...wide range of moral and ethical principles, providing methods and guidance for the distinguish between right and wrong. "Ethics is important for managers involved with Management Control Systems (MCS) because ethical principles can provide a useful guide for defining how employees should behave." [Management control-related ethical issues and analysis] It is important for an organization to have good ethics as unethical behaviors are costly not only to the individuals involved but also the organization, market and the society.' People learns from history,' each time a serious unethical issue arises, the government creates extra laws and standards for the governing of organizations, however these extra enforcements mechanisms "are incomplete, imperfect, and expensive, and have the typical drawbacks of rigid action controls." [Management control-related ethical issues and analysis] Business ethical issues arise because in most cases ethical actions may not generate the best outcome for an organization, "ethical individuals sometimes must make actions that are not in their own self-interest or their organizations owners' best interest." [Management control-related ethical issues and analysis] There are many dilemmas when making ethical decisions, often including the struggle between being selfish and doing 'what is right'. A culture will define the individual and group ethics within an organization. To control unethical behaviors and to set an ethical issue free environment within...
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...Identification and Analysis of Critical Issues and its Impact on the Business Performance and Strategic Direction Bellevue University Assignment 9.1 May 4, 2015 Business situation analysis and its impact on performance and strategic direction Business situational analysis is defined as internal and external factors that affect the business’s environment in different way (the situational analysis, 2011). There are five situational factors that most businesses focus on: legal, regulatory, social, technological and ethical. Thus, each factor drives the business decision making. Therefore, situational analysis allows the business to determine the business strengths, weaknesses, opportunities and threats (The situation analysis, 2011) and make beneficial decisions. However, legal and ethical factors are areas where issues comes at any level of the business. In this topic, it’s important to describe and analyze the critical issues around legal and ethical factors and how they impact the business performance and strategic direction. A legal factor relates to new laws or directives governing how businesses behave. This can be in relation to other businesses, customers or the environment. Indeed, businesses need to watch out for new laws put on the market. In fact, businesses’ activities are restrained by laws and regulations (A hands-on introduction to business fundamentals in foundation, 2014). Those laws could be local, national or international and all depend on where the...
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...(Sample Case Examination) Strategic Issues Upgrade existing properties to attract more business travellers Purchase Calgary hotel Exercise option on land in Montreal and build conference centre or sell the land Providing additional in-room services Operational Issues Budgeting and financing relating to upgrading the existing properties, buying the Calgary property, or building the conference centre Training related to improving services in upgraded hotels Various issues associated with Calgary hotel being considered for purchase Occupancy rates lower than benchmark hotels suggesting image management issues at existing properties Ethical and control issues within the current operations and the possible Calgary purchase Lack of independence in current board Opening a new warehouse to serve the Ontario and Quebec stores Lack of independence in current board Cash flow issues caused by need to repay loan to shareholder Succession planning Budgeting relating to offering new products Budgeting relating to opening new stores Inventory valuation for financial reporting Various ethical issues relating to operating the current stores Lack of incentive compensation systems Concepts/Tools Examined Net present value CCA analysis Mark to market financial accounting issues Profit analysis Opportunity cost Financing Asset valuation Restrictive covenant in current financing agreement Financial statement (ratio) analysis HR issues relating to implementing performance...
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...SOCIAL MEDIA ANALYSIS FOR BIG BLUE STORE Lisa Williamson Capella University MBA-6004 Table of Contents Introduction ………………………………………………………………….. 1 Mission and Goals …………………………………………………………… 2 Situation Analysis …………………………………………………………… 3 Competitors …………………………………………………………………. 3 Strategic Analysis …………………………………………………………… 4 Ethical Issues ………………………………………………………………... 4 Recommendations …………………………………………………………… 6 Conclusion …………………………………………………………………… 6 References …………………………………………………………………… 7 Introduction Big Blue Store is a farm, home and auto supply store that originated in Seymour, Indiana and expanded into North Carolina in the late 1970’s. Big Blue Store sells quality products at competitive prices with a concentration on the rural lifestyle. Majority of the customers are farmers, home owners, gardeners and homemakers. While Big Blue Store was in Seymour Indian, they were a part of a 12 store location franchise. Since Big Blue Store moved from Seymour Indiana and relocated to eastern North Carolina. Big Blue Store has locations in Kinston, Clinton and Elizabethtown, NC. The Kinston, NC location was opened in 1977. Since then, Big Blue Store seen a need to expand because of customer traffic and opened a store in Clinton, NC in 1978. During the early 1980’s, the Clinton location was purchased by Del Pollert and the Kinston location was purchased by Butch Bedient who were the respective managers at the time. In 2000, Del Pollert seen a need to expand Big...
