...Ethics and Compliance: Amazon.com FIN/370 May 31, 2013 John Wetherington Ethics and Compliance: Amazon.com To assess the role of ethics and compliance in Amazon’s financial environment we examine the procedures that ensure ethical behavior and that business is conducted following ethical standards. Compliance with SEC regulations and the last two years overall financial performance of Amazon will be examined and discussed. . Assess the role of ethics and compliance in your organization’s financial environment. Amazon.com employees, from the Board of directors to the newest employee agree to follow the Code of conduct. All employees agree to act lawfully, ethically and, in the best interest of Amazon.com. They maintain all financial statements, books, records and accounts in appropriate detail. They must properly reflect the company’s transactions while conforming to both applicable law and the organizations system of internal controls. The Company's financial, accounting and legal groups are responsible for procedures designed to ensure proper internal and disclosure controls, and all employees should cooperate with these procedures. Amazon.com in their message to shareholders states that one of the company’s main focuses will be to “make bold investment decisions in light of long-term leadership considerations rather than short term profitability considerations or short term Wall Street reaction.” They have made cash flow a priority over the appearance of their...
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...procedures common to members of a line of business or industry that may be formally adopted sometimes as a rule under government auspices. Wal-Mart has a policy to thoroughly check all regulatory requirements before attempting to import and export merchandise. They also have policies stating that documentation must be complete and accurate and internal controls must be established to ensure compliance with all regulatory requirements, including any record-keeping obligations. Wal-Mart has trade agreements with the Federal Trade Commission and all the countries it trades with. Importance of demographics and physical infrastructure Demographic information includes geographic area, age, income, race, gender, and education level. It also includes shopping habits, marital status, number of children and other information about...
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...Learning Team Reflection Summary Week 1 and 2 Team A has summarized about last week from what we discussed with the discussion questions as well as our individual thoughts about different acts how technology has promoted their change. Last week was our first week of class in which we discussed several different topics relating to business in the computer field. We discussed the ethical challenges surrounding the movie and music industries as they related to the internet, collaborating tools that we use in our personal and work life and different concepts of Microsoft Word that we might not have been aware of. Along with our group work, we were also giving a list of different political acts that have effect the technology world and were told to argue the two acts and why or how they added to the change of technology. Our discussion questions were centered on these topics; ethics in the movie and music industry, collaborative tools used in our work and home life and, capabilities of Microsoft that we may not have been aware of. We have all agreed that it is illegal and unethical to download music and buy bootlegged videos. We believe that because these items have been made readily available to us, that due to the hard work from the individuals involved, it is unfair that they should be allowed to, in one way or another, work for free. Information systems helps individual and business do all kinds of tasks with more...
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...Business Ethics in the Workplace Jamie J. Lear MT3250 – Organizational Behavior Dr. Carl W. Proehl, Jr. November 10, 2013 Abstract Work ethics is a group of moral principles, standards of behavior or set of values regarding proper conduct in the workplace. This is something organizations need to focus on in order for them to succeed and strive to remain on top while the competition in the marketplace is so high. Ensuring your employees know and practice work ethics is important so employees remain loyal to the organization as well as knowing when and how to report an incident no matter how big or small. Companies should always have this information available and periodically have training in this area to keep current with the times and create an environment where employees feel they can talk to their supervisors or managers without fear of retaliation or retribution. In this paper, I will discuss in detail what work ethics are and what organizations can do to help this process. Businesses and corporations that stand and uphold ethics in the workplace tend to show more productivity and less job turnover than companies that don’t support ethics in the workplace. The need for this is essential. In a market where competition runs rampid, companies that practice dirty ethics and customer distrust are on the rise, a company that has integrity and shows promise is the companies that customers tend to favor...
