to raise the liability issue. He knew there were risks either way. There was the risk that his client would choose to take their business elsewhere if he told them what he believed to be the fund’s financial reality. Furthermore‚ such a move would not only result in lost business‚ but would likely be interpreted as disloyalty towards his firm. But then he thought about what didn’t happen during the 2008 financial crisis‚ and this reality gnawed at him: When the subprime crisis played out everybody
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Business Ethics and Etiquettes Its how you do business San Pedro College of Business Administration San Pedro‚ Laguna September 3‚ 2011 Speaker’s Profile SONNY CAPULONG URFANO‚ CPA B.S. Accountancy Graduate‚ SPCBA 2004 MBA‚ De La Salle University-Manila CIA-Candidate Audit Manager‚ Trinity Insurance Brokers Managing Partner‚ Jacob Urfano & Associates Consultant‚ Metroplex Corporation‚ Binan Laguna College Professor‚ GCIC Taguig Past President‚ Rotaract Club of San Pedro East What
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1. What role does corporate reputation play within organizational performance and social responsibility? A good corporate reputation can bring the corporate lots of benefits‚ such as the stakeholder’s support for the corporation. Do you see any RED FLAGS in the facts given? Lack of health and safety of its products‚ unlawful competitive practices‚ racial discrimination problem and when the slow reaction after they found out their products’ problem. Those are all red flags. 2. Develop a
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knows ethics‚ the more it is used and the more useful it becomes”-Plato‚ The quote by Plato is a reminder on just how important ethics is and how important it is to educate yourself on proper ethical practices. In the following paper I would like to look at the topic of global business ethics. Recent studies in business ethics have shown both remarkable similarities and differences across cultures with respect to attitudes toward questionable business practices. First I would like to talk about the
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UK national debt is the total amount of money the British government owes to the private sector and other purchasers of UK gilts. Public sector net debt was £1‚039.5 billion at the end of August 2012‚ equivalent to 66.1% of GDP. Now I will explain how these four factors can affect Burberry. The unemployment level can have massive impact on the Burberry’s income. It can be affected because if the unemployment rate will keep increasing this means that more people will be out of job and will have less
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How do you characterize this phenomenon? Is it money laundering‚ racketeering‚ embezzling‚ cheating or deception? Why or why not? “Corruption is authority plus monopoly minus transparency.” "Power does not corrupt men; fools‚ however‚ if they get into a position of power‚ corrupt power." These words of aptly describes the scale of damage of corruption. The article “No business like politics in India” provides us just with the tip of Iceberg. It shows a clear evidence of politicians amassing
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utilitarianism. Act utilitarianism focuses on the consequences of individual actions and how those involved will be affected. The right course of action to take is the action that will produce the most overall happiness. An example of act utilitarianism would be whether or not to tell a patient they have a serious‚ life-threatening illness. Telling them would cause much unhappiness; therefore lying would be the right decision. While act utilitarianism concentrates on individual actions to maximize happiness
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and stockiest. The company now wants to utilize its distribution strength in consumer products and to expand their business. United battery manufacturers have started marketing their own private brand of blades and has achieved some moderate success so far. But in order to utilize its existing resources‚ distribution strength in consumer products and to expand their business Ambassador torchlights have come up with following strategies but which to opt is still a matter of concern: Whether
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Literary analysis “Curled or Straight” Why race matters? In the novel White Teeth written by Zadie Smith‚ the character Iris Ambrosia Jones is struggle with her racial identity. Irie is a half- Jamaican‚ half- English woman in her twenties. England is the country where she grew up. She feels uncomfortable with her inherited Jamaican physique. Irie falls in love with Millat‚ Millat comes from an Indian family and he adores English women. Because of that‚ Irie wishes to change her appearance by
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Business Ethics versus Military Ethics June 18‚ 2005 Business Ethics versus Military Ethics "The ultimate basis for ethics is clear: Human behavior has consequences for the welfare of others. We are capable of acting toward others in such a way as to increase or decrease the quality of their lives. We are capable of helping or harming. What is more‚ we are theoretically capable of understanding when we are doing the one and when the other. This is so because we have the capacity to put ourselves
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