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...for IFSM 304. These activities, along with class discussion and any other assignments your professor may require will enable you to achieve the course objectives and demonstrate knowledge of key concepts and apply this understanding to real-world digital ethics topics and situations. Understand that your work will comprise a Learning Portfolio for the course and these assignments are linked! You will be faced with work that advances with a progression from a general basic framework for decision making to more specific analysis and critical thinking about more complex ethical issues. Current Events 5% Conference Posting of articles on IT-related Ethical Global issues (multi-national corporation) The purpose of this assignment is to analyze a current event article on global ethical issues from a multi-national corporation perspective. This assignment is designed to increase your knowledge from a corporate viewpoint and enable you to analyze ethical issues from a current GLOBAL situation or event. This will also enhance your research and writing skills and your critical-thinking abilities. Select a current topic (2010 source or later) and find an appropriate article on the topic. Provide the persistent URL (one that anyone can click on to read the original article) or paste the article in the Conference or provide the article as an attachment. The following elements must be addressed: Summarize its key points Analyze its multi-national and global aspects Determine...
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...you will be presented with some details behind a variety of current issues facing the company. This is called the ‘scenario’. These issues may or may not have been mentioned in the case study. Your role is to produce a report to the board that prioritises these current issues, discusses them and provides recommendations based on them. ©The Chartered Institute of Management Accountants Page 2 Approach The main idea behind the case study is to ensure that the consultant understands the business upon which he or she is advising (this is no less than would be necessary in a real situation). Accordingly, you should begin by reading and analysing this case study material. Analysis can take many forms and provided here is some brief guidance on areas to consider and approaches you could take: • What – so what analysis: note down the key facts from each section of the case study material (this is the `what’), then consider the implications of that fact (the `so what’.) For example suppose you were told that the business did not have a marketing director (the `what’.) The implication here is that the business may not grow to its full potential and may miss out on potential opportunities that arise (this is the `so what’.) SWOT analysis: the strengths, weaknesses, opportunities and threats of a business. This tool is probably essential in most business analyses (and certainly for this exercise.) Strategic analysis: there are many...
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...This week’s paper targeted a global organization with a multinational presence. The company picked is Foxconn Technology Group. Within the paper the reader will gain a little insight on the cultural issue that affected the organization. The issue will be defined and an overview will be provided on how the issue became an issue in the organization. Also an analysis of the ethical and social responsibility issues Foxconn dealt with as a result of being global. Lastly the paper will identify the ethical perspectives, compare the perspectives across cultures involved, and describe a viable solution for the issue that was deemed acceptable to all stakeholders. Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group (forbes.com) is an electronic company based in Taiwan was founded in 1974. It is the world's largest electronics contractor manufacturer, and the third-largest information technology company. Foxconn is predominantly a contract manufacturer who is also known as a made to order manufacturer. Their clients include American, European and Japanese electronics and information technology companies. Products invented by this company are BlackBerry, iPad, iPhone, Kindle, PlayStation 4, Xbox One, and the Wii. The cultural issue that affected Foxconn’s interactions outside of the United States is the controversies that plagued the company in concern to how it manages employees in China. There has been a history of suicides in its factories blamed on working...
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...(Management/HR/Accounting/Marketing) Date Issued November 2, 2015 Assessor Ms. Aminath Aroosha Assignment title Date Due Report: November 30, 2015 Class Activity: November 9th &10th, 2015 ETHICAL ISSUES ( NAME OF THE COMPANY) IS FACING AND THE IMPORTANCE OF ADDRESSING THOSE ISSUES FOR THE SUCCESS OF BUSINESS The purpose of this assignment is to check student: 1 Understanding of different ethical perspectives in business 2 Understanding of business objectives from an ethical perspective 3 Understand of ethics in workplace relationships 4 Ability to assess a current ethical issue in a business. Instructions to Learners: 1. Please read the assignment brief carefully and follow the evidence criteria. 2. An electronic copy of your assessment must be fully uploaded by the deadline date and time. You may submit one single PDF or MS Office Word document or Google document. 3. The electronic copy should be named as “YourFullName_Unit26” 4. Hard copy of the assignment must be submitted latest by 2 pm, 01 December 2015. Assignment will only be accepted for marking if the hard copy and the electronic copy uploaded are the same. 5. Label work with appropriate tasks/criteria’s/number 6. The assignment must be typewritten with 1.15 spacing of justified alignment using Times New Roman font, font size 12. 7. Use the APA referencing system and provide references [e.g. (Smith, 2011)] within the text and an entry in a references list. Otherwise it will be considered as...