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...[pic] MASTER OF MANAGEMENT CORPORATE GOVERNANCE, ETHICS AND VALUES GSGM7253 TERM PAPER Issues and challenges in cyber ethic PREPARED BY: |MEOR NORULAZMI BIN MAT SALLEH |MD1409MD0030 | Contents Introduction 2 Literature Review 3 Recommendations 6 Conclusion 8 References 10 Introduction This article will highlight the issue and challenges in cyber ethic. It will cover general outlined the concept of cyber ethic and tries to relate it with the globalization of internet which was a way of living nowadays. Have you noticed that the whole world is now watching the same movies, listening to the same music and reading the same books? Of course not 100%, but the majority of the people on the planet do it the same thing as mentioned above. Why these activities happen, whereas they live not at the same location or place? This is what we call it as internet culture. Since the 1990’s, the Internet has a revolutionary impact on our culture. People around the world, start to use communication by instant messaging, electronic mail, interactive video call. Also, watching a movie, discussion and shopping they're using a World Wide Web or website. Today, internet become part of living. I define frequent use of the Internet as...
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...Bargaining Power of Suppliers 9 Bargaining Power of Customer 10 Threat New entrants 10 Rivalry firms 11 Substitute Products 11 Internal environment analysis 12 Core Competencies 12 Strategies and Implementation 14 E-commerce Strategy 14 Pricing strategy 15 Differentiating strategy 16 Location strategy 16 Challenges facing Business environment 17 Uncertainty 17 Unemployment 17 Recommendation 18 Conclusion 19 Executive Summary The purpose of this report is to identify and explain the core concepts of strategic management of a retail industry, David Jones. In conducting this research, academic journals, textbooks, David Jones’ company reports and online news are used as the sources of information. This report analyses the external environments such as macro-environment and industry environment as well as examine the internal core competencies, using PESTEL model and Porter’s Five Factors. Moreover, core strategies and their application will also be addressed in the article. Several key challenges faced by the current business climate and some suggested recommendations for the firm’s future strategy to overcome the challenges will also be taken into consideration. Introduction David Jones Limited (DJs) is a high end Australian department store chain and was founded by David Jones in 1838 when it first opened in Sydney to...
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...Model……………………………………………………………...13 6.0 Ethical & Legal Issues………………………………………………………15 6.1 Business Registration………………………………………………..15 6.2 Obtaining Business Permit and Complying Regulation…………….16 6.3 Acquiring Federal Tax ID…………………………………………...16 6.4 Gaining Internet Domain Name……………………………………..16 6.5 Opening a Bank Account……………………………………………16 6.6 Choosing an Attorney……………………………………………….17 6.7 Establishing Code of Conduct………………………………………17 7.0 Critical Risk Factors………………………………………………………...18 References……………………………………………………………………….20 Appendix………………………………………………………………………...22 1.0 Product, service & industry background In this assignment, we had chosen grocery store as our study. It is categorize in the retail industry. The retail industry has changed from...
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...trends which might impinge on Nintendo and therefore identify the key drivers of change. On the other hand the five forces framework helps to understand how the competitive dynamics within and around the video game industry are changing. The two frameworks are discussed below: PESTEL Framework: This categorises environmental influences into six main types, namely: political, economic, social, technological, environmental and legal. A PESTEL analysis on the video game industry is carried out below: Political: Factors such as taxation policies, foreign trade regulations and social welfare policies influence the video game industry. Video games have a tendency to play with the emotions of people which inturn can threaten peace and law, a country being multicultural. Therefore Government has the authority to control the contents of the video game frames. Economic: Places such as U.S and Japan are largely dominated by the video game business. Therefore contributing towards the GDP of their countries. Interest rates have not much impact on the video game business as they manufacture their own units. The disposable income of the consumers in the video game industry has an effect on their buying behaviour. For example people who fall under a low income range may not afford to buy a video game of a high price. Nintendo’s low manufacturing cost was also one of the reasons for it to sell its games at a nominal price, therefore increasing its sales. Social: The social...
