...1.0 Introduction of Issue Ethics dilemma will occur when two organizational goals are in conflict. In this issue, it is involved how to generating revenue and at the same time practices ethics procedure. In this issue, manager is facing with a risky in making decision. If she is ignoring about the ethical procedure, so she will try to generate a huge profit to the company. The company does not have to lay off workers, but also provides year-end bonuses to its employees. So, Gina plans to side-out proper procedure to faster get advantages to she herself and department. She also tries to persuade Jason to support her decision. While, the Chairman of the Board, Jack has assured Gina that vote will be pass and he will have talked to the shareholders personally. But in the fact, Jack is does not have the power to make this decision without the boards’ actual vote. Jason as a department’s manager of the company, he had to think wisely and make the right decision to make sure that both the company and himself do not get into trouble especially related to the legal issue. 2.0 Unethical Behaviour In this case, unethical behaviour occur when Jason reluctant to make the deal that offer by Gina to allow Bestel Inc. investing 4 million dollars in their company, Gina try to influence Jason to agree the deal. However, Jason refuses to make the deal because the transaction would not have approved by the shareholders and it’s not following the procedure. Gina becomes anxious and angry by show...
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...Economic and Trade Relations of China and Japan China contains more than 5,000 years of history. This remarkably long past earns china the title of the oldest civilization in the world. The country possesses the largest population of 1.344 billion and a Gross Domestic Product (GDP) of $7.318 trillion in U.S. dollars ("World bank, china," 2011). Although China has an extremely high GDP, the extremely large population is a problem since they cannot provide enough resources for the entire population. This makes it imperative for China to trade and have relations with the world around them and participate in the global economy. That being said, with there incredibly dense population, they have a labor force of 795.5 million which allow them to be very large competition for the rest of the world. Since the 1970s, China has evolved from a closed, central system to a market-orientated system that makes China the world's largest exporter. This was accomplished by the gradual liberalization of prices, fiscal decentralization, creation of a diversified banking system, the growth of stock markets, the opening to foreign trade and investment, rapid growth of private sectors, and the decrease in collective agriculture ("Index mundi: China," 2012). In the more recent years, China has once again brought back their support for state-owned enterprises (SOE) for the purposes of economic security. The restructuring of the economy and resulting in efficiency gains have brought China to be...
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...[pic] [pic] Submitted to: Mr. Alfred Mathew Professor Submitted by: Ms. May Ann Rocacorba Student Introduction Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. HRM can be performed by line senior managers. A senior manager is responsible for overseeing and leading the work of a group of people. To the journal ‘Personnel Today’ who commissioning a series of articles introducing principles of Human Resource Management (HRM) I would like to contribute an article which related to senior managers and from other functional management areas trough success a business. The article entitled “To ensure the success of your business through effective human resource strategies”, and knowing how to help your staff to 'go green'. And the article is cover: 1. The definitions and comparison models of strategic HR management. 2. Second the importance of HRM. 3. The analysis of the framework. 4. How the strategies are developed. 5. The assessment of roles in HRM. A manager, who is generally the head of a department or functional area within an organization, has specific responsibilities depending on the needs of his or her organization. Human Resource Management Ensure the success of your business through effective Human...
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...Final Paper on Donald Sterling Ethics MGT511X 6/8/14 Caitlin Filteau Case Background Donald Sterling came into the ethical spotlight in April 2014, with a voice recording of him talking to his then mistress, “It bothers me a lot that you want to broadcast that you’re associating with black people. Do you have to?” “You can sleep with [black people]. You can bring them in, you can do whatever you want. The little I ask you is not to promote it on that … and not to bring them to my games.”Don’t put him [Johnson] on an Instagram for the world to have to see so they have to call me. And don’t bring him to my games.”(nba.com) Since then Mr. Sterling has been banned from the league for life and he was fined $2.5 million dollars. He has no authority over the Clippers and can’t attend any NBA game. NBA commissioner Adam Silver also stated that he would move to force Sterling to sell the Clippers. He stated he would do this based on “willful violation of the rules”, and it would require the consent of three-quarters of the other NBA owners. (Wikipedia.org) On May 26th Sterling made a statement denying all of the charges against him and he refused to sell the Clippers. Donald Sterling’s wife, Shelly, reached a deal to sell the Clippers to Steve Ballmer for $2 Billion dollars on May 29th. Shelly Sterling agreed not to sue the NBA and to assure the league against other suits possibly brought on by her husband. The next day her husband sued the NBA for $1 billion dollars stating...