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...Quarter | Winter 2010 | Meeting Days/Time | Online course | Instructor | Dr. C. Phil Campos, MBA, JD | Instructor Phone | 214-202-8044 | Instructor E-mail | canuto.campos@strayer.edu | Instructor Office Hours/Location | 6pm – 7pm EST | Academic Office Phone NumberStrayer Online Technical SupportEcollege HelpDesk | 1-877-540-1733“As a student, you should choose 1 then 3 for academic issues from the automated menu.”1-877-642-2999“Used for problems entering the class”1-866-448-6703 or 1-303-873-0005“Used for problems once in the class” | INSTRUCTIONAL MATERIAL | Kubasek, N. K., Brennan, B. A., & Browne, N. (2009). The legal environment of business: A critical thinking approach (5th ed.). Upper Saddle River, NJ: Pearson-Prentice Hall.Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2010). Business ethics: Ethical decision making and cases (7th ed.). Boston: Houghton Mifflin Company/South-Western/Cengage Learning.PLEASE READ SYLLABUS PART II in the Course Home tab, it contains important University policies.GETTING TECHNICAL HELPTechnical questions regarding eCollege or classroom issues should be referred to helpdesk@strayeronline.net. Or you may phone the helpdesk at 1(866)448-6703.If the question regards a Strayer system, technical support can be reached at 1(877) 642-2999. Any technical inquiries sent to the instructor will, as a matter of course, be forwarded to the Helpdesk. The eCollege helpdesk is available 24 hours a day, seven days a week, and 365 days a year....
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...Abstract The organization has had some regulatory and ethical issues occur in the last several months prior to the new appointment. These ethical and regulator issues have had a serious impact on the daily operations of the facility. There has been a major back–lash, directed towards the in-patient medical center, sense these series of events have occurred. The in-patient medical center faces possible law suites as well as, possible sanctions or even worse loss of accreditation, if there is not a plausible solution drafted ASAP. In order to defuse the situation and prevent this from happening again, it is the newly appointed COO’s responsibility, along with her management team to develop and implement a plan of action, in order to take the necessary steps to create and enforce a new surgical protocol to insure the over all safety of the patients. Introduction The in-patient medical center in which I have just been appointed COO has several regulatory and ethical issues, which require immediate attention. A wrong patient surgical error has occurred under the watch of the former COO, where a 26-year-old male patient comes in for surgery on his left leg, for a running injury however, he leaves the facility with his left leg amputated. This is an example of some of the major regulatory and ethical issues in which I have inherited as the new COO. It is vital that a comprehensive SWOT analysis take place in order to identify the organizations...
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...MIIZ04, ME001-S : Analysis and Design of Management Information System by Dr. Eric C.C. Tsang (曾祥財 曾祥財) 曾祥財 FIT, MUST 1 Chapter 4 Ethical and Social Issues in Information Systems 2 Management Information Systems Chapter 4 Ethical and Social Issues in Information Systems LEARNING OBJECTIVES • Identify the ethical, social, and political issues that are raised by information systems. • Identify the principles for conduct that can be used to guide ethical decisions. • Evaluate the impact of contemporary information systems and the Internet on the protection of individual privacy and intellectual property. • Assess how information systems have affected everyday life. 3 Management Information Systems Chapter 4 Ethical and Social Issues in Information Systems Is Your Student Loan Data on Loan? • Problem: Insufficient privacy protections for sensitive data related to student loans. • Solutions: Improve system security and protect student information to restore confidence in the system. • Revoke over 52,000 user IDs suspected of misusing access to students’ private information. • Demonstrates IT’s role in providing quick and convenient access to data. • Illustrates how the very same technology has the potential to threaten privacy and cause more harm than good. 4 Management Information Systems Chapter 4 Ethical and Social Issues in Information Systems Understanding Ethical and Social Issues Related to Systems • Past five years: One of the...
