What does it mean to say that managers should maximize shareholder wealth subject to ethical constraints? What ethical considerations might enter into a decision that decreases cash flow or stock price? Contrast the effort of building a car and building a residential unit. Which one requires more initial capital? What kinds o
An HR manager is hiring two employees. The top two candidates, one male and one female, are equally qualified and you wish to hire both. You will be evaluated in part by how well you control compensation expenses. As a result, you have both a professional and personal responsibility to pay the lowest salary that is necessary to
Business Ethics Loren Vranich, a doctor practicing under the corporate name Family Health Care, P.C., entered into a written employment contract to hire Dennis Winkel. The contract provided for an annual salary, insurance benefits, and other employment benefits. Another doctor, Dr. Quan, also practiced with Dr. Vranich. About ni
The authorization of production occurs in the production planning and control department based on orders received from customers or analysis of sales forecasts and inventory requirements. Production planning and control is also responsible for monitoring materials and labor usage, and tracking the progress on production orders u
American Capitalism: Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes the workforce? What is an ethically justifiable way to determine the pay of a CEO of a large corporation? How do you expla
Some companies have been known to extensively interview managers with key competitors for executive positions that do not exist. How is this practice a violation of the Judeo-Christian religious view of ethics?
You are a high level manager for a corporation that has recently expanded into the global market. You have been asked to manage an interdepartmental team that will help you create a global ethics training program. Imagine that your team has very little, if any, experience with ethics training or international management. Create
What is whistle blowing, and why is it important to the study of business ethics? Provide details. Discuss the reasons why an employee would refrain from reporting potentially unethical behavior within his/her organization? Should a corporation establish an ethics hotline? Discuss the advantages and disadvantages of having one.
You have been asked by your CEO to recruit for a new position: corporate ethics officer. Prepare a job description for this new position. In the job description, make sure to discuss the role the ethics officer will play in the company as well as the qualifications this individual must hold.
There are numerous examples of ethical dilemmas dealing with the privacy of customers. As the textbook states, using cookies is a common way of monitoring preferences of customers and potential customers. Companies' websites gather and store information about its customers through cookies. Do you agree with this business practic
The Scenario: In performing an audit at a local Trauma I hospital. I was asked to wait for the Chief Nursing Officer in a patient waiting room that was filthy with unwrapped, uneaten food, paper on the floor and a set of patient discharge instructions that included protected health information (PHI). Numerous staff personnel w
I need help in researching a code of ethics on websites for professional organizations from non-related nursing fields such as engineering, law enforcement, education or journalism. I need help in comparing the chosen ethical code to the American Nurses Association (ANA) Code of Ethics located at: http://www.nursingworld.org/Ma
Find an article that discusses unethical business research conduct that has resulted in individuals or a firm being convicted, or at least tried for, this conduct. Some examples include the following: - Asking inappropriate questions - Skewing research results - Failing to maintain participants' confidential information
While codes of ethics may provide guidelines for employees, including accountants, these guidelines may not offer the methods to follow for moral reasoning when confronted with ethical issues when performing accounting duties. Alternative models to assist accountants have evolved to assist them in making morally sound judgments.
Many bioethical choices that leaders must make require a combination of intuition and objective, critical thinking. If a leader needs to make a decision that does not have a legal basis, what criteria can be used to feel confident that the decision is appropriate?
How do ethics and social responsibility influence human behavior in organizations?
One of your friends uses the terms ethics and morality interchangeably. You do not think this is correct. How would you explain the difference between ethics and morality? Provide an example of morality and one of ethics in your explanation. What are examples of virtues, values, and moral concepts? How do each of these relat
Identify and discuss the importance of ethics in the workplace. What do you think the business world would be like without them? Why?
1) Explain the differences between authority, responsibility, and accountability as they apply to OSH program management. 2) Manuele recounts two serious incidents where inadequate management leadership and employee participation were major causes
PROBLEM 2-14 Cost Classification [L02, L03, L06, LOS] Wollogong Group Ltd. of New South Wales, Australia, acquired its factory building about 10 years ago. For several years, the company has rented out a small annex attached to the rear of the building. The company has received a rental income of $30,000 per year on this spac
To what extent was Mattel responsible for issues related to its production of toys in China? How could Mattel have avoided these issues?
Dr. DoRight has recently been hired as the President of the "Universal Human Care Hospital", where he oversees all departments with over 5,000 employees and over 20,000 patients at the medical facility. He has been provided with a broad set of duties and oversight of numerous departments, including business development, customer
Duska and Duska in "Ethics in Auditing:The Auditing Function" defend the rather demanding position that, based upon Kant's universalizability principle, auditors must avoid even the perception of conflict of interest. Begin by providing the best possible explanation/defense of their arguments leading to their conclusion. Next ex
Discuss your point of view on affirmative action and whether or not you think it's fair or that it creates further discrimination?
Ashton Martin (Amy Martinez) is a student who plans to attend approximately four professional events a year at her college. Each event necessitates a financial outlay of $100 to $200 for a new suit and accessories. After incurring a major hit to her savings for the first event, Ashton developed a different approach. She buys the
1. Do you believe ethics gets in the way of corporate profitability? Why or why not? Support your answer with appropriate examples. 2. Provide your arguments for or against each of the following ethical issues. Remember to provide appropriate examples and other material to support your arguments. Is it ethical for tobacc
See the attachment. Please study the example attached in which Mil-Tech Manufacturing Company is facing a bottleneck in its production line in painting process. Questions (Please answer in detail in complete sentences and in paragraph form): 1. What would you recommend to Mr. Camillo Garcia, the Mil-Tech's safety and hea
Describe a time when a business decision was made and it was not a favorable outcome. Discuss one of the stumbling blocks and what you have done differently having insight on this dilemma.
When measuring moral dilemmas, Kohlberg suggests the use of hypothetical dilemmas & Straughan disagrees stating hypothetical dilemmas do not evoke the same reactions. Which is more useful in measuring managers moral reasoning and why?
Why do states and the federal government exercise oversight responsibility over not-for-profit, tax-exempt corporations? How do states and the federal government differ in the way they exercise this responsibility?