Business Ethics 4438 Wal-Mart’s Bribery Scandal Analysis Presented By: Josh Himmel 250 516 805 Presented to: Mark Reno Monday December 3rd 2012 Company Background Wal-Mart Stores Inc. (Wal-Mart) is one of the world’s largest retailers with chains of discount department stores across numerous countries worldwide. Wal-Mart has been highly regarded as the third largest public corporation and employs approximately 200‚000 employees‚ which has cemented Wal-Mart’s status
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The Housing Bubble’s Link to the Great Recession. A recession is caused by many different factors‚ not just one. It is the coming together of many different problems‚ all at one time. Some factors that contributed to this last Great Recession include consumer indebtedness‚ income inequality‚ lax regulations and the housing bubble. In this paper we will discuss how the Housing Bubble exacerbated and what is its link to the Great Recession. It is necessary to note that because the bursting continues
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The article of Manfred F. R. Kets de Vries emphasizes on the importance of Leadership Group Coaching in the current fast-paced face of business world. He reasoned out that traditional psychological contract between employer and employee has been broken due to continuous downsizing and reengineering. Organizations now rely on networking structures that put much higher demands on the “emotional intelligence (EQ)” of executives and pressurize executives’ decision making process to accommodate present
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1) You intend to open a trendy restaurant in Toronto’s posh‚ Yorkville district. List ten (10) specific procedures‚ guidelines or activities that you can engage in at the restaurant‚ in order to attempt to be either environmentally-friendly or to build a sustainable business. The suggestions should directly relate to the restaurant’s operations‚ its procurement policy or its marketing plans ANS: So finally I have decided to follow my dreams and start a restaurant‚ I need to know what food restaurant
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Trends in technology 1. Differentiate between Black Hat and White Hat Hacking Black Hat Hackers; groups of individuals that writes and deploys malware programs and or viruses for profit or for fun. White hat hackers; these represent law cyber-crime police officers with the responsibility of eliminating or minimizing the activities of said Black Hat Hackers. 2. Explain carefully the differences between Phishing and Pharming as types of mobile malware innovations
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OPPORTUNITY CREATES ETHICAL DILEMMAS Definition of ethical dilemmas Ethical dilemmas‚ also known as a moral dilemmas‚ are situations in which there are two choices to be made‚ neither of which resolves the situation in an ethically acceptable fashion. In such cases‚ societal and personal ethical guidelines can provide no satisfactory outcome for the chooser. Ethical dilemmas assume that the chooser will abide by societal norms‚ such as codes of law or religious teachings‚ in order to make the choice
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CEO-to-Worker Pay Ratios 1. Should the SEC mandate disclosure of pay ratios? Why or why not? And if so‚ how should the ratios be determined? The pay ratio provision requires publicly held companies to annually calculate the median total compensation for all employees globally‚ and disclose a ratio of the median employee’s compensation to the CEO’s compensation (H.R. Policy Association‚ n.d.). The SEC should mandate the disclosure of pay ratios because there are too many CEO’s collecting excessive
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Accounting Ethics Accounting ethics is primarily a field of professional ethics‚ the study of moral values and judgements which are applied to the accountancy. “Accounting ethics can be defined as a set of distinct guidelines for a business to maintain clean balance sheets‚ accounting for their profits‚ losses and expenses incurred and prevent it from mishandling financial reports and statements” (Buzzle 2011). The nature of the work carried out by accountants and auditors requires a high level
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that the community offered expected fathers to be and that should be something we address and become part of our process in reaching out. Ignoring an issue that might happen can only cause a snowball effect throughout a community. Our mission statement shows
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with the Use of Information Technology and its Effects on the Financial Statements Reliability: An Applied Study on Commercial Banks Ali Abdul Ghani Al-Laith Technical College of Management‚ Baghdad‚ Iraq [Abstract] The study aimed at identifying the importance of the internal control and its adaptation with the development of the use of information technology and its effect on the reliability of financial statements of commercial banks. The population of the study consisted of all commercial
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