for one to function without the other. There are internal and external factors that affect these four functions of management. The following will explain how these factors affect the functions of management in Globalization, Innovation, Diversity, Ethics, and Technology. Globalization Capital One Bank, as a credit card giant and one of the worlds’ strongest banks, has evolved with the current market. Globalization allows businesses to interact and trade past traditional geographic and political
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the goodness and sake of the people around him or people that are not even related to him that was in need. Doing righteous things is very important. Because here, we not only follow our conscience but we follow the teachings of God. This is the ethic that brings a person to success. It also makes a person with honor and integrity and helps him to be a better and happier person. It is one of the cornerstones of loving relationships and common deeds. Ara Cheska D. Famatigan L3B-Legmeth “INTEGRITY”
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study or research could be conducted, all participants should be informed on the purpose of the research, what procedures are involved, benefits of the research and any risks related to the research. In psychology, one of the professional codes of ethics is that all participants must consent to the research and must be debriefed. In the Guatemala study, female commercial sex workers were injected with diseases such as gonorrhea, chancroid, and syphilis without their prior knowledge and consent.
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whether it is ethical for a company not to examine if they indirectly use the child labor. I will apply two ethical theories to this ethical dilemma, the Kantian ethics theory and the Utilitarianism theory. In the Kantian ethics theory, he says, “we should do the right thing regardless of reward or loss”, which is core ideas of his ethics theory. Furthermore, in his famous work Groundwork Metaphysics of Morality, he says, “Nothing is good in itself but the good will.” Additionally, in the Utilitarianism
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This essay will outline events that lead to the fall of Nortel network, a very successful Canadian maker of telecoms equipment in the late 1990’s. Nortel was huge and ranked as one of the largest firms of the world. This success did not last long as acquisitions of fraud, misalignment of funds among other unethical behavior were occurring. Small investors and stakeholders incurred the biggest loss. Nortel Network, a Canadian technology company was considered a fast-moving giant. The company was
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Paper “I’m damned if I do, and I’m damned if I don’t,” (Old Saying). Life is filled with hard choices. In fact, the line between right and wrong action can be so blurred at times, that the morally correct action can truly be a mystery. This is why ethics is so important; because it allows one to sharpen their intellect and be able to discern right action from wrong. However, one part which even gives ethical reasoning a run for its money, is a decision where both outcomes are, by all estimations,
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The disadvantages Elaine faces for rejecting all those loans are that her husband can possibly lose his job because of his commissions slipping. This can jeopardize their Childs education, the can lose their home, and Elaine can possibly lose commission on a big loan because of a of her decision not to grant a loan that is an investment of 10 billion dollars over a period of years. The advantage of rejecting these loans based on her moral courage may actually be good for the company in the long run
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BP OIL SPILL Under the Deepwater Horizon, an offshore drilling ring of British Petroleum (BP) caused an oil spill in the Gulf of Mexico. The incident occurred on April 20th 2010, where equipment failed and caused the explosion sinking the ring, and causing the death of 11 workers and more than 17 workers injured. The British based energy company also faced other problems at the site of the oil spill. More than 40 million gallons (estimated data) of oil spewed into the Gulf of Mexico. Oil spill
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Ethical Dilemma: 8 Men Out After watching the film 8 Men Out, the ethical dilemma became very clear as to what happened in the 1919 World Series. The ethical dilemma was the decision of whether or not to accept payment from gambling boss’s to intentionally lose 5 games during the World Series. Obviously the amount the 8 players were offered was greater than the salaries they were paid to play all year. If they could each make $10,000 in 5 games just to loose, why not? The ethical decisions the players
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Running Head: WORLDCOM AND ETHICS IN ACCOUNTING 1 WorldCom and Ethics in Accounting Brian Bartram Professor Hogan Strayer University Accounting 557 11/05/2012 WORLDCOM AND ETHICS IN ACCOUNTING 2 There have been many corporate and ethical breeches over the years in financial record keeping but it is believed that the current business and regulatory environment is conducive
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