A data processing analyst for a research supplier finds that a preliminary computer run of survey results shows that consumers love a client's new product. The employee buys a large block of the client's stock. Discuss the ethical ramifications of this decision. Which research participant or participants will be harmed by this action?© BrainMass Inc. brainmass.com October 25, 2018, 7:08 am ad1c9bdddf
From an ethical standpoint, we'd be looking at the same ethical ramifications for federal law violations. The employee can't do this. It is a direct violation of securities laws and considered insider trading. Any time an individual, including an employee, makes investing decisions including the purchase or sale of stocks based on information that the individual has learned but that has not yet been released to the public, it is considered insider trading. The ethical ramifications include the same as for law ...
A data processing analyst for a research supplier finds that a preliminary computer run of survey results shows that consumers love a client's new product. The employee buys a large block of the client's stock. Discuss the ethical ramifications of this decision. Which research participant or participants will be harmed by this action?
Project Management: Ethics (Worldview)
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Review the Scenario and the following addenda items:
The Director of ONS (your boss) owns 2,000 shares of Worldview stock and is on the procurement selection committee for the project.
Ralph, a network engineer on your project team, has a spouse who is employed by one of the potential vendors for this project.
Another vendor in contention for this project has offered everyone on your team tickets to the hockey game this weekend in the company box with dinner included.
Yet another vendor in contention has sent a $25 sympathy bouquet of flowers to you on the recent demise of your great uncle.
Your stock broker is recommending the purchase of a technology mutual fund that contains stock belonging to several of the vendors in contention.
These five events contain possible ethics violations. For each one, determine if there is an ethics violation. Defend and explain your position and discuss alternatives that would avoid an ethics conflict. In your responses, consider and discuss the impact (and any legal ramifications) of your alternatives on the effectiveness of the project: will the alternatives adversely or positively affect the effort?View Full Posting Details