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Discuss the link between ethics
and trust using relevant evidence and research to support your answer.
Step by step
Solved in 2 steps
- Assess the benefits and risks of your chosen course of action(s).these must be backed up by strong evidenceWhy would a company continue to pursue illegal and/or unethical actions even after the deception has been uncovered? What policies, practices, or structures could be incorporated in a code of conduct to ensure that such deception was revealed sooner?How should a nonprofit charity handle the loss of personal data about its donors? Should law enforcement be involved? Should donors be informed?
- You are required to assess key functions including risk management and compliance for J.P Morgan Chase, and present a written report based on J.P Morgan Chase on the following in 2,000 words: Risk management framework – Conduct an analysis of the risk management process/ framework implemented at the J.P Morgan Chase (including risk assessment and risk control mechanisms). You are required to report on key risks that the institution is exposed to and explain aspects of the framework, emphasizing the effectiveness of the risk management strategies used. Anti-Money Laundering and Terrorist Financing Strategies – Discuss with examples, J.P Morgan Chase approaches/ strategies to combat money laundering and terrorist financing issues. Statutory legislation and compliance - Explain the importance of financial institutions meeting regulatory requirements. Comment on specific legislation that J.P Morgan Chase must be compliant with.You know that you will be returning to college in the fall. Is it ethical for you to apply for the job without mentioning this fact? Why or why not? If you believe it is unethical to withhold that information,is there any ethical way you can apply?Subject: Business Ethics You are the Chief Finance Officer (CFO) of your business organization. Your company recently received a letter of authorization from a government agency (I will not mention the name anymore, but I am confident you know its agency). After going through your records, the government agency representatives reported to your Chief Accountant that your company has a tax payment deficiency of Php 10 million. Your Chief Accountant told you that representatives of the government agency could lower the flaw by half if your company is amenable to a particular settlement. As the company's CFO, what is your take on the matter?
- 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?“Government ethics refers to a professional code of conduct for those working in and for government. Government ethics involves protocols about right and wrong behaviours for many different groups, like elected leaders (Prime Minister and Cabinet Ministers), elected representatives (Members of Parliament), political staff, and public servants.”In the light of this statement critically discuss the relevance and importance of ethics in the public sector.What a particular fault or weakness in the area of interpersonal and relationship building skills could effect an individual? What actions can be taken immediately, and sustain going forward, to ensure this is course corrected? If not addressed, how might this area impact to a Finance Professional? What, if any, complications might arise from the current Covid-19 situation that could impede progress in addressing this area?
- Describe how a Board of Directors should evaluate data and intervene in managing risk limits how risk management should interface with regulatory oversight.How can a company’s code of conduct help safeguard against illegal and unethical actions being taken by employees when facing such pressures?Suppose that managers of a corporation approve corporate donations to a charity in the local community. How might a stakeholder proponent analyze the ethics of this donation?