The Devil Wears Prada? Effects of Exposure to Luxury Goods on Cognition and Decision Making Roy Y.J. Chua Xi Zou Working Paper 10-034 Copyright © 2009 by Roy Y.J. Chua and Xi Zou Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Running Head: Effects of Luxury Goods The Devil Wears Prada? Effects
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CASE STUDY 1 SEC ENFORCEMENT RELEASE- BRISTOL-MYERS 1. Access the SEC website‚ www.sec.gov‚ and do the following: -go to “Information for Accountants” -go to “The Division of Enforcement Chief Accountants Office” -go to “Accounting and Auditing Enforcement Releases” - then go to the enforcement release related to Bristol-Myers dated August 4‚ 2004. 2. What were the broad areas which the SEC addressed? 3. Of these issues‚ which one was by far the most significant in terms of dollars involved
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Orwell’s Dilemma In a typical work environment‚ the authority figures‚ or the managers‚ are inclined to assert pressure on the employees to ensure their job is executed according to plan. Occasionally‚ the managers may take arbitrary actions that are evidently unnecessary and abusive. In the perspective of the subordinate this is deemed unjust and is the main source of their frustration. These denunciations only depict the managers as baseless‚ evil creatures that derive pleasure from their subordinate’s
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1. In the movie “ The Devil Wears Prada‚” a differentiation between in-group and out-group behavior is clearly defined. Andrea is an aspiring journalist who gets a job as second assistant to Miranda at a high fashion magazine. This would be a dream job for someone who is in to fashion‚ but Andrea could care less about fashion‚ as apparent by her attire (per the looks she was getting from Miranda and her peers while at work). Though she does not “fit in” and does not want to‚ she is willing to suffer
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margins In this case‚ George Stein is faced with an ethical dilemma. 1. First‚ describe the ethical dilemma presented in this case. • Then list all of the reasons why you believe George might act unethically and remove the filters‚ allowing the maggots to remain in the mix. • Then list all of the reasons why you think that George might behave ethically‚ refuse to remove the filters‚ and report the maggot problem to management. 2. Who does the ethical dilemma impact? 3. If this
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ETHICAL DILEMMA LYING IN BUISNESS Q. In a business context‚ is it ever okay to lie? If yes‚ what are those situations? Why is it okay to lie in these situations? There are times when individuals in business do lie‚ but‚ honesty is the best policy with business dealings and by doing so in most cases an amicable agreement can come about. Doing business is about both parties getting something out of the business deal. Lying will only cause problems eventually and if the business person gets away
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1. Sam has to make an ethical decision immediately. He faces a dilemma of whether to send the fax as Linda tells him to do or not to commit Linda’s command. If he sends the fax‚ he will violate business ethics and his personal religion ethics. The consequences may involve both the loss of Sam’s personal moral prestige and the collapse of FirstAmerica’s corporate reputation among the financial industry. If he doesn’t send the fax‚ he will disobey his direct superior Linda with risk of ending his
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Behind Closed Doors In the story A Domestic Dilemma‚ Carson McCullers shows us what life is like for in the Meadows family. She informs us of the trials‚ tribulations and struggles that Martin faces while trying to take care of his family and deal with the fact that his wife‚ Emily Meadows‚ is an alcoholic. She also takes us in the mind of Emily‚ and how alcohol changed her life. In this short story‚ A Domestic Dilemma‚ Martin shows us that‚ even when there are many reasons telling us to walk away
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temptations is the sweetest‚ and will prove the safeste. For such tryalls as fall within compasse of our callinges‚ it is better to arme and withstande them than to avoide and shunne them. -John Winthrop There‚ in Winthrop’s own words‚ is the Puritan dilemma of which Mr. Morgan speaks here‚ "the paradox that required a man to live in the world without being of it." Superficially Puritanism was only a belief that the Church of England should be purged of its hierarchy and of the traditions and ceremonies
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The Vaccination Dilemma Maryann Mayfield English 111-01 Professor Bonden December 03‚ 2007 A look into history reveals that vaccines have always been portrayed as miracle workers‚ saving millions of people from potentially fatal diseases. What comes to mind is the unbelievable global eradication of smallpox. The 1952 polio vaccine halted the epidemics of paralysis and death of innocent children. The rabies vaccine overturned automatic death sentences. The diphtheria‚ measles
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