...completed a preliminary evaluation of a property for Watson & Musico, which is one of NCR’s major developers and property owners. However, John Mortimer from Watson & Musico is unsatisfied with the Richard’s evaluation price, he asks Richard to raise the value, otherwise they have no business. This situation is difficult for Richard, because he wants to satisfy John’s needs, but at the same time, he can’t ignore the ethical issue to do that. Stakeholders Richard Romano is a principal of CGR, and he is an Accredited Appraiser Canadian Institute (AACI) candidate. Richard has eight years of experience and is recognized as one of Canada’s leading real estate experts. He wants to complete the appraisal according to his best estimate of the current market value of the property, but he can’t afford losing business with Watson & Musico (WM) for not satisfying their needs. Success in project with WM will be a major boost to CGR, it is also Richard’s responsibility to keep his client’s interest in mind. Anyway, he wants to satisfy his client’s needs without breaking his image of profession. John Mortimer controls WM and he is well known in the NCR for his abrasive style and aggressive approach in business dealings. Because of the depressed real estate market and WM’s aggressive leasing policy, WM have a highly restricted cash flow. So WM plan to refinance all of its properties...
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...Business Ethics Case Kristin Smith BUS/415 February 27, 2012 Business Ethics Case The National Enquirer is a tabloid newspaper known for its gossip about celebrities, scandals, and other Hollywood drama. The difference between the National Enquirer and newspapers is that the National Enquirer is mostly based on rumors and famous scandals. Newspapers are more responsible journalism that tells the facts. Sold in almost every grocery store, gas station, and local convenience store, the National Enquirer has been around since the 1920s based in Florida. In the earlier days, the National Enquirer was famous for fabricating weird and unbelievable stories to gain sales. Such stories may have included 'My Baby has Three Eyes' or 'I had King Kong's Baby.' Today, the National Enquirer mostly reports on the latest celebrity gossip. Recently, the National Enquirer received bad publicity because of the picture of deceased singer Whitney Houston posted on the front page in her casket. According to the case Calder vs. Jones, the National Enquirer published a story about Shirley Jones that had a devastating impact on her life in California. Due to most of the National Enquirer's circulation existing in California, it was unethical for the National Enquirer to avoid suit in California. Just because the reporter and the editor who wrote and edited the story reside in Florida, the emotional damages were done to her in California. The defamation and invasion of her privacy...
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...1. Nike: From Sweatshops to Leadership in Employment Practices 2. Starbuck’ mission: Social responsibility and brand strength 3. New Belgium Breweries: Ethical and Environmental Responsibilities You will be required to answer to the end of case questions. I expect personal opinion, don’t try to copy from a template somewhere Test 2: StarBuck Case 2 Starbucks’ Mission: Social Responsibility and Brand Strength Case Notes for Instructors: Students will likely have strong opinions regarding Starbucks. Many may be committed patrons who view Starbucks as a socially responsible company committed to green practices and free-trade coffee. Others might dislike Starbucks because it is a large chain that pushes out smaller local competitors. Another possible reason students may be opposed to Starbucks are its prices, which are higher than many of its competitors. Starbucks seems to be able to justify its higher prices because the company sells more than just coffee—it sells an experience. Starbucks patrons can order specialty drinks and hang out in what founder Howard Schultz envisioned to be the “third place” to be after home and work. Love it or hate it, Starbucks has been very successful at branding. Starbucks has had a profound influence on the U.S. coffee market. Before Starbucks came onto the scene, people perceived coffee as an uninteresting product largely consumed by older people in the United States. It did not have the “cool” factor or the cache that it does...
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...being imitated in the prank call. We can also take another feature for the calculation of the amount of happiness being generated, for example, the duration of happiness (Low, 2013). The duration of the unhappiness is longer than happiness because people who are unhappy tend to take a longer time to recover from that unhappiness. The happiness that the listeners have only will last during the few minutes of the broadcast or maybe a few minutes after as well. The total amount of happiness will still outweigh the total amount of unhappiness because the extent of happiness far exceeds and dominates the net amount of happiness. Therefore, it will be ethical to broadcast the prank call based on utilitarianism. * Kantian Ethics Based on Kantian Ethics, the duty of the radio station is to gain listeners by letting listeners enjoy listening to the radio station and also have a higher rating as compared to other radio stations. To be morally permissible, the rule: ‘if I were to broadcast this prank call, I will be able to entertain listeners and gain higher ratings.’ is able to conform to the categorical...
