Birch Paper Company Information given (All costs are for quantity of 1000) 1. If Northern accepts the bid from Thompson Thompson companies Out of Pocket costs for 1000 boxes = $400 70% of Thompson Out of Pocket costs = Selling price of Southern division (line and corrugating medium) Hence‚ selling price of Southern = 70% * 400 = $280 Hence‚ Out of Pocket costs for Southern = 60% 280 = $168 2. If Northern accepts the bid from West No out of pocket costs Thompson and Southern 3. If Northern accepts
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Ethics Case Study Everyday health care workers around the world are faced with tough decisions. The law guides many decisions but some decisions require ethical considerations. Making good ethical decisions is not always as easy as it seems. Making ethical decisions is even harder when the primary intention is to be helpful‚ but it is beyond an employee’s qualifications. Jerry’s Qualifications versus Necessary Qualifications Qualification as a medical assistant and a licensed practical
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BUSINESS ETHICS CASE STUDY 1) What are Joseph’s ethical problems? Joseph is faced with some ethical problems such as honesty‚ conflicts of interest‚ fairness and bribes. He found out that Carl and other employees were using (kickback) with their customers. Even if the Alcon’s hand book didn’t say anything about the kickback‚ but it include this statement" our company stands for the right thing at all time and giving our customers the best products for the best price" so Joseph and the employees
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Overview Enron Corporation‚ once the 7th largest company in US and a global leader of electricity and natural gas industries‚ filed for bankruptcy protection in late 2001. It was revealed that the company had been hiding investment losses and created fictitious revenue through several complicated accounting gimmicks. Besides Enron’s senior management who created the whole fiasco‚ many people believed that several other parties‚ such as the Board of Directors and the external auditors should also
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Running Head: Ethics Analysis Paper Ethics Analysis Paper Jennifer Prescott Liberty University Abstract Today there is a great deal of emphasis placed on ethical behavior and its impact on the counseling relationship. As a counselor our first job is to do no harm. As responsible practitioners we must follow a code of ethics in order to best serve our clients and our mission to do no harm. This research has shown how the ethical systems are influenced
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Ethics Case Study Merck & Company invested millions of dollars to develop a treatment for river blindness‚ a disease of the developing world that has infected 18 million people and poses a risk for 127 million people. River blindness is caused by the bite of black flies that deposit larvae of a parasite under the skin of their victims. When the larvae mature into adult worms‚ the adults reproduce millions of the immature forms of the parasites that migrate throughout the tissues of the body causing
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Why Business Ethics Are Important Ethics are the norms and values that serve as the criteria for evaluating the actions of others. Ethics in Business is the everyday moral and/or ethical norms to business. Ethics is a formal system for deciding between what is right and what is wrong. It’s the aspect of corporate governance that has to do with moral values and standards of companies’ leaders encouraging employees to be knowledgeable in business dealings. Business Ethics takes into consideration
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Ethics and Compliance Paper Ashley Blalock University of Phoenix Ethics and Compliance Paper Finance is often overlooked as a discipline that is independent from ethical boundaries. Finance is actually very strongly tied to social sciences‚ exploring the fiscal behavior of an organization. After the Sobanes-Oxley Act‚ established in 2003‚ an organizations’ ethical role with regard to finance has been reevaluated and reformed; unfortunately‚ it has taken the intervention of law to pass the
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Ethics and Compliance Paper University of Phoenix Finance for Business/ FIN370 September 9‚ 2009 Wal-Mart is a global conglomerate of economically priced everyday household items housed in mega-stores in most major cities having Sams’ Wholesale membership only club and anchored by Wal-Mart.com. Wal-Mart employs over 2 million associates throughout the world with 1.4 million employed in the United States alone. Charitable giving is part of the initiative and expounds on the art of giving back
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INDIVIDUAL WORK WEEK TWO-CASE STUDY BY SHELLY DAVIS Identify what you consider to be potentially unethical. Why do you think it is not ethical? I believe Daryl’s decision to have the secretary and the market research interns to work on his book are unethical. The book that Daryl is supposed to be writing for one isn’t from his own words or his own research. He’s using the interns to look up information‚ having them use the company’s time and money to do research on a book that is basically
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