Personal ethics and business ethics

Assignment Help Business Management
Reference no: EM133169600

Finance Discussion Module 5 (Core values below to assist with discussion)

Financial executives insist that there should be no separation between an individual's personal ethics and his or her business ethics. "It's a jungle out there" and "business is business" should not be excuses for engaging in unethical behavior. Many firms have ethics codes which are based on economically rational concepts such as integrity and trustworthiness, which guide the decision maker in attempting to increase shareholder wealth. Of course, some employees sometimes choose to not comply with their firm's ethics code.

How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees? What are potential risks to the public and to stakeholders? Please explain how Saint Leo's core value of integrity is reflected in your answer.

Accounting Discussion Module 5

This discussion is designed to get you to see the behavior of costs in companies with which they are familiar. You should identify and describe the company. Then, identify three different costs that behave differently. You should identify at least one fixed cost, variable cost and mixed cost and be able to justify their selections.

Think of a company with which you are familiar. Describe the company and their primary product(s)/service(s). Identify a fixed cost, a variable cost, and a mixed cost that company would incur and explain how you determined that those costs would fit those behavior patterns.

Accounting Discussion Module 6

Most every firm has a budget. In many cases, however, firms use them inappropriately. In extreme cases, the way the budget is used by the firm might actually encourage incorrect decisions. In this discussion, you will get a better feel for how to appropriately use budgets as a guide.

Explain why budgeting is important for a firm. Do you think that a firm's budget should ever be violated (exceeded)? Explain your rationale.

Quality Improvement and Management Discussion Module 5

Explain the use of PDSA and DMAIC cycles for continuous improvement. How might you use one of these methodologies to help solve a problem at work, within your university education, or your personal life?

Reference no: EM133169600

Questions Cloud

Transferring company competitive advantage : The selection of the means of transferring a company's competitive advantage becomes an essential choice - does a multinational company use licensing
Supply reduction efforts in its war on drugs : The U.S. government's focus on supply reduction efforts in its "war on drugs" has been relatively unsuccessful at addressing illegal drug use.
Dargeangrix process : Explain your idea for improving a DargeanGrix process. Explain why your idea can help move the organization or department forward.
Publicly traded company that issues bonds : Choose a publicly traded company(Target) that issues bonds. How would a potential investor determine the value and risk of the bond?
Personal ethics and business ethics : Financial executives insist that there should be no separation between an individual's personal ethics and his or her business ethics.
Poisson and negative exponential distributions : When are the Poisson and negative exponential distributions used? Provide an example from any real-world experience
What is the net effect of the errors on the profit : Profits before correction of errors were P492,000, P624,000, and P840,000 in 2022, 2023, and 2024, What is the net effect of the errors on the 2024 profit
Compute flint weighted-average accumulated expenditures : Flint Company is constructing a building. Construction began on February 1 and completed on December 31. Compute Flint weighted-average accumulated expenditures
Prepare martinez entry to record the exchange : The new truck is worth $39,550. Martinez also made a cash payment of $37,290. Prepare Martinez's entry to record the exchange

Reviews

Write a Review

Business Management Questions & Answers

  Standards of practice related to competency

What are some issues affecting standards of practice related to competency of medical care within rural hospitals? Can you please direct me to a few scholarly articles that defines and talks about such issues? Please do not include the Lyckholm an..

  Recommendations to cms for complying

What would be your recommendations to CMS for complying with the findings of this study

  Analyze health care organization challenges

Describe the two contemporary theories of leadership you selected. Analyze health care organization challenges where these theories can be applied. Recommend strategies to overcome these challenges.

  What signals does each give a business owner

Net profit to assets ratio, net profit to equity ratio and what signals does each give a business owner?

  Why did hawaii end its universal child health care program

Public Insurance and HealthWhat is "take up"?What is "crowd-out"? What does the evidence show about take up and crowd-out from Medicaid expansion? Why did Hawaii end its universal child health care program?

  Draw a graph g to represent this situation

Suppose that in a group of 5 cities: A, B, C, D, and E, the following pairs of locations are connected with each other with direct flight.

  How businesses incorporate it to realizing set objectives

What is competitive advantage and how businesses incorporate it to realizing set objectives.

  How do companies maintain their competitive advantage

How do companies maintain their competitive advantage?

  Philippines focusing on rooms division

Give 5 hotels in the Philippines focusing on their rooms division. If you need to do over-the phone interview with the managers to get information about the are

  Compare the values of yield to maturity

a) Calculate the price of a bond with nominal value K1,000 maturity 5 years and coupon rate 6.2%; for the following values of yield to maturity:

  What is a method to assess performance

What is a method to assess performance and do research regarding the steps involved.

  Marketing mix concepts and apply the components

Outline and describe the 8 marketing mix concepts and apply the components to one of your products offerings

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd