Reference no: EM132635689
Question - Ozzie Foods Case (this is a past exam question)
Ozzie Foods Ltd produces several varieties of muesli and chocolate bars. An action has been brought against the company by a customer who broke a tooth while eating a muesli bar sold by Ozzie Foods Ltd. The chief accountant of Ozzie Foods Ltd, Col Gates, prepared a draft of the financial statements, including a note disclosure about the lawsuit. However, the chief executive officer, Wil MacLean, argued that the lawsuit should not be reported as a contingent liability because Ozzie Foods Ltd might win the case, and any mention of this incident in the financial statements might encourage more lawsuits and potentially increase the company's liability.
Required -
a) Define the ethical problem including identification of relevant stakeholders.
b) Ethical review - Identify two ethical principles that are relevant to the problem and explain why they are relevant.
c) Consider options: - Describe two different courses of action, (i) and (ii), that Col Gates could take.
d) Investigate potential ethical outcomes for each course of action identified in part c). You should consider multiple stakeholders in addressing this component and evaluate the outcome in terms of the principles identified in part b).
e) Decide on action: Conclude by stating which course of action you think Col Gates should take and explain why, with reference to the principles stated in b).
|
Describe your fictitious large company
: Describe your fictitious large company e.g. organisational structure and IT services needed and/or currently provided. Select the industry sector as well as you
|
|
Find what is the value of the shareholders equity account
: DuDu Head, Inc., has current assets of $2,750, net fixed assets of $12,100, What is the value of the shareholders' equity account for this firm?
|
|
What were the important sales tasks in the business
: What were the important sales tasks in the business? What do you consider good/bad behavior (in the field, at the headquarter, across the company)
|
|
Identify a problem or concern in your state or community
: For this assignment, identify a problem or concern in your state, community, or organization that has the capacity for advocacy through legislation.
|
|
Define the ethical problem
: Question - Ozzie Foods Case (this is a past exam question) Define the ethical problem including identification of relevant stakeholders
|
|
Explain holistic gerontological nursing care
: Describe the importance of evidence-based practice in gerontological nursing. Give 2 examples. Explain holistic gerontological nursing care.
|
|
Benefits between a canadian college diploma and a degree
: Education is considered to provide a gateway to higher income employment. Compare and contrast the difference in costs and benefits between a Canadian college
|
|
Prepare a classified balance sheet
: Accounts Receivable 7,540 Retained Earnings 28,000 - Prepare a classified balance sheet; assume that $15,000 of the note payable will be paid
|
|
Define how will practices improve patients outcomes
: Write a 1-2 page paper about some of the Best Practices you have learned about during this nursing course. How will these practices improve patient's outcomes?
|