5. What ethical issues have you witnessed or heard about on this company? State your opinions on what should have been done to deal with these ethical issues. a) Conflict on human rights Nokia has been involved in conflict-minerals which engaging in human rights abuses. For example‚ the conflict-minerals took place in Democratic Republic of Congo‚ Central of Africa in July of 2010. The illegal activities involved the extraction and trade of minerals which controlled by warlords. The head of the
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ILAC Answer: ISSUE: Is the Timberlakes own the negligent for duty of care? Should the Timberlakes put public authorities? Should the Timberlakes take occupier’s liabilities? Is there a loss making event for Lindsey Loharn? Law: Law of Tort—The tort of negligence—Duty of care/ public authorities/ occupier’s liabilities. Duty of care: SWAIN v WAVERLEY MUNICIPAL COUNCIL (2005) public authorities: Nagle v Rottnest Island Authority (1993) occupier’s liabilities: Australian Safeway
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and ethical issues of creative accounting 1.1 Introduction Creative accounting is also called “Earnings management” which is known as the manipulation of financial information. The term can be defined in many ways. Initially we define it as ’a process whereby accountants use their knowledge of accounting rules to manipulate the figures reported in the accounts of a business ’ (Naser‚ 1993‚ p.59). Creative accounting‚ at root‚ is the origin of numerous accounting frauds. Many accounting scandal
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Ethical and Unethical issues about Coca Cola http://www.bigbrummie.co.uk/ The company has come under fire in the last few months for the way in which its workers are treated in Guatemala. On February 25‚ 2010‚ Coke was sued by those Guatemalan labourers‚ who claim that they‚ “endured a campaign of violence” from the people who worked for the bottling or processing plants owned by Coke. (Unethical) In 1998‚ Coca-Cola set up a bottling plant in Perumatti in the southern state of Kerala. Since
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Race To The BCS By: Cora LeClair February 14‚ 2011 Legal & Ethical Issues in Sports Administration Matthew Soroka Every September‚ when colleges and universities open their doors and athletic facilities‚ the buzz about football season is all around. Whether it is on campus‚ in the newspapers or in the media‚ it’s all about football. For big time colleges and universities however‚ football season isn’t just another season‚ it’s the start of creating a new champion. Every game they play is
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Discuss the advantages and disadvantages of State Control of Industry. Certain industries are under state control in many countries. It plays an indispensible role for economic development of nations. The term state control means to govern industry in order to develop the economy and to provide better services and facilities for the public. In other words‚ state control refers to the industry owned by the state or government for national welfares rather than profit. Research has shown state control
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MGMT 625 Midterm Exam TRUE/FALSE QUESTIONS (2 POINTS EACH) 1. The stability and predictability of the law is essential to business activities. ANSWER: TRUE 2. Uniform laws apply in all states‚ including those in which the laws have not been adopted. ANSWER: FALSE 3. A state law that conflicts with the U.S. Constitution will be deemed unconstitutional. ANSWER: TRUE 4. Damages is a remedy at law. ANSWER: TRUE 5. Equitable remedies include injunctions and decrees
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Personal Ethical Statement Upon review of my results from the Ethical Lens Inventory‚ I learned that I have an optimistic approach about things. I seem to see in the good in situations rather than allowing the negative aspects of a situation prevents me achieving my goals. This is in regards to my preferred ethical lens‚ my reasoning skills allow me to determine what needs to be accomplished and what my role consist of so that everyone will be treated fairly. In terms of my blind spot I don’t
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P5 Explain the legal and ethical issues in relation to the use of business information Definition: Ethics concern an individual’s moral judgments about right and wrong. Explanation: Business information belongs to the business owner and any kind of use of the business related information should be used as per the company policy. There are legal consequences in breaking the rules (code of conduct & code of practice). Staff member needs to use his/her ethical judgement to decide what is
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Ethical issues: “The Rain Man” The movie “The Rain Man‚” is a movie with a big ethical issue. Tom Cruise plays Charlie Babbitt‚ who just discovered his dad died and left him hardly anything in his will‚ while leaving his brother 3 million dollars. Charlie never knew he had a brother until this happened. His brother‚ Raymond‚ is an autistic man who is capable of computing difficult mathematical problems but is psychologically attached to daily habits and routines. This makes him thus unable to adapt
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