Reference no: EM133292202

Assignment:

1. Explain understanding of the term Ethics. Do believe that ethical principles are universal or are they subjective? Please give an example with explanation.

2. Businesses are expected to conform to a wide range of government and professional regulations. In what situation can something be perfectly legal but unethical? Explain with two examples.

3. Explain five significant ways that students can display ethical conduct as they pursue their college studies.

4. When people are faced with an ethical dilemma, what are five things that guide choice to be ethical?

5. if someone is purchasing officer of organization. he have a need for a service so called two consulting companies to obtain a quotation. he requested an invoice from the company which quoted $6,000 ($2,000 cheaper than the competitor). To the surprise, the invoice they submitted was for $10,000. he called back the company, but the officer insisted that the service cannot be done for less and the amount told to he has a mistake. The officer suggested that if he is open minded he have to pay the invoice amount of $10,000, then he would transfer $2,000 to his personal account and also keep $2,000 for himself. How do he suggest that this issue be resolved?

6. he have been doing business with a company for two years. The contract is coming up for renewal in six month's time. he sent a card to his usual contact offering complimentary accommodation at his hotel and golf course. What are his thoughts on this offer?