Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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person’s behavior (Hughes‚ Ginnette‚ & Curphy‚ 2002‚ p. 168). Exhibiting leadership traits is strongly correlated with people’s desire to follow the leader. Exhibiting these traits will inspire confidence in one’s leadership. Personality traits are useful for explaining why people act fairly consistently in different situations. Knowing differences in personality traits can help predict more accurately how people will tend to act in different situations. Behavior: Leadership behaviors are a function
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2.2.1 Impact on Stakeholders This kind of unethical way of branding to rip off the best sellers‚ employees will be directly affected in terms of creativity and the job performance. It is because Tesco branding could lead to all the employees to be less creativity towards their products and eventually lowered down the job performance badly (Gong‚ Huang & Farh‚ 2009). All the products they produced is almost similar to those bestselling brands‚ they just refer and create a similar one and label
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Leader Rewards and Punishment Behavior Brandon G. Jennings MGMT 331 D001 April 12‚ 2014 Understanding leader reward and punishment behavior is something that needs to be understood at both the leader and follower levels. Leaders need to understand the significant impact that punishments and rewards given can have on an organization and its followers. The three most interesting aspects of chapter 7 involving punishment and reward behaviors were contingent‚ ineffective
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Throughout our nation’s history‚ we have taken part in many unethical means of gaining information or knowledge. Some of the more famous cases include‚ The Milgram Obedience and Authority experiment‚ The Stanford Prison experiment‚ and of course the Abu Ghraib scandal involving our own U.S. soldiers. While two of these instances were not intended to cause physical harm‚ they were all branded unethical due to the extent of not only the physical abuses that took place‚ but the painful psychological
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business ethics in the workplace. I have carefully analysed the range of moral issues and values that arose in the various business contexts. However‚ the three videos are used in my assignment were: - 1) MR ETHICAL VS MR UNETHICAL 2) Business Ethics: Resolving an Unethical Situation 3) BUSINESS ETHICS Note: - All the above mentioned topics are all you tube videos which I carefully studied‚ evaluated and gave my own perception of what I felt like was the most ethical and most moral thing to
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Abortion “Ethical or Unethical” In my paper I will argue on why I feel that abortions are unethical and why they should not be allowed. As you are reading this paper I really hope that I don’t start to contradict myself. Let me begin by saying there are several different reasons why abortions should be prohibited. The first reason why I feel that abortions should be prohibited is because of religious laws. The bible says that “thou shall not kill”. By aborting babies we are disobeying god and
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UNETHICAL ISSUES STIRRED UP BY ALCOHOL COMPANIES The most severe and significant unethical act by Carlsberg is its marketing strategy. Over here‚ we will analyse and interpret a string of unethical marketing activities by Carlsberg. By definition‚ alcohol advertising is one-sided and presents alcohol consumption as a safe and problem-free practice‚ de-emphasizing the potential health risks and negative consequences. • Targeting the young drinkers In 2006‚ Carlsberg spent about US$2
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Using animals as an alternative to human testing has been a highly controversial topic over the past few decades. With harsh conditions and unethical treatments‚ the understanding of animal testing is very important. From over-the-counter medications to experiments on cures of chronic illnesses‚ animals were used in one way or another. Unfortunately‚ not all experiments given to animals involved a tasty snack or a simple treat. Many experiments involved several incidents of agony and pain without
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The Lowest Price is Unethical The worldwide corporation name‚ Wal-Mart‚ is best known for its endless selection of products for sale and their everyday lowest prices in town. Unfortunately these attractive characteristics arise from the act of breaking 18th century philosopher’s ethical theories. Wal-Mart is guilty of using their employees and suppliers as a mere means to an ends for the highest corporate profits possible each quarter. Their practices alienate their employees from their work efforts
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