777 words - 3 pages
Addressing International Issues PAGE \* MERGEFORMAT 1
Addressing International Legal and Ethical IssuesTeam BUniversity of PhoenixBUS 415June 4, 2009Addressing International Legal and Ethical IssuesThe University of Phoenix offers a simulation about CadMex and Gentura and an international contract they pursue (University of Phoenix, 2009). CadMex as a pharmaceutical company is about to go into contract with Gentura, a company in the country of Candore. CadMex needs to make sure that the contract that is formulated offers protection that will mutually benefit each party while allowing CadMex to successfully market a new product from Gentura entitled ProPrev. This paper will answer why...
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MemoTo: Cad Mex Pharma'sFrom: D-AssociatesCC: Ken Rhymes, J.D.Date: 6/3/2009Re: Potential Conflicts between Cad Mex Pharma's Legal Rights and Ethical duties.International ContractsExamining different ethical and legal rights of another country should be approached very cautiously. Many differences in culture's, ethics and litigation around the world that being aware of dictates your tone and dress is very important when it comes to gender and hierarchy. Offensive gestures, speech and position could mean that individuals give the impression of being disrespectful. In preparing for an International Trade with other Counties, conflict can and will arise during the time frame of...
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When conducting business outside of the United States, certain legal issues may arise. This is especially true when entering into contracts with companies internationally. When a U.S. company enters into an agreement with a company located in another country, it must ensure that the contract, which forms the basis of the agreement, is legally acceptable. The contract drafted must protect the company's interest in the foreign country against all eventualities, given that possible disagreements and disputes are common in international trade (University of Phoenix, 2005). The following simulation involved a breach of contract dispute between Gentura and CadMex Pharma concerning ViroBlax.The...
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Certain legal and ethical issues may arise when conducting business outside the United States. Some companies may not be as resourceful with various contracts when dealing with companies internationally. When a U.S. company enters into an agreement with a company located in another country, the company must consider the rules and regulations of not only that particular country but others as well. A second factor would be a U.S. company must take into consideration that when legal, ethical and cultural issues arise many need to answer the question does the result end up in not doing business. The second factor is both companies must ensure the contract is legally acceptable and bound. The...
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Gentura is a biotechnology company based in Candore. CadMex and Gentura have been working in partnership since 2007. Since 2004, Candore has been under the dictatorship of President Gwendoz. President Gwendoz encourages foreign investments; however, these international business transactions are subject to the approval of the Candorean Government. Gentura has had a healthy relationship with the Candorean Government until recently. The partnership between Gentura and CadMex opens new opportunities.Upon entering into a contractual relationship with Gentura, CadMex was given the choice between the Candorean Regulations for Technology Import Contract (CRTIC) and the Contracts for the...
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Gentura is a biotechnology company that CadMex had decided to conduct business with. Gentura is based in Candore, a small developing country on a high growth curve. Gentura has evolved from an enzyme manufacturer to a full-fledged biotechnology company focused on biopharmaceutical products. Gentura had recently developed a drug called ProPez. ProPez is a breakthrough anti-diabetes agent that the company believed had enormous potential. However, the company did not have the resources for manufacturing and marketing ProPez globally. Hence, Gentura was in discussion with CadMex to establish a partnership.CadMex was planning to license the manufacturing technique to Gentura for the manufacture...
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Upon completion of the University of Phoenix simulation "Addressing International Legal and Ethical Issues," we as a team have outlined below several concerns that must be addressed prior to entering into any legally binding business contracts with international organizations.Addressing International Legal and Ethical Issues.Prior to entering into international contractual business agreements it is important to take into consideration the rules and laws of all countries that are to be bound by those agreements, as well as any multinational governing bodies such as the WTO. Among the many issues that should be considered include the political stability of the countries involved, copyright and...