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...of where its strategic focus areas are, but it does sound good for the average customer who has a limited budget. This mission statement leads directly into Walmart Global eCommerce goals which include combining online, social innovations with physical stores to give consumers “anywhere, anytime shopping experience” in addition to its organizational sustainability goal of creating zero waste, using only sustainable energy and selling products that sustain the environment which is important to all of Walmart’s segments including eCommerce. Walmart’s overall objective is to deliver shareholder value by increasing earnings per share, returns and maintaining strong stable returns on investment. According to Walmart CEO, Mike Duke, Walmart’s strategic focus areas are: •Making sure the company has the best retail talent at every level of the organization by recruiting, developing and retaining the best associates; •Delivering on the productivity loop that enables Walmart to operate for less so the company can drive prices even lower for its customers •Being even more disciplined about operating expenses and capital spending; •Investing to serve more customers globally and accelerating the vision of anytime, anywhere access by bringing together best-in-class online, mobile and social capabilities and our more than 10,700 stores; and •Benefiting our communities and having a world class compliance organization. Walmart has been a giant of...
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...capabilities. They are using the Web to buy supplies from suppliers, to make sales promotions, and to do the marketing research. In order to understand the moral, ethical and legal issue, it’s necessary to fully understand the advantages and disadvantages compared to the traditional business (The Economist, 2000b). For the buyers, the main advantage is the sale price will be 9% - 16% lower than in brick-and-mortar store (Varian, 2000). Other factors such as vast goods and services offering are also benefits. However, there is a drawback for some people; the cheaper prices are superficially an advantage because online shopping could not provide them with a gratifying social contract. For the seller, there are two significant advantages which should not be forgotten. It can allow interactive communication among user and distance-collapsing. Companies do not have to pay for the higher rent for the retail stores and warehouses. Most e-business companies use the computer to cut the cost of employees’ wages. Companies do not have to wait for cash as they can use electronic payment. There is also a disadvantage which is hard to improve. The products consumers would like to purchase online are low-touch goods like books and CDs. Also, some of the services are welcome, which can be digitalized like e-ticket and financial services. Some high-touch goods like foods and clothes are hard to sell. The e-business are affected by lots of ethic, moral,...
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...The internet to be precise in its usage or application has brought a lot of dynamism in the music industry especially when it comes to the supply chain. Apart from the dynamism it is simultaneously and gradually replacing the traditional supply chain of the music retail supply change. Thus, the supply chain is now two faced where the traditional supply chain is still working although it has become unpopular and also the new addition which is the internet retail supply chain. This is a global phenomenon and the Ghanaian music industry has not been alienated from this major change. This study aims at identifying the main actors of the internet retail supply chain of music in Ghana not excluding their roles. It is equally aimed at identifying the risks associated with the internet retailing supply chain of music in Ghana and as well as ethics, regulations encompassing internet retailing in the Ghanaian music industry. Qualitative research approach was adopted due to its ability to capture the real life within which events unfold contextually with the ability to study subjects in their natural settings. It has helped in establishing major strengths and weakness that characterize the Ghanaian internet retailing supply chain. Convenience sampling...
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...The Ethics of Marketing to Children: The Unethical Side The Ethics of Marketing to Children: The Unethical Side The Ethics of Marketing to Children: The Unethical Side Contents Introduction: What is Unethical Marketing? 2 Why are Children Targeted? 3 How are Children Targeted? 4 Nag Factor 4 Psychology 4 Brand Loyalty 5 Buzz Marketing 5 The Internet 5 Technology 6 Sexualisation of Children 7 Case Studies 8 Jours Après Lunes 8 Pink 9 Conclusion: What can we do? 10 Bibliography 11 Introduction: What is Unethical Marketing? Unethical marketing is a complex topic. Whether practices are considered ethical or not can be openly discussed and examined. It is not until we have a clear understanding of what ethics is that we can begin to examine the unethical side of marketing. Ethics is known as the study and the philosophy of human behaviour, with an emphasis on the determination of right and wrong. For a marketer it refers to rules, such as standards and principles, and the significances of marketing decisions (Ferrell, 2005). Ethical marketing can be defined as “practices that emphasize transparent, trustworthy, and responsible personal and organizational marketing policies and actions that exhibit integrity as well as fairness to consumers and other stakeholders” (Murphy, Laczniak, Bowie and Klein, 2005). If ethical marketing seeks to promote honesty, equality and responsibility, therefore unethical marketing endorses a dishonest...
