A major ethical issue in international business is how products sold in other countries are priced. Describe price discrimination and give three examples of when price discrimination may become an ethical or even a legal issue. This question is from the text: Ferrell, O.C., Fraedrich, J., & Ferrell, L. (2009). Business Ethic
1. Explain what you take to be the strongest argument in defense of an employee's right to participate in managerial decision making. Explain what you take to be the strongest argument against such a right. Which argument do you find more persuasive? 2. It is often said that business can be like a poker game. In what ways
Cost accounting tests for $ 250 each and 15,200 lead tests for $ 200 each. Because newer homes are being built with lead- free pipes, lead- testing volume is expected to decrease by 10% next year. However, awareness of radon- related health hazards is expected to result in a 5% increase in radon- test volume each year in the near future. Jim McGrath feels that if he lowers his price for lead testing to $ 190 per test, he will have to face only a 5% decline in lead- test sales in 2010. Required 1. Prepare a 2010 sales budget for McGrath & Sons assuming that McGrath holds prices at 2009 levels. 2. Prepare a 2010 sales budget for McGrath & Sons assuming that McGrath lowers the price of a lead test to $ 190. Should McGrath lower the price of a lead test in 2010 if its goal is to maximize sales revenue?
6-16 Sales budget, service setting. In 2009, McGrath & Sons, a small environmental- testing firm, per-formed 11,000 radon tests for $ 250 each and 15,200 lead tests for $ 200 each. Because newer homes are being built with lead- free pipes, lead- testing volume is expected to decrease by 10% next year. However, awareness of radon
Business Ethicsmoral responsibility, citizen, minimum wage level, employer, employee, loyal requirement, ethics, business ethics
Does a government have a moral responsibility to provide each citizen with a job? If not, why not? If so, why and is providing such a job at a minimum wage level sufficient to meet your standard? Do all employees have a requirement to be loyal to their employer? Under what conditions would you consider loyalty necessary from
Please see below the article on the breast implant scandal with Dow Corning. Describe their findings. In Breast Implants Scandal, Where was Dow Corning's Concern for Women? In the annals of business ethics, the fall from grace of Dow Corning Corporation was particularly precipitous. Here was one of America's 100 most profit
If you were working for a Company that had multiple locations - in California, Nevada, Texas, Georgia and South Carolina), what would some of the considerations be when developing the chart of accounts, and why? Who should be responsible for monitoring and maintaining the chart of accounts and why? What can happen if someone was
Please find attached the exercises. Respond to the following questions in your own words. Your responses should include specific examples. 1. What are the elements that define corporate culture? Research a business or organization and create a cultural profile of that company based on information you can find from the comp
Discussion Topic: Finance Congratulations! You are about to graduate with your bachelor's degree. While you are mixing and mingling with the guests at your graduation party, your second cousin, twice removed, on your mother's side, who received his MBA three years ago, asks you to tell him about some of the courses that you
Case Questions 1. How important is the dessert wine segment to the industry? to E. & J. Gallo Winery? How do these products fit with Gallo's stated position on the quality of its products? Do brands like Thunderbird and Night Train have any redeeming features as a product, even if they are in demand by a segment of the popula
1. Is the goal of a business simply to maximize profits for its owners? Why or why not? 2. Do some independent research. Find an article or editorial which identifies the stakeholder model and advances its thesis. Do you think the author makes a compelling case for this model? 3. In a local or national newspaper, fi
Explain how corporate culture influences the ethical behavior of an organization. Why is it difficult to change the corporate culture? What are possible methods used to change the culture?
1. What are the primary objectives of accounting? 2. What is the basic terminology of the accounting process or financial reporting? 3. How does accounting affect your personal life emphasizing professional ethics? 4. How does technology play a role in small business accounting? Wikipedia or any other open source web
Locate an article that presents an example of a governmental entity that has not responsibly administered their funds. Prepare a 1,050 to 1,750 word paper that summarizes your findings and includes recommendations for improvement of the governmental entity. Describe the importance of responsible public stewardship. Forma
Explain the responsibility of the corporation as a moral agent. Give examples of how a corporation can be considered a societal moral agent.
What usefulness does ethics training have on workers ethical behavior? What should be included in an ethics training program? Please be specific.
Questions and answers about the following topics: portfolio management system, project management, WBS, Responsibility Matrix, project network, project costs, project cost-duration graph.
Q 1: What is a project portfolio management system? Describe the considerations for designing such a system. Q 2: Discuss the importance to fully integrate the WBS with the organization. In your estimation, what could happen if this integration does not take place? Q 3: Under what conditions would you consider using a responsi
Do you agree or disagree with the statement: "Acting ethically is a liberating and empowering experience." Why? Is it possible to live a fulfilled life without acting ethically? Why or why not?
