IInd Year Individual Assignment Submitted by – KIM Question (A): Describe an ethical failure by an organisation on an important business decision and its adverse downstream consequences. ETHICAL FAILURE BY SAMSUNG Samsung Electronic one of the largest multi-billion dollar corporations in the world recently found itself on the wrong side of ethical behaviour. In 2010 Samsung Electronic exceeded the $150bn mark in the annual sales for the first time in its history. This makes it one
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Unethical Behavior Article Analysis ACC/291 Unethical behavior can occur in any profession and cause damage to many people. Unethical practices and behavior in the accounting world can be very serious and cause a lot of problems for a lot of people. There are many types of things that are done in the workplace that would be considered unethical behavior. This would be things such as: reported false hours of work‚ using work equipment for personal use‚ taking things from work to your home‚
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3. Difference between Unethical and Unlawful Behaviour in the Business Context By definition‚ ethics refers to “a set of principles of right conduct.” It is also defined as “the rules or standards governing the conduct of a person or the members of a profession‚” (www.thefreedictionary.com) and in business may be considered the standards governing the conduct of people in the business environment. Business ethics is the behavior that a business adheres to in its daily dealings with the world.
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TECHNICAL NOTES Unethical Practices in Nigerian Engineering Industries: Complications for Project Management O. E. Alutu1 and M. L. Udhawuve2 Abstract: The purpose of the paper is to establish the unethical practices in engineering industries and identify the various factors that could encourage unethical practices in the nation’s life with a view to highlighting the findings for corruption-free management of projects. A sample of 226 was randomly selected for the study from a population of 12
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(1) What is the goal of the firm? What are some of the problems involved in the use of profit maximization as the goal of the firm? How does the goal of maximization of shareholder wealth deal with those problems? Maximizing shareholder wealth just means modifying the goal of profit maximization to address the complexities of the operating environment. Shareholder wealth maximization is the best choice for the main goal of a business because the effects of all financial decisions are included
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Brittany Sawyer January 21‚ 2012 BUS_240_N Case 13 pg. 431 1. Based on the history of the company‚ why did BP get involved in so much questionable conduct? I think that their main problem when starting the business was money‚ money‚ and money. I’m sure that all they really cared about was making a lot of money; by having “money on the brain” they probably didn’t care about everything else. When they started having problems‚ like the explosion that killed 15 people‚ they didn’t realize
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The Universal/Cultural Bound Ethics and Moral conduct that may affect an international marketing effort. Submitted to: Prof. Dr. Md. Nur-Un-Nabi. Business Administration discipline‚ Khulna University. Submitted by: S.M. Hasanur Rahman EMBA: 110306 1.) Introduction: By ethics we mean the moral standard that defines what is right and what is wrong. The moral question of what is right and what is wroing poses many dilemmas for domestic marketers. The problem becomes more crucial in
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Individual research paper: Each student will prepare a research paper based on an aspect of their group case. This could include research into the company‚ the industry‚ the macro-environmental issues facing the company or industry‚ etc. The case report should be typed in Times New Roman‚ 12pt font with 1-inch margins. The paper should not exceed 10 pages double spaced (this does not include the cover page‚ table of contents‚ executive summary‚ appendices‚ or bibliography). A shorter paper
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Legal Studies | Outline some of the power police have to conduct an investigation. How does the current system balance the need for justice with the rights of citizens? The law defines what a crime is and whether a particular act constitutes an offence. The responsibility for enforcing criminal laws and ensuring they are adhered to lies with the police. The police are a part of an executive arm of government and so are separate from the legislature who makes the laws and the courts that make
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babies. This is unethical because it killed many women and harmed their unborn babies. It was kind of like an abortion but not taking the baby out and not numbing you. He later perfected the experiment and then tried it on Caucasian women with anesthesia. This is not an experiment that can be repeated now because that is human cruelty. It took slaves because back then they were not considered people and it was ok. It is not fair that people had to go through these procedures with this “doctor”
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