...Identify the ethical and legal issues of which Albert needs to be aware. The first ethical issue I see is that Albert and his wife, Mary, took advantage of the “players” in the large corporations. Albert and Mary would go to parties and get information from them after the “players” had a few alcohol drinks. Both started using this strategy and five months later their clients began to see significant profits in their portfolios. Another ethical issue I see is Albert’s uncle worked as a janitor which gave his access to many law offices that had information on a number of companies, especially those about to file for bankruptcy. Mary and Albert both were able to use this information provided by his uncle to benefit their clients’ portfolios. A third ethical issue is Mary used insider information from her father who worked for a major health care company. The management team was running the company into the ground. Mary found a company that was interested in doing a hostile takeover. Mary told several of her best clients, who in turn did very well on the stock. All of this increased her status with the firm that she worked for and kept drawing bigger clients. The legal issue that I see is the e-mails Mary is receiving from some of the brokers. Some of the other brokers are sending e-mails with off-color jokes and even nude photos of men and women. E-mail is not private in the workplace. Employees own the company e-mail system and therefore are covered under law to monitoring rights...
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...Analysis of Personal and Organizational Ethics and Values Sharlene Cruz PHI 445 Personal & Organizational Ethics Prof. Robert Wengryzn March 03, 2014 Analysis of Personal and Organizational Ethics and Values In this paper, the author will compare and contrast 2 health care organization’s; Sutter Health Care, a non-profit organization whose mission statement is; “We enhance the well-being of people in the communities we serve through a not-for-profit commitment to compassion and excellence in health care services.” Then there is St. Joseph’s Health Care, a for profit organization whose mission statement is; “To extend the healing ministry of Jesus in the tradition of the Sisters of St. Joseph of Orange by continually improving the health and quality of life of people in the communities we serve.” Both mission statements, although worded differently, hold the same meaning in regards to community health care, however one basing it’s care on religious overtures. Sutter Health Organization’s website claim they are the largest and most popular health organization in Northern California. Sutter health as it is known today was created in 1996 through the merger of its Sacramento based organization and the Bay Area based Health care System. In part it was created due to many physicians and small clinics and hospitals needing to close their doors due to rising costs and the difficulty of health payments. Sutter Health’s organization is a vast network of health care...
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...Joseph’s Ethical Issues 2 Identify the ethical and legal issues of which Albert needs to be aware. The first ethical issue I see is that Albert and his wife, Mary, took advantage of the “players” in the large corporations. Albert and Mary would go to parties and get information from them after the “players” had a few alcohol drinks. Both started using this strategy and five months later their clients began to see significant profits in their portfolios. Another ethical issue I see is Albert’s uncle worked as a janitor which gave his access to many law offices that had information on a number of companies, especially those about to file for bankruptcy. Mary and Albert both were able to use this information provided by his uncle to benefit their clients’ portfolios. A third ethical issue is Mary used insider information from her father who worked for a major health care company. The management team was running the company into the ground. Mary found a company that was interested in doing a hostile takeover. Mary told several of her best clients, who in turn did very well on the stock. All of this increased her status with the firm that she worked for and kept drawing bigger clients. The legal issue that I see is the e-mails Mary is receiving from some of the brokers. Some of the other brokers are sending e-mails with off-color jokes and even nude photos of men and women. E-mail is not private in the workplace. Employees own the company e-mail system and therefore are covered...
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...Chapter 1 and Chapter 3 - Questions and Exercises Chapter 1 (pages 26-27) 1. What are the potential ethical issues faced by Acme Corporation? The potential ethical issues faced by Acme Corporation is giving gifts can lead to dilemmas about whether the gift being given will be perceived as a bribe or simply a gift. If gifts are given, it shouldn’t be given to one person, but instead, an entire team or division. As this could cause other members of the team to feel that there is something more is happening. In this specific case, Frank is giving personal gifts only to Otis, which could cause problems for Frank and/or Acme Corporation in the future. 2. What should Acme do if there is a desire to make ethics a part of its core organizational values? Acme Corporation should make sure that all the rules and guidelines are in writing as well as communicate them to all the personnel as part of its core organizational values. These guidelines should detail items including the giving of gifts to customers as far as a maximum dollar amount or the number of times you are allowed to do it per customer. 3. Identify the ethical issues of which Frank needs to be aware. The ethical issue that Frank needs to be aware of is the fact that, Otis can perceives the gifts he is being given as a bribe. It seemed as Frank was unsure about Otis’ request in Vegas, what will happen if he doesn’t satisfy this request? It’s good to go with your initial feeling and if needed, say no in a professional...