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...stakes for Roy Vagelos as CEO would be the high level of risk to succeed, the strong change to have a low level of profitability even after the success, and the advantage of Dr Campbell’s project, less investment needed and government aid in tax. And the stakes for Merck as a company would be the corporate ethic it has pursued and Merck’s need to develop another new successful prescription. Q2. How does Merck pick from among the many ways to “do good” and many drugs to invest in? Merck took 12 years and $200 million to bring a new drug to market on the average. And thousands of scientists worked on new ideas and following new leads. It uses various methods to choose the project through extensive review and analysis on the basis of the likelihood of success, the existing market, competition, potential safety problems, manufacturing feasibility and patent. Q3. How much of its research budget should Merck invest in drugs that will likely produce a substandard return on its investment? The research budget should be considered in research/development expenses, expected income with the tax benefit from the government, and mostly the effect and impact based on the corporate ethics and morale. Q4. What should Merck tell a shareholder who might complain about a decision to invest in research on river blindness? The overall corporate philosophy of Merck is based on the idea that medicine is for the people and never for the profits as the profits follow. And the profits would...
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...moral decision using the Utilitarian Principal TUI UNIVERSITY XXXXXXXXXXXX Module 2 Case ETH501: Business Ethics Dr. Stevens June 10, 2013 “A pacemaker is a small modern day device, about the size of a half dollar piece, that's placed under the skin near your heart to help control your heartbeat. People may need a pacemaker for a variety of reasons, mostly due to one of a group of conditions called arrhythmias, in which the heart's rhythm is abnormal”(MayoClinic.com, 2012). This device uses electrical pulses to prompt the heart to beat at a standard rate. In the heart's electrical system, impulses generated by the natural pacemaker are conducted to the atria and ventricles. Heart surgery or certain diseases can interrupt transmission (heart block), requiring use of a temporary or permanent artificial pacemaker. A tiny electrode attached to an electric generator outside the body is threaded through a vein into the heart. The generator, inserted beneath the skin, produces regular pulses of electric charge to maintain the heartbeat. Pacemakers can also be implanted on the heart's surface. The Sole Remaining Supplier, which we will refer to as Company X has an ethical dilemma of weather to continue to sell the tiny transistors to a company that makes pacemakers that are not 100% for use of patients in dismal need. To make an ethical and business resolution of what to do as a board of director, the sole remaining supplier will utilize two tests, the...
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...Name: Jessie James Tan Course: BS-IM Title: Business Ethics Ethical Concepts and Cases 3rd.ed. Author: Manuel G. Velasquez Book No.: HF5387V441993 IT-ETHICS (Book Review8) Chapter5 (Ethics and the Environment) Quotation: “As the earth in a short few decades becomes twice as crowded with human beings as it is now, and as human societies are confronted with dwindling resources in the midst of mounting accumulations of wastes, and steadily deteriorating environment, we can only foresee social paroxysms of an intensity greater than any we have so far known.” Reaction: This quote is about the environment that we are in today. It is said that in a number of years the world will be full of humans and that the resources will be less and also we will see that the environment will be near its end. If we won’t act now the future world will be a waste full of people living in it. Such companies are trying to make income but do not think of the things that he has done to the environment. There are those plants and factories that create waste that ruins our environment. There must be an action to take so that the environment will be saved. Companies can gain income and not harm the environment. They must think and act ethically for the future world to be saved. Chapter summary: This chapter is about the proper way of thinking of the environment and being ethical when it come to environmental issues. The environment today is fast fading it is because of the...
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...must “guard and keep the deposit entrusted to him.” (1Timothy 6:20 Amplified Bible) New Gen is rolling out the red carpet to Benji, showering him with gifts to paint a beautiful picture to hang in a house built of cards. He must guard himself, “Watch out for false prophets. They come to you in sheep’s clothing, but inwardly they are ferocious wolves.” (Matthew 7:15 New International Version) When the CEO displayed his blatant lack of morals, having no regards for the feelings of the mother of the crying infant, or when he called those same customers he cared so much about, fat and lazy, this should tell Benji exactly how he feels about people in general not just customers. As Christians we are supposed to show love and Business Ethics Case Study...
