Solongo Otgonbayar Professor Myra Bates Article Review 2 October 17‚ 2014 Samsung’s Unethical Behavior The article that I chose to review was titled‚ “Samsung ’s Unethical Behavior More Diversified Than Its Smartphone Lineup.” The article focused on the unethical practices that are currently practiced by South Korea electronic giant Samsung. Samsung has been accused of refusing to release information in regards to worker health. There have been documented cases of leukemia and non-Hodgkin ’s
Premium Ethics Business ethics Philosophy of life
Enron’s name was formerly Northern Natural Gas Company‚ which was formed in 1932 in Omaha‚ Nebraska. But in 1985‚ it bought the smaller Houston Natural Gas and finally changed its name to Enron. The “crooked E” logo was designed in the 1990s. Enron was well known for transmitting and distributing electricity and gas throughout the United States. Enron developed‚ built‚ and operated power plants and pipelines while dealing with the rules of law. They owned a huge network of natural gas pipelines which
Premium Enron Arthur Andersen Enron scandal
291 Effect of Unethical Behavior in Accounting When describing accounting‚ it can be defined‚ as a type of method used to provide information with regards to the financial position of a company or an organization. The information provided to investors is imperative because it provides the investor with valuable information that can lead to their determination as to whether they should decide to invest or not to invest in a specific organization. Consequently‚ because of unethical practices and
Premium Enron Business ethics Audit
WorldCom Ethical Scandal In the late 1990’s‚ WorldCom was a successful company and leader in the telecommunications world. They had merged with MCI and the company was regarded for being innovative and growth hungry. However‚ in the midst of all the mergers WorldCom CEO Bernard Ebberly began to mismanage the company. WorldCom was no longer meeting their numbers and it looked like stock prices would fall. Rather than letting this happen‚ executives at WorldCom doctored the books. CFO Scott
Premium Fraud
University Handbook‚ 2011). The disciplinary actions of these offenses show the seriousness in which academic dishonesty is unethical and highly frowned upon; it leaves one to wonder if such unethical practices will carry over into the workforce. The attitude one has toward dishonesty while achieving academic goals can also be reflected in the way one conducts business. If such unethical practices are taken lightly while in school‚ there is always the possibility that they will be taken lightly while working
Premium Internal Revenue Service Academic dishonesty Copyright
isn’t one way or another to be able to ensure ethical behavior in any business all the time. There are things that can be done to help encourage and increase the likely hood of a business acting ethically all the time. The two strongest influences for ethical behavior in the professional world are the regulations that are set by the government and committees like the SEC (Securities and Exchange Commission)‚ and to have good ethical behavior being modeled from top management (lead by example). The
Premium Business ethics Ethics Social responsibility
During the first nine weeks I have learned an immense amount about myself. The multiple intelligences‚ learning styles‚ and 16 personalities tests have taught me to understand myself and how I learn. When reviewing the results I noticed extreme accuracy in every field covered‚ including‚ how I learn‚ communicate‚ develop relationships and see myself. There were subjects explained that I had never before considered about myself so it was interesting to see how people similar to me perform in those
Premium Emotion Personality psychology Debate
when founder Sam Walton created Wal-Mart. It has been the place where a lot of people usually do their shopping for the low prices and variety of products. This is why it is so controversial Wal-Mart continues to grow even with the accusations of unethical business practices. Wal-Mart has been accused of sexual discrimination and unfair pay for employees‚ and destruction of small towns‚ excessive amounts of corporate power through the government and how Wal-Mart is turning into a monopoly. With all
Premium Wal-Mart Sam Walton Discount store
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
Premium Brand Marketing Stock market
Week 6 Checkpoint The accounting cycle is a series of procedures that allow a company to record their transactions and prepare their financial statements in the most accurate way possible. Every cycle starts with a single transaction and ends with the books being closed out for a specific time period. There are nine steps in all. 1. Analyze Business Transactions – As financial transactions occur they are analyzed and considered with respect to their effect on their financial position in the
Premium Generally Accepted Accounting Principles Finance English-language films