Princess Cruise Lines was fined 40,000,000 for illegal dumping of oil-contaminated waste from the Caribbean Princess cruise ship. Dating back to 2005. How can large companies prevent illegal activities from happing within organization?
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Princess Cruise Lines was fined 40,000,000 for illegal dumping of oil-contaminated waste from the Caribbean Princess cruise ship. Dating back to 2005.
How can large companies prevent illegal activities from happing within organization?
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- In some cases, especially when organizations expand into foreign countries, they experience a form of culture shock when the laws of their new host country conflict with their internal policies. Suppose that SLS has expanded its operations in France. Setting aside any legal requirement that SLS makes its policies conform to French law, does SLS have an ethical imperative to modify its policies to better meet the needs of its stakeholders in the new country? Suppose SLS has altered its policies for all operations in France and that the changes are much more favorable to employees-such as a requirement to provide child and elder-care services at no cost to the employee. Is SLS under and ethical burden to offer the same benefits to employees in its original country?W hat mechanisms are in place to ensure effective delegation of tasks and responsibilities?Corporate Malfeasance has earned a place among the defining themes of the last decade -and - a half, helping give birth to the present global recession and financial crises. The following companies were recently involved in corporate scandal relating allegations of unethical behaviour by individuals acting within or on behalf of the corporation, these corporate scandals predominantly involve financial fraud of some sort. A wave of such scandals swept many companies in recent times. The following international company were recently involved in financial and accounting scandals. Tyco - New Jersey based blue chip Swiss Security Systems REQUIRED: a) Give a brief but comprehensive summary of the scandal that took place (Introduction) b) What actually happen? c) Who was involved or who were the main players?
- Corporate Malfeasance has earned a place among the defining themes of the last decade -and - a half, helping give birth to the present global recession and financial crises. The following companies were recently involved in corporate scandal relating allegations of unethical behaviour by individuals acting within or on behalf of the corporation, these corporate scandals predominantly involve financial fraud of some sort. A wave of such scandals swept many companies in recent times. The following international company were recently involved in financial and accounting scandals. Tyco - New Jersey based blue chip Swiss Security Systems REQUIRED: a) How did it happen or how was it done? b) How did it come to light or how were they caught? c) What penalties were slapped on the companies? d) What recommendations can you make to prevent such scandals from reoccurring?An organisational culture is most likely to shape high ethical standards within an organisation, if it is high in risk tolerance, control and conflict tolerance. Select one: True FalseHow would the power distance dimension apply within a given organization?
- Please help me answer all of the questions given for the case study 1. ABC Company permits its employees to borrow company tools. Engineer Ali took full advantage of thisprivilege. He went one step further and ordered tools for his unit that would be useful for his home-buildingprojects even though they were of no significant use to his unit at ABC. Engineer Green had suspected forsome time that Ali was ordering tools for personal rather than company use, but he had no unambiguousevidence until he overheard a revealing conversation between Ali and Bob, a contract salesman from whomAli frequently purchased tools.Green was reluctant to directly confront Ali. They had never gotten along well and Ali was a senior engineerwho wielded great power over Green in their unit. Green was also reluctant to discuss the matter with theChief Engineer of their unit, in whom he had little trust. Eventually, Green decided to talk with the purchase officer, whose immediate response was, “this…What is the effect of globalization on organizational ethics?Asking what factors affect stakeholders?
- The recent widespread scandal at Wells Fargo jolted and shocked the corporate world. How could such internal corrupt and outrageously illegal and unethical activities by professionals have occurred? Wells Fargo is “an American multinational financial services company headquartered in San Francisco, California” with offices nationwide and “the world’s second-largest bank by market capitalization and the third largest bank in the U.S. by total assets.” In September 2016 it was discovered that the company was continuing to create fake customer accounts to show positive financial activity and gains. 5,000 salespeople had created 2 million fake customer accounts to meet high-pressure internal sales goals, including a monthly report called the “Motivator.” The out-of-control sales leadership pressured sales employees to meet unrealistic, outrageous sales targets. Dramatically unrealistic sales goals propelled by continuous pressure from management coerced employees to open accounts for…Princess Cruise Lines was fined 40,000,000 for illegal dumping of oil-contaminated waste from the Caribbean Princess cruise ship. Dating back to 2005. The upper management permited the illgal activty. Who benfits and suffers for management decesion?Bruce Forest found out that the rumours about their firm hiring undocumented immigrants was true. Which ethical question would Bruce MOST likely ask himself? A) How many undocumented immigrants should we hire? B) Should I stay knowing I am now a party to this deception? C) Which countries are these undocumented immigrants from? D) Why is the company hiring undocumented immigrants?