Case Summary: Between 1966 and 1975‚ Orkin Exterminating Company contracted with their customers a “lifetime” termite protection control if the contracted customers continue to pay the annual renewal fee. But‚ this contract became too expensive for Orkin when US suffered price inflation. It decided to increase annual renewal fee by 40 Percent. Few persistent customers were able to escape the rate increase through an accommodation plan‚ while most customers were not informed about this possibility
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Thomas Hobbes (English – Contractarian) 1. View of the State of Nature a. Human nature w/o government is : i. Egoistic ii. Everyone “equal” iii. Equal rights to everything iv. Warlike v. Psychological Egoism – People are motivated by the pursuit of pleasure and the avoidance of pain vi. Rational vii. Law of Self Preservation + reason contract 2. Psychological / Ethical Egoism a. Psych – descriptive – People are motivated by the pursuit of pleasure and avoidance of pain b. Ethical
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Enron is a U.S. company that was formed in 1985 by Kenneth Lay‚ an economist. On the 2nd of December 2001 the company had been filed for bankruptcy as a result of a great accounting fraud. Enron had been expanded by borrowings of money to buy up other companies which lead them to a 75% debt capital. To help encounter this problem‚ Jeffrey Skilling was appointed as head of Enron’s finance department. As the U.S. government deregulated energy prices‚ the price of gas became very unstable. Skilling
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Blood Money Scenario Billy Brass ETH/316 March 29‚ 2012 Christopher Whetstine Blood Money Scenario Moral responsibility of all participants When it comes to human organs and individuals buying them from prisoners that have been executed to survive‚ one will have to ask themselves if they are making an ethical decision. Buying and selling human organs is illegal in the United States yet it is happening right now as we enter into the year 2015‚ where a lot of critical thinking has gone into
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Trident University International Daniel Carnley Module 1 Case Assignment ETH 501: Business Ethics Dr. Susan Gunn 24 January 2015 Introduction Adelphia Communications‚ one of the largest cable companies is the nation at its height‚ is now out of business as of 2006 due to several unethical decisions by the Rigas family. Any organization‚ if operated under unethical decision making to this extent‚ would be destined for failure and Adelphia Communications is no exception. The two main unethical actions
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You are an Investment Analyst Strayer University ACC557 – Financial Accounting Professor Levi Beckwith March 16‚ 2014 1. Analyze each company’s history‚ product/services‚ major customers‚ major suppliers‚ and leadership and provide a synopsis of each company. The Coca-Cola (NYSE: KO ) vs. PepsiCo (NYSE: PEP ) war is one of the greatest rivalries in corporate history‚ just like Apple vs. Microsoft. Coca-Cola and Pepsi are the two most popular and widely recognized
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Trading in the company shares was suspended in early 2008‚ followed by the company going into receivership in November of 2008. Who are the main players in this business case? The primary player in the centre of the collapse of ABC Learning Ltd is the founder and CEO Mr Eddy Groves. Mr Groves is currently involved in a court case‚ in the Brisbane Magistrates Court‚ regarding claims of poor disclosure‚
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Week 1 Homework Acctg 557 Problem 1: PAT’S ELECTRONIC DIVISION: (a) Point of Sale: Completion-of-production: Percentage-of-completion Installment-Sales (b) PAT’S ELECTRONIC DIVISION Billed and Shipped Down Payments Freight Billed Commissions ($2‚400‚000 x 10%) Warranty Returns ($3‚000‚000 x 1%) Revenue for 2012 PICKLE CONSTRUCTION: Percent complete as of 12/31/12 (5/24) 5 months of 24 months complete Total expected revenue ($60‚000‚000-$52‚000‚000) Cost to date Revenue ($8‚000‚000 x 21%) GAAP? Yes
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The American Red Cross Case Study Introduction The American Red Cross (ARC)‚ founded in 1881‚ is an independent organization‚ supported by public financial donations and volunteerism. Its mission is to “provide relief to victims of disasters and help people prevent‚ prepare for and respond to emergencies.” Despite having a great visionary and doing great cause‚ ARC was‚ and still is‚ facing lot of unethical issues. High rate executive turnover‚ slow response to disasters‚ mismanagement of donations
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Little Enough or Too Much 1.) Describe the factual situation Bryan‚ a new employee of the X Chemical company has been placed in charge to oversee the production and construction of their newly released product‚ industrial lubricant. The X Chemical company was built nearby a river and asked permission from the government agencies to release their excess waste into the river. Other companies also reside along the river and are dumping their excess waste into it as well. This strikes as a concern
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