Ivory Lenson The Legal and Ethical Environment of Business MGM365-0904B-07 Phase 3 Discussion Board 1 CTU Online Professor Darlene Pomponio December 26‚ 2009 A business has the responsibility of operating with the people in an ethical way or the way that they want to be treated. I think that the business world has the temptation to not treat others fair. The Federal Communications Commission (FCC) is an independent US government agency‚ directly responsible to Congress‚ and regulates interstate
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LEGAL AND ETHICAL ENVIRONMENT OF BUSINESS August 13th‚ 2012 LAW / ECONOMIC / ETHICAL WHERE THE LAW COMES FROM? • Maintain your property LAW • Rules related to the allocation of scarce resources WHAT DO WE WANT? • Earth at night • Predictability – Certainty – commerce loves certainty o Stable governments equal strong economy o Bank accounts‚ brokerage accounts‚ land titles o Property the governmentally supported right to exclude o Predictable sanctions for wrongful acts o Democracy
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Personal Responsibility: Defining One’s Worth Personal Responsibility: Defining One’s Worth “Personal responsibility is concerned with people taking individual accountability for their decisions and actions‚ together with the outcomes they create and their impacts on others”. (Malby‚ 2009). Self-responsibility is one of the first lessons we learn; this starts as an adolescent and continues until we take our last breath on this earth. Lessons learned from responsibility may be
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In tough times‚ most people are looking to cut costs any way they can. And in a home purchase‚ who wouldn’t want to save that extra 3 percent — an extra $3‚000 per $100‚000 of the sale price? That’s typically what buyer’s agents make on real estate transactions‚ and most experts think it’s money well spent. It’s true that anyone can shop for a house‚ and even get a peek inside‚ without formally signing on with a real estate agent. But unless you have time to make home shopping a part-time job‚ an
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Legal & Ethical Environment of Business DATE: 2/4/2013 Week 1 Assignment PART 1: Follow the link below‚ read the article and analyze the practice of “dumping” dangerous drugs overseas. Can an American company be penalized for marketing a product deemed unsafe by the U.S.‚ if it is not also banned by the foreign
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Ethical Decisions and Responsibility Richard DeSordi Law‚ Ethics And Corporate Governance Professor Everett L. Bensten‚ Esq. February 13‚ 2013 Ethical Decisions and Responsibility Running a large corporation or organization will always be challenging. Making sure it is being run ethically with profitability only enhances the challenge. To be effective‚ ethical and profitable Dr. DoRight will need to be able to uphold the “Hippocratic Oath” (Hippocratic Oath‚ 2013) and identify who he and
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legal responsibilities - Monsanto is subject to laws and regulations of the US and where they operate‚ the country that they are in. It is the responsibility of Monsanto to ensure that they abide by the law and act in accordance with it. This is highlighted Monsanto’s ’pledge’ (2015) as follows‚ "Integrity is the foundation for all that we do. Integrity includes honesty‚ decency‚ consistency‚ and courage...We will create clarity of direction‚ roles‚ and accountability; build strong relationships
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it imperative that its officers‚ directors and employees act at all times in an honest and ethical manner in connection with their service to that particular company. The principles of integrity and accountability are the cornerstone of that companies’ success. This code of business conduct and ethics sets basic principles to guide all employees‚ officers‚ and directors of that particular company. All of the personnel and directors of that business should conduct themselves accordingly to avoid
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Media and Its Ethical Responsibilities SOC120 Introduction to Ethics and Social Responsibility Charles Kaye March 19‚ 2012 Media and Its Ethical Responsibilities Mass media has become a major influence in our lives throughout the years. We live in a society that is dependent on information and communication. We rely on these daily for direction and help to accomplish basic activities such as work‚ education‚ traveling‚ etc…. Due to the advancement of technology‚ life has become much easier
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Jaime Nightingale Social and Ethical Responsibilities of Apple and Nike Corporate Responsibility Acts In the corporate world‚ companies must act responsibly in ways that go beyond the general goal of making money. Social and Ethical responsibility has grown from years before and has became a priority to growing companies in America. Meaning that the company must follow general rules such as consider broad impacts of their decisions and who they’re going to offend and that the corporation must
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