SCM 305 HW 3

1. Is it wise for a government to try to legislate ethics through laws such as theFCPA?   2. Consider the following scenario: A sales representative from a textbookpublisher calls on your professor to try to get him or her to adopt a new textbook.Is it okay for the professor to accept a free lunch from a publisher’s salesrepresentative? If it is okay for a professor to accept a free lunch, what about afree game of golf? What about a free set of golf clubs after the game?

Use the Kantian Ethical theory to advise the fraudster on why he should never have used Zama and the company as a means to his own selfish end.

Which aspect of environment law makes it uniquely hard to sue for environmental harm? None of these answers It is often hard to find a plaintiff willing to sue for environmental damage It is uncommon for entities to harm the environment, and hence lawsuits based on environmental harm would be rare Potential plaintiffs often lack direct harm to them or their property E Which is the best example of a "linear" economy? MegaCorp extracts wood from trees, transforms them into toys for children, which typically last many years BigCorp extracts oil from the ground, transforms it into plastic detergent bottles, which are discarded after use UltraCorp extracts copper from the ground, which is used in wiring. After use, the wiring is converted into new wiring through a industrial process Each of these answers What is the best example of a regulatory "nudge"? A law requires consumers purchase utilities from only specific companies that satisfy certain air pollution emission criteria A law bans…

For this case, I would like for you to provide your opinion on three concepts covered in Chapter 14 (benefits). I would also like for you to support your opinion with logic, rationale, and/or accompanying information from outside sources (be sure to cite your sources). Social Security – Why is social security as it currently exists experiencing a crisis? What should be done to fix it? How do you think the plan should change? Healthcare – explain how healthcare has been affected since the passing of the Affordable Care Act. What do you think about this law? Is it good or bad? Support your opinion with data. Retirement – what do you think about employer-sponsored retirement programs? If you owned a firm, what retirement benefits (if any) would you provide your employees? What type of plans are better or worse?

2. Discussion 5: Exemplars of CSR MARKETNG 766 Look online or search business articles and magazines to find examples of companies that lead their industry in regards to ethical behavior and social responsibility. Post the information that you have found about the company -- A link to an article or a webpage or an uploaded pdf would be nice. So that we can learn by example from firms that behave ethically and what the positive outcomes are from their choices. Were there any situations where it was difficult or caused short term setbacks for the company's ethical behavior?

How do you think the problem of moral hazard might have affected the safety of sports such as football and boxing when safety regulations started requiring that players wear more padding? Explain with examples.

Use movie the proposal to answer questions in terms of business ethics 1. What makes this situation unethical? 2. What would you do if you were in this situation? 3. Do you agree or disagree with the outcome of the situation?

Some restaurants offer a 10% discount on the payment of bills in cash because they do not have to pay the tax then. Assuming both customers and restaurants are comfortable with such a situation. Do such practices should be permitted or restricted? Explain the reasons and perform an ethical analysis of such situations using at least 2 workable ethical theories. Indicate at least one ethical theory that makes this situation ethical for both parties.

3. It is undeniable that fraud is rampant in the business economy, where everyone goes and transact with the internet. Share your sentiments about fraud that are occurring in the business economy during this pandemic. What could you advise to the people to avoid fraud? What are the preventive measures would you suggest to avoid Online Fraud?

What do you consider to be the primary ethical, social, and political issues regarding the quality of a software product? For example, how does the use of electronic voting machines act as a "double-edged sword?" What moral dimensions are raised by this use of information technology?

It is! With ethical questions in business, you can weigh different factors and consider: How the decision might affect the common good of society at large and the greatest moral virtues: prudence, temperance, courage, and justice. How the decision might affect our stakeholders and profitability; whether the decision is consistent with our company's values; and how the public would react if they found out about our decision.

According to Texas Health Resources and Intel: Ethics, IT, and Compliance: Should organizations pursue high ethical standards regardless (or in spite of) their bottom-line impact? Or should they limit themselves to those scenarios where “good ethics make for good business?

Suppose your city is debating a change in policy from illegal use to legalizing recreational use of marijuana and cannabis products. Your local officials ask you to identify the appropriate aspects required to perform a cost- benefit analysis of this policy change. Using the principles of cost-benefit analysis, your local officials need help in identifying and understanding the benefits to consumers, the benefits to producers, total costs to consumers, total costs to producers, total costs from possible externalities, opportunity costs, incommensurable effects and intangible effects. For simplicity, dynamic time effects, which involve discount rates, are ignored. Following the principles of cost-benefit analysis, are the possible positive health effects (a positive externality) accounted for in cost-benefit analyses? O No. The health effects do not factor into cost-benefit analysis. O Yes. The health effects should be estimated but are a transfer and thus ultimately do not count…

Paragraph 7. There are many worthy causes or programs that deserve support from socially responsible companies. In your opinion, which types of causes or programs are the most deserving? Explain your reasoning. Accessibility: Unavailable DOLL DELL Jan 24, 2022, 5:11 PM

