Business Law Ethics
Special Directions for Cases 1 -- 5: The following cases have been carefully chosen to represent several of the most pressing ethical dilemmas facing American business today. When answering the questions at the end of each case, consider the ethical character trait or traits that would guide your decision-making. Avoid the theory of subjective ethics. Be less concerned with the "right" answer and more concerned with applying the ethical decision-making process properly.
Howard Wieder, an attorney, asked the members of the law firm for which he was employed, to assign one of their number to act as his representative in negotiating the purchase of an apartment in a condominium. An attorney in the firm, L.L., was designated to handle Wieder's negotiations. Unfortunately, L.L. did everything but handle Wieder's condominium negotiations. In fact, he not only neglected the negotiations, but also made many "false and misleading representations," carefully calculated to cover up that neglect. As soon as Wieder figured out that L.L. was lying to him, he reported the misconduct to two senior attorneys in the law firm. Each of these senior attorneys admitted that L.L.'s misconduct did not surprise them. Moreover, they revealed that they knew "(t) hat [L.L.] was a pathological...
Business Law Ethics Ethical Challenges Facts: The case involving Luke is showing the ethical challenges he is facing with the construction of an adult entertainment center inside his community. This is because he is aware of their plans prior to the public announcement and believes that property values will decline. At the same time, he has close personal relationship with his brother Owen. He has received an offer to sell his property
Business Law Ethics Ethics in Action Common Characteristics of Poor Decision Making In order to make ethically sound decisions, it is necessary to acquire and secure all the pertinent facts; therefore, one of the most common characteristics of a poorly made decision is the lack of necessary and relevant facts. Entering the decision making process with favor and bias toward a particular outcome is an additional trait of a decision that is poorly
Business Marketing Ethics: Snuff Out Joe Camel Business Marketing Ethics: Snuff out Joe Camel Reynolds is acting in an unethical and socially irresponsible manner R.J. Reynolds' use of Joe Camel smacks of "target marketing" toward children. The use of a "cool" cartoon figure surrounded by admiring friends and an attractive girlfriend seems tailor-made for enticing children, who are drawn to cartoon figures and crave acceptance and "coolness" at least as much as adults crave
Business Ethics Business Law Business ethics are a very important part of the entire business process. It is important to have a firm understanding of the ethical rules of the game in order to perform the best. The purpose of this essay is to discuss and highlight some of the more important effects that ethics plays in business and business law. The essay will discuss the corporation's role within society and
Business, Law and Ethics Business Law The ethical and legal concepts of a business are normally intertwined. Government put in place effective regulations which necessitate gathering information. When regulatory needs conflict with principles obtained the constitution, ethical and legal needs are raised. Legal strategies nowadays include legal, compliant programs that help institutions to be competitive. Different businesses have one goal of attaining profits, but in the process they should consider different legal
Business and Ethics The business ethics checklist Organizational Decisions-Making on Substandard Products Unaccountable products from companies or manufacturers are often regarded dangerous, unsafe and substandard, both by the target consumers and government. Unfortunately, toy products stand among the most affected group of items within the field of production. Sub-standard products are those that do not meet the legal and safety standards and/or qualities set by the pertinent authorities. Such products may result due
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