1. Did Bank of America breach ethical standards by failing to disclose the extent of Merrill’s losses and its agreement to pay year-end bonuses to Merrill executives? Bank of America agreed to pay $2.43 billion to settle a class-action lawsuit with investors who owned or bought its shares when the bank purchased Merrill Lynch in 2008. Bank of America acquired Merrill Lynch in late 2008 during the financial crisis. The $50 billion deal came as Merrill Lynch was within days of collapse‚ effectively
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The ethical boundaries are established in a comprehensive contract. The McShane & Gilnow (2008) contract will give details on the practicalities‚ purpose‚ and process. The practicalities discuss the fees‚ cancelation‚ number of sessions‚ and confidentiality. It explains the termination process and the executive limit liability. The purpose gives the company the goals of the executive coaching and the timeframe changes should occur. The process gives the company what is to be expected and what results
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My core values consist of autonomy‚ equality‚ and rationality. When compared to my top five values from the Clarifying your Values exercise‚ I felt they aligned fairly well. In my work and personal life‚ I have always strived to be autonomous which requires a minimum level of self-discipline‚ initiative‚ and responsibility to be successful. When viewed in the context of completing my MBA through Western Governors University‚ I have a great deal of freedom and independence around where I take
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Daubert Standard June 8‚ 2014 Description of Daubert Standard Expert testimony is important in any trial‚ but determining whether or not the testimony is admissible can lead to other problems. The Daubert Standard is used by trial judges during the preliminary assessment. It is crucial that the trial judge assesses the expert’s testimony on if it is not only scientifically valid‚ but also if the testimony can be applied to the issues properly. To properly determine if the expert testimony meets
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Each employee has different core values‚ so it is important to find a firm that aligned their belief with the employee. After looking through the list of values I chose five that represent me and what I want to work for in my intended career. The five values are: showing pride in my work‚ having a positive impact on society‚ using creative ways to innovate my work‚ working with a diverse group of people and working in a team. First‚ being proud of your work is mandatory for success. If I am proud
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Its a well-known fact that there has always been and still is a double standard when it comes to men and women’s sexual expression. Men are judged less severely then woman are for the same behavior. Men are encouraged and praised for having multiple sexual partners while women are shamed‚ and name called. A double standard has been found to exist when researchers have examined male and female condom use‚ study participants typically rate the woman’s behavior more negatively and as more inappropriate
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Maintaining Ethical Standards BSHS 335 February 2014 Maintaining Ethical Standards The Case of Ludwig In the case of Ludwig‚ he is a counselor has training and education in individual counseling. Ella came to him for individual counseling and after several sessions the counselor Ludwig‚ realized that a lot of her problems and difficulties had to do with her entire family system. One of Ella’s problems is having been abandoned by her parents. The counselor realizes that it would be in her best interest
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Kiara Jackson Professor: Antoinetta Graham Ethics 21 April 2015 Ethical Dilemma One of the most difficult trials I face in my life are ethical and moral dilemmas. An ethical dilemma is more consistent with my everyday life than a moral dilemma. Ethical dilemma is defined as situations in which there is a choice to be made between two options‚ neither of which resolves the situation in an ethically acceptable fashion. Every day I am faced with decisions of right and wrong most of which are
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References: Evening Standard Limited. Oct 22‚ 2012 http://search.proquest.com.ezproxy.apollolibrary.com/docview/1114098515?pq-origsite=summon July 12‚ 2012 http://www.americanprogress.org/issues/labor/news/2012/07/12/11900/the-top-10-economic-facts-of-diversity-in-the-workplace/
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Ethical Perspective Paper Introductions Organizations have concerns that are focused on ethical leadership and ethical decision making. Ethical leadership and the importance of education have been highlighted in all most organization (Winston‚ M‚ 2007). The four key core values that have been formed as a basis for ethical decision making are C.O.R.E which is known as the character‚ obligation‚ results and equity which represents the way decisions are made from an ethical perspective. Each person
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