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...Business Ethics: Case Study 2: Starbucks’ Mission: Social Responsibility and Brand Strength 1. Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? Starbucks has been so concerned with social responsibility because of the reduce its Eco-friendly mark and as became tangled with the community. Also it is important to the corporate because of its ethical corporate should improve in the stretched period of time. Consumers’ feels worthy about conveying business to social responsible companies and the organisation’ impression are good about working there and makes organisation provide much better consumer service. 2. Is Starbucks unique in being able to provide a high level of benefits to its employees? Starbucks is irreplaceable in actually able to offer a high level of benefits to its organisation. Many businesses do not deliver organisation with many profits. Starbucks understands how important its organisation is and that they are the face of the corporate. Happy organisation creates good consumer service understandings and repeat business. It seems like a lot of businesses oversee their internal consumer too often. 3. Do you think that Starbucks has grown rapidly because of its ethical and socially responsible activities or because it provides products and an environment that consumer want? Starbucks express growth is exceptional to both its ethical and socially accountable activities and it providing products...
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...Errol A Lane Business Class ethics Describe at least two reasons for studying business ethics * Improve the Reputation of Your Business (One significant practical effect from studying business ethics and applying then to your business is an improvement in the reputation of your business. These things take time, but word of mouth is a powerful force in society, and having friends and neighbors talking about how you treated them right is the best advertising a business can have). In studying business ethics we find a lack of good business ethics what ar you saying when using that word * (Ethics or moral philosophy is the branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct. The term ethics derives from the Ancient Greek word ἠθικός ethikos, which is derived from the word ἦθος ethos (habit, "custom").) a goof reputation derives form a good business acumen which make for better business ability and reputation. When you learn you do better, you think better and you will be better Become a Better Businessman and Human Being Being (Studying business ethics changes outlooks and influences behavior. Ethics provides a set of terminology and a conceptual framework with which you can think and talk about ethical issues. Studying business ethics will help you weigh the potential consequences of your business decisions, and it will teach you to make moral distinctions and avoid common fallacies...
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...Running Head: Business Ethics Case Business Ethics Case Student Name BUS/415 Business Law Date Instructor Name Business Ethics Case The National Enquirer, Inc. is a corporation with its principal place of business in Florida. It publishes the National Enquirer, a national weekly newspaper with a total circulation of more than 5 million copies. About 600,000 copies, almost twice the level in the next highest state, are sold in California. Jones, an entertainer and also a California resident, filed a lawsuit in California state court against the National Enquirer and its president, who was a resident of Florida because The National Enquirer published an article about Shirley Jones. The damages for alleged defamation, invasion of privacy, and intentional infliction of emotional distress were filed in a lawsuit by California. Calder v. Jones, 465 U.S. 783, 104 S.Ct. 1482, 79 L.Ed.2d 804, Web 1984 U.S. Lexis 4 (Supreme Court of the United States) What kind of paper is the National Enquirer? The National Enquirer is involved in giving exaggerated stories such as personal life or any scandal of any celebrity or news which create sensation and arise curiosity. It is a tabloid magazine and its main focus is on celebrity news and gossip. It is not considered credible because of its exaggeration. Despite of all this company has a strong base and standing. As per Funding Universe (n.d.), there are 1,331 employees with the Enquirer’s holding company,...
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...University of Phoenix Business Ethics Case BUS/415 Carrie Miranda Derk Adams January 7, 2011 1. What kind of paper is the National Enquirer? National Enquirer is a supermarket tabloid founded in 1926; founded William Radolph Hearst. In 1926 the paper was known as New York Enquirer and then purchased in 1952 by Generoso Pope, Jr. Pope purchased the paper and used strategic marketing skills by establishing the paper into supermarkets racks across the country in the 70's. Pope knew the paper to be successful he needed to pay the highest pay to top notch reporters and editors to produce, write, and manage the paper to be the best in its field. This practice may not result in writing what always measures up to the journalistic standards of a magazine such as People, it does allow the Enquirer to cover a broad range of topics, and it enables timely responses to events that often result in news scoops . The success of Pope's strategic marketing skills not everyone found this paper to be tactful and find it offensive; however, the papers success is successful from being an attention grabber, loud and graphic. Provides the top hot news of the media and provides the readers information they may not find anywhere else as forward as they provide the information. 2. Was it ethical for the National Enquirer to try to avoid suit in California? . In the case under discussion, the Petitioners wrote and edited an article, containing slanderous material about the respondent, which...
