Family Business Case LS 312-02 Ethics and the Legal Environment Kaplan University 4-27-14 INTRODUCTION The stakeholders in the “Family Business” case are Brad the owner, the employees, R and S Electronics, Eddie the General Manager, Greg the service technician, and Jane the head of the Payroll Department. The interests of the stakeholders are to run a smooth, profitable business. Jane’s interest is to insure the employees get paid correctly and to manage payroll. The employee’s interests
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wrongs or do's and don'ts that prescribe how companies and individuals should act in conjunction with values and morals. For example, a company dumping toxic chemicals into a river and then bribing a local official to cover it up would not be an ethical practice. Most corporations in the United States have adopted some sort of ethics plan as their moral philosophy and everyone from the CEO to the mail clerk are responsible for adhering to these standards. In today's world, customers want to know
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there is a thin line between what is ethical and what is legal. Transferring of music downloaded from a website, even if paid for, can be unethical. At the same time, it can be considered illegal practice. For example, if I download a song from the internet and pay five dollars for that download. Is it ethical for me to make a copy of that song for my best friend? Some might consider it unethical since that friend did not pay for the music. If I consider it ethical, can I also make 50 copies for all
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Kudler Fine Foods Ethical Program XMGT/216 May 8, 2011 Kudler Fine Foods Ethical Program In order to build an Ethical Organization Profile it is very important to understand the culture and operations of the business. Kudler Fine Foods is an upscale specialty food provider. Kudler places strong emphasis on quality and the ability to provide one stop shopping for the finest foods across a large spectrum of products. The company currently has three locations that boast 8,000 square feet
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Ethical Principles Paper Joe Garcia PSY/305 June 29, 2016 Dr. Christa Branton Ethical Principles According to the American Psychological Association (2016), “in psychology, APA’s Ethical Principles of Psychologists lays out the standards of psychologist and identifies behaviors that deserve punishment” (Ethics). It also identifies the Ethical principles issues, issues that have been violated
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old as Alumina’s first instance of environmental law violation” (University of Phoenix, 2002). These allegations were reviewed by Alumina’s legal counsel and handled to keep the company from further litigation that would only serve to tarnish the company’s reputation. This paper will illustrate key facts, regulations and legal issues in the Business Regulation Simulation. It will address the values, conflicts among the stakeholders and ethical dilemmas with the multibillion dollar company. A legal
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relationship and a social or personal relationship (Paavillainen & Astedt-Kurki, 1997). Also, it is significant for all health-care professionals to recognize the differences between boundary crossing and boundary violation. The difference between a boundary crossing and boundary violation, as stated by Gutheil (2008), is that, “Boundary crossings are considered minor deviations from traditional psychotherapy that neither harm nor exploit the
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Introduction A chief executive officer cannot simply make the decision that is best for her without considering the interests of other employees, stockholders, customers, suppliers, creditors, and so forth. Integrity is the cornerstone of ethical business practices. Failure to build a business on integrity carries costs. For example, deceptive business practices may harm a company's standing in the community, decrease employee productivity, reduce customer loyalty, build resentment among employees
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Legend Oil and Gas, Ltd. (the “Company”). Covered Persons have an obligation to the Company, its investors and the investment community in general to maintain the highest standards of honest and ethical conduct. In recognition of this obligation, the Covered Persons have adopted the following standards of ethical conduct. Adherence to these standards is integral to achieving the objectives of the Company and its investors. None of the Covered Persons shall commit acts contrary to these standards nor shall
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Chapter 3 3-23 a. (2) The report includes additional paragraphs for the definition and limitations of internal control. b. (3) Completion of all important audit procedures. c. (3) Portion of the financial statements audited by the other auditor. 3-24 a. (3) Unqualified opinion. b. (4) Unqualified opinion with explanatory paragraph. c. (1) Indicate a division of responsibility. 3-25 a. (3) A qualified “except for” opinion or adverse opinion. b. (2) Management does
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