Ethical Systems Table PHL/323 June 20‚ 2012 Ethical Theory or System | Brief Definition | Other Names for Theory | Real-world Example | Workplace Example | Duty-based Ethics | Regardless of consequences‚ certain moral principles are binding‚ focusing on duty rather than results or moral obligation over what the individual would prefer to do (Treviño & Nelson‚ 2007‚ Ch. 4).In ethics‚ deontological ethics‚ or deontology (Greek: deon meaning obligation or duty)‚ is a theory holding that
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Ch. 4 SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 4-1 STARR CO. Income Statement For the Year 2010 Revenues Sales $540‚000 Expenses Cost of goods sold $330‚000 Wage expense 120‚000 Other operating expenses 10‚000 Income tax expense 25‚000 Total expenses 485‚000 Net income $55‚000 Earnings per share $0.55* *$55‚000 ÷ 100‚000 shares. Note: The increase in value of the company reputation and the unrealized
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Chapter 4 Ethical and Social Issues in Information Systems Student Learning Objectives 1. What ethical‚ social‚ and political issues are raised by information systems? 2. What specific principles for conduct can be used to guide ethical decisions? 3. Why do contemporary information systems technology and the Internet pose challenges to the protection of individual privacy and intellectual property? 4. How have information systems affected everyday life? Chapter Outline 4.1 Understanding
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Indicate the effects of the transactions listed in the following table on total current assets‚ current ratios‚ and net income. Use (+) to indicate an increases‚ (-) to indicate decrease‚ and (0) to indicate either no effect or an indeterminate effect. 4-10 | Total Current Assets | Current Ratio | Effect on New Income | a. Cash in acquired through issuance of additional common stock | + | + | 0 | b. Merchandise is sold for cash | + | + | + | c. Federal income tax sue for the previous year
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1. List at least five reasons why people visit Web sites. • Learn about products or services that the company offers • Buying products or services that the company offers • Obtaining information about warranty‚ service‚ or repair policies for products purchased • Obtaining general company or organization information • Obtaining financial information for making an investment in the compnay or organization • Identifying the people that manage the organization • Obtaining contact information
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Mr. Gioia’s decisions regarding the Pinto fires highlights the disengagement from emotion often associated with business decisions. From a business stand point‚ decisions have to be based on facts and financial repercussions are the ultimate deciding factor in which action to pursue. If a defect in a certain make or model of car is classified as an extremely rare incident then no action will be taken. This is governed by the premise of statistical probability. Coupled with a detailed cost versus
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a. Both Ford and Toyota management comment on the fact that internal control over financial reporting has “inherent limitations.” What are those inherent limitations? Inherent limitations of internal control over financial reporting include things like fraud‚ human error‚ overriding of controls. Internal controls‚ no matter how big or small the company‚ can only assure that they provide “reasonable assurance” that the objectives of the internal control system and being achieved. b. Locate the
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down sugar molecules enter the matrix of the mitochondria where they are further reduced by oxygen. In the process‚ a small amount of ATP is created and a large amount of electrons are freed and carried to the electron transport chain where they are used in a process that creates 32 ATP molecules from ATP synthase‚ an enzyme located in the cristae of the mitochondria. While the process of cellular respiration is very complex‚ it can be simplified in terms of the molecules that are expended in the
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Unit Three Workbook Assignment Chapter 4: Diseases and Conditions of the Endocrine System Assignment: For each scenario that follows‚ explain how and why you would schedule an appointment or suggest a referral based on the patient’s reported symptoms. Be sure to first review the “Guidelines for Patient-Screening Exercises” found on page iii in the Introduction section of your Workbook. 1. A male patient calls for an appointment. He reports experiencing the sudden onset of excessive
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This film is about the beginning of the economic crisis in 2008. It shows the dilemmas and decisions that were made and how it affected every one of the actors of the US economy From the analysis of this film‚ a great ethical dilemma arises during the development of the plot: is it possible to do something outside the law for the common good of society? In the world of finance it is not only necessary to have a code of ethics to show the rightful path‚ but also a moral code that makes one take the
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