This essay will outline events that lead to the fall of Nortel network, a very successful Canadian maker of telecoms equipment in the late 1990’s. Nortel was huge and ranked as one of the largest firms of the world. This success did not last long as acquisitions of fraud, misalignment of funds among other unethical behavior were occurring. Small investors and stakeholders incurred the biggest loss. Nortel Network, a Canadian technology company was considered a fast-moving giant. The company was
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Paper “I’m damned if I do, and I’m damned if I don’t,” (Old Saying). Life is filled with hard choices. In fact, the line between right and wrong action can be so blurred at times, that the morally correct action can truly be a mystery. This is why ethics is so important; because it allows one to sharpen their intellect and be able to discern right action from wrong. However, one part which even gives ethical reasoning a run for its money, is a decision where both outcomes are, by all estimations,
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The disadvantages Elaine faces for rejecting all those loans are that her husband can possibly lose his job because of his commissions slipping. This can jeopardize their Childs education, the can lose their home, and Elaine can possibly lose commission on a big loan because of a of her decision not to grant a loan that is an investment of 10 billion dollars over a period of years. The advantage of rejecting these loans based on her moral courage may actually be good for the company in the long run
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BP OIL SPILL Under the Deepwater Horizon, an offshore drilling ring of British Petroleum (BP) caused an oil spill in the Gulf of Mexico. The incident occurred on April 20th 2010, where equipment failed and caused the explosion sinking the ring, and causing the death of 11 workers and more than 17 workers injured. The British based energy company also faced other problems at the site of the oil spill. More than 40 million gallons (estimated data) of oil spewed into the Gulf of Mexico. Oil spill
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Ethical Dilemma: 8 Men Out After watching the film 8 Men Out, the ethical dilemma became very clear as to what happened in the 1919 World Series. The ethical dilemma was the decision of whether or not to accept payment from gambling boss’s to intentionally lose 5 games during the World Series. Obviously the amount the 8 players were offered was greater than the salaries they were paid to play all year. If they could each make $10,000 in 5 games just to loose, why not? The ethical decisions the players
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Running Head: WORLDCOM AND ETHICS IN ACCOUNTING 1 WorldCom and Ethics in Accounting Brian Bartram Professor Hogan Strayer University Accounting 557 11/05/2012 WORLDCOM AND ETHICS IN ACCOUNTING 2 There have been many corporate and ethical breeches over the years in financial record keeping but it is believed that the current business and regulatory environment is conducive
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Administrative Ethics Paper Sarah Falsey HCS/335 October 8, 2012 Leah Alexander Administrative Ethics Paper The topic chosen was Massachusetts General Hospital. This paper will go over the issue and its impact. It will also include arguments or facts to support the proposed solution. We will also touch on the ethical and legal issues involved with the release of 196 patients’ medical information. The issue is that 196 patients’ records at the hospital’s Infectious Disease Associates Practice
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Tasha Wright November 6, 2012 Checkpoint: Impact of Unethical Behavior ENRON would be a vivid example for individual’s immoral behaviors that affect millions of people for a long time. A lot and must accountants will be charged for preparing accurate financial information for companies and businesses and for whoever they work that examine. Investor’s can only see the internal management and they use the resource by the company that’s why investor’s rely big on that type of information. It’s very
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Cha Xiong PHL 323 Ethics in Management June 25, 2012 Personal Ethics Development While growing up, we have been taught what to do and what not do. We are taught on beliefs, ethics, morals, values, and to respect others. Different countries have different cultures, ethics, religions, and beliefs. Everyone believes that his or her ethic, belief, religion, and value are the only one that existed and others should follow. Most of the people still do not know who is right, who is wrong
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Peter Singer – “Famine, Affluence, and Morality” Dora Crawford Prof. David Tredinnick 12/19/2012 When it comes to the article "Famine, Affluence, and Morality" mostly argues about not one but more than several things. In some point most people can agree with his arguments unlike others whom may not see his point of view. One of these arguments was lack of food. This was brought up or inspired by the starvation of Bangladesh his main focus was that if one can use one's
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