For this first assignment‚ I chose to read and answer the questions concerning the CNN news item on the PIP breast implant scandal. What is the ethical dilemma in the case you have chosen? The ethical dilemma here is between the principle of profitability and the respect of patients’ health and human life. Indeed‚ the company PIP used industrial silicone and numerous other unknown chemicals in order to cut the costs of their product and thus get a higher margin of profit. They probably had a
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which is really why Simon was interested in Taubman. Thus‚ Simon Property Group launched a hostile tender offer for Taubman Centers. This was a hostile bid because Taubman was not for sale and‚ therefore‚ a negotiated transaction was not possible. So Simon made an effort to acquire Taubman‚ notwithstanding the fact that Taubman ’s board of directors was not selling the company. This case discusses issues of Real Estate Investment Trust (REIT) valuation‚ financial policy‚ and corporate governance
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Ethical issues in business Ethical issues arising from the nature of markets - The 18th Century economist Adam Smith demonstrated how in a free market the self interest of producers and consumers will produce an outcome desirable to all concerned - But the market can also lead to inequality of income‚ wealth and market power: * Monopoly suppliers can exploit consumers * Monophony buyers can exploit supply firms * World wide inequality of income can result in unethical practices such
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once (Lynch‚ 2008). So if marijuana use is so common in the United States‚ why should it not be legalized? In this paper I will discuss both the supporting and opposing positions on the legalization of marijuana. I will also explore the moral and ethical views for legalizing marijuana. Utilitarianism is the moral doctrine that we should always act to produce the greatest possible balance of good over bad for everyone affected by our actions (Shaw & Barry‚ 62). Many supporters of marijuana would
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This article is about how the suppliers to a company can generate negative publicity for the company. In this case we look at the restaurant chain Red Lobster. It is a major seafood franchise chain with over 670 restaurants. They offer lobster at very good prices with a goal of having a dish like lobster priced so that all can enjoy it. This has greatly increased the demand for lobster. Many of the suppliers namely in the Mosquito Coast have not treated divers fairly and forced them to work under
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MSNG 502 – INTRODUCTION TO GERONTOLOGY FINAL Requirement A. Ethical and Legal Issues Affecting Elderly Loss of rights‚ victimization‚ and other grave problems face the person who has made no plans for personal and property management in the event of disability or death. The advice and services of a competent attorney regarding financial and personal issues can preserve future autonomy and self-determination. The nurse as an advocate can encourage the older person to prepare advance directives
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Morality in Sport; the Consequences and Perks of Following the Rules Aurora E. Gordon 0304974 Dr. Phil Parker March 23rd 2014 In ancient Greece a person’s moral standard‚ their value of ethics was the most important thing about that person. Many philosophers such as Socrates‚ Plato and Aristotle developed many works on what they thought moral standards should represent for everyone. The idea of morality‚ or virtue ethics was held very dear to the Greeks and citizens could be judged solely on their
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Business Communication is communication used to promote a product‚ service‚ or organization; relay information within the business; or deal with legal and similar issues. Business Communication encompasses a variety of topics‚ including Marketing‚ Branding‚ Customer relations‚ Consumer behaviour‚ Advertising‚ Public relations‚ Media relations‚ Corporate communication‚ Community engagement‚ Research & Measurement‚ Reputation management‚ Interpersonal communication‚ Employee engagement‚ Online communication
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In the recent discussion of the article “Dumpster Diving” there were a lot of options on whether or not dumpster diving was the best practice for individuals to take to get their food. Also whether or not it’s ethical. Due to the excess food thrown out due to how long the shelf date is or sell date‚ good food doesn’t get donated and is out to waste. If an individual is homeless or can’t afford food dumpster diving may be a good alternative since most of the food thrown out is still edible and healthy
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Walmart Walmart is the largest American company‚ a true retail giant. It is a staple to everyday life in American communities across the country. Whether in your home town or traveling out of town one can most often find a Walmart. Each week‚ more than 245 million customers in nearly 11‚000 stores in 28 countries and e-commerce websites in 11 countries. With net sales of $482.2 billion annually‚ Walmart employs 2.2 million employees worldwide. As consumers we relate to the bright yellow smiley
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