Introduction to Financial Services By Martin Chance U1065521 Deadline: 8/04/2011 Assignment: Banking: An Ethical Dilemma? Introduction In this report‚ I plan to discuss the question Banking: An Ethical Dilemma? Within this is I will discuss ethical dilemmas in association with banking. I will firstly start by giving definitions of what is meant by the terms: Banking‚ Ethics‚ and Dilemma. From here‚ I will go on to identify what banks are and what the roles and importance are for the economy.
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An Ethical Dilemma Starbucks‚ one of the most well-known coffee shops in the world has experienced dramatic growth since the first store opened in 1971. After rising to dominance in its market Starbucks currently operates in 61 different countries with just under 17‚000 stores worldwide. Recently the management team have been under severe scrutiny as the organisation has been accused of avoiding tax. An investigation conducted by Reuters discovered the company had paid only £8.6 million in corporation
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mother? Is it just to deny complete autonomy to the mother while simultaneously denying justice and autonomy to a potential life? From a virtue ethical prospective‚ the answers to the difficult questions and actions taken depend on the innate moral values of the individual. For example‚ a Christian would derive their moral values from the Bible which describes life as preconceived before physical birth; whereas‚ an atheist would be more likely to believe happiness for the greatest number is the ultimate
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Introduction – What is an ethical dilemma? Ethics is the term we give to our concern for good behavior. It is human nature to not only be concerned with our own personal well being‚ but also that of others and of human society as a whole. The difference between moral dilemmas and ethical ones‚ philosophers say‚ is that in moral issues the choice is between right and wrong. In ethical ones‚ the choice is between two rights. Everyday I’m faced with decisions of right and wrong‚ most of which
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Ethical dilemma is an issue involving moral principles with no right or wrong. There will always have debates on whether one matter is considered being right or to some people’s perspective‚ it might be wrong. Take for example in Singapore‚ many people will be against the idea of abortion as it is the same as murder. However‚ there are also some who are not against the idea. In fact‚ abortions were considered legal so long the pregnancy does not exceed 6 months. It actually depends on one’s conscience
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about some ethical dilemmas that face managers in today’s work place. Some of the topics I will be talking about today are whistle blowing‚ hiring employees‚ firing employees and at the office gossip. I hope that you may get some tips on how to handle these situations within your company. A dilemma we may face as managers is whether or not to blow the whistle on an individual within the organization‚ especially when it is someone in a higher position than you. This becomes an ethical dilemma since
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Ethical Dilemma Derrick SUNY Empire State College Patient confidentiality has become an integral aspect of healthcare ethical standards since the HIPPA law came into being. (Erikson 2005). According to the American Nurses Association (ANA) code of ethics “the nurse has a duty to maintain confidentiality of all patient information” (Nursingworld‚ 2005). When a patient’s confidentiality is violated‚ his/ her wellbeing is negatively impacted. Patient confidentiality encompasses
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Kim L Chau California Southern University MKT 86500 September 11‚ 2014 Dr. Hoon Essay I Issue: Confronting Ethical Dilemmas Review of Subject: Situation 1‚ Problem Statement per Assignment 2 Description Kay Smith is one of your top-performing subordinates. She has shared with you her desire to apply for promotion to a new position just announced in a different division of the company. This will be tough on you since recent budget cuts mean you will be unable to replace anyone who leaves
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• Ethical Dilemmas Patient 1: This patient is admitted to ER with Respiratory Failure and Septic Shock. The patient was transferred to LTAC for long term management of disease. Patient’s chart states that she has DNR/DNI order‚ but her son was disagreeing with that decision. One of the ethical principles that direct ethical decision making in health care is the autonomy-the ability of the individual to chose for him or herself. Patient 2: This patient was admitted with endocarditis and had a tracheostomy
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The ethical dilemma proposed in this case study involves a psychologist who purposefully miscodes a client’s clinical diagnosis while billing the insurance for services since half of the patient’s clinical diagnosis is often declined for payment by the insurance company. While the therapist was only trying to help the patient out by saving them money by getting the insurance company to pay for all the services provided‚ the psychologist was unethical in not disclosing all the appropriate information
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