Week 3: Legal and Ethical Issues in Business Resource: Ch. 5 of Introduction to Business Task: Imagine that you are starting your own company. What will be the ethical code of your company? Write a 200- to 300-word ethical code of conduct listing the rules and principles that your company will use in decision-making. Provide a brief explanation of why you selected each rule and principle. The ethical code for my business‚ which is a café with a recording space‚ would include several things
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Ethical Challenges and Agency Issues Analyzing ethical challenges Most people are aware of the ethical challenges businesses face in today’s world especially‚ in the financial services industry. Financial services became a major target after several scandals such as Enron and MCI. Unfortunately‚ the financial industry is very large‚ which encompasses entities such as banks‚ insurance companies‚ mortgage lenders‚ pension‚ and securities funds. “The financial service sector represents 20 percent
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employers must not force their staff to comply with an arbitrary policy in conflict. Policies should allow for exceptions‚ just as the law does‚ because every circumstance cannot be predicted 3-Develop the appropriate legal issue(s) in question (i.e.‚ the specific legal issue between the two parties).Provide a judgment on who should win the case - be clear. 4-Support your decision with an appropriate rule of law. The law: (the employers did not have the right to refuse to hire or employ
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Report on International Ethical Issues February 20‚ 2010 TABLE OF CONTENTS 1). Executive Summary…………………………………………………………………3 1.1 Background and learning goals of the report …………………………………3 2). Introduction to Dell Inc………………………………………………………………4 2.1 Background of Dell Inc. ………………………………………………………4 2.2 International activities of Dell Inc. ……………………………………………5 3). International ethical issues facing Dell Inc. ………………………………………6 3.1 Employment Practices…………………………………………………………6
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following a sherpa who is their leader. Sherpas undergo a large amount of pressure‚ because without the sherpas the people who paid to climb the mountain will not be able to climb the mountain safely . For example‚ in the article‚”Everest’s Sherpas Issue List Of Demands” Mark Jenkins states‚” Sherpas today make the majority of the decisions on the mountain”(Jenkins). As a result‚ the sherpas have became the leader in the group‚ and have to lead the way for climbers. Before the Sherpas begin leading
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Running Head: REGULATORY AGENCY 1 Regulatory Agency REGULATORY AGENCY 2 Prison health care provides the inmates with medical care from the prisons correctional health provider. There are many thoughts about why inmates should receive health care and one reason is that even though the inmates have
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The Legal and Ethical Environment of Business MGM365-1204A-08 Phase 3: Philosophy Brendon Foster America is a country of true convenience and consumerism. In this country of opportunity‚ the very well established credit industry allows people who only earn fifty thousand dollars a year to purchase and “own” two hundred and fifty thousand dollar homes and thirty thousand dollar cars. We pay over time to enjoy or conveniences and lives now. In developing economies‚ this is very far from the
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Case 4: Amazon: One E-Store to Rule Them All 1) The CEO of Amazon.com‚ Jeff Bezos‚ effectively employed both intuitive and systematic thinking when he developed the Kindle for sale. Through Bezos’s creative idea in the Kindle‚ one can see that he makes decisions that seem to be based off of intuitive thinking. With this approach‚ people make decisions according to their past experiences and gut feelings‚ as opposed to analyzing all of the facts. Bezos took a risk in the creation of the Kindle
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Operations The Ford-Firestone Case 1. The Recall In July 1998‚ Sam Boyden from State Farm Insurance received a call from a claims adjuster inquiring about Firestone tread separation. Sam began to research this issue and he found that there were 20 more such cases going back to 1992. All 21 cases involved Firestone ATX tires and 14 of them involved the Ford Explorer. He then sent an unsolicited e-mail to the National Highway Traffic Safety Administration (NHTSA) describing the 21 Firestone cases
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SEMINAR II The first legal issue relates to the nature of Ferox Co. The relationship between Alex‚ Brian‚ Christina and Sally also need to be clarified in legal terms as well as the relationship of Dominic and the firm at each stage. The second issue is who the persons liable for the first £50‚000 debt and the second £50‚000 from Emily. The third issue deals with the £30‚000 that Dominic borrowed from Francis and the responsible parties who are liable for it. The fourth issue revolves around whether
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