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...overcoming barriers to marketing plan: 8 Be strategic: 8 Be realistic: 8 Stay focused: 9 Monitor the budgets: 9 Market research: 9 A.04 Importance of marketing plan in the strategic plan: 9 Product: 9 Price: 9 Promotion: 9 Place: 9 A.05 Ethical issues in marketing plan: 10 A.06 Organization responses to ethical issues: 10 Individualistic approach: 10 Communal approach: 10 A.07 Example of consumer’s ethics and the effect on the marketing plan: 11 Part B: Preparing marketing plan 11 B.01 Organizational capability evaluation: 11 Business experience: 11 Business reputation: 11 Company culture: 11 Business environment: 11 B.02 Techniques used in organizational auditing and analyzing external factors: 11 B.03Carried out organizational audit and external factors analysis that affect marketing plan: 12 SWOT analysis of the Toyota Company: 12 PEST analysis for Toyota Company: 13 B.04Marketing plan: 14 Marketing objective: 14 Objectives: 14 Strategy statement market share: 14 Brand awareness: 14 Current and prospective target market: 15 SWOT analysis: 15 Mission Statement: 15 Financial objectives: 15 B.05 Stages and techniques for new products development: 15 Acquisition: 15 New product development: 15 B.06 Pricing policy, distribution and communication mix: 16 Pricing policy: 16 Distribution: 16 Communication mix: 16 B.07 Factors affecting the successful...
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...quality control manager (QCM) as my title within an organization called “G-Bio Sport’s.” Additionally, I was tasked with two dilemmas involving ethical issues, and the various ethical perspectives that were used in my analysis and decision making to resolve the dilemmas. This journal will reflect the issues, steps, ethical perspective used to base decision on and influence it played, as well as the correlation of various concepts within the simulation with my workplace. Ethical Dilemma Issue (The Case of Fair Warning) In the first dilemma products contaminated with high levels of GBS-Fibranafren, one of G-Bio Sport’s patented ingredients, which over two-thirds of the company’s products contain where found to have slipped through quality control. The dilemma provoked an issue of what the best decision would be to initiate a resolution to the issue. The company concluded that in healthy adults there was extremely low risk, though those with low immune systems would be at a higher risk, this with repeated use. Decision Making Steps In coming to an ethical decision or basis, I first identified the issues (whether or not to recall, disseminate the information, refund or replace the product) and then analyzed the issues enabling a clear perspective on the understanding of each issue. Additionally I did a stakeholder analysis to determine the stakeholders with the highest and lowest risk; this being the shareholders and the CEO of the company. The outcome was based...
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...Journal of Academic and Business Ethics c Johnson & Johnson: An ethical analysis of broken trust t Karen L. Stewart The Richard Stockton College of New Jersey Whiton S. Paine The Richard Stockton College of New Jersey ABSTRACT For several decades, Johnson & Johnson has been the exemplar of superb ethical behavior in light of the prompt actions it undertook during the 1982 Tylenol cyanide poisoning incident. Now several decades later, J&J’s Consumer Product Division has put the company and . its reputation in jeopardy by its slow and ineffective response to a series of ongoing problems. ineffective This article provides an ethical analysis of those events and addresses the negative impact on Johnson and Johnson’s once sterling reputation. Business, ethics, recalls, Johnson & Johnson, reputation, FDA J&J: An ethical analysis, Page 1 analysis Journal of Academic and Business Ethics c INTRODUCTION: For several decades, Johnson & Johnson has been the exemplar of superb ethical behavior in light of the prompt actions it undertook during the 1982 Tylenol cyanide poisoning incident that left seven dead in the Chicago area. After the 1982 incident, Tylenol quickly even returned to category dominance. A few years later when yet another cyanide-laced Tylenol laced capsule resulted in the death of a New York woman, Johnson & Johnson and its McNeil subsidiary once again took quick action by only making a compressed and easier-to-detectnce easier tampering...
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...a total of 13 sessions. Each seminar is intended to inform and equip students with the conceptual tools to synthesize, evaluate and analyze strategic or ethical issues. In addition, seminar activities have been developed to provide opportunities for students to sharpen their critical thinking and ethical reasoning skills through: 1. Case analyses, where students apply the conceptual tools that they have learnt in the seminar to critically analyze different strategic issues. 2. An ethical reasoning exercise (given in pages 7 and 8) where students can apply ethical concepts. 3. A critical thinking exercise where students could analyse specific case study issue with theoretical framework and concepts. 4. A group project, where each student group generates a strategic audit report of a publiclylisted firm. See pages 8 and 9 for details. 5. Collaborative learning, where students work in a group and participate in class discussion so that they learn to defend and/or integrate different perspectives on strategic issues in a critical manner. 6. A final exam, where students apply their knowledge of course material learnt throughout the course in an integrative manner. 1 Course Assessments - Summary Component Group Project (Report, 20% + Presentation, 5%) Class Participation Critical Thinking Analysis Ethical Reasoning Analysis Final Examinations (written) Total Percentage 25 15 5 5 50 100 Individual/Group Group Individual Individual Individual Individual Required Textbook and...
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