ETHICS CASE Dilemma of an Accountant In 1976 Senator Lee Metcalf (D-Mont.) released a report on the public accounting industry which rocked the profession. Despite a decade of revisions in rules and regulations (variously established by the Securities and Exchange Commission‚ Accounting Principles Board‚ and Financial Accounting Standards Board)‚ public accounting firms were still perceived by many on Capitol Hill as biased in favor of their clients‚ incapable of or unwilling to police
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BUSINESS ETHICS CASE STUDY 1) What are Joseph’s ethical problems? Joseph is faced with some ethical problems such as honesty‚ conflicts of interest‚ fairness and bribes. He found out that Carl and other employees were using (kickback) with their customers. Even if the Alcon’s hand book didn’t say anything about the kickback‚ but it include this statement" our company stands for the right thing at all time and giving our customers the best products for the best price" so Joseph and the employees
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workload (over work method‚ work pace‚ working hours and the work environment) 5) Organizational culture and functions Low level of support for problem solving and personal development Lack of definition of‚ or agreement on‚ organization’s objectives. 6) Interpersonal relationship at work Social or physical isolation‚ solitary work Poor relationship with co-workers and Interpersonal conflicts Bullying‚ harassment and violence No agreed procedures for dealing with complaints and problems 7) Role in
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reporting and internal governance standard of public companies. Ethics Issues The first issue is the lack of independence of the board of directors and their breach of fiduciary duty. The Board of Directors has the legal and ethical duty of monitoring the company’s management on behalf of the shareholders. The members should remain independent and should always examine the company’s operations with great care. In Enron’s case‚ the Board of Directors was comprised of members who were too close
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Little Enough or Too Much 1.) Describe the factual situation Bryan‚ a new employee of the X Chemical company has been placed in charge to oversee the production and construction of their newly released product‚ industrial lubricant. The X Chemical company was built nearby a river and asked permission from the government agencies to release their excess waste into the river. Other companies also reside along the river and are dumping their excess waste into it as well. This strikes as a concern
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Ethics Case Study Merck & Company invested millions of dollars to develop a treatment for river blindness‚ a disease of the developing world that has infected 18 million people and poses a risk for 127 million people. River blindness is caused by the bite of black flies that deposit larvae of a parasite under the skin of their victims. When the larvae mature into adult worms‚ the adults reproduce millions of the immature forms of the parasites that migrate throughout the tissues of the body causing
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INDIVIDUAL WORK WEEK TWO-CASE STUDY BY SHELLY DAVIS Identify what you consider to be potentially unethical. Why do you think it is not ethical? I believe Daryl’s decision to have the secretary and the market research interns to work on his book are unethical. The book that Daryl is supposed to be writing for one isn’t from his own words or his own research. He’s using the interns to look up information‚ having them use the company’s time and money to do research on a book that is basically
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Case Study 6-A Summary: The economy is down due to recession and a Florida hotel resort is trying to change their cleanliness policy to bring customers back. To do this‚ the hotel managers propose the “$10 dollar test”. The cleaning staff clean rooms based off of an instructional video. The manager observes them and then picks one random room to inspect. If the room is clean to the manager’s expectations‚ he or she will leave ten dollars. However‚ the manager will subtract a dollar for every mistake
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22) Why did the Jena 6 draw such attention? Why does Alexander think civil rights organizations have not devoted enough attention or resources to resisting mass incarceration and the drug war? The Jena 6 case follows the history of six black kids that beat a white classmate‚ they were charged with attempted murder. Nevertheless‚ people stood up for them‚ according to Alexander people only did this because the topic around their sentencing was controversial due to the practice of hanging nooses from
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Chapter 6- Case study- Big Data‚ Big Rewards 1. Describe the kinds of big data collected by the organizations described in this case. The organizations described in this case are The British Library‚ NYPD‚ Vestas and Hertz. Each of these organizations collects different kinds of data. The British Library has to accommodate about 6 billion searches annually and collects and preserves all websites that are of any historical significance. This also includes websites of past politicians. NYPD collects
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