Orbis Financial Corporation Ltd.‚ a custodian‚ works as an efficient stock market intermediary facilitating smooth execution and settlement of daily trades through sophisticated technology and systems developed in-house. Transparency and effectiveness of its functioning‚ is further enhanced due to its zero conflict business model‚ as a Non Broker‚ non-banker and Non Fund Manager with unidirectional focus on custodial services. The team at Orbis is a group of professionals which endeavors
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In a narrative format‚ discuss the key facts and critical issues presented in the case. Word count: 158 Countrywide Financial began in 1969 and by 2000 was one of the nation’s largest lenders (Ferrell‚ 2010). In the late 1990’s and early 2000’s‚ Countrywide Financial offered subprime mortgage loans. Subprime mortgage loans were loans that were offered to people who would not ordinarily be able to qualify for conventional loans because of income‚ lack of credit or low credit score. Because
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The Fundamentals of Group Ethics Tanisea Watson Liberty University Abstract What are some of the current topics regarding ethics within groups? A number of elements remain current concerning group work. Group worker preparation and credentials‚ group worker knowledge‚ understanding group purpose‚ multicultural/diversity awareness‚ confidentiality‚ and the benefits of group therapy versus individual therapy to name a few. Completing degree requirements does not qualify a group worker to
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Global Business Ethics Case Study Sophie and Carling Ltd. Paris‚ France 1. What are the main ethical issues? a) Corruption: Soroprom CEO handled $75‚000 in cash to Sophie‚ thanks for work and this serves as a gift to her. Sophie accepted that because she wanted to use this money to pay her lawyer’s bill to keep custody of her children. b) “Necessary sex” for the interests: Sophie attracted her supervisors‚ male co-workers. She used “necessary sex” to achieve her ambitious goal‚ she became
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Something’s Rotten in Hondo FLS312: Business Ethics and the Legal Environment May 29‚ 2012 George is faced with a dilemma about how to precede with his plants emissions. While both decisions seem drastic there has to be a decision made quickly. His choice will affect an entire plant worth of workers who also live in the surrounding community that depends on these jobs. And on the other hand the emissions are causing pollution that the company would prefer to ignore. The stake holders
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1) Do you see any ethical issues involved in Google’s new approach to combining information from a particular user? Why or why not? Ethic is a code of deduction and conduct administered by a mix of individual‚ good‚ lawful‚ and social measures of what is correct. Yes‚ I do see business ethics in Google’s new approach of combining information of users. In a period where innovation is growing quicker than any time in recent memory some time recently‚ it is extremely hard to manage data security.
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In this mini case Mike Stephan is dealing with a very difficult situation because he is new to the accounting firm and wants to impress the superior accountants on his engagement team. While auditing for EarthWear‚ he makes a little mistake by spending too many hours looking at the wrong bank statements when he is not supposed to go over a total of 6 hours. Pressured by the senior on the audit‚ he is caught between lying about his hours or telling the truth and going over budget on the audit‚ potentially
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The issue in this ethics case regards Greg’s decision on reviewing his group mate Natalie’s poor teamwork. This analysis explains how to address the issue from each of the five ethical decision-making approaches. Each approach provides different ethical actions that help lead to a right decision. Even though there are different ways to determine which approach to use in Greg’s dilemma‚ the best approach to use in this situation is the justice approach. In the ethics case “Picking Up the Slack”
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It is the policy of the Company to provide our Code of Ethics‚ which will serve as a guide to proper business conduct for all employees. We expect all employees to observe the highest standards of ethics and integrity in their conduct. Respect We all deserve to work in an environment where we are treated with dignity and respect. GigaTech is committed to creating such an environment because it brings out the full potential in each of us‚ which‚ in turn‚ contributes directly to our business
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private information during the closing phase of the contract—only after it had been clearly implied the contract would be his. Unfortunately‚ the contract did not materialize. Jim found a better deal. Mark is really upset by Jim’s lack of business ethics. He is also a little worried about keeping his job. He now believes that many of the statements made throughout the contract discussions and negotiations were false and deliberately misleading. Question OK dad/mom‚ your son Mark needs some advice
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