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The company Cad Mex Pharma is a pharmaceutical company that is a global leader in developing pharmaceuticals and healthcare products based out of Tampa Bay Florida. This company produces medications like over the counter drugs to antibiotics. Cad Mex Pharma is interesting in licensing a drug called pro prez, which is an anti-diabetic drug and is produced by a company called Gentura in the country of Condore. The first step that has been taken is figuring out which choice of law clause to use. Amanda used Candorean Regulations for Technology Imports Contracts, which will be, negotiated through international arbitration that is non-binding.As a result of this Candore has become a member of the...
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International Legal and Ethical Issues
When businesses deal globally to expand their markets they may face dilemmas which must be dealt with to avoid conflict. The types of issues many companies encounter deal with legal, ethical and cultural encounters. From our example we see the legal issues in settling disputes for international transactions can become very complex. Ethical issues concerning the workers, the culture, and the environment are all contributing factors international companies must be ready to address. CadMex Pharma and Gentura must establish a business agreement that protects both of the company’s interest from issues concerning the social, legal, and ethical norms of...
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Breach of ContractA breach of contract should be handled appropriately through the chosen forums such as arbitration and the CRTIC. If an agreement or settlement can not be reached through arbitration then both parties have the option to present the case to the CRTIC. The CRTIC can order either party to pay for damages incurred from the breach of contract based on the contracts stipulations.Remedies for Breach of ContractTwo situations for breach of contract occurred within this simulation. Both situations could have greatly affected the relationship between CadMex and Candore if they were not handled correctly.First Gentura was being pressured by the Candorean government to subsidize the...
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The town of Walterboro, located in South Carolina had a town meeting organized by the Job and Family services. This meeting was to b ring awareness regarding the problem when it comes to Child endangerment. The town council stated that in 2011 "In South Carolina: A child is abused or neglected every 41 minutes. A child dies before his or her first birthday every 16 hours.A child or teen is killed by gunfire every 6 days.( http://www.childrensdefense.org) Furthermore it was documented that if any household had children that were being abused then the child or children would be taken from the home immediately. When stating abuse this means anything from child abuse, domestic violence, and drug...
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Like the traditional brick and mortar companies, business to business (B2B) and business to consumers (B2C) models face ethical, legal, and regulatory concerns. According to Schneider (2004), "businesses that operate on the Web must comply with the same laws and regulations that govern the operation of all businesses. If they do not, they face the same set of penalties - fines, reparation payments, court-imposed dissolution, and even jail time for office and owners - that any business faces" (p. 284). Whether the business caters to other businesses or consumers, there is usually a transaction or sale of a product or service. Since the Internet helps to thrust businesses into the worldwide...
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Ethical and Moral Issues PAGE \* MERGEFORMAT 1
Running head: ETHICAL AND MORAL ISSUES IN BUSINESSEthical and Moral Issues in BusinessUniversity of PhoenixMGT/216When one thinks of moral issues, he or she is often thinking of right and wrong concepts that are typically related to personal character. A moral issue would include concepts of murder, theft, and concepts such as being a good person. Ethical issues are closely related to moral issues because they represent standards or codes of behavior that a particular group adheres to. For instance, ethical issues typically pertain to a specific group setting such as ethical issues in nursing or banking. This difference in morals and ethics...
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Recent world events have challenged many to prepare to manage previously unthinkable situations that may threaten the future of a business. Business continuity planning involves issues that need to be addressed throughout its development. There are many factors that may be influenced by a disaster and that is why one must think ethically and culturally when developing a business continuity plan. Even a fine food distributor like Kudler Fine Foods must identify its limiting resources and time restrictions while addressing each of these obstacles in a ethical and cultural sensitive way.Kudler being an upscale specialty food store and stocked with the very best domestic and imported foodstuffs,...
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Ethical and Legal issues in ICT
The consistent use of information and communication technology (ICT) in modern world enables us for countless opportunities for individuals, institutions, business organisations and scientists, but it also raises difficult ethical and legal problems. In particular, ICT helped to make societies more complex and thus even harder to understand. The use of ICT has led to changes in concepts: ownership, buying and selling, right to possession, theft, justice in the distribution of resources and access rights. During the nineties, the internet has grown into all business segments resulting in a large number of questions running. It has been noted that...