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...THE NATION’S NEWSPAPER BS2003-01a Collegiate Case Study Enron law firm called accounting practices 'creative' By Greg Farrell www.usatodaycollege.com Accounting fraud Part I: The problems “Creative accounting” is not a new technique, but it can certainly be a costly one. Businesses feel the pressure to appear profitable in order to attract investors and resources, but deceptive or fraudulent accounting practices often lead to drastic consequences. Are these so-called creative practices always illegal or can they ever be justified? This case study will present examples of companies who have used inappropriate accounting practices, the results of their deceptions and the government's plan to avoid future incidents. Did banks play role in Enron scandal? By Edward Iwata Banks face accusations in Enron case By Edward Iwata Banks defend e-mail about Enron By Edward Iwata WorldCom finds accounting fraud By Andrew Backover, Thor Vladmanis, Matt Kranz and Michelle Kessler Former controller comes up more often By Andrew Backover and Chris Woodyard Cover story WorldCom’s bad math may date back to 1999 By Jayne O’Donnell and Andrew Backover CFOs join their bosses on the hot seat By Jim Hopkins Capitalizing on oldest trick in book How WorldCom, and others, fudged results By Matt Krantz USA TODAY WorldCom's accounting game is stunning investors who thought the loophole the telecom firm used was sewn shut years ago. Bros. "How was this overlooked...
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...MARCH 2007 Professor Romain Wacziarg Littlefield 214 Tel: (650) 723 6069 wacziarg@gsb.stanford.edu http://www.stanford.edu/~wacziarg Assistant: Chris Lion Littlefield 330 Tel: (650) 723 9040 lion_chris@gsb.stanford.edu POLECON 230 - NONMARKET STRATEGY This course addresses managerial issues in the social, political and legal environments of business. Cases and readings emphasize strategies to improve the performance of companies in light of their multiple constituencies, in both international and US environments. Topics include integrated strategy, activists and the media, legislation affecting business, lobbying, regulation and antitrust, intellectual property, international trade policy, and business ethics. Most core courses focus on firms’ interactions with customers, suppliers, and alliance partners in the form of mutually beneficial exchange transacted in markets. In contrast, this course considers the strategic interactions of firms with comparably important constituents, organizations, and institutions outside of markets. Issues considered include those involving activist and interest groups, the media, legislatures, regulatory and antitrust agencies, and international organizations such as the WTO. Markets and the business environment are increasingly interrelated: issues such as boycotts, legislation, regulation, judicial decisions, and trade policy directly affect firms’ market performance. Conversely, the profit-maximizing activities of firms often give rise...
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...it. For valuable information on pricing, previous editions, changes to current editions, and alternate formats, please visit www.cengage.com/highered to search by ISBN#, author, title, or keyword for materials in your areas of interest. Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. Licensed to: CengageBrain User Business Ethics, Ninth Edition O.C. Ferrell, John Fraedrich, and Linda Ferrell Vice President of Editorial/Business: Jack W. Calhoun Publisher: Erin Joyner Senior Acquisition Editor: Michele Rhoades Managing Developmental Editor: Joanne Dauksewicz Editorial Assistant: Tamara Grega Marketing Manager: Jon Monahan Senior Marketing Communications Manager: Jim Overly Marketing Coordinator: Julia Tucker Content Project Manager: Joseph Malcolm Production Manager: Kim Kusnerak Media Editor: Rob Ellington Rights Acquisition Director: Audrey Pettengill Rights Acquisition Specialist, Text and Image: Deanna Ettinger Manufacturing Planner: Ron Montgomery Senior Art Director: Tippy McIntosh Internal Designer, Production...
