Summary of Wall Street Movie

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Shaw, W.H. (2014). Business ethics: A Textbook with cases, (8th ed.). Boston, MA : Cengage.

The author Robert Solomon argues that ethics has to an integral part with regard to business management. He does not believe that business management must include unethical or illegal methods to be able to succeed. Solomon preaches that business management is not as simple as obtaining revenue. “Businesses need to abide by fair policies and their owners have to be ethical in dealing with their customers” (Shaw p. 37). The author acknowledges that while illegal practices in business management could bring positive results at first, eventually the business is bound to fail. This is why Solomon recommended eight important policies that can help businesses in integrating ethics into their operations.

Lau, T., & Johnson, L. (2013). The legal and ethical environment of business. (1st ed., p. 11.2-11.5).

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The movie takes place in the early 1990’s, when Jordan Belfort partners with Donny Azoff to start his brokerage firm, Stratford-Oakmont. After the introduction given by Jordan, we follow his life from the time that he is 22 years old when he had just started on wall street, all the way to the time of his arrest. Throughout the movie, you can see Jordan’s narcissistic personality aid him in his rise to the top and eventually lead to his fall.

Ethics in business addresses the ‘right’ and ‘wrong’ behaviours of business practises, and how these practices impact the employees, shareholders, the general public and the environment.

nor G.Fox and Partners, Inc. never paid the bill and Coopers then sued G.Fox, individually, for

21st Century Fox has a clear and concise vision for the future of their company. Their main goal, is to reach as wide and as diverse of an audience as possible, in order to maximize their viewership, and thus, profits for shareholders (3). Over the past year, the company has greatly increased the variety of content available to their existing consumers by investing in new media, including films such as The Fault in our Stars, X Men: Days of Future Past, and The Grand

Clarkson, K. W., Miller, R. L. R., & Cross, F. B. (2012). Business law: Text and cases: legal, ethical, global, and corporate environment. Mason, Ohio: South-Western Cengage Learning.

This paper is composed for the individual assignment for week 2 of the MBA 633 Legal Issues in the Workplace course. The topic for this assignment consists of the differences between ethical and legal business issues. This paper will provide answers to questions related to employee behavior away from the office, and the Foreign Corrupt Practices Act and bribes. Both topics have been presented in the form of video cases (video 93 and 98) found in the Cengage digital video library.

The problem to be investigated is the application of business ethics. In the business world, ethics are extremely important. Ethics are prime elements that help a business to grow and to become more productive. It is by applying proper business ethics that a business can operate in a moral or ethical business environment and managed to conduct all activities in a manner that maximizes profits while not compromising all other non-economic concerns(Schwab, 1996). Businesses have over the years failed to nurture business ethics in order to fulfill shareholders' interests and to have a culture that is oriented towards profit maximization and high performance(Jennings, 2012; Sims & Felton, 2006). This has led business to have gray areas in their activities. Gray areas are those situations or problems that do not fit exactly into any ethical analysis. These are the activities which may be represented to be immoral as a result of lying and false representations on the part of the business.

This will be an over view of ethics as it relates to business in our society. Concepts from Philosophy will seek to describe the correlation between actions that are classified as morally right or ethical in our dealings with each other as human beings. Clear and concise examples will be given as well as ways in which to improve upon business ethics.

If you have ever seen the movie The Wolf on Wall Street, there is no doubt you have seen the effects drugs can have. Leonardo DiCaprio portrays a high-strung stock broker reliant on a multitude of illegal drugs to keep up with his hectic life style. His addiction gets so severe that at one point in the movie, he is lying on the floor, unable to move due to the drugs’ effects on his body. Even though the movie is set in the 90’s, a decade infamous for its use of drugs, today, drug usage and abuse has never been more of an issue. According to Alice Park (2016), “More people died of drug overdoses in 2014 in the U.S. than in any other year” (p.49). What people fail to realize is that drug abuse effects more than just the individual that uses them. The loved ones trying to support the user, the community the user is in, can all be affected by drug abuse. In fact, all members of society are affected by the abuse of drugs. In short, no one benefits from drug abuse. In the words of the Nation Institute of Drug Abuse, “Drug abuse is a major public health problem that impacts society on multiple levels. Directly or indirectly, every community is affected by drug abuse and addiction, as is every family. Drugs take a tremendous toll on our society at many levels” ( Magnitude, 2016).

In any given movie that one may watch, you can break it down and look at the philosophical meaning behind it and create an ethical perspective. One could take bits and pieces of the movie and compare them to the ethical theories of either one or multiple theorists, with the goal being to create a better understanding of what the film’s ethical basis is and how exactly they incorporate the theorist’s ideas into the film. One of the most recent films that caught the eye of theorists within the ethical department is the movie “Wolf on Wall Street”. In this essay I will present the critique of this movie, the multiple ethical dilemmas such as: Utilitarianism, virtue theory, and how the characters disregarded these ethics in their mission for wealth and success.