Question 2 Belton Sdn.Bhd was granted an overdraft facility of RM 500 000 in 1989 by Bank ABC Bhd.Belton Sdn. Bhd’s account was frequently in excess. Belton Sdn. Bhd. requested for an additional overdraft facility of RM 100 000‚ making a total overdraft limit of RM 600 000. The security documentation was executed by Belton Sdn. Bhd‚ on 2 May 1997. On that date‚ the amount outstanding was RM 550 000 (debit). In case Belton Sdn. Bhd. defaults in repayment‚ should bank ABC Bhd. worry that Belton Sdn
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Business CODE of ETHICS JAMES HANKERSON PHL/323 ETHICS in BUSINESS JUNE 22‚ 2011 JAMEELAH YESUFU Business CODE of ETHICS When face with major problems and dilemmas within the company‚ management look to the standards of ethical conduct for guidance. Code of Ethics is the backbone to any organization or corporation. When a possible violation has accrued one has to ask three questions. Will my actions be fair‚ would I be please with the decision that I make‚ and can others learn from my actions. Code
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Business Ethics An Informative Report for Owners‚ Managers and Leaders of Organisations in Emerging Markets Table of Contents 1. Executive Summary 3 2. Introduction 4 3. Approach and Methodology 5 4. What is Business Ethics? 5 5. Why is Business Ethics Important? 6 6. The Approach to Business Ethics 7 7. Conclusion 8 8. References 9 1. Executive Summary There are many factors to consider when a company does business with another. Many global businesses give
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WORLD HISTORY The Making of the Modern World Nationalism Progressive Ideas and Movements During the Progressive Era new ideas and ways of living were being formed. Nationalism was one idea that emerged towards the end of the Middle Ages. It is the idea that people all share similar interests including culture‚ language and religion. It is also the sense of belonging to a nation and is the creation of a single government over a large territory. Nationalism can originate when people decide
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sages told people human life is extremely valuable and sacred‚ as a religious doctrine in the Ten Commandments: “Thou shalt not kill.” Moreover‚ when people talk about ethics‚ they will think about rules to differentiate right and wrong. It might be wise maxims of Confucius or religious beliefs. The most general way to define “ethics” is that “moral principles that govern a person’s or group’s behavior” (American English in Oxford Dictionary). Bioethics is a pretty young interdisciplinary study‚ which
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Ethics and Values in Modern Day Media “The public has an insatiable curiosity to know everything. Except what is worth knowing. Journalism‚ conscious of this‚ and having tradesman-like habits‚ supplies their demands.” -- Oscar Wilde. Few would doubt that the media is one of the few platforms that affords people the ability to inform‚ entertain‚ and influence society. The privilege of having such voice and influence comes with great responsibility. It is crucial that those in a position of such
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1. Case of Corporate Social Responsibility/ Environmental Policies McDonald is one famous fast food restaurant in Hong Kong‚ in this few years; they started to concern about the environment protection. They trying hard to reduce use of water‚ solid waste and kitchen exhaust. For the environmental policies‚ McDonald practices 3R: Reduce‚ Reuse‚ and Recycle. First‚ to reduce more waste‚ McDonald change most of their foam packaging to paper‚ this already reduce 80% of their waste. Second‚ they use
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Ethics in International Business The recent international events‚ with a major financial crisis all over the world‚ involve important questions about the relation between ethics and economics and the responsibilities of the economic market in relation to broader social and political concerns. The recent global financial crisis has recently existed with a lack of awareness on business ethics policies where unprofessional practices are performed on dangerous mortgage borrowers have occurred without
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What is business ethics? Would you agree that ultimately business ethics is a complete paradox‚ an absurd contradiction‚ and therefore largely a pointless exercise? Introduction In different periods of time‚ scholars provide different focuses for business ethics: systematic focus at the beginning‚ while organisational focus followed and individual focus at present (Fisher and Lovell‚ 2006). Although focuses of business ethics at different period of time are different‚ the basic principle and
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Technology in the Educational/Professional World The rapid change‚ and consistent pace of change in technology we see today‚ is creating both opportunities and challenges. These opportunities allow us to have a great range of access to a wealth of multimedia content‚ being able to take online courses‚ accessing the internet from a variety of devices‚ social networking tools for professional development‚ and learning. This also poses a great challenge in our schools. It can get very difficult
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