Student’s Name: Please read and follow all instructions. The focus of this course is the reasoning process used when we are making decisions. Some reasoning processes are for individual decisions‚ while others are for social decisions. It is important to remember that the course (and these assignments) are NOT about opinions (your own or the expert’s)‚ but rather about the reasoning process used in arriving at these opinions and decisions. In the homework assignments‚ you are being asked
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Question One There were many ethical violations that occurred in the Zimbardo Prison Study. The first violation was deception. Although Zimbardo got consent from the participant‚ he did not fully explain what the participant would be going through. They were told that they would be participating in a mock prison study. However‚ they were not told that they would be arrested at their homes and striped searched upon arrival at the prison site. It is very important that you inform participants
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CEO-to-Worker Pay Ratios 1. Should the SEC mandate disclosure of pay ratios? Why or why not? And if so‚ how should the ratios be determined? The pay ratio provision requires publicly held companies to annually calculate the median total compensation for all employees globally‚ and disclose a ratio of the median employee’s compensation to the CEO’s compensation (H.R. Policy Association‚ n.d.). The SEC should mandate the disclosure of pay ratios because there are too many CEO’s collecting excessive
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past 10 years when large corporations were found to be fudging the numbers causing thousands and thousands of employees to lose everything when the company went under. The article chosen for this paper is about the importance of educating students on ethics in accounting. It was written by Susan Schott Karr in 2004‚ who frequently writes about business education as a freelance writer out of Chatham N.J. She writes about how accounting scandals in the past have caused more in depth training for employees
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Ethics Program AC504: Ethical Issues in Business and Accounting July 7‚ 2013 Amy Muscarello Our new company is a family owned distribution company called TAM’s. The family has one corporate office in Palatine‚ Illinois. They have ten warehouses in Ohio (Cincinnati‚ Dayton‚ and Cleveland)‚ Wisconsin (Madison and Chippewa Falls)‚ Illinois (Bloomington and Palatine)‚ Minnesota (Eagan)‚ Indiana (Indianapolis)‚ and Michigan (Detroit). The father and son are the CEO and CFO of the company. They
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Case Study 6.1 Sweatshops Katie White BA 616 Business Ethics Dr. Moore 31 May 2014 Which of your company’s practices can you defend in good conscience? The company can defend moving much of it’s manufacturing plants overseas. For the company this cuts labor costs and provides jobs to those who are in desperate need in other countries. The wages provided to employees is in compliance with the local laws. The employees are satisfied with their wages and the hours they work. There is a large demand
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Personal Ethics Development According to the American Heritage dictionary ethics are “the rules or standards governing the conduct of a person or the conduct of the members of a profession” (ethics‚ n.d.). In every aspect of our lives our ethical system is constantly being put to the test. Ethical dilemmas challenge our morals‚ values‚ and our true character at home and at work. This can be especially challenging in the work force. In this summary I will discuss my underlying ethical system‚ potential
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Ethics and the Consumer Introduction The objective of this paper is to identify and analyse the policies specified by government and organisations for the protection of consumer interests and the role of ethics in consumer choice. It also analyses the role of ethics in consumer culture and give examples of how the service sector reacts to it. The aim of this paper is to understand the movement for ethical consumption and reflect on its scope on the constitution of a new consumer culture
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Code of Ethics Tamara McGrath HCS 435 Robert Vella September 28‚ 2010 There are many health care specialties in the world‚ but no matter which specialty is being practiced‚ they all have a code of ethics. Code of ethics is a set of written guidelines that are issued by an organization or company. These guidelines are made and set not only for organization and/or company employees‚ but also for the managers and/or bosses as well. These guidelines help to make a company or organization run
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workplace. How would you approach the problem and reach a decision to solve it? Business ethics defines how a company integrates core values - such as honesty‚ trust‚ respect‚ and fairness - into its policies‚ practices‚ and decision-making. Business ethics also involves a company’s compliance with legal standards and observance to internal rules and regulations. Business ethics is‚ in part‚ the attempt to think clearly and deeply about ethical issues
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