Values-based Management PGP IInd Year Individual Assignment Submitted by – KIM Question (A): Describe an ethical failure by an organisation on an important business decision and its adverse downstream consequences. ETHICAL FAILURE BY SAMSUNG Samsung Electronic one of the largest multi-billion dollar corporations in the world recently found itself on the wrong side of ethical behaviour. In 2010 Samsung Electronic exceeded the $150bn mark in the annual sales for the first time in its history
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detailed information that could turn out to be the determining factor as to their decisions to invest or not to invest in a particular organization. Therefore‚ it is not uncommon to find unethical behavior in accounting as unethical practices come in different forms. Different situations that might lead to unethical practices in accounting include: • Misleading financial analysis in order to obtain personal gains • Misuse of funds • Exaggerating revenue • Purposely providing erroneous information
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There is a myriad of ethical issues involved in an acute hospital setting where multiple issues may need to be addressed before‚ during‚ and after an admission to an intensive care unit. An Intensive Care Unit lends itself to an environment that is often chaotic with health care professionals busily caring for patients with critical medical needs and family members who are often not prepared for the worst-case scenario‚ especially end-of-life issues. Ethical issues are further complicated when
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pass me by when I enter that world hereon in will be a challenge that I will accept‚ and an adventure that I am looking forward to. I have listed in my application that I want to enroll in either a political science or economics course‚ as I am both interested in those fields and they also serve as a stepping stone for my goal to become a lawyer someday. I have always been a consistent honor student in my previous years in school. I applied for and eventually passed the ESEP (Engineering and Science
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"Leadership is the art of getting someone else to do something you want done because he wants to do it." (Eisenhower as cited in Wiki Quote‚ 2005).Studies has shown through trying to identify or evaluate the difference among great leaders‚ mediocre leaders‚ and poor leaders. Today the eminent truth remains that now more than ever global success depends on skilled leader. (Friedman 2005) is quoted as saying‚ “Leadership can be thought of as a capacity to define oneself to others in a way that clarifies
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Effect of Unethical Behavior Article Analysis ACC291 Effect of Unethical Behavior Article Analysis Ethics has long been a word that has several different meanings to different people. With most it means what “should” be done in various situations. It does not necessarily mean that it is illegal not to do what it considered ethical. Throughout history people have tried to justify the things they have done to make it seem as they had the best interest of those around them at heart. Unethical behavior
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experience our company had in other parts of India‚ this segment proved to have given a good chunk of business of our annual turnover. In Mid of year 2007‚ I started visiting government institutions like Oil Refinery‚ Military Engineering Services‚ Thermal Power Plants‚ Railways‚ NHAI‚ Public Water Work Department‚ ASI etc. In the start‚ I faced a lot of hurdles in pushing our products in these segments like the biggest problem we have faced is changing the mindset of decision making people from old conventional
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Effect of Unethical Behavior Article There are a few factors that can lead to unethical practices and behaviors in accounting such factors are financial pressure‚ opportunity‚ and rationalization. With proper checks and balances and accounting procedures a company can minimize the risk of unethical practices and behaviors. Unfortunately‚ there is no sure way to completely avoid unethical practices and behaviors. The most important element of unethical practices and behavior is opportunity
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Solitude and Leadership If you want others to follow‚ learn to be alone with your thoughts By William Deresiewicz The lecture below was delivered to the plebe class at the United States Military Academy at West Point in October of last year. My title must seem like a contradiction.
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The Price of Unethical Behavior The Price of Unethical Behavior Tyco International as a whole was no different any other company in that it contained a chief executive officer (CEO) that wanted to achieve success. But at some point that success turned into greed. Dennis Kozlowski began working for Tyco in 1975 and was named the CEO in 1992. Kozlowski had a reputation for being aggressive in his field and during his tenure at Tyco was named one of the “Top 25 Managers of the Year” and became
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