice failed the exam‚ the personnel manager Bill Chaves thinks that she should be terminated because it violates the company’s policy. However‚ there
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CORPORATE SOCIAL RESPONSIBILITY OF PETRON CORPORATION Submitted by: Dianne C. Buenaventura MBA 652- Corporate Social Responsibility Submitted to: Dr. Emelyn Quintos- Libunao PETRON CORPORATION The largest oil refining and marketing company in the Philippines. Supplying nearly 40% of the country’s oil requirements‚ our world-class products and quality services fuel the lives of millions of Filipinos. BUSINESS DESCRIPTION Petron Corporation (Petron)
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Introduction to corporate social responsibility Corporate social responsibility is a figure of business self-regulation incorporated into a business model. CSR policy functions as a built-in‚ self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment
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Case 6.4: Drug Dilemmas The cost of new medical drugs seems to be accepted by many people who use them. These pharmaceutical companies increase their profits more and more each year because many people assume that it does cost a lot of money for research and development. Where in reality‚ they are only spending about 15% of their profit margins on research and development alone. A huge percentage of these drugs are actually tested in other countries where people are more willing to do trials
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Corporate Social Responsibility (CSR) – UNITED LABORATORIES United Laboratories is the largest pharmaceutical company in the Philippines. Established in 1945‚ it enjoys a dominant market share (around 20 percent) compared to other pharmaceutical companies operating in the Philippines. It also has a significant presence in neighboring countries such as China‚ Hong Kong‚ Singapore‚ Malaysia‚ and many others. From its early days its core mission has been to provide a wide range of high quality products
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Responsibility (CSR) can improve the competitiveness of a company and that the CSR activities develop a favourable corporate image and their financial performance (Burke & Logsdon 1996). CSR is defined as the obligation of organisation management to make decisions and take actions that will enhance the welfare and interests of society as well as the organisation (Samson & Daft 2009). Some say that the significance of social responsibility has been changed up until today in that CSR activity may not
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ACTG 350: CASE 1 Buck’s Dilemma Overview As Buck’s Hunting Equipment‚ Inc. (Buck) has came to an exciting phase of growth and development‚ a new complexity involving the assignment and presentation of its borrowing and payment activity as it relates to the revolving line of credit extended has emerged. The report has been broken down into the following sections: 1. Assignment of Borrowing and Lending Activity: Presentation of
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