Western Oregon University Abstract In this paper we demonstrate how to focus an empirical application in reaching an ethical decision by working with the Potter Box, a model created by Ralph Potter as an analytical tool assessing the ethics of corporate decision-making, The facts emerging in news accounts regarding lawsuits against the pharmaceutical company Merck and its painkiller Vioxx are analyzed for ethical consideration. Utilizing the Potter Box model, the case against Merck can be interpreted
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| 1 | Relations with Home Govt | It is the Company’s policy to comply fully with all applicable laws and regulations governing contact and dealings with government employees and public officials, and to adhere to high ethical, moral and legal standards of business conduct. This policy includes strict compliance with all local, state, federal, foreign and other applicable laws, rules and regulations. If you have any questions concerning government relations, contact the Company’s Legal Department
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Whistleblowing and Ethical Motivations Marie Whitehead Soc. 120 Introduction to Ethics and Social Responsibility Prof: Christopher Messer March 31, 2014 The term whistleblower was first used in England and referred to the practice of British police officers blowing a whistle when a crime was being committed. This would then raise the alarm to other law enforcement officers to alert them that something was endangering the public (Princeton, n.d.). Today, however, the term shares a much broader
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_____ 1. What is the common characteristic of Aristotle's virtues and ethical standards for CPAs? A. Truthfulness B. Integrity C. Loyalty D. Due care Jane finds a material misstatement while auditing a client's accounts receivables. Her senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be viewed as a team player in order to advance in the firm. So Jane follows her senior's instructions and ignores the misstatement. Which ethical theory did Jane
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Sons Australia, Ltd 2013 Chapter 2 –Ethics, legal liability and client acceptance REVIEW QUESTIONS 2.11 Explain how compliance with each of the five fundamental principles in APES 110 contributes to the ability of the auditor to discharge the duty to act in the public interest. The fundamental ethical principles that apply to all members of the professional bodies are to act with integrity, objectivity, professional competence and due care, confidentiality and professional behaviour (APES
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THE CASE FOR ETHICAL BEHAVIOUR IN TODAY’S BUSINESS ENVIRONMENT Despite the presence of professional ethical codes designed to govern professional conduct in specific industries, there has been numerous cases of unethical conducts which have led to the collapse of great companies in the past such as Enron and Worldcom. In recent times however, many organisations have been taking practical steps to incorporate ethical principles in the daily operations of the business in. The importance of business
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help managing internal operations by way of good decisions. Furthermore, how companies apply working knowledge of computers and ancillaries to evaluate how business problems can be solved. Moreover, how businesses use the aforementioned tools to facilitate ecommerce through the use of business to business and business to customer technology. INFORMATION SYSTEMS IN BUSINESS What's the Buzz on Smart Grids? Case study 1. How smart grids differ from the current electricity infrastructure in the United
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Clearly define the ethical problem. I see the ethical problem as a twofold issue here. The first being SFC Sharp has failed in some form ensure that those pages were properly destroyed as he had previously certified there proper disposal. The second is SGT Day’s misguided loyalty towards the apparent security infraction that SFC has intentionally or unintentionally created. I must speak to someone now about what I have discovered and to address SGT Day’s response to what has happened. I would
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having a belief that stereotypes can affect their behaviour and judgement’ (Charnley et al 2009: 195). Stereotyping as well as prejudice are considered as an adaptive processes product, which simplifies complex world towards enabling individuals to apply cognitive resources towards various tasks. Nevertheless, despite the function served by cognitively adaptive processes by use of mental shortcuts to make decisions regarding other people can result in serious negative outcomes (Smith 2008). The
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Ethical Relativism 1. Ethical Relativism: In this lecture, we will discuss a moral theory called ethical relativism (sometimes called “cultural relativism”). Ethical Relativism: The view that what is morally right or wrong is dependent upon what one’s culture believes is right or wrong. In short, if your society or culture BELIEVES that some action is morally wrong, then it IS morally wrong for everyone within that society. Businesspeople often claim something similar. They say, for instance
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