Facts: The parties to the lawsuit are Jones & Laughlin Steel Corporation (the defendants) and the National Labor Relations Board (the plaintiffs). The National Labor Relations Board found the Jones & Laughlin Steel Corporation to violate the principles of National Relations Act of 1935. Thus‚ they decided to charge and order Jones & Laughlin‚ the executives of the Steel CORP‚ to drop all practices within their corporation that violated the principles of the National Labor Relations Act and to follow
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engaging in Corporate Social Responsibility. Moreover‚ there is moral and immoral approach to Corporate social responsibility. In this report‚ both approaches will be compared‚ highlighting the moral approach to Corporate social responsibility. Ethics Theories and Corporate Social Responsibility So many practices and actions can fall under Corporate social responsibility‚ but they all can be categorized into two – “the musts” and “the electives”. A business must be honest and truthful in regards
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CASE STUDY: PolyMedica Corporation (A) Northwood University DeVos Graduate School of Management September 17‚ 2012 PROBLEM STATEMENT PolyMedica’s method of capitalizing direct-response advertising expenditures rather than expensing the cost is under investigation by the U.S. Securities and Exchange Commission (SEC) and has caused concern for investors who are questioning the legitimacy of this practice. ANALYSIS
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Cendant Corporation 1a. An auditor conducting an audit obtains reasonable assurance that the financial statements taken as a whole are free from material misstatement‚ whether caused by fraud or error. When obtaining reasonable assurance‚ an auditor maintains an attitude of professional skepticism throughout the audit considers the potential for management override of controls and recognizes the fact that audit procedures that are effective for detecting error may not be appropriate in the context
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Bose Case- Supplier Relationship Management Bose Corporation‚ created by Amar Bose and Sherwin Greenblatt is a successful high-fidelity sound corporation‚ which competes on quality. Their motto and mission both represent their focus on quality by stating‚ “Better Sound Through Research‚” and “providing outstanding sound experience to everyone in the whole world.” By 1990‚ Bose was a $720 million company and still committed to their quality of speakers and sound equipment. The production process
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2012) Number of shareholders Percentage holding 1 to 1‚000 shares Foreign ownership(common‚ preferred A‚B&voting) Mitsubishi Corporation | 7‚253 88.12% 29.63% 10.63% | | | MANAGEMENT COMMITTEE Ayala’s management stands as the locus of decision-making for the day-to-day affairs of the corporation. Management is accountable to the board for the operations of Ayala SHAREHOLDER INFORMATION Top 20 stockholders of Ayala‚ updated quarterly. Last updated 09/30/2012
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Case Study #2 The “White Coffin” Dilemma GSM 5131 BUSINESS LAW & ETHICS 1 Story Outline • Aminah‚ quality senior manager of Good Food Packaging S/B (“the Company”) which manufacture polystyrene‚ plastic & foam food container in SK. • Recently‚ she been told & found that her company‟s product will cause adverse effect to human health. • She now very much concern with this issue‚ and management of the Company also been notified. They want Aminah to just „close one eye‟ and not reveal to
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Case 1: Stryker Corporation: In-sourcing PCBs State the business case for option #3‚ the PCB In-sourcing proposal. What is the benefit? What is the risk? How do you compare this proposal to option #1 and #2? (2 points) Option #3 is the project for Stryker to manufacture its own PCBs in its own facility. Benefits: This option allows Stryker to control over the products’ quality and delivery in highest degree. The company can supervise every process of the production line to get every product
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Ethics MGT/498 September 26‚ 2013 Ethics In business there will always be the line to act with integrity or to lie‚ cheat‚ and steal. Famous author Douglas Adams once said‚ “To give real service you must add something which cannot be bought or measured with money‚ and that is sincerity and integrity” (Heathfield‚ n.d). The priority of any business is to serve the needs and wants of the customer and more important his or her stakeholders. Any business decision made in major corporations must
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Financial Decision Analysis~Marriott Corporation Case Study Executive Summary – Q5 – Hurdle Rate Analysis Hurdle rates‚ the weighted cost of capital that projected cash flows must exceed for initiatives to be considered‚ vary within Marriott Corporations due to their unique industry risk levels and capital structures. They use this number to determine which projects to accept‚ to adjust the rate at which the firm grows and as a measure for compensation within each business area‚ and as incentive
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