Premium Essay

Joseph’s Ethical Issues 2

In:

Submitted By media
Words 300
Pages 2
Identify the ethical and legal issues of which Albert needs to be aware.
The first ethical issue I see is that Albert and his wife, Mary, took advantage of the “players” in the large corporations. Albert and Mary would go to parties and get information from them after the “players” had a few alcohol drinks. Both started using this strategy and five months later their clients began to see significant profits in their portfolios. Another ethical issue I see is Albert’s uncle worked as a janitor which gave his access to many law offices that had information on a number of companies, especially those about to file for bankruptcy. Mary and Albert both were able to use this information provided by his uncle to benefit their clients’ portfolios. A third ethical issue is Mary used insider information from her father who worked for a major health care company. The management team was running the company into the ground. Mary found a company that was interested in doing a hostile takeover. Mary told several of her best clients, who in turn did very well on the stock. All of this increased her status with the firm that she worked for and kept drawing bigger clients.
The legal issue that I see is the e-mails Mary is receiving from some of the brokers. Some of the other brokers are sending e-mails with off-color jokes and even nude photos of men and women. E-mail is not private in the workplace. Employees own the company e-mail system and therefore are covered under law to monitoring rights. Employees should be aware that any e-mail they send or receive through their company e-mail account can be read by their employer. Mary was not opening some of the

Similar Documents

Free Essay

Joseph's Ethical Issues

...Joseph’s Ethical Issues 1 Joseph’s Ethical Issues Joseph’s Ethical Issues 2 Identify the ethical and legal issues of which Albert needs to be aware. The first ethical issue I see is that Albert and his wife, Mary, took advantage of the “players” in the large corporations. Albert and Mary would go to parties and get information from them after the “players” had a few alcohol drinks. Both started using this strategy and five months later their clients began to see significant profits in their portfolios. Another ethical issue I see is Albert’s uncle worked as a janitor which gave his access to many law offices that had information on a number of companies, especially those about to file for bankruptcy. Mary and Albert both were able to use this information provided by his uncle to benefit their clients’ portfolios. A third ethical issue is Mary used insider information from her father who worked for a major health care company. The management team was running the company into the ground. Mary found a company that was interested in doing a hostile takeover. Mary told several of her best clients, who in turn did very well on the stock. All of this increased her status with the firm that she worked for and kept drawing bigger clients. The legal issue that I see is the e-mails Mary is receiving from some of the brokers. Some of the other brokers are sending e-mails with off-color jokes and even nude photos of...

Words: 861 - Pages: 4

Free Essay

Ch. 1 & 3

...Chapter 1 and Chapter 3 - Questions and Exercises Chapter 1 (pages 26-27) 1. What are the potential ethical issues faced by Acme Corporation? The potential ethical issues faced by Acme Corporation is giving gifts can lead to dilemmas about whether the gift being given will be perceived as a bribe or simply a gift. If gifts are given, it shouldn’t be given to one person, but instead, an entire team or division. As this could cause other members of the team to feel that there is something more is happening. In this specific case, Frank is giving personal gifts only to Otis, which could cause problems for Frank and/or Acme Corporation in the future. 2. What should Acme do if there is a desire to make ethics a part of its core organizational values? Acme Corporation should make sure that all the rules and guidelines are in writing as well as communicate them to all the personnel as part of its core organizational values. These guidelines should detail items including the giving of gifts to customers as far as a maximum dollar amount or the number of times you are allowed to do it per customer. 3. Identify the ethical issues of which Frank needs to be aware. The ethical issue that Frank needs to be aware of is the fact that, Otis can perceives the gifts he is being given as a bribe. It seemed as Frank was unsure about Otis’ request in Vegas, what will happen if he doesn’t satisfy this request? It’s good to go with your initial feeling and if needed, say no in a professional...

