Reference no: EM131104424
Question 1: You work as an accountant for a healthcare organization which has difficulty staying in the black. You discover an accounting error the government made that increases the funding for your company by hundreds of thousands of dollars. Keeping the money will ensure that severely injured people will receive some of the best care. Explain the ethical course of action that should be taken and why. Include in your answer a detailed explanation of the ethical theory used and the possible consequences of your actions.
Question 2: What is the overall relationship between laws and ethics. In regard to the field of human resources, are there times in which laws and ethics conflict? If so, when and how? Provide an example of such a conflict.
Question 3: Your employer asks whether you have completed an assignment that was due last week. Over the past three weeks, you have been completely inundated with new assignments and, as such, you have completely forgotten about this particular task. You know that if you admit to your supervisor that you forgot, you run the risk of being written up (again) and possibly losing your job. Describe how each of three ethical frameworks (deontology, utilitarianism, virtue ethics) would deal with this situation. Which ethical framework would you choose to follow?
Question 4: Is action that is in the interest of a business always in the public interest? When might they be in conflict? What are some examples of business interests that may not be in the public interest? What considerations must employees weigh in these situations? Discuss these considerations specifically in the context of situations related to multinational corporations.
Question 5: You work as a quality control specialist at a baby products manufacturing plant. One of the products that your company makes is a deluxe edition baby crib. The crib is surrounded by a thin netting. While doing routine testing, you notice that the netting easily tears and can cause a choking hazard. You notify your supervisor who is obviously reluctant to do anything because it would cost the company close to a million dollars to fix all of the cribs. What is whistleblowing? How does it relate to ethics? How does it relate to the law? What are some possible consequences of whistleblowing in this situation?
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Provide detail on the prices you will charge
: Provide detail on the prices you will charge. Provide detail on the costs for each of your products. Explain your price mark-up in percentages and in dollars
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What are the objectives of generally accepted
: Why should caution be exercised in the use of the income figure derived in an income statement? What are the objectives of generally accepted accounting principles in their application to the income statement?
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An expression for each random observation as a function
: (b) Generate five random observations for this distribution by using the following uniform random numbers: 0.0956, 0.5629, 0.6695, 0.7634, 0.8426.
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Checking accounts and savings and money-market accounts
: Consider an economy with five assets: 1) Cash 2) Checking Accounts 3) Savings and Money-Market Accounts 4) Bonds 5) Stocks. M1 includes asset classes 1 and 2, and M2 is the sum of M1 and asset class 3. The stock market crashes, and investors who were..
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Accountant for a healthcare organization
: You work as an accountant for a healthcare organization which has difficulty staying in the black. You discover an accounting error the government made that increases the funding for your company by hundreds of thousands of dollars.
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Obtaining uniform random numbers as instructed
: Obtaining uniform random numbers as instructed at the beginning of the Problems section, generate three random observations from each of the following probability distributions.
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Explain the transaction approach to measuring income
: Explain the transaction approach to measuring income. Why is the transaction approach to income measurement preferable to other ways of measuring income?
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Why are the negative externalities associated
: Why are the negative externalities associated with the Barclays Center, which opened in 2012 in Brooklyn, likely to be greater than the negative externalities associated with the Staples Center in Los Angeles, which opened in 1999? Carefully explain ..
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Describes the role of automatic stabilizers in the economy
: Which of the following describes the role of automatic stabilizers in the economy? Automatic stabilizers have a similar impact as discretionary fiscal policy but occur automatically, without action by the government. Automatic stabilizers increase ag..
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