ETHC-445-68329 Massey Principles of Ethics Rehan Ashraf Homework Assignment‚ Week-3 DeVry University Scenario 1 The Mayor of a large city was given a free membership in an exclusive golf club by people who have received several city contracts. He also accepted gifts from organizations that have not done business with the City but might in the future. The gifts ranged from $200 tickets to professional sports events to designer watches and jewelry. Analysis There is no doubt; the mayor is
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1. The ethical issues in this case are employee theft‚ company resource abuse‚ conflict of interest‚ misuse of company’s confidential information‚ lying and intimidating behavior. Jack is misusing the company’s confidential information to do work for some clients outside of A&A. There is a conflict of interest because Jack represents A&A and has gained the trust of the company. Jacks’ ethical issues arise when he denied a promotion to a partner’s position in the firm‚ by stealing the company’s software
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3. How do your estimates compare with the actual quoted prices? Can you explain the differences? Assuming your prices are correct‚ which options would you buy or sell? Our estimates are a little different with the actual quoted prices. Why? Because some assumptions are underlying the B/S formula. 1). The stock will pay no dividends until after the option expiration date. 2). Both the interest rate‚ r‚ and variance rate‚ δ2‚ of the stock are constant (or in slightly more general versions of the
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Should the manager let the teammates leave? Mr. C (the manager) joined the ‘H’ company on Jun‚ 2009. ‘H’ company is a big group company in the chemical fiber industry in China. ‘H’ Company is a private family company and it has 5 factories located in different province in China. Altogether ‘H’ company has more than 5‚000 employees. ‘H’ company uses the raw material cotton linter to produce cotton pulp and then sell the cotton pulp in China. Nearly 80% of the raw material cotton linter was purchased
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There are a variety of different opinions on whether or not immigrants should change their behavior to fit in with their new country. Although some people would no doubt disagree‚ I personally believe that newcomers should indeed try to adapt. In my view‚ this means following both the written laws and social customs of their adopted country. There are two primary reasons for this. Firstly‚ it is obvious that society would not function properly if newcomers did not obey the law. One particularly
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1. Using consequential‚ rule-based and character theories‚ evaluate Jim’s options. • Consequential-Jim would need to assess how it would affect each worker and the company and identify the benefits or damage it would cause if he fired Bill. Jim would need to makes sure the benefits outweighed the harm. If firing Bill is helpful to the company‚ then it would be acceptable. • Rule-based-With this theory‚ Jim needs to look at the other workers to see if maybe Bill is getting his attitude from them
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The Scarlet Letter by Nathaniel Hawthorne. The main character Hester Prynne. Hester has been perceived in many different ways. Some believe that she is a picture perfect example of the puritan society. Also one of the best citizens in her community in Boston. Fortunately many people also think that she is an awful example and is corrupt. There are two sides. Here are both sides. First I will go over reasons why Hester is the best citizen. Hester has many good qualities. Honestly it’s very difficult
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Personal & Business Ethics APPENDIX I Ethical Dilemma Scenarios for Speaker Selection Notes: 1. The following details are also located in the “speaker notes” of the presentation 2. Select appropriate scenarios listed below given the timeframe and audience Ethical Dilemma Discussion (1) You are taking an Algebra exam and you notice the person next to you is cheating off of your paper. You have studied very hard for this exam because you want to maintain good grades and
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The Great Dilemma The Great Gatsby is a 1925 novel written by F. Scott Fitzgerald. The Great Gatsby is about a young man who has fallen in love with a young woman. But at the time they meet‚ they are unable to be together I think because of complications surrounding WW1. A few years later in the 20’s‚ they meet again‚ but Daisy married to a man named Tom‚ and has a child. Gatsby then tries everything to get her to fall for him and leave Tom. Gatsby gains money by unscrupulous means and buys a house
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Week 1 – DQ 1. What ethical dilemmas might CPAs experience? Explain what ethical responsibility a CPA might neglect. (Ch. 17 of Financial Accounting Theory and Analysis) According to our text‚ there are five ethical dilemmas that accountants can experience: ❖ Independence: the accountant must be separate from the company ❖ Scope of Services: the accountant/auditor should not provide services that is not required by an accountant/auditor (consulting‚ tax return preparation‚ tax advice)
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