How is hiring the “next gen
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1. How is hiring the “next generation” of Chinese elites different from practices here in North America. Is it the same as Clinton’s daughter securing a job at a hedge fund company?
2. What are some of the moral principles involves here and what are some of the consequences of this practice? How does any company stay competitive if others choose to conduct unethical business practices?
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Solved in 3 steps
- Consider again Milton Friedman’s article. 1. What does Friedman mean by “ethical custom”? 2. If the laws of the society are limiting the company’s profitability, would the company be within its rights to disobey the law? 3. What if the law is “on the books,” but the company could count on a lack of enforcement from state officials who were overworked and underpaid? Should the company limit its profits? Suppose that it could save money by discharging a pollutant into a nearby river, adversely affecting fish and, potentially, drinking water supplies for downstream municipalities. In polluting against laws that aren’t enforced, is it still acting “within the rules of the game”? What if almost all other companies in the industry were saving money by doing similar acts?The following statements have appeared in newspaper editorials:1. Business students come from all segments of society. If they have not been taught ethics bytheir families and by their elementary and secondary schools, a business school can have littleeffect.2. Sacrificing self-interest for the collective good won’t happen unless a majority of Americansalso accept this premise.3. Competent executives manage people and resources for the good of society. Monetary benefitsand titles are simply the by-products of doing a good job.4. Unethical firms and individuals, like high rollers in Las Vegas, are eventually wiped outfinancially.Required:Assess and comment on each of the statements.How does Poland's culture impact the ethical reasoning of its people?Describe how the country's ethical reasoning might disrupt global business?
- Undertaking FDI, by definition, means not investing in the MNE’s home country. What are the ethical dilemmas here? What are your recommendations as (1) MNE executives, (2) labor union leaders of your domestic (home-country) labor forces, (3) host-country officials, and (4) home-country officials?Do you think we have an agency problem in big businesses and organizations (such as Eskom) in South Africa?Identify and explain the major factors in the social environment that create an atmosphere in which business criticism takes place and prospers. Provide examples. How are the factors related to one another? Has the revolution of rising expectations run its course? Or is it still a reality among young people today?
- 1. Do you think that financial managers should be held to a higher standard of ethical behavior? 2. In the video on ethics and my article from the Conway Daily Sun, there were several examples of unethical behavior, Please discuss a real life example of unethical behavior either from your personal experience or from the news. What do you think can be done to change the unethical behavior, or do you think it can't be stopped?How should the CEO of a successful and growing US mobile phone company that plans to expand to a new country that is likely to develop into a huge market deal with the dilemma of the necessity to engage in bribery to be allocated operating frequencies in the new country, and the company’s desire to uphold its model ethical leadership, and maintain the culture of integrity, and honesty, which have given the company an excellent reputation among its customers and suppliers.Why do people commit fruad in there jobs? what should a manager do if some of its workers committed fraud and been fired and charged criminally.
- 1. Why are employees inside stakeholders but (workers) unions classified as outside stakeholders? 2. To what extent does “discretionary responsibilities” support the argument for corporate social responsibility? 3. Citing the findings of published articles, does pursuing CSR make companies more profitable? 4. Differentiate between workplace romance and sexual harassment. 5. A Lecturer reports a student to management because the latter offered the former a fuel voucher. According to the definition of bribery, was the Lecturer right in the action she took?Why have there have been so many business scandals mentioned in the media over the past few years? Have companies simply gotten worse, or have people become more sophisticated in identifying improper activity? What is the role of the Accountant? Sarbanes-Oxley, for example, has placed much more responsibility on the CEO and corporate officers? Are there additional laws that should be considered to ensure these scandals do not continue to occur? Should non-executives be held liable for corporate wrongdoing? in 200 words, please.1. Why are employees inside stakeholders but (workers) unions classified as outside stakeholders? 2. To what extent does “discretionary responsibilities” support the argument for corporate social responsibility? 3. Citing the findings of published articles, does pursuing CSR make companies more profitable? 4. Differentiate between workplace romance and sexual harassment. 5. A Lecturer reports a student to management because the latter offered the former a fuel voucher. According to the definition of bribery, was the Lecturer right in the action she took? Answer all please
