of selecting decision alternatives for the whistle issue of the toy company‚ evaluating the advantages‚ disadvantages‚ legal‚ financial and ethical considerations involved in the various alternatives. The purpose of this memo is to outline three possible decision alternatives to address the problem of small lead traces to contents of metal whistles produced by a U.S toy company due for shipment to South America; by discussing the methods for the selection of decision alternatives‚ the advantages
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WHISTLEBLOWING: AN ETHICAL DILEMMA Joan K. Pierson‚ Karen A. Forcht‚ Ben M. Bauman Information and Decision Sciences Department James Madison University Harrisonburg‚ Virginia‚ USA ABSTRACT Because most organizations depend on computer systems that electronically store important data to perform crucial business functions‚ the integrity of these information systems is paramount. Securing company systems‚ however‚ is not always an easy task. More sophisticated systems often provide widespread access
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Selecting an Alternative: Three Approaches When selecting from among alternatives‚ managers can use three basic approaches: (1) experience. (2) Experimentation‚ and (3) research and analysis (Figure 6-1). 1. Experience Reliance on past experience probably plays a larger part than it deserves in derision making. Experienced managers usually believe‚ often without realizing it‚ that the things they have successfully accomplished and the mistakes they have made furnish almost infallible guides
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Problems Regarding the Toronto Blessing In 1994‚ a small church was started near the Pearson International Airport in Toronto‚ Canada. This small church would spark a revolution attracting over 300‚000 people making a pilgrimage to visit the church every year. The revolution began on January 20‚ 1994‚ when the congregation became overcome by "spiritual laughter". This practice and others such as speaking in tongues‚ sounding like animals‚ shaking uncontrollably‚ and swooning occur regularly
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Business Ethics Title of Assignment: Term Paper Whistle Blowing This assignment was done in partial fulfillment of the requirements of the Finance Major course (BBA 4) Term paper (GROUP ASSIGNMENT) THE PAPER WILL REQUIRE SOME RESEARCH AND CRITICAL REFLECTION ON WHAT HAS BEEN COVERED IN THE LECTURES AND TUTORIALS. The term paper will be on a topic of interest to the student‚ but requires the approval of the tutor. You may choose a topic from current issues in the news‚
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due to some wrong decisions and overriding some important information from professional employees within the company is considered a real catastrophe. Applying pressure on senior management team of the company that has developed the rocket in order to change their opinion about launching can be considered to be another catastrophe. All these misjudgment actions from the NASA team and the Morton Thiokol team have lead to the challenger real crisis. Whistle blowing A whistle blower is a person
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CREATE Research Archive Published Articles & Papers 1-1-1980 Structuring Decision Problems for Decision Analysis Detlof von Winterfeldt University of Southern California‚ winterfe@usc.edu Follow this and additional works at: http://research.create.usc.edu/published_papers Recommended Citation von Winterfeldt‚ Detlof‚ "Structuring Decision Problems for Decision Analysis" (1980). Published Articles & Papers. Paper 35. http://research.create.usc.edu/published_papers/35 This Article
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DECISION ANALYSIS PROBLEMS Many decision analysis problems can be viewed as having three variables: decision alternatives‚ states of nature‚ and payoffs. • Decision alternatives are the various choices or options available to the decision maker in any given problem situation. On most days‚ financial managers face the choices of whether to invest in blue chip stocks‚ bonds‚ commodities‚ certificates of deposit‚ money markets‚ annuities‚ and other investments. Construction decision makers must
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the people that run the company or organization and they can be expressed to the outside world such as the media or law enforcement. The whistleblower normally faces reprisal from their company‚ related organizations‚ or sometimes from the law. Whistle blowing happens when people get caught between business and social responsibility. They have to decide what is best for the business and what is best for the world. In the Insider Big tobacco denies that nicotine is an addictive drug. Jeff Wigand
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MAKAHAMADZE Whistle blowing has been described as violating company and collegial loyalty while at the same time it helps to inform the public about business practices. This article is intended to: a. Discuss this statement in relation to whistle blowing as a technique of exposing unethical business practices in an organization b. Suggest other ways of exposing unethical business practices – highlighting the advantages and disadvantages of each technique (a)INTRODUCTION Whistle blowing is an
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