Reference no: EM132894478
American Products Corporation participates in a highly competitive industry. In order to meet this competition and achieve profit goals, the company has chosen the decentralized form of organization. Each manager of a decentralized investment center is measured on the basis of profit contribution, market penetration, and return on investment. Failure to meet the objectives established by corporate management for these measures has not been acceptable and usually has resulted in demotion or dismissal of an investment center manager.
An anonymous survey of managers in the company revealed that the managers feel the pressure to compromise their personal ethical standards to achieve the corporate objectives. For example, at certain plant locations there was pressure to reduce quality control to a level which could not assure that all unsafe products would be rejected. Also, sales personnel were encouraged to use questionable sales tactics to obtain orders, including gifts and other incentives to purchasing agents.
The chief executive officer is disturbed by the survey findings. In his opinion, such behavior cannot be condoned by the company. He concludes that the company should do something about this problem.
a. Who are the stakeholders (the affected parties) in this situation?
b. Identify the ethical implications, conflicts, or dilemmas in the above described situation.
c. What might the company do to reduce the pressures on managers and to decrease the ethical conflicts?
|
Non-business deductions and exemptions
: Who reports the corresponding income if applicable, and why: (i) Sam and his wife were married during a whirlwind trip to Law Vegas.
|
|
What total contributed capital amounted to
: At the end of the CC's first year, total contributed capital amounted to? CC Corporation has 50,000 shares of P10 par ordinary shares authorized.
|
|
Prepare pension worksheet for Ivanhoe Corporation
: On January 1, 2020, Ivanhoe Corporation had plan assets of $258,000. Prepare pension worksheet for Ivanhoe Corporation for 2020
|
|
What the amount of retained earnings available for dividends
: What The amount of retained earnings available for dividends at the end of 2019 was? At the beginning of 2019, QQ Company had retained earnings of P150,000.
|
|
Pressures on managers and decrease ethical conflicts
: What might the company do to reduce the pressures on managers and to decrease the ethical conflicts?
|
|
How much tax must they pay
: They welcomed their first child, Edward III, on December 31, 2020. How much tax must they pay in 2020, before applying any witholdings or credits
|
|
Treat high cholesterol
: A pharmaceutical company tried to boost its sales by encouraging doctors to use its new drug, LDL Control, to treat high cholesterol.
|
|
Prepare a statement of stockholders equity
: During 2013, the company had net income of $27,900. Prepare a 2013 statement of stockholders' equity for Leuz Architect Services
|
|
What gain and net reduction in retained earning respectively
: There were 270,000 shares of Stain outstanding. What gain and net reduction in retained earnings respectively, would result from this property dividend?
|