general we follow a five-step decision model to arrive to conclusions while balancing it all out through the eyes of different lenses. This is called the Baird method of ethical decision. Dr. Catharyn A. Baird developed it. In the current game of dilemmas we are accessing two cases. the case of mysterious roses and the cold feet. In the case of mysterious roses am depicted as director of sales. Who is possibly handling a situation revolving around possible harassment. Gayle Dornier had been receiving
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companies who took actions in the buy and sell contractually agreed on the change‚ but only the company Dicers‚ which Engineer A worked for‚ had further knowledge and financial benefit. The dishonesty between the seller and buyer create the main ethical dilemma in the situation. The seller was not fully aware of the alteration of the testing process causing the buyer to be the only company gaining profit. According to the AIC‚ American Institute of Constructors‚ code of ethics no company should have a greater
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Legal cases Marbury v. Madison:(1803) Judicial review In 1801‚ Justice William Marbury was to have received a commission from President Adams‚ but Secretary of State James Madison refused to issue the commission. Chief Justice Marshall stated that the Judiciary Act of 1789‚ which was the basis for Marbury’s claim‚ conflicted with Article III of the Constitution. Marbury did not receive the commission. This case determined that the Supreme Court and not the states would have the ultimate word
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I. Point of View We consider Ms. Bea Lim’s perspective‚ the Marketing Assistant of Prime Meat‚ Inc. as our point of view. She is the one envisioning on the pricing strategy formulation that would have a long-term beneficial effect to the company. II. Market Situation Analysis A. Opportunities-Threat Analysis 1. Opportunities Strategic Location - The location of Prime Meat‚ Inc. is Santo Tomas‚ the town next to the capital city. Large Market Potential - For tocino (89.312 metric tons per month)
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3. Depreciation percentage=$1‚640‚200/$15‚411‚620 = 10.64% New Fixed Assets=$15‚411‚620 + $30‚000‚000 = $45‚411‚620 $45‚411‚620*.1064 = $4‚831‚796 new depreciation Pro forma Income Statement Sales ($36‚599‚300*1.12) $40‚991‚216 Cost of Goods Sold ($26‚669‚496*1.12) 29‚869‚836 Other Expenses ($4‚641‚000*1.12) 5‚197‚920 Depreciation 4‚831‚796 EBIT 1‚091‚664 Interest 573‚200 Taxable Income 518‚464 Taxes
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ETHICS CASE Dilemma of an Accountant In 1976 Senator Lee Metcalf (D-Mont.) released a report on the public accounting industry which rocked the profession. Despite a decade of revisions in rules and regulations (variously established by the Securities and Exchange Commission‚ Accounting Principles Board‚ and Financial Accounting Standards Board)‚ public accounting firms were still perceived by many on Capitol Hill as biased in favor of their clients‚ incapable of or unwilling to police
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Ethical dilemma is an issue involving moral principles with no right or wrong. There will always have debates on whether one matter is considered being right or to some people’s perspective‚ it might be wrong. Take for example in Singapore‚ many people will be against the idea of abortion as it is the same as murder. However‚ there are also some who are not against the idea. In fact‚ abortions were considered legal so long the pregnancy does not exceed 6 months. It actually depends on one’s conscience
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patient. For example‚ nurse could be an ultimate adversary of abortion unless the mother or child could have complications from it. A patient coming into the hospital to abort a child just because she did not use contraceptives could cause an ethical dilemma considering the nurse are obligated to respect autonomy of the patient. Thus autonomy takes control over all other ethical principles in cases of
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Business Ethics Dilemmas in “It’s a Wonderful Life” OVERVIEW For this movement I chose to get a load of the business morals quandaries depicted in the exemplary motion picture “It’s a Radiant Existence”. In this paper I am determined to give a concise abstract of the film‚ give a catalogue of the prevailing elements‚ and quickly skim over the moral quandaries confronted by the principle elements in this film. This film was prepared and administered by Plain Capra and discharged in 1946. The
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1. Calculate the Payback Period of each project. Explain what argument Tim should make to show that the Payback Period is not appropriate in this case. Answer : Year Synthetic Resin Epoxy Resin Cash Flows Cumulative Cash Flows Cash Flows Cumulative Cash Flows 0 -$1‚000‚000 -$1‚000‚000 -$800‚000 -$800‚000 1 $350‚000 -$650‚000 $600‚000 -$200‚000 2 $400‚000 -$250‚000 $400‚000 $200‚000 3 $500‚000 $250‚000 $300‚000 $500‚000 4 $650‚000 $900‚000 $200‚000 $700‚000 5 $700‚000 $1‚600‚000 $200‚000
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