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...Business Ethics Case Lauren Kendall BUS415 February 23, 2011 Neha Bhatia Business Ethics Case The National Enquirer, Inc. is a Florida corporation with its principal place of business in Florida. It publishes the National Enquirer, a national weekly newspaper with a total circulation of more than five million copies. About 600,000 copies, almost twice the level in the next highest state, are sold in California. The National Enquirer published an article about Shirley Jones, an entertainer. Jones, a California resident, filed a lawsuit in California state court against the National Enquirer and its president, who was a resident of Florida. The California lawsuit sought damages for alleged defamation, invasion of privacy, and intentional infliction of emotional distress. The National Enquirer is a nationwide magazine, which is known as a tabloid or newspaper that often prints inaccurate news or stories about other people. The magazine is reckless and takes no interest in how their dishonesty affects the people behind the articles. As an entertainer, Shirley Jones resides, and works in her hometown California. The National Enquirer made the decision to publish an article about Shirley Jones containing unsupported material about the actress being an alcoholic. Even though the article was written, edited, and published in Florida, Shirley Jones filed a lawsuit in California. The National Enquirer attempted to challenge the case because they stated...
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...Business Ethics Case 3.5 3.5 Business Ethics The National Enquirer, Inc., is a Florida corporation with its principal place of business in Florida. It publishes the National Enquirer, a national weekly newspaper with a total circulation of more than 5 million copies. About 600,000 copies, almost twice the level in the next highest state, are sold in California. The National Enquirer published an article about Shirley Jones, an entertainer. Jones, a California resident, filed a lawsuit in California state court against the National Enquirer and its president, who was a resident of Florida. The California lawsuit sought damages for alleged defamation, invasion of privacy, and intentional infliction of emotional distress. Calder v. Jones, 465 U.S. 783, 104 S.Ct. 1482, 79 L.Ed.2d 804, Web 1984 U.S. Lexis 4 (Supreme Court of the United States) 1. What kind of paper is the National Enquirer? After researching many peer-reviewed sources within the University Library and other websites, I hate to use the Wiki, however, it seems to be the only website that gives a description of the National Enquirer I also find to be accurate. Even the National Enquirer website lacks any type of description. The Wiki states that “the National Enquirer is an American supermarket tabloid…currently well-known for exaggerating, as well as fabricating in its articles focusing on celebrity news, gossip, and crime in order to sell its newspapers” (Wikipedia, 2010, p. 1). Indeed, I have always found...
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...Business Ethics Case Shirley Jones is resident entertainer of California that has filed suit against National Enquirer, Inc., along with its president. Jones filed her complaint in the California courts with intent to sue for multiple damages of defamation, privacy, and emotional distress against the national newspaper. In this paper I will attempt to answer the question from the reading of section 3.5. The National Enquirer is a weekly tabloid that was founded in 1926 by William Radolph Hearst. In 1952 the paper was purchased by Generoso Pope, Jr. who then used strategic marketing skills by establishing the paper into supermarket shelves across the country in the 1970's. Pope's strategic marketing skills led to the papers success by being an attention grabber. The question at hand is if National Enquirer should try to avoid suit in California, but is really an ethical decision that needs to be considered by National Enquirer. The Defendant National Enquirer, Inc., is located in Florida and plaintiff Shirley Jones in California, two different states; however suit can be determined by the courts; are there "minimum contacts" with the foreign state by jurisdiction (Quisi in rem) a plaintiff who obtains a judgment against a defendant in one state will try to collect the judgment by attaching property of the defendant that is located in another state (Cheeseman, 2010). Generally, the requirement of minimum contacts means that the defendant has to have taken actions that were...
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