1 ETH 501 Business Ethics (Professor’s Name Here) (Date Here) First and foremost, I will introduce the two companies or parties: Bank of America and Wikileaks. Bank of America is the nation’s largest bank holding company and financial company that serves individual consumers, small and middle market business, corporations and governments. The services provide range from banking, investing, and asset and risk management. (Bank of America) On the other
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Ethics is a branch of philosophy that focuses on the moral, philosophical characteristics from formal, systematic and ethical principles. Moral judgments are calculated from ethical principles which need to be applied as a standard for everyday choices in life and business. This is directly related to the decisions human beings make. Cavico (2009) states utilitarianism is more than just moral philosophy. It is a way of reformation and used extensively in government decision making. This will be discussed
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Bank of America research paper Kim Adams Wilmington University Bank of America's history dates back to 1904, when Amadeo Giannini founded the Bank of Italy in San Francisco to cater to immigrants who were denied service from other banks. Shortly following the opening of Bank of Italy the San Francisco earthquake struck, causing most banks to halt all lending practices. Giannini managed to rescue funds to start lending within a few days of the disaster to those who was willing to rebuild
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Running head: PROFESSIONAL VALUES AND ETHICS Professional Values and Ethics University of Phoenix Professional Values and Ethics What is the difference between values and ethics? Values are rules by which people make decisions about what is right versus wrong; good versus bad and what one should or should not do. The definition of values according to Dictionary.com is “the ideals, customs, institutions, etc., of a society
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Running head: CAUSE OF ECONOMIC CONDITIONS IN THE UNITED STATES AND THE UNETHICAL BUSINESS THAT LED TO IT Final Paper James Smith Hodges University GEB/PAD 6376 Dr. Forrer Week Due: 14 Due: 08/14/2011 Submitted: 08/10/2011 INTRODUCTION (Part 1) Why has the unemployment rate been above 12 percent for the last several years? Why have so many prior successful businesses closed in the
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TITLE OF THESIS: THE IMPACT OF CORPORATE AMERICA DOWNSIZING FOR BANKS ON CORPORATE ETHICAL STRATEGY THESIS STATEMENT The thesis statement of this research paper is “The impact of corporate America downsizing for banks on corporate ethical strategy”. The paper shall cover issues such as the causes of downsizing, how to go about the downsizing process, impacts of downsizing and measures that can be put in place to curb such adverse impacts to the downsized and those employees left behind at
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Module 1 – Case Study ETH501 – Business Ethics Introduction Making moral decisions in today’s workplace is sometimes a very difficult task. In the business world of today, society expects that large corporations will make moral decisions that will positively affect its business and its patrons. Recently, Wikileaks (not affiliated with Wikipedia) has been in the national and world spotlight as a corporate bad guy because it made the decision to release what is considered vital information
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businesses both large and small only think about their own interest are diminishing. In today’s business environment, many companies understand how society can affect the reputation, and profitability of the business. It is important to have an effective strategy that embraces a top-down approach to being proactive to environmental, compliance, and social issues in their business operations. In terms of XYZ Bank, the enterprise has a solid social responsibility strategy, but senior leadership should consider
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FOREWORD 3 CHAPTER 2 – INTRODUCTION 4-5 CHAPTER 3 – BUSINESS AND CORPORATE STRATEGIES 6 CHAPTER 4 – ENTRY DECISION AND MODES OF ENTRY 7-8 CHAPTER 5 – ENVIRONMENTAL FACTORS 9 CHAPTER 6 – MARKETING STRATEGIES 10 CHAPTER 7 – INTERNATIONAL HUMAN RESOURCES 11 CHAPTER 8 – POLICIES ON ETHICS AND CORRUPTION 12 CONCLUSION 13 CHAPTER 1 - FOREWORD This is the study of the United Overseas Bank of Group (UOB) regarding their foreign operation including how they
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downfall. Federal prosecutors with the U.S. Department of Justice have recently decided to not continue pursuing charges against Bank of America, the company who acquired Countrywide (Morran, 2016). In 2014, a federal jury found that Bank of America was liable for violating federal law in relation to its mortgage related unethical behavior. The court ordered Bank of America to pay over $1 billion dollars as a result. However, an appeals court overturned the lower court’s decision based on a technicality
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