What potential ethics are involved in that situation

Assignment Help Business Law and Ethics
Reference no: EM13948930

Consider one of the following ethical situations that could arise when a company such as Trillo Apparel Company requests an outside contractor to perform work.

Situation 1: You need to hire contractors for the electrical work. You also know that getting the permits is going to be very difficult and my delay your project. You have a friend in the electrical business who knows an inspector that can be bribed to move your inspections to the top of the list. If you hire your friend's company, you know you will have your inspections completed on time.

Situation 2: You need to hire inexpensive labor to build your work benches for the production floor. You have a bunch of college friends who are in need of work and the pay is good for this work. You also feel you might have more control over the workers since they are your friends. You know that your company usually uses takes bids for this type of work

Choose one situation and determine what potential ethics are involved in that situation. Discuss what you would do in this situation. Explain your reasoning.

Reference no: EM13948930

Questions Cloud

Design a program that asks for the price of each item : Please provide a pseudocode and flowchart for the program that follows the guidelines of good program design, like meaningful variable names and thoroughly commented code.
Determine the velocity and acceleration of the collar : The 16-ft-long cord is attached to the pin at C and passes over the two pulleys at A and D. The pulley at A is attached to the smooth collar that travels along the vertical rod. When sB = 6 ft, the end of the cord at B is pulled downward with a velo..
What is the relationship between legal and ethical issues : What role do external social pressures have in influencing organizational ethics - how might these issues be relevant to organizational and personal decisions?
Debt financed and what is the after-tax cost of debt : A firm has issued $20 million in long-term bonds that now have 10 years remaining until maturity. The bonds carry an 8% annual coupon but are selling in the market for $877.10. The firm also has $45 million in market value of common stock. For cost o..
What potential ethics are involved in that situation : Choose one situation and determine what potential ethics are involved in that situation. Discuss what you would do in this situation. Explain your reasoning
Display the total price of the cup of coffee : Create a UseTVShow.java file that prompts the user to input up to 5 TV shows and stores the data in an array of objects first, then displays them as a list.
Should firms hedge : Should firms hedge? A number of firms practice hedging and use derivatives to manage risk and change risk exposure. Some people argue firms should stick with their core business (i.e airlines should concentrate and on operating airlines). What do you..
Compute the budgeted divisional roi for the air conditioner : Compute the ROI for each investment project. Compute the budgeted divisional ROI for The air conditioner investment is made.
What principles of distributive negotiation did sherman use : Based on the above reading and the knowledge gained from your assigned readings, respond to the following questions: What principles of distributive negotiation did Sherman use to gain his advantage? Do you think Sherman behaved ethically? Why or why..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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