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...1. What are Joseph’s ethical problems? a. Joseph’s ethical problems an employee paying off or giving “kickbacks” to some of his buyers. This could be considered a type of bribery, the practice of offering something in order to gain an illicit advantage, called “Facilitation Payments” payments made to obtain or retain business. Joseph also feels he has issues with his boss in what he perceived to be a “hostile work environment”. For a hostile work environment to exist there must be 3 criteria’s met; the conduct was unwelcome, the conduct was severe, pervasive, and regarded by the claimant as so hostile or offensive as to alter his or her working conditions and the conduct was such that any reasonable would find it hostile or offensive. Joseph believes if he were to tell his boss of the situation he could be putting himself and Carl up for termination. 2. Imagine you are Joseph. Discuss your options. a. Joseph has an ethical issue, which is a problem, situation, or opportunity that requires an individual group, or organization to choose among several actions that must be evaluated as right or wrong, with one of his sales people giving kickbacks for some of his buyers to gain an advantage over the other sales associates, he does not have an ethical dilemma which in the same situations he would need to choose among several wrong or unethical actions. b. Joseph should start with talking to Carl and advise him of the unethical behavior and come up with some fair solutions...
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...BUSINESS ETHICS TUTORIAL EMERGING BUSINESS ETHICS ISSUES Case Study: Joseph's Ethical Dilemma. Joseph Freberg had been with Alcon for 18 months. He had begun his career right out of college with a firm in the Southeast called Cala Industrial, which specialized in air compressors. Because of his work with Cala, he had been lured away to Alcon, in Omaha, as a sales manager. Joseph’s first six months had been hard. Working with older salespeople, trying to get a handle on his people’s sales territories and settling into the corporate culture of a new firm took 16-hour days, six days a week. During those six months, he also bought a house, and his fiancée, Ellen, furnished it, deciding almost everything from the colour of the rugs to the style of the curtains. Ellen had taken a brokerage job with Trout Brothers and seemed to be working even more hours than Joseph. But the long days were paying off. Ellen was now starting to handle some large accounts and was being noticed by the “right” crowd in the wealthier Omaha areas. Costs for the new home had exceeded their anticipated spending limit, and the plans for their wedding seemed to be getting larger and larger. In addition, Ellen was commuting from her apartment to the new home and then to her job, and the commute killed her car. As a result, she decided to lease something that exuded success. “Ellen, don’t you think a Mercedes is a little out of our range? What are the payments?” inquired Joseph. “Don’t worry...
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...team. INCENTIVES According to SEC, Michael Joseph should have know that PNC’s SPE (Special Purpose Entities) transactions were not in compliance with GAAP. Also, Joseph’s dual role in both AIG and PNC resulted in a conflict interest for him. However, Joseph still chose to cooperate with AIG in issuing report stating that the nonconsolidated accounting treatment was an appropriate application of GAAP. Several incentives pushed him to do so. First, since AIG had an extensive role in global credits and insurance markets, to build a positive relationship with AIG for Joseph was beneficial in the long-term. As Joseph accepted the offer from AIG, the potential buyers went to Joseph to consult accounting-related issues, which raised Joseph’s reputation as well. In addition, working for such a big company as AIG brought Joseph huge economic return, which could be another incentive for Joseph to take the risk. The E&Y audit team for PNC directly contacted Joseph to determine whether PNC’s proposed SPE would be GAAP-compliant. On one hand, PNC’s external audit firm was E&Y so that E&Y should take the responsibility to handle the SPE issues. On the other hand, the E&Y audit team did not want to challenge their partner, Joseph, on the appropriateness of the SPE’s accounting treatment. So, the audit team relied on Joseph’s report without performing any meaningful separate analysis. VIOLATION OF ET90 AND ET101 Joseph and the E&Y audit team for PNC violated the AICPA section 92 and section...