Words: 680 - Pages: 3

Premium Essay

Student

...Joseph’s Ethical Issues 2 Identify the ethical and legal issues of which Albert needs to be aware. The first ethical issue I see is that Albert and his wife, Mary, took advantage of the “players” in the large corporations. Albert and Mary would go to parties and get information from them after the “players” had a few alcohol drinks. Both started using this strategy and five months later their clients began to see significant profits in their portfolios. Another ethical issue I see is Albert’s uncle worked as a janitor which gave his access to many law offices that had information on a number of companies, especially those about to file for bankruptcy. Mary and Albert both were able to use this information provided by his uncle to benefit their clients’ portfolios. A third ethical issue is Mary used insider information from her father who worked for a major health care company. The management team was running the company into the ground. Mary found a company that was interested in doing a hostile takeover. Mary told several of her best clients, who in turn did very well on the stock. All of this increased her status with the firm that she worked for and kept drawing bigger clients. The legal issue that I see is the e-mails Mary is receiving from some of the brokers. Some of the other brokers are sending e-mails with off-color jokes and even nude photos of men and women. E-mail is not private in the workplace. Employees own the company e-mail system and therefore are covered...

Words: 336 - Pages: 2

Premium Essay

Phi 445 Personal and Organizational Ethics

...Analysis of Personal and Organizational Ethics and Values Sharlene Cruz PHI 445 Personal & Organizational Ethics Prof. Robert Wengryzn March 03, 2014 Analysis of Personal and Organizational Ethics and Values In this paper, the author will compare and contrast 2 health care organization’s; Sutter Health Care, a non-profit organization whose mission statement is; “We enhance the well-being of people in the communities we serve through a not-for-profit commitment to compassion and excellence in health care services.” Then there is St. Joseph’s Health Care, a for profit organization whose mission statement is; “To extend the healing ministry of Jesus in the tradition of the Sisters of St. Joseph of Orange by continually improving the health and quality of life of people in the communities we serve.” Both mission statements, although worded differently, hold the same meaning in regards to community health care, however one basing it’s care on religious overtures. Sutter Health Organization’s website claim they are the largest and most popular health organization in Northern California. Sutter health as it is known today was created in 1996 through the merger of its Sacramento based organization and the Bay Area based Health care System. In part it was created due to many physicians and small clinics and hospitals needing to close their doors due to rising costs and the difficulty of health payments. Sutter Health’s organization is a vast network of health care...

Words: 2001 - Pages: 9

Premium Essay

Emerging Business Ethical Issues Joseph Freberg

...1. What are Joseph’s ethical problems? a. Joseph’s ethical problems an employee paying off or giving “kickbacks” to some of his buyers. This could be considered a type of bribery, the practice of offering something in order to gain an illicit advantage, called “Facilitation Payments” payments made to obtain or retain business. Joseph also feels he has issues with his boss in what he perceived to be a “hostile work environment”. For a hostile work environment to exist there must be 3 criteria’s met; the conduct was unwelcome, the conduct was severe, pervasive, and regarded by the claimant as so hostile or offensive as to alter his or her working conditions and the conduct was such that any reasonable would find it hostile or offensive. Joseph believes if he were to tell his boss of the situation he could be putting himself and Carl up for termination. 2. Imagine you are Joseph. Discuss your options. a. Joseph has an ethical issue, which is a problem, situation, or opportunity that requires an individual group, or organization to choose among several actions that must be evaluated as right or wrong, with one of his sales people giving kickbacks for some of his buyers to gain an advantage over the other sales associates, he does not have an ethical dilemma which in the same situations he would need to choose among several wrong or unethical actions. b. Joseph should start with talking to Carl and advise him of the unethical behavior and come up with some fair solutions...

Words: 536 - Pages: 3

Premium Essay

Joseph's Ethical Dilemma

...BUSINESS ETHICS TUTORIAL EMERGING BUSINESS ETHICS ISSUES Case Study: Joseph's Ethical Dilemma. Joseph Freberg had been with Alcon for 18 months. He had begun his career right out of college with a firm in the Southeast called Cala Industrial, which specialized in air compressors. Because of his work with Cala, he had been lured away to Alcon, in Omaha, as a sales manager. Joseph’s first six months had been hard. Working with older salespeople, trying to get a handle on his people’s sales territories and settling into the corporate culture of a new firm took 16-hour days, six days a week. During those six months, he also bought a house, and his fiancée, Ellen, furnished it, deciding almost everything from the colour of the rugs to the style of the curtains. Ellen had taken a brokerage job with Trout Brothers and seemed to be working even more hours than Joseph. But the long days were paying off. Ellen was now starting to handle some large accounts and was being noticed by the “right” crowd in the wealthier Omaha areas. Costs for the new home had exceeded their anticipated spending limit, and the plans for their wedding seemed to be getting larger and larger. In addition, Ellen was commuting from her apartment to the new home and then to her job, and the commute killed her car. As a result, she decided to lease something that exuded success. “Ellen, don’t you think a Mercedes is a little out of our range? What are the payments?” inquired Joseph. “Don’t worry...