Please answer fast in both

The Justice Department shut down three of the most popular online poker websites. State agencies take countless actions each year to stop illegal gaming operations. Do you believe that gambling by adults should be regulated? If so, which types? Rate the following types of gambling from most acceptable to least acceptable: Ball-Mart, a baseball card store, had a 1968 Nolan Ryan rookie card in almost perfect condition for sale. Any baseball collector would have known that the card was worth at least $1,000; the published monthly price guide listed its market value at $1,200. Bryan was a 12-year-old boy with a collection of over 40,000 baseball cards. When Bryan went to Ball-Mart, Kathleen, who knew nothing about cards, was filling in for the owner. The Ryan card was marked "1200", so Bryan asked Kathleen if this meant 12 dollars. She said yes and sold it to him for that amount. When Ball-Mart's owner realized the mix-up, he sued to rescind the contract. Who wins?

READ THE ARTICLE BELOW AND ANSWER THE QUESTIONS THAT FOLLOW:Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA EthicsExams and Misleading InvestigationLargest Penalty Ever Imposed by SEC Against an Audit FirmWashington D.C., June 28, 2022The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheatingby its audit professionals on exams required to obtain and maintain Certified Public Accountant(CPA) licenses, and for withholding evidence of this misconduct from the SEC’s EnforcementDivision during the Division’s investigation of the matter. EY admits the facts underlying theSEC’s charges and agrees to pay a $100 million penalty and undertake extensive remedialmeasures to fix the firm’s ethical issues.“This action involves breaches of trust by gatekeepers within the gatekeeper entrusted to auditmany of our Nation’s public companies. It’s simply outrageous that the very professionalsresponsible for catching cheating by clients cheated…

READ THE ARTICLE BELOW AND ANSWER THE QUESTIONS THAT FOLLOW:Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA EthicsExams and Misleading InvestigationLargest Penalty Ever Imposed by SEC Against an Audit FirmWashington D.C., June 28, 2022The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheatingby its audit professionals on exams required to obtain and maintain Certified Public Accountant(CPA) licenses, and for withholding evidence of this misconduct from the SEC’s EnforcementDivision during the Division’s investigation of the matter. EY admits the facts underlying theSEC’s charges and agrees to pay a $100 million penalty and undertake extensive remedialmeasures to fix the firm’s ethical issues.“This action involves breaches of trust by gatekeepers within the gatekeeper entrusted to auditmany of our Nation’s public companies. It’s simply outrageous that the very professionalsresponsible for catching cheating by clients cheated…

VOLKSWAGEN: THE SCANDAL The Environmental Protection Agency (EPA) found that many VW cars being sold in America had a "defeat device" - or software - in diesel engines that could detect when they were being tested, changing the performance accordingly to improve and falsify results. The German car giant has since admitted to cheating emissions tests in the US. The result of this cheating is that engines emitted nitrogen oxide pollutants up to 40 times above what is allowed in the US. Martin Winterkorn, the VW Chief Executive at the time, produced a video where he said that he was “endlessly sorry” and that the misconduct was a result of “the grave errors of very few” employees. 1. How did VW jeopardize both their internal business ethics and culture and external business ethics to consumers? 2. What responsibility does VW owe to their employees who were not part of the scandal? 3. Did the employees involved in the scandal violate their loyalty to the company?

DQ3: Corporate Ethics: Discuss the situations in which the corporate entity should be disregarded. De­scribe any situations they know of in which the behavior of a company was so socially repugnant that the own­ers should have been held personally liable.     Is it easier to start a business in “virtual” space than in “real” space?  Is it less (or more) expensive?  What are the applicable laws?  Perhaps most important from a business person’s perspective, is it possible to turn a profit?  How?  Are there different considerations for choosing an organizational form for doing business on the Net than there are for doing business elsewhere?  If so, what are they? What legal principles and laws apply to online sexual harassment in the workplace?  How might employee cyberstalking be prevented, both from a legal and a practical point of view?

7. What is sustainability reporting? How is CSR reporting related potentially to firm performance?

1 Explain in your own words your understanding or definition of CSR. 2. Choose any company and its location. Identify any external stakeholder and explain the stakeholder's interests or needs from the business. Propose a joint CSR initiative or project which will benefit both the stakeholder as well as the business.

Three foundational perspectives of ethical thinking are Autonomous, Heteronomous and Theonomous. Carefully discuss why these perspectives are considered foundational to ethical thinking and an ethical school that has adopted each such thinking. Carefully discuss the role of the finance industry within an economy. With the use of reported examples, explain three misconducts and their causes that justify the need for finance ethics. Please provide references.

An investigative journalist from the BBC has claimed that a major clothing brand uses factories in Indonesia which pollute nearby rivers, damaging the health of local people who use the rivers for bathing and washing. The factories provide much-needed employment in the local area. Determine the different groups of stakeholders involved in this issue. As CEO of the clothing brand, how would you balance the interests of these different groups of stakeholders?