meltdown‚ as many Countrywide borrowers have defaulted on their loans. Countrywide has harmed its shareholders and squandered its own corporate net worth on unethical practices and an unsustainable business model (Unknown‚ 2008). This paper will outline the act that deregulated the financial system that allowed Countrywide to act in the unethical manner they did‚ Countrywide’s unscrupulous tactics‚ Bank of America’s merger with Countrywide and inheriting burdens associated with the merger.
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Lying‚ which one can reasonably assert is unethical is the standard operating procedure often practiced by many sales leaders‚ political leaders and business leaders. Unethical behavior is today but one tool in the arsenal of many that leaders use in the world to accomplish goals. Since‚ there is no general theory of ethical leadership‚ there isn’t much research or solid evidence that shows that ethical behavior produces superior "leadership results" in the long term or the short
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Ethical Communication in the Workplace Name Course Instructor Date Introduction Communication is a concept that is controversial‚ especially with the dynamics of the information age. There is confusion on what is right and wrong in communication‚ creating a never ending debate. Ethics help in providing guidelines for appropriate actions and decisions. Ethical communication allows for one to communicate to the audience the intended message in the right way‚ without bias. It encompasses honesty
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Ethical dilemmas‚ also known as moral dilemmas‚ have been a problem for ethical theorists as far back as Plato. An ethical dilemma is a situation wherein moral precepts or ethical obligations conflict in such a way that any possible resolution to the dilemma is morally intolerable. In other words‚ an ethical dilemma is any situation in which guiding moral principles cannot determine which course of action is right or wrong. An ethical dilemma‚ also known as a moral dilemma‚ is a situation where
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William Voisin Professor Mazpule Psyc. 2001 June 5th‚ 2013 BP (Beyond Petroleum) focuses on sustainability 1) Based on the history of the company‚ why did BP get involved in so much questionable conduct? The reason why BP got involved in so much questionable conducts is because at first they didn’t want to spend the money on fixing the stuff. They have been ignoring all these red flags and at the end they ended up spending much money. They could of saved a lot of money if they had fixed
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would want to discuss how the behavior of implicit prejudices is developed. When I was young‚ my parents always stressed the fact that the students who study hard and get good grades grow to be great people; whatever the cases are (being rich‚ famous‚ and honorable‚ etc.) Moreover‚ most of the television programs showed us good-looking boys‚ attractive ladies‚ and well-shaped men. Friends have tended to be nicer to those who are handsome‚ smart‚ athletic‚ or rich. The factors listed above can be categorized
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WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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1007/s10551-011-1130-4 Ethical Blindness Guido Palazzo • Franciska Krings • Ulrich Hoffrage Received: 1 June 2010 / Accepted: 22 November 2011 Ó Springer Science+Business Media B.V. 2011 Abstract Many models of (un)ethical decision making assume that people decide rationally and are in principle able to evaluate their decisions from a moral point of view. However‚ people might behave unethically without being aware of it. They are ethically blind. Adopting a sensemaking approach‚ we argue that ethical blindness
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October 19‚ 2012 Determining the current state of the business cycle Determining the current state of the business cycle Executive summary The purpose of this research report is to determine the current stage of the business cycle that the Canadian economy is experiencing. There are five stages in a business cycle – expansion‚ peak‚ contraction‚ trough‚ and recovery. These different cycles are characterized by the state and degree
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society. Some people believe that scientists should be allowed to test new drugs‚ medicines‚ and treatments on animals‚ but this testing is completely uncalled for. Animal experimentation should be outlawed because it is unethical‚ unnecessary‚ and unreliable. Animal testing is unethical because animals have feelings‚ just like humans‚ but they are treated inhumanely in labs because there are not sufficient laws to control what can and cannot be done to animals used for experimentation. Research animals
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