Words: 1064 - Pages: 5

Premium Essay

Alcon Casse Study

...Case Study Part 1 1: Primary Character Joseph Freberg (Sales manager), Carl (salespeople), Kathryn (v.p), Ellen (Joseph fiancée or wife) 2: Secondary Character Cala Industrial, Trout Brothers, Omaha areas, salespeople, Alcon Part 2 See the bubble chart Part 3 A: Introduction and summary The case surrounds a sales manager, Joseph Frebert, From Alcon. He experienced a hard time working with skilled sales people. Adaptation to work within his people’s sales territory also proved difficult. The manager had pressure from work and domestic matters where he left everything to his fiancée, Ellen, a broker at Trout Brothers, was hard working compared to Joseph, confirmation from the large accounts she handles with influence in the wealthier Omaha area. She always thought of success at whatever time. After their marriage, life changed positively, though in a very slow pace. While at work, Joseph came across different practices that were against the company’s policy. He found some of the workmates used to kickback while performing their task. Revealing such a practice to the vice-president might lead to problems. In this confusion of whether to keep quiet or report the matter to the vice-president, Joseph receives a call from his wife that she is Kathryn’s new broker. B: Identify the key ethical issues you can find in the case Conflict of interest Joseph as a sales manager should ensure that the employees adhere to the polices and guidelines...

Words: 603 - Pages: 3

Premium Essay

Implications of Social Networking

...aA survey on the implications of social networking websites A Research Proposal Presented To: Dr. Rustico M. Agcaoili Jr. St. Joseph’s College Rodriguez Rizal In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science in Information Technology Rey Nanie C. Guevarra 2nd Semester SY: 2010-2011 Chapter 1 The Problem and Its Background Introduction Every one is going crazy over Facebook and Twitter these days. You may have created an account on one of these websites many months back. Every body is familiar in these social networking websites. The researcher does intend to show and explore how young people use them to communicate, share and show off their identities. The researcher will also explore the risks that have been associated with excessive use of these websites, and also explore the responsibility that lies on the providers of these websites.  Facebook is a social networking site for ages 13 and over. You can add friends you know by typing in their name at the top of the screen and if they accept then you can talk to them by clicking on the chat button if they're online.. You can send people private messages or can let everyone know by posting it on their profile. You can dowload photos and play fun games. You can stay in touch with people that you haven't seen in years! While Facebook has been a cause for many terminated employments and rejected job applications due to unsavory content,...

Words: 3768 - Pages: 16

Premium Essay

Healthcare Marketing

...STRATEGIC HEALTHCARE MARKETING Indian School of Business Term 7 January 6th – February 16th 2014 Thani Jambulingam Ph.D Associate Professor Pfizer Fellow, Arrupe Center Research Fellow Department of Pharmaceutical & Healthcare Marketing Saint Joseph’s University Philadelphia, PA 19131 THANI JAMBULINGAM PH.D.             Associate Professor in the Department of Pharmaceutical and Healthcare Marketing at St. Joseph's University, Erivan K. Haub School of Business, Philadelphia, PA. Currently he teaches in Executive Pharmaceutical and Healthcare MBA program (both traditional and online formats, MBA program and undergraduate program in Pharmaceutical and Healthcare Marketing. Thani was instrumental in starting the undergraduate and online programs at SJU. He served as the chair of the pharmaceutical and healthcare marketing department from 2003-2010. Ranbaxy in sales and at Glaxo Inc. in sales and marketing for several years before he returned to school and completed his Ph.D. at University of Wisconsin, Madison. His research interests are in health care marketing, strategy, supply chain and pricing. His work has been published in several journals, such as the, International Journal of Pharmaceutical and Healthcare Marketing, Journal of Medical Marketing, Journal of Pharmaceutical Marketing and Management, Journal of Commercial Biotechnology, Journal of Research in Pharmaceutical Economics Journal of International Marketing, Journal of Operations Management...