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...directly enhance the health and well-being of children and families” (n.d.) Retrieved from http://www.rmhccoastalempire.org/-mcdonald-house-charities-of-the-coastal-empire-inc. The program offers a cozy environment for the families of sick or injured children who are admitted in local hospitals. The RMCH runs entirely on donations. The Ronald McDonald House Charities of the Coastal Empire (RMHC) is a good selection for a nonprofit evaluation because the agency helps sick children and their families, and the research will be interesting because it is local and also provides easier access to information. The RMCH stakeholders include the severely sick children and their families, the Children’s Hospital of Memorial Health Hospital, St. Joseph’s/Candler Hospital and other medical businesses in the Savannah, Georgia area. The RMCH volunteers and donors are also stakeholders, and McDonald’s is the largest corporate donor. The Ronald McDonald Care Mobile and the Ronald McDonald Family Room are outreach programs that offer family services, dental treatment and health education (n.d.) Retrieved from http://www.rmhccoastalempire.org/-mcdonald-house-charities-of-the-coastal-empire-inc. Other stakeholders are the board members; Amy Henderson, President; Cecilia Russo, Secretary; Bill Sorochak, Executive Director and Carter Eubank, a McDonald’s Owner/Operator. There are 21 total Board of Directors. Additional stakeholders are the staff; Lindsey Dittmer; House Operations Manager; Meghan...
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...thought of success at whatever time. After their marriage, life changed positively, though in a very slow pace. While at work, Joseph came across different practices that were against the company’s policy. He found some of the workmates used to kickback while performing their task. Revealing such a practice to the vice-president might lead to problems. In this confusion of whether to keep quiet or report the matter to the vice-president, Joseph receives a call from his wife that she is Kathryn’s new broker. B: Identify the key ethical issues you can find in the case Conflict of interest Joseph as a sales manager should ensure that the employees adhere to the polices and guidelines within the company. By him finding out that most employees engaged in kickbacks and that they are comfortable with practice made him indifference in his action. This situation made him confused on what step to take. Honesty and Integrity If Joseph raises the issue concerning kickbacks, he is risking losing his job. This is the worst moment considering what he heard about the sales...
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...It allows leaders to focus on the future while addressing present issues. Protestant churches, though not profit driven, have many of same needs as public and private sector companies. They need to precure talented and willing workers, remain solvent, and satisfy the needs of their various stakeholders. As demonstrated by Faith Family Church and St. Joseph’s Parish, strategic leadership principles and concepts have already been integrated, to some degree, in these religious organizations. The two organizations have used the leadership method to handle many of their challenges including vision obtainment and ethical adherence. If Protestant churches in Kentucky rely more heavily on strategic leaders there may be an increase in attendance throughout the state. As previously stated, only a small portion of Kentucky’s residents reported attending church at least once a week. This mean there is an opportunity for Protestant churches to utilize strategic leadership to gain new attendees, increase their human capital and cash flow. The method has already proven useful in many areas and...
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...aA survey on the implications of social networking websites A Research Proposal Presented To: Dr. Rustico M. Agcaoili Jr. St. Joseph’s College Rodriguez Rizal In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science in Information Technology Rey Nanie C. Guevarra 2nd Semester SY: 2010-2011 Chapter 1 The Problem and Its Background Introduction Every one is going crazy over Facebook and Twitter these days. You may have created an account on one of these websites many months back. Every body is familiar in these social networking websites. The researcher does intend to show and explore how young people use them to communicate, share and show off their identities. The researcher will also explore the risks that have been associated with excessive use of these websites, and also explore the responsibility that lies on the providers of these websites. Facebook is a social networking site for ages 13 and over. You can add friends you know by typing in their name at the top of the screen and if they accept then you can talk to them by clicking on the chat button if they're online.. You can send people private messages or can let everyone know by posting it on their profile. You can dowload photos and play fun games. You can stay in touch with people that you haven't seen in years! While Facebook has been a cause for many terminated employments and rejected job applications due to unsavory content,...
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...STRATEGIC HEALTHCARE MARKETING Indian School of Business Term 7 January 6th – February 16th 2014 Thani Jambulingam Ph.D Associate Professor Pfizer Fellow, Arrupe Center Research Fellow Department of Pharmaceutical & Healthcare Marketing Saint Joseph’s University Philadelphia, PA 19131 THANI JAMBULINGAM PH.D. Associate Professor in the Department of Pharmaceutical and Healthcare Marketing at St. Joseph's University, Erivan K. Haub School of Business, Philadelphia, PA. Currently he teaches in Executive Pharmaceutical and Healthcare MBA program (both traditional and online formats, MBA program and undergraduate program in Pharmaceutical and Healthcare Marketing. Thani was instrumental in starting the undergraduate and online programs at SJU. He served as the chair of the pharmaceutical and healthcare marketing department from 2003-2010. Ranbaxy in sales and at Glaxo Inc. in sales and marketing for several years before he returned to school and completed his Ph.D. at University of Wisconsin, Madison. His research interests are in health care marketing, strategy, supply chain and pricing. His work has been published in several journals, such as the, International Journal of Pharmaceutical and Healthcare Marketing, Journal of Medical Marketing, Journal of Pharmaceutical Marketing and Management, Journal of Commercial Biotechnology, Journal of Research in Pharmaceutical Economics Journal of International Marketing, Journal of Operations Management...
