Monsato Company – A Question in Agricultural Ethics PHL 323 A Brief History Monsato Company is a Missouri-based company founded in 1901 by John F. Queeny and his wife Olga Monsato producing saccharine. In the mid-1940s‚ Monsato Co. began developing agricultural chemicals and throughout the 1960s and 1970s‚ herbicides were developed and introduced to the farmers. In 1981‚ a research group was established and the business’s primary focus was
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(10%) Select any of the following cases and write a report about it. Your report (2-3 pages) will discuss the selected case containing the following parts: 1. Statement of the selected case [2 point ] 2. The moral dilemma involved in the case [2 points] 3. What do societal or professional values require in the selected case? [2 points] 4. What do professional ethical standards require in the selected case? Cite relevant parts of the Codes of Ethics. [2 points] 5. What action
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Ethics Case Analysis: Trans-American Paper Company In resolving the ethical issues associated with business conduct the “seeing-knowing-doing” model is very useful. In this case analysis‚ we scan all the Trans-American Paper Company’s (TAPC) proposed/potential business options for the ethical issues. First‚ we will identify the ethical issues involved and its ethical/business/legal implications. Second‚ we will see how we can resolve these ethical issues and come up with best/second-best options
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The Analyst’s Dilemma (A) This case presents a very typical situation that people encounter while working in the corporate environment. What is ethical‚ what is morally correct and what is just right out against the law are the questions that we all face while working in a corporate environment. Some of the ethical questions are governed by the law facing the situation. For example while working in an investment bank you most probably have access to inside information about upcoming deals that
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reporting and internal governance standard of public companies. Ethics Issues The first issue is the lack of independence of the board of directors and their breach of fiduciary duty. The Board of Directors has the legal and ethical duty of monitoring the company’s management on behalf of the shareholders. The members should remain independent and should always examine the company’s operations with great care. In Enron’s case‚ the Board of Directors was comprised of members who were too close
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Change blindness is a strange phenomenon which occurs when a visual change in the environment goes unnoticed by the observer‚ even if the change is large or obvious. This can be particularly dangerous in times when vision and ability to react to changes around us is imperative to our safety‚ such as when driving. An occurrence of change blindness while driving could cause an accident if it is not detected fast enough. There are many contributors to detection of change which have been studied by previous
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Case Summary: Between 1966 and 1975‚ Orkin Exterminating Company contracted with their customers a “lifetime” termite protection control if the contracted customers continue to pay the annual renewal fee. But‚ this contract became too expensive for Orkin when US suffered price inflation. It decided to increase annual renewal fee by 40 Percent. Few persistent customers were able to escape the rate increase through an accommodation plan‚ while most customers were not informed about this possibility
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Thomas Hobbes (English – Contractarian) 1. View of the State of Nature a. Human nature w/o government is : i. Egoistic ii. Everyone “equal” iii. Equal rights to everything iv. Warlike v. Psychological Egoism – People are motivated by the pursuit of pleasure and the avoidance of pain vi. Rational vii. Law of Self Preservation + reason contract 2. Psychological / Ethical Egoism a. Psych – descriptive – People are motivated by the pursuit of pleasure and avoidance of pain b. Ethical
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Enron is a U.S. company that was formed in 1985 by Kenneth Lay‚ an economist. On the 2nd of December 2001 the company had been filed for bankruptcy as a result of a great accounting fraud. Enron had been expanded by borrowings of money to buy up other companies which lead them to a 75% debt capital. To help encounter this problem‚ Jeffrey Skilling was appointed as head of Enron’s finance department. As the U.S. government deregulated energy prices‚ the price of gas became very unstable. Skilling
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Merck and Company‚ Inc.: SWOT Analysis and Stakeholder Evaluation Merck and Company‚ Inc.‚ a.k.a. Merck‚ is a leading worldwide pharmaceutical company that engages in manufacturing and marketing medicines‚ animal products‚ vaccines‚ and consumer health products. As most companies‚ Merck desires to continue their success as one of the top health care innovators in the world. Conducting a SWOT analysis can give them insight into internal strengths and weaknesses as well as external opportunities
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