Words: 2101 - Pages: 9

Free Essay

Dnr Policy

...Downloaded from jme.bmj.com on October 31, 2012 - Published by group.bmj.com Journal of Medical Ethics 1997; 23: 361-367 Marginally effective medical care: ethical analysis of issues in cardiopulmonary resuscitation (CPR) Mark Hilberman, Jean Kutner, Debra Parsons, and Donald J Murphy The Carbondale Clinic, Carbondale, Colorado, University of Colorado Health Sciences Center, St Joseph's Hospital, and the Colorado Collective for Medical Decisions, Denver, Colorado, USA Abstract Outcomes from cardiopulmonary resuscitation (CPR) remain distressingly poor. Overuse of CPR is attributable to unrealistic expectations, unintended consequences of existing policies and failure to honour patient refusal of CPR. We analyzed the CPR outcomes literature using the bioethical principles of beneficence, non-maleficence, autonomy and justice and developed a proposalfor selective use of CPR. Beneficence supports use of CPR when most effective. Non-maleficence argues against performing CPR when the outcomes are harmful or usage inappropriate. Additionally, policies which usurp good clinical judgment and moral responsibility, thereby contributing to inappropriate CPR usage, should be considered maleficent. Autonomy restricts CPR use when refused but cannot create a right to CPR. J7ustice requires that we define which medical interventions contribute sufficiently to health and happiness that they should be made universally available. This ordering is necessary whether...

Words: 1339 - Pages: 6

Premium Essay

Development Consultant

...satisfying, which is held by many philosophers to be more important than moral conduct. Simply put, ethics involves learning what is right or wrong, and then doing the right thing -- but "the right thing" is not nearly as straightforward as conveyed in a great deal of business ethics literature. Most ethical dilemmas in the workplace are not simply a matter of "Should Bob steal from Jack?" or "Should Jack lie to his boss?" (Many ethicists assert there's always a right thing to do based on moral principle, and others believe the right thing to do depends on the situation -- ultimately it's up to the individual.) Many philosophers consider ethics to be the "science of conduct." Philosophers have been discussing ethics for at least 2500 years, since the time of Socrates and Plato. Many ethicists consider emerging ethical beliefs to be "state of the art" legal matters, i.e., what becomes an ethical guideline today is often translated to a law, regulation or rule tomorrow. Values which guide how we ought to behave are considered moral values, e.g., values such as respect, honesty, fairness, responsibility, etc. Statements around how these values are applied are sometimes called moral or ethical principles. THREE TYPES OF ETHICS Descriptive Ethics: Descriptive ethics involves describing how people behave and/or the moral standards they claim to follow. Descriptive ethics incorporates research from anthropology, psychology, sociology and history to understand beliefs about moral norms. Atheists...

Words: 7577 - Pages: 31

Premium Essay

Tort Reform

...Running Head: UNIT THREE WRITTEN ASSIGNMENTS Unit Three Written Assignments Erin Schmidt Professor Vega St. Joseph’s College of Maine Prepared on November 30, 2009 1. Of all the people using the health care system today, how important are social problems on the use of the health care system? Social problems including AIDS, drug abuse, violence, and teen pregnancy are very important when considering the economy of the United States Health Care System. Unprotected sexual contact and sharing dirty needles account for the majority of persons infected with AIDS. HIV and AIDS affect human capitol due to the increased mortality of this group. Bonnel (2000) notes that younger individuals are dying of this disease, which translates to a decreased taxable population and reduction in resources for public expenditures. Medications such as antiretrovirals are very expensive. Henderson (2002) points out that drug therapy costs up to $16,000 dollars per infected individual per year. Additional economic impact can be thought of in terms of lost productivity, and lost days from work, which account for a significant impact on the labor supply. With regard to substance abuse, Henderson (2002) states “substance abuse is the leading health problem in the United States today” (p. 310). Costs associated with substance abuse include increased costs of medical care, lost productivity from...

