1. What is the ethical Issue? A. The first ethical issue is whether the bookkeeper should submit the correct financial statements or fraudulent ones. If the bookkeeper knowingly submits reports she knows Dunn and Murray have changed the numbers on‚ it could lead to all of them being fired. The company could also seek to have them arrested and press charges for fraud‚ theft‚ and possibly a number of other charges. B. The second ethical issue I see is whether to obey your boss or go against
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Jimmy Carter’s book‚ A Call To Action began by establishing certain ethical dilemmas that have gone on in the past‚ and are still going on today. These dilemmas include women’s rights issues such as slavery‚ genital cutting‚ rape‚ spousal abuse‚ etc. Carter claims that a factor for the abuse of women is that people turn to violence first‚ instead of solving issues ethically and using violence as a last resort or even ceasing the use of violence entirely. Our former president then talked about how
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CONTENTS INTRODUCTION INDUSTRY ANALYSIS COMPANY ANALYSIS THEORETICAL ASPECTS DATA ANALYSIS DATA INTERPRETATION ➢ Findings ➢ Suggestions ➢ Conclusion BIBLIOGRAPHY INTRODUCTION When most people think of ethics (or morals)‚ they think of rules for distinguishing between right and wrong‚ such as the Golden Rule ("Do unto others as you would have them do unto you")‚ a code of professional conduct like the Hippocratic Oath ("First of all‚ do no harm")‚ a religious creed
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Current Ethical Issues Paper XMTG / 216 December 19‚ 2010 Different people have different understandings of what constitutes ethical behavior. There are laws that help define what is legal and what is not‚ but the differences between moral ethics are not always clear. These types of moral ethics often lead to ethical dilemmas. According to Trevino & Nelson (2007)‚ “it might surprise many people to learn that there were few laws protecting consumers before the 1960s. At the turn of the
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Merck and Co. and river blindness MANUEL VELASQUEZ‚ Business Ethics. Concepts and cases 4th edt.‚ Prentice Hall‚ Upper Saddle River‚ New Jersey‚ 1998 River blindness is an agonizing disease that affects some 18 million impoverished people living in remote villages along the banks of rivers in tropical regions of Africa and Latin America. The disease is caused by a tiny parasitic worm that is passed from person to person by the bite of the black fly which breeds in river waters. The tiny worms
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Discuss. Many ask the question that why companies should follow social responsibilities and why should they be ethical. But ethical business helps the company to be competitive at national and international levels. Recently‚ multinational companies have been encouraged by many scholars to develop clear and specific codes of conduct that outline their objectives‚ duties‚ and obligations in the international markets in which they operate. Organizations ethical behaviors relates to religious‚ cultural
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Ethical Dilemmas and challenges are continuing issue Coca-Cola Company Illegal The AFLCIO (2003b) Reports: (a) Retirement benefits for top executives are unfair compared to lower level employees working in the production sectors of the company. AFLCIO reports that cooperate executives receive liberal retirement benefit packages‚ the plans offered to employees are poor and “self funded”.The Proxy Statement for 2003 (Coca-Cola‚ Inc.‚ 2003b) and Annual Report for 2002 (Coca-Cola‚ Inc.‚ 2003a)
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business face when they try to behave in an ethical way? With the development of the global economy‚ business companies are facing many business challenges in the age full of competition. And business challenges will produce some different values‚ such as child labor‚ human rights‚ hours and wages and environmental laws (Luminita and Constantin‚2006). Therefore‚ business companies need to pay more attention to the business ethics. What is more‚ ethical business is study of business behavior
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This case highlights the problems that chartered companies faced‚ in the last century. It details the actions taken by one such chartered company‚ Hudson’s Bay Company‚ to combat the employees’ private trade activities‚ as it impacted the companies’ revenues‚ and to manage these remote managers efficiently. HBC introduced incentives and mechanisms to curb its employee’s private trade activities as it was not easy to determine‚ for the management in London‚ whether the number of furs/goods were less
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Introduction and Situational Analysis Merck and River Blindness ethical dilemma is whether to pursue research that may or may affect the profits‚ or to choose a safer choice and go for profit rather than researching the drug. The outcome from researching the drug could possibly lead to healing the deadly and dangerous disease known as River Blindness. This drug is known to kill the parasite that has caused the disease. The problem with this situation was that the consumers of the drug could not pay
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