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- A bookkeeper tried for several years to expose fraud in the organization’s accounting department, but he couldn’t get anyone to pay attention to his claims. How would you evaluate this employee’s power? What might he have done to increase his power and call notice to the ethical and legal problems at the firm?how could the Enron scandal be avoided? a. Introducing Minority shareholders incentives b. Increasing cost of minority shareholders incentives c. Introducing Majority shareholders incentives d. None of themRead the article below and make a reaction based on the lessons learned. Recent corporate scandals have heightened firm sensitivity to potentialethical breaches among senior executives. Through developing and communicatingwhistleblower policies, firms often hope to surface potential ethical lapses toquickly exhibit those involved. However, Renault recently learned that notevery allegation is true, and that often it is better to presume innocenceuntil guilt has been proven. In August of 2010 anonymous letter was sent to anumber of senior managers alleging that three leaders of Renaults Electric VehicleProgram had negotiated a bribe. An internal investigation revealed that thethree men held accounts in Switzerland and Liechtenstein, and it was believedthat these accounts were used to funnel bribes to them. Thus, the executiveswere fired in January 2011 with CEO Carlos Ghosn suggesting that the companyhad evidence that these individuals were passing along the…
- What Would You Do?1. Continue Westwind's zero-tolerance policy toward shoplifting. It's the right thing to do-and it will payoff in theend in higher profitability because the chain's reputationfor being tough on crime will reduce overall losses fromtheft.2. Adopt Chris Dykstra's proposed changes and show moreleniency to first-time offenders. It is a more cost-effectiveapproach to the problem than the current policy, plus itstays close to your father's original intent.3. Adopt Chris Dykstra's proposed changes with an evenhigher limit of $50 or $100, which is still less than thecost of prosecution. In addition, make sure the policy isn'tpublicized. That way you'll reduce costs even more and stillbenefit from your reputation for prosecuting all shoplifters.The Commission for the Prevention of Corruption is reminding heads of public sector agenciesand employers in the private sector that they have a legal obligation to facilitate employee whistleblowing. The Protected Disclosures (Whistle-Blower) Act, 2011, encourages disclosures regardingimproper conduct in the interest of the public.A. Use appropriate examples to justify TWO (2) occasions when whistle-blowing is considered ethical.B. Comment on TWO (2) possible risks involved in being a whistle-blower. C. As CEO of an international company, outline THREE (3) strategies that you would implement to encourage your employees to report unethicalRecurrent scandals and instances of official mischief in government pose a greatthreat to the democratic notions of the rule of law. By engaging in the misuse ofoffice for self-gain, corrupt representatives of the people illegally putthemselves above the law. Moreover, a public official’s wrongdoing underminesthe argument that all people are created equal. Nonetheless, the culture ofwhistle-blowing is increasingly discouraged for a number of reasons.A)Explain four (4) implications of corruption in public administrationB)Discuss a number of reasons that deter individuals from engaging in whistleblowing
- If Feuerstein had decided to use the insurance money for other purposes, would he have not been acting ethically?6) From a corporate governance perspective, MNEs are: a. doing nothing wrong by maximizing shareholder returns. b. shirking their domestic CSR when they devote resources overseas. c. foolish to focus on CSR. d. big enough to treat host and domestic communities equally.1) Are CEOs and key executives worth the large pay packages they receive? Explain. 2) Do you agree with Peter Drucker that corporate executives should receive compensation packages no larger than a percentage of the pay of hourly workers? Explain. 3) Do you think that executives in the broader public sector, such as hospital executives, should receive such large pay packages?
- The SituationYou work for a growing company, which thus far has operated only in the United States and Canada. Its board has just approve a plan to expand operations in two locations in the world whose local populations are overwhelmingly Hindu. The company management knows nothing about Hinduism, except perhaps for a few stereotypes. The company plans to hire most of its staff locally, so it needs basic information about Hinduism so that it can conduct advertising, human resources, and other aspects of its operations without offending cultural sensibilities.Your TaskYou work in the accounting department, but because you have a degree in religious studies, the company’s management has asked you to prepare a brief report on certain aspects of Hinduism. It will use your report as the basis for determining a plan for further study. Your report, therefore, should be clear and specific about religion However, it need not and should not concern itself with details about how…1. Crane and Matten define ethical theories as “the______ and principles that determine right and wrong for a given situation. 2. De George (1999) suggests two extremes in locating a place for ethical theory. What are these two extremes? a) Normative / instrumental. b) Moral / immoral. c) Absolutism/relativism. d) Religious / non-religious. 3. Consequentialist ethical perspectives base their moral judgment on the motivations and/or principles of the actors. a) True b) False 4. Match the major normative theories of business ethics with the rules they employ. a) Egoism = Self-interest b) Utilitarianism = Act or rule utility c) Ethics of duties = Categorical imperative d) Rights and justice = Respect for human beings 5. What, according to Theory, are the main problems with utilitarianism? Please select all that apply. a) Distribution of utility b) Subjectivity c) Limited social acceptability d)…Explain on:a) Stake holders?b) Social development?c) Corporate social responsibility? sir give me sort ans .thank you .
