exist. And they wanted to ensure that their stockholders received their dividends‚ to keep their interest in the company. 2. Was there anything unethical about the president’s actions? Was there anything unethical about the controller’s actions? Explain. The president had seen the problem and addressed it. But the controller’s decision was unethical‚ because he took a bank loan out to put their company over the $1 million mark. If he had explained to the president‚ what he had done‚ the president
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WHATS IN A MEDICINE Chemical Storylines WM1- development of modern ideas about medicine The active ingredient of medicine is drugs Medicine prevents bodily harm and intends to cure an illness Effectiveness of a drug measured by trial and error WM2/WM3– Medicines from nature Medicines from willow bark – willow bark contain an active ingredient know as salicylic acid which used to make aspirin (pain reliever) Identifying salicylic acid Three chemical tests which are used to predict the
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HKUST MBA Microeconomics Case 1: Medicines Company Case Question 1. For drug administrators‚ their incentive for using the drug is that the drug’s got to make economic sense. Data showed that for more than 4‚300 patients‚ Angiomax was a more superior alternative to Heparin. Also shown in tables b and c that it effectively reduced the incidences of death by 30% ‚ heart attack by 26%‚ need for a repeat angioplasty by 14% and major bleeding by 65% (sum of weighted average between high risk and
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physician-centered‚ group-practiced health maintenance organization. Liberty was one of the first organizations to embrace “evidence-based” medicine‚ whereby an effort was made to identify best practices and develop standardized protocols for applying them‚ limiting the need for unnecessary tests and procedures. Liberty also invested in education and information about “home treatment” to aid minor illnesses and injuries to begin treatment without the need of a physician. However‚ although Liberty had
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or blatantly disregarded. Ethics is a strong code of morality‚ which for an occupation such as banking‚ plays an important role in the well being of individuals‚ businesses‚ national and international economies. Unethical conduct manifests itself in various ways‚ including insider abuse‚ fraudulent dealings; irregularity/inaccuracy in rendition of reports‚ these are problems bordering on business ethics as evident in the Nigerian banking crisis. A multiple regression analysis was used and from the
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Effect of Unethical Behavior Article Analysis ACC291 Effect of Unethical Behavior Article Analysis Ethics has long been a word that has several different meanings to different people. With most it means what “should” be done in various situations. It does not necessarily mean that it is illegal not to do what it considered ethical. Throughout history people have tried to justify the things they have done to make it seem as they had the best interest of those around them at heart. Unethical behavior
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Rationalizing Unethical Behavior N. Strawbridge PHL/323 November 4‚ 2014 P. Reynolds Introduction Classical economic philosophies suggest that man is egotistical and focused on satisfying his own needs. When people encounter difficult ethical challenges they often solicit the question‚ "What should I do?" It is naïve to assume that everyone retains a strong moral compass and does the ’right thing ’ even in small situations. Pinching a little piece of the pie‚ bending a rule once in a while‚ occasionally
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Identify situations that might lead to unethical practices and behavior in accounting. The unethical practices and behavior in accounting would be misleading financial analysis for personal gain‚ misuse of funds‚ overstating revenue‚ and understating expenses‚ overstating the value of corporate assets or underreporting the existence of liabilities‚ sometimes with the cooperation of officials in other corporations or affiliates. Other unethical practices would be insider trading‚ securities
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Q1. Read the article by Jennifer Moore “ What is Really Unethical About Insider Trading?” Do you think insider trading should be legalised? If so‚ why? Q2. ‘A highly developed and efficient financial system is essential to ongoing economic growth and prosperity.’ Discuss. A financial system may be regarded as comprising three principle parts; financial institutions‚ markets‚ and financial assets. Financial institutions may perform the role of intermediary (e.g. banks)‚ broker (e.g
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KFC for Kentucky Fried Chicken is a fast food restaurant chain that specializes in fried chicken and is headquartered in Louisville‚ Kentucky‚ United States (US). It is the world’s second largest restaurant chain overall (as measured by sales) after McDonald’s‚ with over 18‚000 outlets in 120 countries and territories as of December 2012. The company is a subsidiary of Yum! Brands‚ a restaurant company that also owns the Pizza Hut and Taco Bell restaurant chains. KFC was founded by Harland Sanders
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