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- Mr Abuhas set up a Limited Liability company as a retail business. He employed a Managing Director to manage the affairs of the business. The managing Director openvacancies and employed several subordinates into the company to work under him. Two years down the line,The MD resigned from the company and one of the employees was promoted as the New MD. During the First MD regime, Sales staffs were meeting their targets over and above expectations but as soon as the New MD assumed his position two Sales staffs resigned and hence sales within the first term ofh is office fell 15%. a.What type of people do you think he employed? b.What challenges do you think the new MD will face? c.What should the new MD do? d.As as staff of the company, what will you feel or think? e.What type of leader is the new MD?Mr Abuhas set up a Limited Liability company as a retail business. He employed a Managing Director to manage the affairs of the business. The managing Director openvacancies and employed several subordinates into the company to work under him. Two years down the line,The MD resigned from the company and one of the employees was promoted as the New MD. During the First MD regime, Sales staffs were meeting their targets over and above expectations but as soon as the New MD assumed his position two Sales staffs resigned and hence sales within the first term ofh is office fell 15%. 1.What should the new MD do? 2.As as staff of the company, what will you feel or think? 3.What type of leader is the new MD?_______ Some AIG executives were aware of thefinancial problems the company was facingand yet failed to reveal this information to thepublic.These actions taken by AIG executives werea. moral.b. normal.c. in the best interests of shareholders.d. unethical.e. in the best interests of the employees.
- Mr. Maadh is a General Manager of a construction company who approves all the building project received including a project which has not fulfilled legal requirements. In spite of the legal issues, Maadh approved the project. Which specific ethics he violated? a. Professional Ethics b. Personal values c. Psychological value d. Normative Ethics Clear my choiceCode of ethicsBizCafe's business is already underway, but without a code of ethics that gives formality to the commitment that employees must have to maintain professional, healthy and human behavior in the company. This code of ethics must promote an appropriate workplace and establish the conduct expected of all those who make up the BizCafe organization, from the founder (or owner) and management to employees in general. InstructionsYou will develop a code of ethics for your BizCafe business. First, you must evaluate how you, as the business owner, want employees to behave and act. This will help you develop the business code of ethics for this business according to the needs of the company and its stakeholders. The code language must be simple, concise and easily understood by all those who make up the organization. Likewise, it must be a practical document, easily accessible and available to all those to whom it is directed. Furthermore, it must be balanced between rights and…Code of ethicsBizCafe's business is already underway, but without a code of ethics that gives formality to the commitment that employees must have to maintain professional, healthy and human behavior in the company. This code of ethics must promote an appropriate workplace and establish the conduct expected of all those who make up the BizCafe organization, from the founder (or owner) and management to employees in general. InstructionsYou will develop a code of ethics for your BizCafe business. First, you must evaluate how you, as the business owner, want employees to behave and act. This will help you develop the business code of ethics for this business according to the needs of the company and its stakeholders. The code language must be simple, concise and easily understood by all those who make up the organization. Likewise, it must be a practical document, easily accessible and available to all those to whom it is directed. Furthermore, it must be balanced between rights and…
- Code of ethicsBizCafe's business is already underway, but without a code of ethics that gives formality to the commitment that employees must have to maintain professional, healthy and human behavior in the company. This code of ethics must promote an appropriate workplace and establish the conduct expected of all those who make up the BizCafe organization, from the founder (or owner) and management to employees in general. InstructionsYou will develop a code of ethics for your BizCafe business. First, you must evaluate how you, as the business owner, want employees to behave and act. This will help you develop the business code of ethics for this business according to the needs of the company and its stakeholders. The code language must be simple, concise and easily understood by all those who make up the organization. Likewise, it must be a practical document, easily accessible and available to all those to whom it is directed. Furthermore, it must be balanced between rights and…Code of ethicsBizCafe's business is already underway, but without a code of ethics that gives formality to the commitment that employees must have to maintain professional, healthy and human behavior in the company. This code of ethics must promote an appropriate workplace and establish the conduct expected of all those who make up the BizCafe organization, from the founder (or owner) and management to employees in general. InstructionsYou will develop a code of ethics for your BizCafe business. First, you must evaluate how you, as the business owner, want employees to behave and act. This will help you develop the business code of ethics for this business according to the needs of the company and its stakeholders. The code language must be simple, concise and easily understood by all those who make up the organization. Likewise, it must be a practical document, easily accessible and available to all those to whom it is directed. Furthermore, it must be balanced between rights and…Ann Donnelly is a senior audit manager in an East Coast office ofa public accounting firm. Her prospects for promotion to partner are excellent if shecontinues to perform at the same high-quality level as in the past. Ann was recentlymarried, and she and her husband bought a large home in a prestigious neighborhood.Ann just returned from a vacation and was immediately called into an audit partner’soffice for a discussion related to one of her publicly traded audit clients. This auditengagement, which had been completed with an audit report issued several monthsprior, had been selected for a PCAOB inspection and the partner is concerned. PCAOBinspections can be stressful for the primary engagement partner and often result in theidentification of audit deficiencies by the PCAOB, which are then discussed with the auditfirm. The partner is concerned he will look bad and may even face penalties from the firmif there are serious deficiencies identified.Under PCAOB auditing standards, all…
- Case Ethical Issues in Laboratory Management A colleague asks his friend, a technologist, for the results of his girlfriend's pregnancy test. The technologist obliged after telling his friend that he is doing him a big favor, and that he should not tell anyone that he told him, The test was positive. The laboratory manager was told about it through another employee. Issues and Questions to Consider: 1. Evaluate the information and the problem. 2. Identify the stakeholders.5- Which one of the following is not considered as unethical action? a. An employee who is asked to do an illegal activity at work b. A child disobeying his parents c. A company that throw all its chemical waste in the public place d. A manager who is prejudice with his staff during their promotionYou are working on a construction project. You, your team, and yoursenior manager all feel that the work is complete. However, one of yourstakeholders disagrees, and feels that one deliverable is not acceptable. Whatis the BEST way to handle this conflict?A. Renegotiate the contractB. File a lawsuit to force the stakeholder to accept the deliverableC. Follow the administrative and contract closure proceduresD. Consult the contract and follow its claims administration procedure One way contract closure differs from administrative closure is:A. “Administrative closure involves the stakeholders and the team; contract closureinvolves only the team but notthe stakeholders”B. Administrative closure defines actions the team must take; contract closure defineslegal commitmentsC. Administrative closure means verifying that the project is complete or terminated;contract closure means verifying that the contract terms were satisfiedD. Administrative closure is performed by the seller; contract…