China is a Cyberthreat to America Many Americans believe that China is a cyberthreat to America. A cyberthreat is defined as the possibility of a malicious attempt to damage or disrupt a computer network or system. There is a number of reasons many American citizens and government officials feel threatened by China. If China ever successfully hacks into Americas data base systems,there would be a major economic downfall. But some also think that the threats are due to Americas weak cyber policy.
Ethicality of Accounting Activities The WorldCom case is an example of unethical behavior performed by a company by abusing accounting activities to reflect misleading financial information. In this case the main cause of this unethical behavior is greed and neglect by the executives that allowed and encouraged this behavior. On the other hand, WorldCom employee Cynthia Cooper is a prime example of ethical behavior that took place to uncover the wrong doing of individuals. Upon reading an article of a former financial analyst, Cynthia Copper’s mind was intrigued, an audit was conducted on capital spending. In the WorldCom and Cynthia Cooper case unethical behavior was evident in multiple departments and involved top key players that tried to cover up the fraud.
The purpose of the SOX Act in response to the fraudulent and misleading activities of large corporations such as Enron, Health South, Xerox, Global Crossing, and almost one thousand publicly traded companies. Fraud is defined as “a dishonest act by an employee that results in personal benefit to the employee at a cost to the employer” (Kimmel, Weygandt, & Kieso, 2011). The afore mentioned companies and many others committed fraud when they willingly published false and/or deceptive financial statements making their companies look like they were making huge profits, therefore causing their stock prices to soar and enticing the public to by more and more shares of their companies. Unfortunately, when the truth came out, the fraudulent actions of a few resulted in the loss of almost $5 trillion of stock market value and an undetermined amount for stockholders. Because of this fraudulent action, Congress had no choice but to intervene and pass legislation that would curtail this illegal
Application: Social Accountability in Central America Social Accountability in Central America. In this Tim Vickery's article it focuses principally of the conditions violations of human rights towards the workers and of the corruption of the governments and of the transnational ones in Central America. The transnational ones to expire with the demands of his products and to support acceptable costs, try to reduce costs to almost enslave his workers and the governments realize this but to avoid to scare the capital of these companies ignore these slightly ethical activities, clearly receiving bribes of the same companies. Answering the
Throughout the article, the author says “The shoplifter creates a third choice of her own: she takes the products she has been conditioned to desire without paying for them… Shoplifting is the most effective protest against all … modern corporations” (Ex-workers Pg. 2). The purpose of this article and its use of logos is to inform the reader of the how the big corporations are cheating them out of their money and how they can “stick it” to them. Ethos, pathos, and logos are all rhetorical strategies that are used to inform and convince the reader of the continuing problem of big corporations cheating people out of their hard earned money. The logic and the papers emotional pull all contribute to the credibility of the author and what she has to say.
Article Analysis Over the past several years, unethical business practices, specifically in the accounting and financial categories, have made the news headlines frequently. Corporate America has been hit by greed and an overwhelming desire to make money at any cost, including sacrificing strong ethics and a proper moral code. Unethical situations include treatment of employees and stakeholders, manipulating financial reporting, and selling known unsafe products. Manipulating financial reports most often begins at the top management within a company (Clement, 2006) in an effort to boost salaries for those senior executives. Hiding accurate earnings, reporting inventory sold when it was not, and recording erroneous cash flows are just some of the ways that corporations have used to side step proper ethics.
When corruption occurs it damages the reputation of the employees and the business. Society relied upon this firm to assist in making them money but the firm was more concerned with their bottom line. Many of the individuals doing business with these firms lost their life savings and destroyed some of the trust that investors have with the Wall Street firms. It makes people have second thoughts about investing in the stock market. Another effect this unethical behavior had on these organizations been they agreed to pay a penalty of over $1.43 billion dollars as compensation to the victims.
He writes, ”Her voice was filled with money” (Fitzgerald, P. 187) referring to Daisy talking with the other townspeople. Fitzgerald also said, “They were careless people, Tom and Daisy they smashed things up and then retreated back to their money.”(Fitzgerald, P. 197) This shows the importance of money to people and how they act because of it. In the Roaring Twenties, Allen foreshadows the Wall Street crash from money being spent carelessly. Allan said, “ A bull in the market caused the prices to soar”(Allan, 5.1) talking about people spending money that they don’t have, making the prices increase. He also said, “ But few are aware of the doom it portends”(Allan, 5.2) referring to the crash that’s about to happen.
By placing high taxes on imported luxury goods, he inadvertently encouraged smuggling. Philip's monstrous palace and monastery at Escorial had consumed much of Spanish wealth.” (http://www.hyperhistory.net/apwh/bios/b2philip2-spain.htm). Clearly states that Philip II did not value his money at all. He owed 36 million ducats with an annual deficit of 1 million ducats; this was because of his recklessness with money and because of all the money he wasted on wars. Aside from reducing state revenues for overseas expeditions, the domestic policies of Philip II further burdened Spain and would in the following century, contribute to its decline.
LAW 204 – Assignment 4 In AstroTurfing, 'CyberTurfing' and other online persuasion campaigns , Mark Leiser argues that further regulation is required to combat CyberTurfing because it poses a threat to consumer trust and democratic discourse. This is due to consumers reliance on heuristics, the manipulation of digitally mediated platforms, and the inadequacy of current regulation. Due to its threat to consumers and democratic discourse, further regulation is required to combat CyberTurfing. CyberTurfing involves the use of paid agents to spread false information to consumers and create a false impression of support for a product, service, or ideology. Consumers rely on heuristics when making complex decisions, including decisions on what