practice if this is the organizational culture finds this as an acceptable practice. As in the case of Lehman Brothers, the top level executives demonstrated this type of unethical behavior and encouraged the employees to behave in the same way. Employees quickly realized there are no internal controls in place to prevent them from practicing unethical behavior and ultimately spilled over into their business dealings. Why? The reason is less risk of getting caught for this type of behavior. The company
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I got an A on the paper. Business Research Ethics Elizabeth McUne RES/351 January 14th, 2013 Abdulhamid Sukar Business Research Ethics In the article “Conflicted Medical Journals and the Failure of Trust” the issue of pharmaceutical businesses and their research, and how it is presented is outlined. The article covers one of the largest controversies with business research conducted by GlaxoSmithKline (GSK) and how the results were skewed and then reported by many medical journals as
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Corporate strategy, Governance and Ethics in the Global Environment A case study of AstraZeneca Introduction: The topic chosen for the assignment is ‘critical appraisal of the corporate strategy, governance and ethics of AstraZeneca within the global environment’. This assignment will be divided in four main parts. The first part will discuss the general background and reasons for choosing the topic. The second part will be the main body which is subdivided into following headings: * Critical
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and the imposition of the penalty in case of violations. The Public Accounting oversight Board (PAOB) was then created to enforce all the issues identified under the above act (Jennings, 2012). This legislation was imposed on employees of public companies who are responsible for disclosing financial statements. Although this legislation seemed new, it can be argued that all the issues addressed could have been covered by enforcing already existing code of ethics within any of these organizations
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__________________________________________________________ ETHICS IN SUPPLY CHAIN Vipul Chalotra* __________________________________________________________ ABSTRACT: Today, supply chain management is a well recognised area of academic debate. It has an international presence, with both practitioners and academics alike recognising that it’s an important area of management. An ethical supply chain is paramount to the success of modern business. Through fair and ethical interaction with suppliers
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World-Class Bull “When does a so-called smart sales strategy cross the line to become deceitful?” (Humphreys, 2009) Which business risk represents the greatest threat to shareholder value: Natural disasters? Product defects? Piracy? Patent infringement? Lack of ethical boundaries? (Rudin, A. 2010) The World-Class Bull case study explores the ethical boundaries and challenges that a company will face when it is discovered that one of their top salesman, Chris Knox, takes on the challenge
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provides the expedient case study for studying the concept of financial principle in the competitive economic environment. The current paper discusses the approach of financial management with correct application of ideas to create value and economic efficiency through analysis of financial transactions to establish the position of Guillermo in market. The Finance Concepts found in the Context of the Scenario Financial principles, financial markets, and business ethics form a foundation for the
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Case Study 1: Management of Corporations Legal Issues According to (Harvey v.Facey, 1983), there was no intention disclosed in the offer, therefor, Greg’s acceptance was not legally binding. Upon a sample contract with Innovative Designs, it states numerous times throughout the contract that a person shall not work in similar services as he works in the organization to earn profit for his own (Sec.gov, n.d.). Furthermore, one shall not do similar work for up to three months after termination of
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Business Benefits to Hewlett-Packard Suppliers from Socially and Environmentally Responsible (SER) Practices in China A Case Study November 2008 By: Sonali Rammohan Socially and Environmentally Responsible Supply Chains Program Global Supply Chain Management Forum Stanford Graduate School of Business Business Benefits to Hewlett-Packard Suppliers from Socially and Environmentally Responsible (SER) Practices in China Executive Summary In recent years, the electronics industry has made
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