The Western Company is a public utility holding company which builds and helps to operate electric generating plants across the world. Western is facing increasing competition as the utility industry moves toward deregulation. In the past Western has relied on engineers to make key decisions in the area of capital budgeting selecting projects with the lowest present value of future costs. This is a continuation of the previous case in which the managers are now using the actual company projects to
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FHPC’s competitive strategy? Forest Hill Paper Company competes in a very cyclical economic environment‚ with upswings every three to four years. As of lately‚ FHPC market share is down to 25% from about 35% through the most of 1980s‚ the most significant contributors to the loss of market share is the recent trend toward plastic and more environmentally friendly grades of recycled paper paperboard. As for what is or should be Forest Hill Paper Company competitive strategy‚ the article clearly
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factors would be the company. It is a company’s duty to follow the Rules & Regulations‚ Code of Ethics‚ policies and also the procedures in order to protect and maintain the company’s image. As for the stakeholders to the company‚ the PR professionals’ obligation to them is to make sure the company financial status is fine and profiting. Our own policies would be another internal factor. It is our policy to be ethical in our job as a PR Professional by having the Code of Ethics in mind. External
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Case Study: Forest Hill Paper Company 1. How would you classify Forest Hill Paper Company in terms of size and ownership? I would classify Forest Hill Paper Company (FHPC) as a “small paperboard manufacturer that produces a broad line of paperboard in large reels.” 2. What is the nature of the Industry in which Forest Hill competes? Due to customer buying habits‚ FHPC competes in a cyclical economic environment‚ with upswings every three to four years. The current paperboard market is mature
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decision making for hiring any applicant for the outside sales position. B. 1. Should Laura hire Jack Friendly? 2. Should Laura disregard company policy? 3. Should Laura use Google‚ Facebook‚ LinkedIn‚ and other private sites used by people as a final decision? 4. Is it morally right for Laura’s company to use a collection of Internet information in all job searches? 5. Is it morally right for Laura not to hire the best qualified for the position
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it; this is not a requirement‚ just a suggestion. Otherwise‚ please follow the instructions/format suggestions in parenthesis after each question. This is intended to be an INDIVIDUAL exercise in knowledge and understanding of the law and business ethics‚ please do not discuss the exam with your classmates. You are permitted to use outside material‚ however‚ you can receive full credit by using only the material from the book and class. *If I give you a legal conclusion‚ do not debate it and create
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Virtue Ethics- Even though Billy did have too much to drink‚ that does not excuse him from going home and having sex with a woman he just met while he is in a relationship. While being a close friend to both people‚ Billy and Suzie‚ and knowing that I can’t stop him‚ it is my loyal and moral duty to act in a just and kind way which is to tell Suzie. A Virtue Ethics person would suggest that the right thing to do is look at an angelic person. A truthful friend that that doesn’t lie in order to make
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Company Introduction and Analysis Paper on Wal-Mart By: Team A ECONOMICS FOR BUSINESS I - ECO/360 June 13‚ 2005 Abstract Wal-Mart has grown to be one of the biggest corporations in the world‚ employing 1.3 million workers worldwide in 2003 in over 4‚300 stores with sales around $256 billion. They sell everything from clothing‚ tools‚ toys‚ electronic goods‚ appliances and groceries. A major force behind its success was the vision‚ enterprise and daring of its founder‚ Sam Walton
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Laura Marie PHI 104-51 MIDTERM MIDTERM EXAM INSTRUCTIONS: Please answer the following questions with a few sentences or a paragraph. 1. Define Ethics: Ethics are principles of right conduct that serve as rules for people. It is the understanding of what is right and wrong‚ and choosing to do what is right. 2. What are the 5 Steps to Making an Ethical Decision? The first step in making an Ethical decision is to recognize a moral issue. The second step
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Professional Values and Ethics Paper Team A GEN200 October 25‚ 2010 Marie Gelpi Hammerschmidt Professional values and ethics can influence the way a person’s career can either succeed or fail. Depending upon the person’s personal core values determines how he or she will use those values in his or hers professional life. If a person respects others in his or hers personal life‚ then that respect of others will most likely be carry over into the professional side of the person’s
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