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...Information 3 Cisco’s Ethical Strategy 6 Stated Ethical Strategy 6 Stakeholder Analysis 9 Employees 9 Customers 13 Government 15 Suppliers 17 Shareholders 18 Communities 20 Institutionalization of Ethics 21 Explicit Components 21 Implicit Components 22 Corporate Environmental Management 23 Environmental Policy 23 Environmental Management Systems (EMS) 24 Crisis Management Policy 25 Overall Evaluations and Conclusions 26 Recommendations 27 Works Cited 29 Appendix 32 Appendix A - Cisco Code of Business Conduct 33 Appendix B - Cisco Ethics Decision Tree 34 Appendix C – Cisco Systems Inc. Board of Directors 35 Appendix D – Cisco CSR Awards and Recognition 36 Appendix E – Cisco’s Supplier Code of Conduct 39 Appendix F – Cisco’s Supplier Ethics Policy 40 Introduction The purpose of this paper is to see how a Cisco integrates their ethical and socially responsible practices into their business. The paper will look at the company background, and history. It will then analyze the ethical strategy of the company by reviewing the stated ethical strategy, statements and documents that support that strategy and how the strategy impacts the major stakeholders of the company. An examination of how Cisco institutionalizes their ethics strategy into the company. An evaluation of the corporate environmental management and the crisis management policy will be followed by overall evaluation, conclusion and recommendations to Cisco based on what...
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...learned from this session centers around the fact that before you can become an effective leader and a successful manager of people, there is one main thing you need to know: yourself. You need to know how you communicate, how you process emotions and how you appear to others. You need to know when you might be getting angry, or happy, and how to adjust your behavior to prevent you from doing more harm than good. You need to know what your strong points are and what areas you may need work on; and you need to know that you are not going to be the expert in everything and you need to know how to be okay with that. From the first sets of reading in our class textbooks, we started with the basics. Self-awareness, trust and understanding our ethics and values (de Janasz et al, 2012) kicked off one set of reading, while taking a look at how we are affected by and handle conflict (Griffith & Goodwin, 2013) lead off the other. While the two offered different contexts for examining ourselves, they both stressed the importance of knowing yourself and being able to recognize how we are affected by the things going on around us. Once we have a handle on this, then we can move on to leading, helping and motivating others. This final assignment asks us to take a look at something that takes this intrapersonal evaluation a step further. By using a theory developed by Argyris and Schon in the mid-1970’s we are asked to take a look at what we plan to do in a certain situation (espoused theory)...
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...this analysis is two-fold. First, if a company can successfully develop a fully electric vehicle that is affordable and has mass market appeal it would mark a realistic solution to the diminishing worldwide oil supplies. Second, the technology that would be developed could be used as a springboard for the entire automotive industry. As with any business that is being hinged on new technology, there are significant risks and issues that could potentially be detrimental to the company. Being a new company, there is a very limited operating history for potential investors to go by (Tesla Motors, 2010b). Therefore, future earnings cannot be predicted based on past earnings. The company is losing money and in the SEC filing for the last quarter they state that they expect to keep losing money for the foreseeable future (Tesla Motors, 2010b). Reasons why the company is losing money are somewhat unclear. For the time being, only one vehicle is offered and is out of the price range of most individuals. What money the company does bring in is being used to fuel research and development. Going into debt for the short term does not seem to be a problem for Tesla. The automotive...
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...Instructor’s Manual for Fundamentals of Human Resource Management, 4th edition Chapter One: Managing Human Resources [pic] Welcome to your guide to teaching Chapter One, Managing Human Resources! This guide will provide you with a chapter summary, learning objectives, lecture outlines, solutions to in-chapter case questions, suggested use of internet exercises and self-assessments from the online learning center, video resource notes and discussion questions, and suggested uses for the PowerPoint slides contained in your Instructor Resources. Instructor’s Manual Highlights: Chapter One Roadmap We hope you find each chapter of your Instructor Manual practical and useful, but also, exciting! You can adapt the chapter text, the PowerPoint, and the video to work in an online class environment, a guided independent study environment, or a face to face or on-ground environment. ✓ When presenting Chapter One, have the students first read the chapter and encourage them to absorb the “big picture” of Human Resource Management. ✓ Use the PowerPoint for Chapter One to frame your lecture. This Instructor’s Manual will provide you with a suggested placement of the PowerPoint alongside your Lectures. ✓ Then, have your students watch the Video Case on the “Creative Corporation,” and facilitate an in-class or an on-line discussion highlighting the lessons contained in that Case. ✓ Have students read and discuss the end-of-chapter...