PROBLEM 7-1. Decision Making and Ethics Joan Paxton, VP of marketing for Supertone Recording Equipment, has developed a marketing plan for presentation to the company's president. The plan calls for television ads, something the company has never used. As part of her presentation, she will indicate the impact of the TV ads
Read a research report or case study on a current business issue. Topics may include the impact of the housing industry, business ethics, leadership, or your own interest. Carry out a content analysis on this report to determine its major priority and message. In your response, explain how you determined the priority and
Negotiation Ethics 1) Is misrepresentation in negotiations "O.K."? as long as there is not an overt lie? Why? 2) Would you feel that you had been cheated if the other side didn't tell you? Or, would you kick yourself for not asking the question or knowing? 3) If you were going to reveal information, why would you reveal it? To be ethical? To avoid fraud?
1) Is misrepresentation in negotiations "O.K." as long as there is not an overt lie? Why? 2) Would you feel that you had been cheated if the other side didn't tell you? Or, would you kick yourself for not asking the question or knowing? 3) If you were going to reveal information, why would you reveal it? To be ethical? To
Leadership is a skill that is practiced and learned throughout the course of one's professional and personal life. It is the fundamental asset that incorporates innovative concepts within an organization's overall business structure, and facilitates the ethic behind teamwork within the realm of acceptable organizational behavior. Leadership is identified by his/her ability to adjust to a changing environment, assess the current process, recommend new processes and procedures, develop a strategic action plan, execute, deliver, and measure the outcome. A leader is a multifaceted director of an organization that possesses one or all of the following styles and/or characteristics of leadership such as: Transformational, Transactional, Charismatic, and Contingency. According to James M. Kousez and Barry Z. Posner (2003), the criteria of leadership are to set up a standard that is an exceptional business model for subordinates to follow. Kousez and Posner identified five fundamental facets of exemplary leadership such as; ? Model the Way-In addition to being a leader that adapts to a changing environment, a leader must be the type of leader that leads by example to display to subordinates what is acceptable; to show subordinates how to exceed corporate expectations within the internal and external environments, and facilitate adequate organizational behavior. For instance, if a team leader desires to have a fully functioning team that is able to operate in various organizational tasks, than a team leader must demonstrate his/her ability to function properly in a multitude of different job functions in order for the team members to work towards adding value to the organization.
Leadership is a skill that is practiced and learned throughout the course of one's professional and personal life. It is the fundamental asset that incorporates innovative concepts within an organization's overall business structure, and facilitates the ethic behind teamwork within the realm of acceptable organizational behavio
General Electric Capital, a division of General Electric, uses long-term debt extensively. In early 2002, GE Capital issued $11 billion in long-term debt to investors, then within days filed legal documents to prepare for another $50 billion long-term debt issue. As a result of the $50 billion filing, the price of the initial $1
Business Ethics: The National Enquirer, Inc., is a Florida corporation with its principal place of business in Florida. It publishes the National Enquirer, a national weekly newspaper with a total circulation of more than 5 million copies. About 600,000 copies, almost twice the level in the next highest state, are sold in Califo
Citigroup's performance as of today. What is Citigroup's major ethical problem that has faced or currently facing? What kinds of ethical programs are already in place to insure Citigroup is in ethical compliance?
Most of you are aware of the phenomenon of motorists who intentionally break traffic laws on Texas highways. Take the infraction of speeding as an example. Referring to the 5 neutralization techniques presented in Ch. 17 of your reader, express 4 of them by hypothetical responses from speeders. For example, you could write the f
Describe why it is important that business people study business ethics? What are possible benefits to companies, individuals, society, and the world of business? Please explain. The response addresses the queries posted in 498 words with references.
What are the areas of responsibility under the IT function that should be segmented in large companies?
A Case of Freedom of Speech As E-Kin grew, CFO Trump could not effectively manage all of the financial and accounting needs of the organization. The company decided to create a Controller position to oversee internal accounting, financial reporting, and tax administration. Beth Bleedingheart was hired to fill the position.
1) ABC Inc. has the following information available for one of its divisions: Average operating assets $5,000,000 Return on investment (ROI) 40% Sales $8,000,000 If ABC requires a minimum return on its investments of 25%, what is their residual income? A)$1,950,000 B)$4,500,000 C)$6,750,000 D)
The formulation and use of project planning documents, including the project charter, work breakdown structure, and linear responsibility matrix, can have long lasting implications through the life of a project. And yet, many projects are run without these project planning documents. Discuss the drawbacks of implementing a pro