Topic of the chapter: Bribes and extortions of business Case: I am the U.S. manager of a subsidiary in a developing country. When you come back to the U.S. after home leave, the curb check-in attendent at LAX airport points out that the 4 boxes of documents and one suitcase you are asking him to check in exceed the two pieces
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Jack owns a small factory that produces buttons for garment industry. Jack wants to buy a new machine and has applied to a bank for financing. The loan officer has asked for operating statements for the past year. The company's net income has not been very good over the last year, and inventory has grown substantially. Jack is c
What are some of the variables considered by Business Ethics in coming up with its list of 100 Best Corporate Citizens?
Go to The Business Ethics Awards at www.business-ethics.com/100best.htm Read about the "100 Best Corporate Citizens" and "The Methodology" used to select the winners. Based on your reading answer the following questions: What are some of the variables considered by Business Ethics in coming up with its list of 100 Best Corpo
1.How might people from different parts of the world approach decision making? 2.How do you address ethics in your decision making? 3.When are group decisions better than individual decisions? When are they not better? 4.Speaking of differences based on where we come from or live: In the USA normal body temperature i
A company president asks the controller to recalculate the statement of cash flows to see if it is possible to meet the requirement for the board to declare a cash dividend. The Board requires that the annual operating cash flow (net cash provided by operating activities) exceed $ 1 million. The president tells the controller, "
I am looking for insight on the following hypothetical question. Beckham Sports' need to improve its cash flow may have lead to delaying payment to a small vendor, James, very dependent upon Beckham Sports. How does Beckham Sports balance the ethical issue of possibly putting James out of business with its need to improve its
Scenario: Congratulations! You have just been hired by Diversified Worldwide Industries (DWI), Inc., as the Vice President of Risk Management. DWI is headquartered in West Palm Beach, Florida, and has over 150 offices in 30 countries. DWI is incorporated in the State of Delaware; its ships are flagged by Liberia and the Baham
Go to The Business Ethics Awards at www.business-ethics.com/100best.htm and Read about the "100 Best Corporate Citizens" and "The Methodology" used to select the winners. Based on your reading answer the following questions: 1. What are some of the variables considered by Business Ethics in coming up with its list of 100 Be
I need help evaluating each of the following approaches that a business firm could use to gather information about competition. For each approach, I need to mark a feeling about its appropriateness using the following scale: 1. definitely not appropriate, 2. probably not appropriate, 3. undecided, 4. probably appropriate, a
Andre has asked you to evaluate his business, Andre's Hair Stylling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid $9.90 per hour and works a 40-hour week and a 50-week year, regardless of the number of haircuts. Rent and other fixed expenses are $1,750 per month. Assume that the only se
Firms that are partners in a strategic alliance may legitimately seek to gain knowledge from each other. At what point does it become unethical for an organization to gain additional and competitively relevant knowledge from its partner? Is this point different when an organization partners with a domestic firm as oppos
What are the most important differences between an "integrity organization" and a "compliance organization" in a firm's approach to organizational ethics?
7. Which of the following is not a valid reason for developing responsibility center information? a. Responsibility center information is useful in deciding how to allocate resources among segments of the business. b. Separately measuring the revenue and expenses of each responsibility center is a necessary step in developing
If you were working as a financial manager, then would you prefer to be a treasurer or a controller? Discuss the advantages and disadvantages of each job.
Evaluate each of the following approaches that a business firm could use to gather information about competition. For each approach, mark your feeling about its appropriateness using the following scale: 1. definitely not appropriate, 2. probably not appropriate, 3. undecided, 4. probably appropriate, and 5. definitely appro
Which of the following is NOT a measure that should be used as a guide for establishing a corporate ethics policy ________ an effective internal control system, an effective internal audit system, making reference checks before hiring new employees, or making sure violations penalized, while at the same time not subjectig the
You have been asked to speak about the topic of responsibility centers to a group of executives at a conference. For this speech you should select a company/business that you are familiar with and briefly describe it. Give three examples of responsibility centers in that business. Describe how these responsibility centers inter
Please discuss the following: What is the relationship between critical thinking and ethics? Please explain.
How do the ethical theories in regards to a person's own ethics and their critical thinking interact to impact their decisions and actions at work. Could you please provide two examples.
"Accounting firms should be liable to pay stockholders if they give a company a clean audit and it goes bankrupt within a year". Write a response disagreeing with the above statement
How would you respond to a corporate decision to which you are ethically opposed?
I understand the business world can be a ruthless and difficult environment. There are situations that occur, such as mergers or downsizing, that require a certain population of the workforce to be laid off. The ethical dilemma that arises is which workers to keep and which ones should be laid off or transferred. Certainly th
You have been asked to speak about the topic of responsibility centers to a group of executives at a conference. Give three examples of responsibility centers in the Hasbro Toy Company. Describe how these responsibility centers interact. Please list any references used.
What are some of the specific ethical issues facing accountants?
What is meant by the statement, "you can not teach ethics"?
I have a question. I am just looking for information to compare how we do things to how other companies do things. When you are the PM how does your company separate the actual sections of the project so that the US government or the customer can not claim that the company or PM is in collusion with the Subcontractor or vend
What responsibilities does a corporation have to its community, to its workforce, and to its investors? Does the corporate form of ownership encourage or discourage ethical behavior? Or neither? Explain your answer.
What is meant by the statement "you cannot teach ethics"?
Business Ethics:The Case of the Sole Remaining Supplier: State the moral issue(s)in this case. Is there conflict that could be damaging to people? What does it do to people as persons who have dignity, rights, and hopes for a better life together?
The Case of the Sole Remaining Supplier State the moral issue(s)in this case. Is there conflict that could be damaging to people? What does it do to people as persons who have dignity, rights, and hopes for a better life together? What are the facts in the case? What are the relevant facts of the case? What individuals and
1. What are the responsibilities of the board of directors to stakeholders other than shareholders? 2. What ethical issues surround executive compensation? How can we determine whether top executives are paid too much?