Describe in your own words an incident where Citigroup faced an ethical situation
Not what you're looking for?
Can you help me with the following assignment?
Describe in your own words an incident where Citigroup faced an ethical situation. Describe the consequences of their actions.
Purchase this Solution
Solution Summary
You will find the answer to this puzzling question inside...
Solution Preview
Business ethics is the branch of ethics that examines ethical rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are engaged in commerce. In recent times, this word has been referred to as an oxymoron. Those who are interested in business ethics examine various kinds of business activities and ask, "Is the conduct ethically right or wrong?" The corporations apply business ethics by having good corporate governance.
Citigroup had struck secret deals with companies that said that the bank's stock research division would rate that company a "Buy" if it would do investment banking with that division.
This is an ethical situation where there is a tradeoff between the unbiased research and the business development. ...
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.