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...Downloaded from jme.bmj.com on October 31, 2012 - Published by group.bmj.com Journal of Medical Ethics 1997; 23: 361-367 Marginally effective medical care: ethical analysis of issues in cardiopulmonary resuscitation (CPR) Mark Hilberman, Jean Kutner, Debra Parsons, and Donald J Murphy The Carbondale Clinic, Carbondale, Colorado, University of Colorado Health Sciences Center, St Joseph's Hospital, and the Colorado Collective for Medical Decisions, Denver, Colorado, USA Abstract Outcomes from cardiopulmonary resuscitation (CPR) remain distressingly poor. Overuse of CPR is attributable to unrealistic expectations, unintended consequences of existing policies and failure to honour patient refusal of CPR. We analyzed the CPR outcomes literature using the bioethical principles of beneficence, non-maleficence, autonomy and justice and developed a proposalfor selective use of CPR. Beneficence supports use of CPR when most effective. Non-maleficence argues against performing CPR when the outcomes are harmful or usage inappropriate. Additionally, policies which usurp good clinical judgment and moral responsibility, thereby contributing to inappropriate CPR usage, should be considered maleficent. Autonomy restricts CPR use when refused but cannot create a right to CPR. J7ustice requires that we define which medical interventions contribute sufficiently to health and happiness that they should be made universally available. This ordering is necessary whether...
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...Placing Value on Life: Is One More Valuable Than Another? Cheanel Nolden Introduction to Ethics & Social Responsibility SOC 120 Professor Elizabeth Tinch August 15, 2013 A woman lies in the hospital in labor in January 2007. After more than twenty hours, the doctor and several nurses come in to speak to the woman’s family. Her blood pressure is very high, and she is at risk of having a dry birth. All of this is further complicated by the fact that the baby has a hole in his heart, and has lungs that have not developed properly. The doctor speaks to the woman’s grandmother. She wants to know, in the event of a C-section that could go awry, which patient should be saved – the twenty-four year old mother, or her still unseen baby boy. The grandmother speaks with no hesitation, stating that everything possible should be done to save her granddaughter, meaning that the child could die. Through her tears, the mother begs for just the opposite, pleading for her child’s life to be saved, even if it is at the expense of her own. From her hospital bed, she tries her best to change her grandmother’s mind. Her grandmother firmly maintains that the woman may have other children in the future, and that if she dies today, the grandmother would possibly be left to raise a young child in her old age, and that child may have a disability. Her blood pressure continues to rise as she is overcome with fear and hurt at the prospect of losing this child that she has...
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...satisfying, which is held by many philosophers to be more important than moral conduct. Simply put, ethics involves learning what is right or wrong, and then doing the right thing -- but "the right thing" is not nearly as straightforward as conveyed in a great deal of business ethics literature. Most ethical dilemmas in the workplace are not simply a matter of "Should Bob steal from Jack?" or "Should Jack lie to his boss?" (Many ethicists assert there's always a right thing to do based on moral principle, and others believe the right thing to do depends on the situation -- ultimately it's up to the individual.) Many philosophers consider ethics to be the "science of conduct." Philosophers have been discussing ethics for at least 2500 years, since the time of Socrates and Plato. Many ethicists consider emerging ethical beliefs to be "state of the art" legal matters, i.e., what becomes an ethical guideline today is often translated to a law, regulation or rule tomorrow. Values which guide how we ought to behave are considered moral values, e.g., values such as respect, honesty, fairness, responsibility, etc. Statements around how these values are applied are sometimes called moral or ethical principles. THREE TYPES OF ETHICS Descriptive Ethics: Descriptive ethics involves describing how people behave and/or the moral standards they claim to follow. Descriptive ethics incorporates research from anthropology, psychology, sociology and history to understand beliefs about moral norms. Atheists...
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