Words: 4977 - Pages: 20

Premium Essay

Papers

...CHAPTER – IV LEADERSHIP LEADERS ARE BORN & MADE…. Leadership is the ability to articulate a vision, embrace the values of the vision and nurture an environment where everyone can reach the organizations goal and their own personal needs. Leadership is an indescribable ability based on concrete principles and a tool that anyone can learn that helps guides an organization or group of people in a beneficial direction or to a valuable destination. The ability to get work done with and through others, while at the same time winning their confidence respect, loyalty and willing cooperation. Before we get started, let’s define leadership. Leadership is a complex process by which a person influences others to accomplish a mission, task, or objective and directs the organization in a way that makes it more cohesive and coherent. A person carries out this process by applying her leadership attributes (belief, values, ethics, character, knowledge, and skills). The complete definition highlights the difference between simply managing and being a leader. Good leaders are made not born. If you have the desire and will power, you can become an effective leader; Good leaders develop through a never-ending process of self-study, education, training and experience. There is very little evidence that the so-called “naturally born’ leader really exists. Continuing and ongoing studies are showing that the concept of a “natural born” leader has little merit. One reason for...

Words: 5301 - Pages: 22

Premium Essay

Robotic Surgery

...LAS 432 Course Capstone Project Robotic Surgery (LAS 432 - 08) Robert Clark April 19, 2015 Team F Team Leader: Dylan Zinkiewicz - D# 03342318 Team Members: Alisha Young - D# 01615918 Antonice Thomas - D# 01487783 Brooke White - D# 01489597 Katherine Vega - D# 01487783 Contents Alisha Young Intro to Robotic Surgery 2 Antonice Thomas Timeline 10 Overview 15 The Future 17 Dylan Zinkiewicz Economic Talk 19 Marketing & Media Influence 24 Katherine Vega Psychological considerations and Sociological effects 29 Environmental Implications 33 Brooke White Ethics and Legal Issues 37 Conclusion 45 References 46 Intro to Robotic Surgery Robotic surgery is defined in the medical dictionary as "the performance of operative procedures with the assistance of robotic technology" ("Robotic," n.d.). Robotic surgery is an emerging technology that began its experimental phase in 1985 with the introduction of the PUMA 560 robotic arm. The first use of a robot for a surgical procedure was a neurosurgical biopsy, recorded in 1985. Following this successful surgery was the first laparoscopic surgery using the same kind of robot; the robotic arm. In 1987, a successful cholecystectomy was performed. In 1988, doctors decided to use the PUMA 560 robotic arm for a transurethral resection procedure. Finally, in 1990, the Automated Endoscopic System for Optimal Positioning (AESOP) became known as the first system to be approved by the Food and...

Words: 14576 - Pages: 59

Premium Essay

Pfizer Paper

...Pfizer Stock Report | | Fall 2013 Research Project | | Pfizer Stock Report | | Fall 2013 Research Project | Saint Joseph’s University Contents II. Introduction 2 III. Macroeconomic Review 3 IV. Stock Market Analysis 6 V. Industry Analysis 8 VI. Company Strategic Analysis 10 VII. Company Financial Analysis 12 VIII. Application of Valuation Methodologies 13 IX. Conclusion and Recommendations 15 X. Exhibits 16 A. Exhibit A 17 B. Exhibit A 17 XI. References 18 Introduction Pfizer, headquartered in New York, NY, is committed to applying science and global resources to improve the health and well-being of individuals of all stages of life. Ian Read, CEO, leads the company through innovation and solid long term performances on the NYSE. Pfizer is also on the London, Euronext and Swiss exchanges. They make every effort to provide everybody with access to affordable, top of the line, safe remedies and health related services to those in need. Some of Pfizer’s most famous products include, Lipitor, Lyrica, Diflucan, Zithromax, Viagra, and Celebrex. Pfizer is committed to providing sustainable solutions to the biggest health issues in the world by continuously reviewing and updating their products and services to reduce their environmental footprints. The company maintains the highest ethical standards in all that they do such as sales and marketing to research and development. Pfizer, along with all industry players, are...

Words: 4411 - Pages: 18