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...Volume 6 INTEGRATED PROFESSIONAL COMPETENCE EXAMINATION GROUP I & ACCOUNTING TECHNICIAN EXAMINATION 11 SUGGESTED ANSWERS May, 2012 The Institute of Chartered Accountants of India (Set up by an Act of Parliament) New Delhi SUGGESTED ANSWERS TO QUESTIONS SET AT THE COMMON FOR INTEGRATED PROFESSIONAL COMPETENCE EXAMINATION GROUP I & ACCOUNTING TECHNICIAN EXAMINATION MAY, 2012 BOARD OF STUDIES THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) The suggested Answers published in this volume do not constitute the basis for evaluation of the students’ answers in the examination. The answers are prepared by the Faculty of the Board of Studies with a view to assist the students in their education. While due care is taken in preparation of the answers, if any errors or omissions are noticed, the same may be brought to the attention of the Director of Studies. The Council of the Institute is not in anyway responsible for the correctness or otherwise of the answers published herein. ©THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form, or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior permission, in writing, form the publisher. Website Committee/ Department E-mail Price ISBN No. Published by : : www.icai.org Board of Studies : : : : bos@icai...
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...better basis for judging performance than past performance for two reasons. First, budgeted amounts take into account expected changes and improvements in the environment. Second, past performance is a result of past events and operations and may not be suitable to serve as a benchmark. To the extent past performance was not effective/efficient it does not make sense to use this as the standard against which actual performance is compared. Motivate managers and employees. Budgets, if internalized, serve as goals for managers and employees and, if properly implemented, can motivate them toward achievements of the goals. Promote coordination and communication within the organization. Budgets compel managers to think of interdependencies and interrelationships among subunits of the organization. A budget is also a communication device that helps all employees and managers understand and accept the organization’s objectives and expected roles and contributions over the coming period. Authorization to act. The approved budget, particularly in a not-for-profit setting, gives the manager authorization to act (make decisions, etc.). Other benefits can include serving as a basis for resource allocation, aiding cash-flow management, and...
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...Brothers. The main factors that lead to the crisis include, but are not limited to; the misrepresentation of financial statements, a complete lack of internal control, accounting as well as management collusion, managerial fraud, increased moral hazard, and the overpayment of executives within the firm. Misrepresentation of the financial statements and the misuse of accounting practices was the main reason for the Collapse of Lehman Brothers. It was said that upper management violated the Sarbanes-Oxley Act through the use of questionable and unethical accounting practices, more specifically through the use of Repo 105 transactions. The second part of this paper addresses the underlying causes and issues relative to the study of financial ethics. This paper also addresses those who were involved as well as affected by the events that took place in the Lehman Brothers scandal. After evaluating the reasons for Lehman Brothers failure, the report discusses possible courses of action to take in order to avoid a similar situation. Detailed solutions to eliminate internal fraud and collusion for this case have been documented in the following pages as well. The most effective method for reducing these problems is increasing awareness of unethical practices and promoting an ethically-centralized work environment. The end of the paper finishes with the current outcome and general overview of...
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...[pic] Case Study 1 Ryan Duran Amanda Greathouse Andy Cook Nick Miller Hillary Hughes Elizabeth Schaible Table of Contents Company Profile History 3 Organization, Mission, and Culture 3 Functional Area Assessment 9 Internal Environment Financial Position of Disney 14 Assorted Financial Ratios 14 IFE Matrix 17 External Environment Key External Forces 19 EFE 23 Competitive Analysis 28 CPM 30 Objectives Short Term 32 Long Term 33 Grand Strategies 34 Initial Findings 36 Company Profile Company History The Walt Disney Company, originally known as Disney Brothers Cartoon Studio, was formed by Walt and Roy Disney in 1923 with the creation of a cartoon named Alice’s Wonderland. With the start of that popular cartoon, the Disney brothers had unknowingly created a legacy that would live for generations. Since the creation of the Walt Disney Company, it has produced hundreds of chart topping animated films, put on dozens of Broadway plays, acquired TV and radio stations, and has created the most magical place on earth on three continents. Even after the deaths of the founders, the company has thrived for several decades every intent to continue growing. Organizational Mission and Culture Mission Statement The original mission of the Walt Disney Company was to “nurture the...
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