Sam, a marketing manager, often makes ethical decisions based on what others feel about those decisions. He often considers opinions from other managers and employees. Which of the following ethical systems do Sam’s decisions follow? • Consequentialism • Utilitarianism • Relativism • Egoism Find the final exam answers here New UOP Course BUS 475 Capstone Final Exam Part 1 6. The depreciation of currency will: • improve a country’s comparative advantage.
It provides them with honest information about the credit card processing industry. It also aids them in communicating concerns with payment brands like Visa and Mastercard. In this essay we covered the social pressures may influence the company and how these issues may affect the company’s decisions. Lastly we then discussed the possible legal and ethical issues faced by the organization. References Chase Paymentech Solutions, LLC; www.chasepaymentech.com Manias, N., Monroe, D., & Till, J. E. (2013, 2011, 2009, 2004, 2000).
How might a company be rewarded or punished for making an ethical or unethical decision? DQ 3: Review the case study “It Seems Right in Theory but Does It Work in Practice?” in Perspectives in Business Ethics. How is ethical theory applied in practice? DQ 4: Review the case study “Where and Why Did Business Ethicists Go Wrong? The Case of Dow Corning Corporation’ in Perspectives in Business ethics.
I don’t know what to say, and I have no idea what the US economy was to do. The stimulus package seems like a good idea, but no president seems to use it correctly. If the government just stands back, then less people would use banks much less when the government is so far in debt. As they say in the end: “The government can save the banks, but who will save the
What evidence suggests that Cash Connection’s strategy and business model are ethical and beneficial to customers and to society at large? What evidence suggests the company’s strategy and business model are neither ethical nor beneficial to customers and that the entire payday lending industry has few if any redeeming qualities? * There are many evidences suggest that Cash Connection’s strategy and business model are ethical and beneficial to customers and to society at large. Cash Connections is not breaking any legal laws which may lend people to think they are ethical, but does Cash Connection pass the moral test is the question. Cash Connection as well as other lending organizations is taking advantage of the hard times individuals have fallen on but at the same time the lending industry is beneficial in that it provides more than 150,000 jobs and contributes up to $10 billion to the U.S. gross domestic product.
Banks focused mainly on making profits rather than regulations, so they did not pay premium for F.D.I.C. when they were in good time, then they suffered in bad time that they could not pay back. Bair asked the banks to pay premium and fund building. Basel II advocated banks to self-regulated, which made banks keep a low capital, thus Ms. Bair disagreed with Basel II and later facts of deeper crisis proved she was right. With regarding to bailout by several banks, Ms. Bair held different views from Geithner`s.
Also indicates that these conflicts regarding the risk rating agency as well as academics that are paid as consultants without informing you in your trials, obscuring and exacerbating the situation that led to the crisis. The documentary claims that the great risk that began with the subprime credit, was transmitted the investor to investor, due to a questionable classification practice, which falsely indicated that the investments were safe. Thus, lenders were led to sign mortgages without risks to consider, or even favor higher interest rates on loans, because at the time these were classified together, and the risk was hidden. According to the tape, the resulting products have AAA ratings, the same of government bonds issued by the U.S. government, allowing them to sell them even to the pension fund entities that can invest only maximum security. Also note for example that the Harvard economist and former director of
There are probably many companies out there that do not care about integrity ethics and only focus on making money, but investors should be aware that if they chose this money making company they risk much more than money. Discussion Question Suggestion Do you feel a company can have poor integrity and still maintain good ethical standards regardless of whether they follow the SOX laws or not? Reference Hazels, B. (2010, Nov/Dec). Eight Years After The Fact Is SOX Working?
During recession Innocent would mostly want to survive. In order to survive they may think of lending money from banks. To borrow money they need to prepare a balance sheet over a period of time and the bank will make their decision based on the balance sheet. If they find out that Innocent would not be able to pay the money back then they would not allow Innocent to borrow which can
Some workers may stay temporarily with relatives with bank accounts and good credit, but the family network is aware that income is not reliable in America. Thus, it would be too risky for relatives to co-sign loans, credit cards, or bank accounts. In addition, relatives feel that by offering assistance in the form of room, board, and transportation is more than generous. The family unit is central in the Hispanic community, so it is not uncommon for residents to assist undocumented family members and friends. If it were not for the family unit, then I do not believe that undocumented workers could possibly handle the costs associated with cash lender services.