Current Ethical Issue in Business Learning Danielle Christine University of Phoenix Ethics in Management PHL 323 Laila Dabbagh Lambdin February 23, 2009 Current Ethical Issue in Business Learning Identify the ground rules manifested in the situation as well as which ethics theories apply. Circuit City is the nations 2nd largest retailer of consumer electronics, entertainment software and personal computers. On November 3, 2008, Circuit City announced that they would layoff and close 17% of it’s workforce by the end of the year. Due primarily to weakened economic environment and its potential impact on the timing of the overall sales of the companies inventory, cost and expenses. As a result of the companies deteriorating
Data published by NHS show that there is high number of measles reported due to 1-16 years old children who missed the vaccinations between 1990s and 2000s. In 2012 the numbers of cases was 2,000. The fears are now concerned on the MMR vaccination, as now there is also a big group of children who did not received their vaccination. NHS urge parents to ensure their children receive the vaccination. This shows that many parents are sceptical to the vaccinations, what might have negative consequences for children.
THE TROUBLE WITH BACKGROUND CHECKS; Employee screening has become a big business, but not always an accurate one. This article presented instances of people who claimed that background screening firms ruined their chances at job opportunities. In each case the applicants, Ted Pendergrass, Theon Carter, John Griffith, and Ingrid Morales, all have claims that background screening firms have inaccurate information. Ted Pendergrass applied and was rejected for the store supervisor job at Walgreens in November of 2006. The reason, a background screening firm called ChoicePoint, which is the largest screening firm in the United States for corporate employers, had reported to Walgreens that Mr. Pendergrass had a record of “cash register fraud and theft of merchandise” totaling over $7,000.
Possibly the most important showdown was the debt-ceiling fight of August 2011. It “threatened the country's ability to meet its financial obligations and resulted in an unprecedented downgrade in the U.S. credit rating by Standard and Poor's. The subsequent failure of the bipartisan super-committee to reach a deal on $1.2 trillion in targeted budget savings over ten years unleashed automatic spending cuts for both defense and non-defense spending”
On Black Thursday, The Wall Street Crash of 1929, October 24 also known as the Great Crash was terrible, it was the worse stock market crash ever. The market crash was one of the major causes that led to the Great Depression. There was a huge crowd of people trying to withdrew there life saving but couldn't. They were left with loans and debt they couldn’t pay. Two Months after the crash , stockholders had lost more than $40 billion dollars.
States' budget crises cut deeply into financing for mental health Programs which may cause a rising crime rate. It is appalling for me when I opened this Sunday’s news paper and saw the title: Did the system Fall Michael Swanson? It is about a boy who has serious mental illness killed person last week. “He should have been in a mental health facility when this whole thing happened. It just makes me sick” (A10) said by the boy’s mother Kathy Swanson.
“Irrational exuberance in the housing market led many people to buy houses they couldn't afford, because everyone thought housing prices could only go up.” (useconomy.com). During 2006, housing prices started to decline. Many people took out loans with very little money down, and they had to foreclose on the house because if they sold it, they would not get enough money back. With the foreclosing rate increasing, many banks began to freak out because they were going to face huge losses. Around August of 2007, banks become afraid to loan money out due to the fact that they did not want to suffer from losing money yet again.
Mariah Mcfadin American Literature- Period 7 Mr. Loomis Wednesday November 9, 2011 Where Does The Government Cross The Line? With recent progress in medical vaccinations, the United States government is making more and more vaccines a requirement for United States children going into preschool and kindergarten. Whether they are for the flu, measles, or cervical cancer, certain vaccines that have been made mandatory have had negative effects for the children forced to used them and the politics behind these vaccines have effected the parents’ viewpoint towards the wellbeing of their children. A vaccine can have very few side effects and still be quite dangerous to children, especially those who are accidentally given the vaccine while
The stress that can compel a company to doctor their financial data can override the compromise of ethics within an organization. A look back at the catastrophic financial mistakes of health care organizations in the past illustrates the devastation unethical accounting can cause. HealthSouth provides an excellent glimpse into the horrible consequences when it all comes crashing down. According to Bouchard (2012), "Committing fraud, said the former CFO, had consequences he couldn’t and didn’t foresee. It nearly destroyed him emotionally, which is why he retired to everyone’s surprise in 1997 at the age of 54, just a year after the fraud began.
Once parents, the media and the FTC got involved, this once rising company with a net worth of” $50-$60 million is in financial peril” (Dewer, 2012). Guilting parents into purchasing a $200.00 product, making misleading connections on data and deceiving consumers by misrepresenting themselves with a scientifically proven program has really made parents and watchdog agencies angry. They want their money back and the deceit to