The importance of ethical decision making Ethical decision making involves acting in a morally correct and socially responsible way. The law is based on ethical principles. However‚ the law is only ethically relevant to the period in time which it was made. This means that the law will never be able to account for every course of action and that the responsibility lies with the decision makers to ensure they act in an ethical manner. White collar crime in Australia has resulted in the collapse
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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a. warlords that control Japanese wealth b. local governmental entities Selected: c. corporate conglomeratesThis answer is correct. d. joint ventures with foreign investors "keiretsu" are corporate conglomerates. /1 1/1 Question 3 In Germany‚ prudence is an accounting principle established in commercial law. What does "prudence" mean in an accounting context? a. Reliability b. Comparability Selected: c. ConservatismThis answer is correct. d. Relevance In context of accounting "prudence" means Conservatism
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distributor is beneficial for the company depends on the situation and what the Raynonplus has in its vision. Here in the given case study‚ it shows that Gerald considers the success more than a trend and wants that he wants concentrates more on preserving the business as a family business‚ showing the reculantance towards not introducing any new in the family business. In case of adopting the agents‚ we need to step up same existing operational functionalities‚ which is in Ottawa‚ in France‚ which was
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Agro-Chem‚ Inc Leasing – Case 49 Problem Statement: Agro-Chem‚ Inc. is a regional producer of agricultural chemicals based in Houston Texas that needs help making a lease versus purchase decision. By understanding the material presented‚ we will be able to come to a decision. However‚ after reviewing the information presented‚ there are a few problems that need to be investigated before finalizing our recommendation. Agro-Chem‚ Inc. chose to go with the financial manager’s idea of using a discount
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CASE 33 Marketing to the Bottom of the Pyramid Professor C. K. Prahalad’s seminal publication‚ The Fortune at the Bottom of the Pyramid‚ suggests an enormous market at the “bottom of the pyramid” (BOP)—a group of some 4 billion people who subsist on less than $2 a day. By some estimates‚ these “aspirational poor‚” who make up three-fourths of the world’s population‚ represent $14 trillion in purchasing power‚ more than Germany‚ the United Kingdom‚ Italy‚ France‚ and Japan put together. Demographically
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Assuming as a manager of a large Australian clothing retailer with a manufacture mainly based in Bangladesh‚ the manager would have to be involved in various types of decision making processes for the well-being of its organization. For instance due to the Rana-Plaza incident‚ a safety accord has been generated which is an understanding of an organization towards its employees to upgrade factories conditions with basic standards such as fire escapes and many more √ ("Kmart‚ Target Sign Up to Safety
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Unit 3 1.1 Policies‚ procedures and legislation in force within the UK to protect children and young people include: - The Child Act 1989 - Every Child Matters (ECM) England - Safeguarding children and Safer Recruitment in Education 2007 - E-Safety - Bullying and Cyber Bullying - Safeguarding Disabled Children 2009 1.2 Child protection is action taken to protect a child or young person at risk or suffering from harm. Safeguarding in the wider context is preventing risks of harm to a child
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The Principles Establish high-level corporate leadership for gender equality Treat all women and men fairly at work - respect and support human rights and nondiscrimination Ensure the health‚ safety and well-being of all women and men workers Promote education‚ training and professional development for women Implement enterprise development‚ supply chain and marketing practices that empower women Promote equality through community initiatives and advocacy Measure and publicly report on progress
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Coffee Ville Job Description Template Job title: Café Manager Work Location: Melbourne Salary/ Hours: ＄24.5 / H 38 H/ Week Reports to: Emma Full-time Part-time Exempt Nonexempt Reporting relationships: About Coffee Ville: Coffee Ville is a café shop placed in Melbourne‚ which serves quality food and fair trade coffee‚ it is opened 7 AM~ 5 PM‚ Monday to Starday. Purpose of position: could be an individual with a qualification that is relevant to operating/managing a small business Responsibilities
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