China, Jamaica, and America Ethics Case Study Tammy M Langewisch Eth/557 December 3, 2012 Andrew Sargent, MBA, JD China, Jamaica, and America Ethics Case Study In the article, “A Study of Differences in Business Ethical Values in Mainland China, the U. S. and Jamaica,” writes about the results of a second research performed that compares what has been considered third world countries, Mainland China and Jamaica, to the United States (U. S.), and how each countries culture impacts ethical decision making in businesses. The study contained five vignettes and two hypotheses. The vignettes were scenarios in which the subjects responded to, according to what they believed were ethical or those that were not. This paper will cover the culture that impacts China and Jamaica, the results of the research and ethics plays a role in decision making for financial, environmental, and cultural issues; how the concepts of positive and normative economics are reflected; and how market efficiency, economizing, and the market system affects these ethical issues in each country compared to the U. S. Ethics in Financial, Environmental, and Cultural Issues Mainland China was a socialist-based economy that converted to free market over 25 years ago. China’s culture is founded upon Confucian and Maoist, rather than capitalist, which impacts ethical decisions made by Chinese business leaders (Fok, Hartman, & Kwong, 2005).
PCAOB, The Future of 404 Scott Carlson Mark Geiger Evallory Spratlin Kimberly Williams Liberty University Abstract Since the Sarbanes-Oxley Act of 2002 was implemented, small businesses have objected to what they describe as severe financial impacts, which are a byproduct of Rule 404 of the act. This paper will explore the allegations of small businesses, Congress’ response and what this dialogue means for the future of the Sarbanes-Oxley. The implications of this research are important because they have bearing on future regulation in the financial industry. The Sarbanes-Oxley Act of 2002 is a comprehensive bill that has proven to be a work in progress since its passage. The necessity of the bill can hardly be disputed
Article Analysis University of Phoenix ACC291 Taking a look at whether or not companies are acting ethical because they have integrity or because they have to follow the laws set forth by the Sarbanes-Oxley Act of 2002 is something all investors should do before they invest. Companies do not always act ethically because they want to be open and honest with their customers, employees, or investors, some do it simply because they have to in order to abide by the laws, rules, and regulations, and then just barely. While reading “Eight Years After The Fact Is SOX Working? A Look At The Brooke Corporation” one can notice several things wrong and ways that could lead to unethical practices and behaviors in accounting. For instance the company founder Robert Orr held several roles in management for the parent company as well as finance officer and other key positions that could open the door to unethical behaviors (Hazels, 2010).
Running Head: UNIT 1 INDIVIDUAL PROJECT Sherryl Burris Unit 1 Individual Research Project - Preliminary Research Design August 26, 2012 Business proposals are made to increase profit, either by creating new products or moving into new markets, making changes in marketing, or to help business grow. Research is based on finding data and information to make decision making better. Formal research is based in theory, business proposals are based in making money. Both types will have introductions and conclusions, based on the proposal’s purpose. All formal research has a methods section, but this is not necessarily true in a business proposal.
The consequence for the lack of critical thinking in decision making has been revealed through recent corporate scandals such as Enron (Braun, 2004, p. 232). To improve these skills, business leaders believe that more focus be made on teaching critical think in business schools over anything else (Braun, 2004, p. 232). While many professionals agree with this, I believe, rather than waiting until college, these skills and tools can be developed at a young age by shifting from the more traditional passive teaching methods to a more active teaching style. Traditionally, passive teaching has been the most common approach used by professors. This method usually involves professors delivering lectures to students with little to no opportunity for student input through “discussion or experiential exercises” (Michel, Cater, & Varela, 2009, p. 400).
And above all else, money for instance, it seems to make them healthier and happier. The first of the anti-college arguments to be explored is the ever so misleading financial burden, the money. Leonhardt give two main reasons why the increasing student debt and startling tuition costs aren’t normally a problem for graduating students. First off, once you look into college tuition rates and any financial aid is taken into account, average fees and tuition were only about $2,000 at public four-year colleges(647). His next big point
Aristotelean Virtue Theory Ethics Robert Solomon, “An Aristotelean Approach to Business Ethics” (D 78 – 89) CLASS DISCUSSION: Dorrence Pharmaceutical Co. (online Moodle) ___________________________________________________________________________ 16 SEP: TRADITIONAL THEORIES OF PROPERTY & PROFIT John Locke, “The Justification of Private Property” (D158 – 162) Adam Smith, “Benefits of the Profit Motive” (D 163- 167) Karl Marx, “Alienated Labor” (D 167 – 171) INTELLECTUAL PROPERTY RIGHTS L. Thurow, “Needed: A New System of Intellectual Property Rights” (D187 – 196) GROUP 1: WR Grace & the Neemix Patent (D 177 – 187) _______________________________________________________________________ 23 SEP: DISTRIBUTIVE
A Brief response to Is our Adults Learning? By David Brooks David Brooks published an interesting essay in the New York Times entitled “Is Our Adults Learning?“ The basic idea behind his essay can be summarized in the following quote, “Government doesn’t profit from experience because of the way it goes about testing its policy problems. It should try learning the way businesses do.” My purpose in posting this commentary on Brooks’ article is to challenge his presumption that it’s even remotely possible for the government to conduct itself like a business. Avinash Dixit’s 1997 American Economic Review article entitled “Power of Incentives in Private versus Public Organizations” provides the outline for my critique. In this (admittedly
Scholarly Activity I Wal-Mart John I. Miles IV MBA 6601 October 14, 2012 Professor Yvonne Balbin Abstract Ranked number three in the retail market Wal-Mart has enjoyed much success with overseas profits raves Global 500. The goal of saving people money has always been Wal-Mart’s intention but profits are suffering in today’s American economy. Wal-Mart was founded on the goal and philosophy of providing the lowest price to its consumers however, legal and political environments of certain countries may dictate an organizations way of thinking in terms of investments, operating modes, risks, and resources contends Daniels, Radenbaugh, & Sullivan, (2011). This paper will discuss the company’s global issues, market and legal systems,
Tax Exempt Status A Review of Credit Unions Tax Exempt Status Professional Writing Instructor: Alice B Smith Cohort Number LNBA06 August 12, 2013 Credit Unions 1 Thesis Having the tax exempt status can give credit unions a competitive edge by offering lower loan rates, lower fees, higher savings rates, and options for the consumer. Banks do not agree with the tax exempt status that credit unions have been given. Credit Unions 2 Why Credit Unions Should Remain Tax Exempt 2008 and 2009 will be remembered as the years the invisible became visible. The world financial markets and the banking industry became the center of attention due to