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 Statement Being raised through generations of traditional Catholics‚ I was instilled with a multitude of good moral values that has given me a good perspective on my personal ethics and what I believe. I have always heard the golden rule from my family‚ “do unto others as you would have them done unto you”‚ and that has always stuck in my mind and is what I strive for. My preferred lens is Rights‚ Responsibility and Relationship. According to my preferred lens I use reasoning
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Mergers & Acquisitions: Hostile takeovers and defense strategies against them Bachelor thesis Samim Zarin 880825-5171 Erik Yang 890422-1176 Tutor: Harald Dolles Department of Business & Administration International Business Spring 2011 1 Bachelor’s Thesis in International Business Title: Mergers & Acquisitions - Hostile takeovers and defense strategies against them Author: Erik Yang and Samim Zarin Tutor: Harald Dolles Date: [2011-07] Keywords: Hostile takeover
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Personal Ethics Statement My ethical perspective lens rights and responsibilities; I tend to use reasoning skills to determine duties as well as universal rules that each person should follow. I prioritize the value of being in charge over equality. My primary concern would be protecting my individual rights‚ believing that it is the best way to assure that everyone in the community is treated fairly. Rationality over sensibility is also another prioritized value‚ believing that universal rules
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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 to opt for their own private
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Personal Ethical Statement While reading over the results for my “Ethical Lens Inventory” I learned that my preferred lens is Rights and Responsibility and Relationship lens. This means that I use rationality to determine the rules that each individual should follow and the different ways to solve problems that are fair for everyone. I like everything to be equal. My “Blind spot” is the belief that motive justifies method or overconfidence in process. Basically‚ I want to follow the
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Challenges China has been under the communist party rule for many decades. The communist party exercises absolute power over legislations and economic & cultural institutions. Unlike western economies where the government promotes transparency for doing business; in China rules and regulations are not so transparent or absolute. Large manufacturing businesses can come under various regulations and bureaucracies‚ China promotes a form of social network called guanxiwang‚ where guanxi [10] is the relationship
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NESTLE’S ETHICAL BUSINESS STRUGGLES 1 Nestlé’s Ethical Business Struggles: How the infant formula boycott affected Nestle NESTLE’S ETHICAL BUSINESS STRUGGLES 2 Abstract Nestlé’s marketing tragedy of infant formula in third-world countries in the 1970s caused consumers to boycott the company. As this paper states there are three individuals who were associated with Nestlé’s managing of the boycott. In the 1980s there were other business scandals that involved
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Provide a considered response to the following statement‚ “The principles and rules for risk management appear to be just plain common sense.” First we have to define what common sense is. Common sense is the everyday understandings and it based on everyday experience. It is a model of how the world works that we build up from our experience for example like personal or social experience. We can refer the common sense as market dynamics because market keeps changing through time. However it shares
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risk at all. In almost all of the Ponzi schemes‚ the fraudsters focus on trying to attract new money to make the promised payments to earlier-stage investors and to use for personal expenses‚ instead of engaging in my valid investment action. The term Ponzi scheme gets its name from Charles Ponzi‚ who tricked thousands of New England residents into investing in a postage stamp speculation scheme back in the 1920s. Ponzi promised he could provide a 50% return in just 90 days while annual interest
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