below it; this is not a requirement‚ just a suggestion. Otherwise‚ please follow the instructions/format suggestions in parenthesis after each question. This is intended to be an INDIVIDUAL exercise in knowledge and understanding of the law and business ethics‚ please do not discuss the exam with your classmates. You are permitted to use outside material‚ however‚ you can receive full credit by using only the material from the book and class. *If I give you a legal conclusion‚ do not debate it and create
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Legal organization of business A corporation is a business or organization formed by a group of people‚ who are known as shareholders‚ with the sole purpose of making profits. A corporation is its own legal entity‚ meaning that it has its own juridical personality. It has many of the some rights and obligations that and individual would have‚ such as the competency to buy and sell property; enter into leases and contracts; and can sue or be sued‚ essentially‚ it can be prosecuted and punished if
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2014 Subject: Different types of Business Organizations Four Different types of Business Organizations There are many advantages and disadvantages of Business Organizations. Here we will seek out the advantages and disadvantages of Sole Proprietorship’s‚ Partnerships‚ Corporations‚ and cooperative Business organizations. The information provided will also give you an insight on exactly what each Business Organization does and how it works and fits in Business structure. A lot of businesses
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possibly help me get a higher positioned job in the future. For myself‚ if I know telling Stewart is unethical and I still do it‚ I am going against my own moral values. By doing so‚ I am complying with Albert Carr’s way of thinking about business and personal ethics being separate. I would be complying with Carr’s thinking because I would be following Baconivic’s orders even though it goes against my own values. If I don’t listen to Baconivic‚ I could risk losing my job at the company. By doing so
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responsibility‚ all of which worked together to create a culture in which few persons took responsibility until it was too late.”1 The premise of Thornburgh’s statement is flawed because I believe WorldCom’s failure is a direct result of a culture created by a handful of top executives. Proper system of internal controls and corporate governance were never in place. “In addition to a culture of anything goes accounting‚ Ebbers was strongly against producing a corporate code of ethics. According to the
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February 19th 2014 BUS 440W Littman Corporate Actions And Business Ethics Roger And Me Assignment 1) “Is it right for General Motors to be closing their factory in the town of Flint Michigan? A town who’s residents rely on their jobs to support their families?” 2) After watching Michael Moore’s documentary‚ there is an abundance of information that suggests my ethical issue is valid. The town of Flint‚ Michigan relied on General Motors as the primary source of income for decades. Once
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Ethics: Its relation with Indian Scriptures and Business Sachin Kapoor1 Dr. Navkiranjit Kaur Dhaliwal2 Introduction “Business ethics‚” a subject that for years has been low profile in business publications and business school curriculum‚ has suddenly gained status. The word “ethics” was once considered irrelevant by corporate loyalists‚ but now discussion of it is increasingly seen as not only important but also as critical to a company’s success. Till
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moral arguments and moral claims invoked in business discussions. employees argue that they have a right to equal pay for equal work; managers assert that unions violate their right to manage; nvestors complain that taxation violates their property rights; consumers claim that they have a right to know. In 1948‚ the United Nations adopted a „Universal Declaration of Human Rights”‚ which claimed that „all human beings” are entitled‚ among other things‚ to: the right to own property
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Business morals (otherwise called corporate morals) is a type of connected morals or expert morals that looks at moral standards and moral or moral issues that emerge in a business domain. It applies to all parts of business lead and is important to the direct of people and whole associations. A key segment to work environment morals and conduct is trustworthiness‚ or being straightforward and making the best decision at all circumstances. For instance‚ human services representatives who work with
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smoldering fires the detector will delay the alarm too long or fail to detect the fire at all‚ sometimes resulting in the loss of life. Most companies still manufacture type A because it is cheap to build and generally performs well. Type a sells for $6 to $15. Type B detectors combine Type A fire detecting abilities with a device for detecting smoldering fires‚ which constitute about 5 percent of all fires. Type B detectors sell for $15-30‚ but they could be sold for almost the price of type A detectors
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