Key Issues:- Although Thembeka has set up a good business in the field of jewellery but their some challenges that company were facing during their supply chain. Vonkel has to consider all those challenges before expanding their business. Following are the issues of Thembeka that they were facing:- 1. They were unable to locate the stock efficiently from their inventory which resulted in frequent stock out during the peak demand periods. In this case their inventory is placed in various outlets.
The entire Asian Investment Banking division was laid off and given severance packages. This is an evident example of utilitarianism on behalf of Global Investment Banking. The company made the ethical decision to downsize because it would be beneficial to the majority of people who worked at the company. In addition there is a concrete distinction between being fired and being laid off. In this case the individual was laid off and given a severance package because Global Investment Banking was down sizing and as a result they no longer required the positions.
There were some WorldCom directors who made entries, but didn’t know what they were for and GAAP support (Mintz & Morris, "Case 2-1 Cynthia Cooper and WorldCom," 2011). An audit committee meeting took place, where the truth was reveled about the “prepaid capacity” and the misleading entries. It was mentioned that there were good business reasons but no accounting rationale for the entries (Cynthia Cooper and WorldCom). According to Mintz, “the due care standard calls for continued improvement in the level of competency and quality of services by performing professional services to the best of one’s abilities” (Mintz and Morris, Ch.1, 2011). Mintz, S. M., & Morris, R. E. (2011).
Business Research Ethics RES/351 May 28, 2012 Negussie Nega, M.A., DM What unethical research behavior was involved? In 2002 Citigroup Inc. was part of a lawsuit where analyst released biased information concerning stocks to the investors causing many individuals to lose money. The memo stated the analyst was reluctant to release the information because they fear a backlash from the investment bankers. The unethical behavior in the article was that several securities firm violated a basic ethics code when the research department doctored number that misleads the investors. The investors purchased stock based on tainted research.
Out of the many parties in the league and the major force behind the debacle of Enron concern Andersen's, the accounting and auditing firm that once deserved name in the industry for its conscience in accounting professional services and auditing. The interesting feature is that some compromise in the profession of accounting services by Andersen's was notable, given that there are noteworthy feature of stock manipulation, especially in financial statements of Enron attended and audited by Andersen's. 2. List three types of consulting services that audit firms are now prohibited from providing to clients that are public companies. For each item, indicate the specific threats, if any, that the provision of the given service could pose for an audit firm’s independence.
As described in this case, MCI falsified its financial statements for many years. Walt Pavlo, who was in charge of accounts receivable for the company allowed to control the Accounts Receivable system because he was the creator and developer. The lack of segregation of duties took place at MCI because the same employee was able to receive payments, update accounts receivable records and/or reconcile the company’s bank account. In the case of Walt Pavlo, he felt extreme pressure from his superiors to meet revenue projections. The employees and executives of MCI similarly knew where the numbers needed to be in order to meet those projections.
Case Study, Jack Carlisle, CIO Executive Summary IZL Corporation hired Jack Carlisle to restructure and reorganize the IZL IT department. The company was going through major turmoil in which the CEO Chuck Hansen was replaced by CEO Jim Giles and another SVP, Carl Strati. Jack Carlisle must assess the problems within the company and implement tactical and strategic changes. Carlisle must align the current business strategy with an aged information department that does not support business strategy. Other problems include the company having a lackadaisical business strategy, internal conflicts among upper management, an information technology department that has not been well run and is frequently criticized by peer executives, and a lack of integrated business objectives that do not align with information technology objectives, the inability to prioritize projects due to unclear business objectives.
| Case Analysis | Empress Luxury Lines | | Naomi DukesNovember 3, 2012MGT 500Dr. Glenn RodriguezStrayer University | | | Case Analysis: Empress Luxury Lines Introduction An ethical issue is present in a situation when the actions of a person or organization may harm or benefit others (Daft, 2010, p. 130). Ethical or unethical decisions in business can have far reaching implications because of the many stakeholders involved. The Empress Luxury Lines case study details the decisions and activities of the organization and its upper level management. Kevin Pfeiffer, a computer technician on new hire probation, was asked to act unethically in regards to an insurance claim.
Cross Functional Alignment in Supply Chain Planning: A Case Study of Sales & Operations Planning Abstract In 2002, Leitax, a niche consumer electronics company, suffered serious supply chain planning mishaps due to poor cross-functional integration in the supply/demand planning activities. The poor integration resulted from organizational differentiation among the functions and an unsophisticated approach to integration. In response to the planning mishaps, the organization introduced significant changes, which we examine in this case study. After highlighting the constituent responsibilities, structures, and processes, we recognize a system, as opposed to a list of mechanisms, as responsible for cross-functional integration. Operationalizing integration as functional alignment with generated plans, we find collaborative engagement of the functions to be a consistent process feature and operational norm encouraged and maintained by integrators.
Managers and HR Professionals at Sands Corporation: Friends or Foes? Case Study Columbia Southern University 1. What seems to be the main source of conflict between supervisors and HR department at Sands Corporation? Explain. There is an obvious conflict as well as confusion of roles and unequal balance of power at Sands Corporation.