The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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Unethical Research Practices Unethical research is commonly found within pharmaceutical companies. In a hurry to get new drugs to market‚ companies will often cut corners during the research process. Pharmaceutical companies will spend millions of dollars on drug research‚ but very little on unethical drug promotion (Parmar‚ Jalees‚ 2004). The purpose of this paper is to inform the reader of how unethical research practices can lead to death from both past and present case studies. Present Rizwan
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Waterboarding is a torturous‚ unethical‚ murderous method of interrogation and should be illegal. Waterboarding causes the sensation of drowning without physically holding a person’s head under water. Water is poured over a cloth or rag covering the face and breathing passages of an immobilized captive. This is torture. The captive individual is questioned and interrogated in between the water being poured. Not only is this method tortuous‚ but it is also unethical.
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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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“Unethical Decisions Making is at the For-Front of Corporate Scandals” BUS600: Management Communication with Technology Tools” Sherrie Lewis Altrice Mitchell December 12‚ 2011 Ashford University Individuals make personal decisions about what they believe is right or wrong. These decisions are based on ethics. Ethics are a set of moral principles in values that govern behavior. Like individuals‚ businesses develop ethics to help them determine how to behave(Rue‚ Byers‚ 2007). Business
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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ARE ZOOS UNETHICAL TO ANIMALS? Name: Tutor: Course: Date: University: ARE ZOOS UNETHICAL TO ANIMALS? Introduction In recent times‚ argumentative debates have been witnessed over the moral predicament that zoos brings concerning animals’ rights‚ liberties and ordinary behavior. Most of the people take zoo as unethical and cruel whereas others have the opinion that they are moral due to the fact that they support in study‚ safeguard‚ and proper treatment of wildlife. This profound topic has caused
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Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
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Insurance sales is a very competitive industry. When it comes to marketing and squashing the competition‚ many companies turn to underhanded methods such as pointing out everything that the other companies do wrong. Aflac is different. Aflac is an ethical company who strives to care for its clients and employees. In fact‚ Aflac has been listed several times on the “100 Best Companies to Work for” and “Most Admired Companies” lists published by Forbes (Aflac‚ 2016). In addition‚ they have been listed
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applied globally‚ and in different perspectives as mirrors for analyzing potential knowledge and ethical decision making. Classical theories of ethics provide the basis for defending‚ systematizing and recommending ideas‚ concepts and notions of moral behavior. Classical ethics falls under the normative class of ethics. Ethics can be divided into Meta‚ applied or normative ethics. Normative ethics concerns the practical meaning and determination of moral courses of action. Normative ethics concerns the
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