Assignment 2: Ethical and Socially Responsive Business Strayer University Business 100 Professor Michael Simms Ethical and Socially Responsive Business Although all areas of the Cheesecake Factory’s code of ethical conduct is important for the success of the company, there are a few key areas of the company’s code of ethical conduct that are of significant importance for The Cheesecake Factory. The first occurs in Article IV, in the “Conflicts of Interest,” section that pertains to transactions
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compliance. If IKEA singles out Rangan Exports, they could risk some sort of discrimination suit. Additionally, if there are more suppliers in violation of their contract besides just Rangan Exports, these will also eventually come to light in the public eye. If IKEA chooses not to terminate the contract with Rangan Exports and/or other suppliers in violation of their contract, they risk losing respect from the public eye including possible tarnishing of their brand image, etc. These effects can lead
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culture that was envisioned – the culture of a company reflects the behavior of its leaders. Therefore in bringing forward the change, it is best to have alignment with the leadership team. Question #2 Why would you endeavor or try to develop an ethical programme for
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CONTRACT LAW KENNETH D ROBINSON JR BUSINESS LAW 311 GARY GENTRY 9 JUNE 2014 Abstract A Body of law that governs oral and written agreements associated with exchange of goods and services, money, and properties is recognized as contract law. Contract law includes topics such as the nature of contractual obligations, limitation of actions, freedom of contract, privity of contract, termination of contract, and covers also agency relationships, commercial paper, and contracts of employment
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1. Examine your ethical climate and put safeguards in place. Corporations are composed of cultures. Take a good close look at your culture. What are the norms of behavior? What is valued? Are employees rewarded for succeeding at any cost or are they urged to be shepherds of the corporation's reputation as well as its assets? What pressures do they face to commit misconduct? What systemic problems exist that could encourage good people to make bad decisions? Consider conducting a formal assessment
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Global Finance Environment Paper FIN/403 May 4, 2008 Globalization refers to the merging of national markets into one huge global marketplace. In today’s market, selling internationally is much easier due to falling barriers in cross-border trade. Now businesses don’t have to be industry giants to operate and succeed in global markets. Although it can be beneficial to offer a standard product that can be used worldwide, significant differences still exist between national markets such
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exercise, it can be concluded that the functions of management have a strong correlation to the decision making and problem solving skills of the individual exercising the functions of management. Furthermore, the sport managers who are making the ethical decisions based upon the functions of management must possess a comprehensive understanding that decisions can and should be made either on an individual basis or they should be made in a group with qualified individuals. Either way decisions are
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from questionable suppliers Wal-Mart has long been criticised for not providing adequate supervision for its overseas suppliers and has been charged for using prison labor and sweatshops. Despite the seeming strict global sourcing standards,legal violations and non-compliance of
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Thinking Critically about Ethics MONDAY Carl was in violation of the following model rules at various times throughout the day. He appears to be in violation of Model rules 1.8, 1.5 as well as the Ethical Considerations that apply being EC- 1.5 (a), EC- 1.7(a), EC 1.6(a) TUESDAY Carl didn’t do much better on Tuesday when he managed to violate Model Rules 1.8, 1.5 and the accompanying Ethical Considerations EC-1.5 (e), EC-1.6 (a) WEDNESDAY Carl appears to have disregard ABA Model
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Administrative Ethics Paper: Cignet Health Care Anna Administrative Ethics Paper: Cignet Health Care Health care administration have to deal with many ethical problems; one being HIPPA’s regulation. Heath care administration need to insure patient that their information is safe and patients have access to their medical information. In recent months Cignet health center has been found they are not following the privacy provisions of the Health Insurance Portability and Affordability Act (Amednews
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