as a whole; they need to get with the program or be left behind. I still believe all of these measures are for the sole benefit for Wal-Mart to attempt to change public opinion of them‚ and not due to any real desire on their part to change their ethic culture. Even as they make changes that seem to be socially responsible and ethical‚ they are still fighting with employees concerning pay and benefits‚ as well as communities to enlarge their company at the expense of other small businesses. The business
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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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wrong behavior‚ ethics are recognized rules of conduct in regards to a specific action or a particular group of people. In short‚ ethics come from an external social structure whereas morals come from within – a person’s own perceptions of right and wrong regardless of what society’s rules say. The three primary schools of ethics that can be used in discussing ethical problems and dilemmas are care-based ethics‚ rule-based ethics‚ and end-based ethics. In the case of ethical dilemma number 2‚ if
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when investors sustain losses in the many millions of dollars‚ the economics of the situation dictates bringing suit against the CPAs even if the prospects for recovery appear remote. When the possible dollar recovery is smaller‚ which usually is the case in other professional malpractice suits‚ the plaintiffs are more likely to be deterred from filing suit simply by the costs of litigation. 4-2 Ordinary negligence means lack of reasonable care. Gross negligence means lack of even slight care‚ indicative
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Case Study: BP Texas Refinery Introduction According to Lewicki‚ Saunders & Minton (2003)‚ adopting an unethical approach to negotiation in business can have serious consequences. A recent explosion at the British Petroleum (BP) Texas refinery on 24 March‚ 2005 reiterated this and demonstrated the effect of an unethical approach to negotiation with the death of 15 contract workers. Ethical behaviour refers to the standards of conduct such as honesty‚ fairness‚ responsibility and trust. (Lewicki
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VELASQUEZ Business Ethics. Concepts and Cases‚ 6th edn Advertising Death? In 2004‚ New York‚ Illinois‚ and Maryland – possibly to be joined by 30 other states – sued Brown & Williamson Tobacco Co (now part of R. J. Reynolds) for its “Kool Mixx” hip-hop promotions (CD-ROMs‚ DJ contests‚ hip-hop-themed cigarette packs‚ free magazines‚ free “Mixx Stick” radios‚ a website) as targeted at youth in violation of the 1998 tobacco settlement. Although the settlement prohibits ads aimed at teens‚ the
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act might be able to resolve Megan’s dilemma immediately‚ depending on how comprehensive and specific her company’s ethics statement is. Megan’s company code of ethics should be able to provide a backdrop on how to handle Kate’s statement. Also this might help Megan to weigh the pros and cons of her business decisions when it comes to making a decision on whom to lease to. Megan might want to share the comment made by Kate with their region manager just in case the region manger wants to know why
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Ethics and Environment Case Study Project Learning Team C Lynette Barnhart‚ Russell Cortez‚ Eric Hiram‚ Domoniqué Shaw SCI/362 March 28‚ 2011 Howard Schmidt‚ M.S.‚ M.B.A. Ethics and Environment Case Study Project When air pollution is mentioned‚ many think of the city Los Angeles. However‚ Beijing China and Mexico City have become well known for air pollution‚ with Beijing topping the list of worst air quality in the world (Raven‚ Berg‚ & Hassenzahl. 2010). At the same
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Business Ethics Case Study #1 Starbucks Starbucks is a business that has been around since 1971 serving a various amount of coffee for people all around the United States. This business started in the city of Seattle with getting port of coffee from around the world. Today they are international business getting in approximately $11 billion dollars a year. With this being said Starbucks is a very high pace‚ high traffic environment with all the stores giving a home feel to them so when you order
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Ethics Big Case 2 Microsoft Manages Legal and Ethical Issues Summary: Microsoft has a blinding reputation and presentation with the public and its users. They investment in the communities‚ the youth and globally. Not only the company invests but the employees contribute. As Always Bill Gates take it to the top with the William and Melinda Gates Foundation. Microsoft’s efforts and dedication is admirable. Its support of start-up software companies‚ creates a unique composition of company characteristics
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