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...ETHICS IN INFORMATION TECHNOLOGY Third Edition This page intentionally left blank ETHICS IN INFORMATION TECHNOLOGY Third Edition George W. Reynolds Australia • Brazil • Japan • Korea • Mexico • Singapore • Spain • United Kingdom • United States Ethics in Information Technology, Third Edition by George W. Reynolds VP/Editorial Director: Jack Calhoun Publisher: Joe Sabatino Senior Acquisitions Editor: Charles McCormick Jr. Senior Product Manager: Kate Hennessy Mason Development Editor: Mary Pat Shaffer Editorial Assistant: Nora Heink Marketing Manager: Bryant Chrzan Marketing Coordinator: Suellen Ruttkay Content Product Manager: Jennifer Feltri Senior Art Director: Stacy Jenkins Shirley Cover Designer: Itzhack Shelomi Cover Image: iStock Images Technology Project Manager: Chris Valentine Manufacturing Coordinator: Julio Esperas Copyeditor: Green Pen Quality Assurance Proofreader: Suzanne Huizenga Indexer: Alexandra Nickerson Composition: Pre-Press PMG © 2010 Course Technology, Cengage Learning ALL RIGHTS RESERVED. No part of this work covered by the copyright herein may be reproduced, transmitted, stored or used in any form or by any means graphic, electronic, or mechanical, including but not limited to photocopying, recording, scanning, digitizing, taping, Web distribution, information networks, or information storage and retrieval systems, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission...
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...Introduction to Retail Retail comes from the French word retailler, which refers to "cutting off my hands, clip and divide" in terms of tailoring (1365). It first was recorded as a noun with the meaning of a "sale in small quantities" in 1433 (French). Its literal meaning for retail was to "cut off, shred, off my toes paring".[2] Like the French, the word retail in both Dutch and German (detailhandel and Einzelhandel respectively), also refers to the sale of small quantities of items. Retail consists of the sale of goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser.[1] Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a "retailer" buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells smaller quantities to the end-user. Retail establishments are often called shops or stores. Retailers are at the end of the supply chain. Manufacturing marketers see the process of retailing as a necessary part of their overall distribution strategy. The term "retailer" is also applied where a service provider services the needs of a large number of individuals, such as a public utility, like electric power. Shops may be on residential streets, shopping streets with few or no houses or in a shopping mall. Shopping streets may be for pedestrians...
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...2014 Divisional strategy analysis and evaluation report: Pick n Pay Stores Limited BCom Honours (Strategic Management) Strategic Management (STM8X09 Group Assiggnment Students (Authors): Name & Surname 1. Molefi Nyofane 2. Wayne Fisher 3. Wilson Nkunjana 4. Kamohelo Makhetha 5. Bulelani Mini Student numbers 200618193 201002263 201001767 201238497 201005015 About the report: This report analyses and evaluates the Pick n Pay (PnP) Stores Limited strategy with reference to the company’s division which covers Gauteng, Free State and Northern Cape Province retail stores. However, we used Gauteng stores for the analysis of PnP’s strategies. This report critically evaluates the PnP vision, mission and values within context of their internal and external environment. A proper strategy of a company should have achievable, realistic, and measurable strategic objectives. Therefore, PnP strategic objectives are analyzed based on these factors. The strategy sustainable growth with reference to the social, ethical and environmental duties that PnP should consider in their strategic formation will be also be evaluated. Lastly the report critically evaluates the implementation of the strategy of PnP Stores Limited with reference to the division mentioned The region contributes 60% percent of the company turnover and there are about 170 stores in total across these three provinces. 5/12/2014 Strategic Analysis Report Indemnity Declaration: We, The Strategic Management BCom...
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