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Introduction In any business Model there exists an ethical code of conduct that is communicated internally and externally. Business is conducted in accordance with this ethical code. The company discloses its practices for business and eBusiness, and conducts its business in conformity with these practices. In just a few years, business use of the Internet has grown from a curiosity to a mainstream activity. We have seen pioneers in the industry lead the way, followed by numerous start- ups and ventures by traditional and smaller firms their still remains a transformation and the ethical, legal and regulatory aspects continue to evolve. The Internet has created a lot of...
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IntroductionMany businesses are using web-sites and electronic commerce to augment the sales of their bricks and mortar operations. These web-sites often carry a greater range of inventory and can be found in any individual store. Many of these web-sites include the latest up-to-date information as it relates to the products and services available. Like the physical store, these websites are arranged into categories matching the major types of services and products found in each department of the store. Our team paper examines three companies; Pratt and Whitney, Harley-Davidson, and Pine Grove Homes, and with the appropriate designed website, the aforementioned companies can encourage...
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The topic of this paper focuses on the battles school counselors face as the law and ethical standards collide. School counselors face a number of legal and ethical issues and recognizing a clear decision isn’t always easy. School counselors have to work with a large number of students, parents, and administrators while conforming to ethical codes, state laws, and school board guidelines. This topic is of great relevance to me as I will be going into the school counseling profession. It is also a meaningful topic to me because life-changing decisions are made every day in reference to legal and ethical issues. Researching this topic has shed some light on the difficulty for school...
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Social and Ethical Issues The social and ethical issues of an information system are dependent on a number or things including the specific information system described and each of the elements that are needed to make it all work.Recently the social and ethical issues of the Ameritech Cable Services were challenged as they experienced a flaw in their online billing system called ¡¥E-Bill¡¦.The Participants within the Information System The participants within the information system which carry out the information processes can be effected by these social and ethical issues.The accuracy of the data is an important issue within this kind of system due to the handling of...
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Ethical Issues and Issues of Sensitivity in Sociological Research
Ethical issues are the considerations that can have an important
influence on the research process. They are moral principles- beliefs
about what is right and wrong, which often guide research.
Sociological associations in many countries have a set of ethical
guidelines for conducting research. There are six main ethical issues;
I will explore them below.
Sensitive issues are issues that need to be dealt with tactfully
because of their subject matter. This could include subjects such as
death, health issues, sex etc. These are potentially sensitive
subjects as the people being...
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Every site on the web is different; no two are exactly alike despite if their topics are the same. Even if this is an obvious fact to some, it is still amazing how people sometimes tend to put all web sites in the same categories. Every site on the net serves different purposes. I'll examine the differences and similarities between how business-to-business (B2B) and business-to-consumer (B2C) websites deal with ethical, legal and regulatory issues.The only similarity I can conclude is that both B2B and B2C websites can be found on the net and that's where the similarity ends. These sites serve different markets and are ruled by very different ethical, legal and regulatory systems of...
2478 words - 10 pages
Animal and Human Cloning: Moral, Ethical, and Regulatory Issues
Dolly, woolly, innocent, and sweet, strongly contrasts with the severity of the issues that she has raised. Ever since the news surfaced that Dr. Ian Wilmut had succeeded in cloning a sheep, people around the world have been participating in a frenzied debate over the morality of cloning animals, and more importantly human beings. The cloning of animals and humans could help the world in unprecedented ways, but could also give rise to unforeseen problems. It raises moral, ethical, and regulatory issues which must be considered during with the formation of cloning legislation. While I believe animal cloning is useful on a...
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As stated in earlier papers, the main difference between B2B sites and B2C sites is the customer that the site is serving. B2B sites are companies dealing with other companies and B2C sites are selling products or services to consumers directly via their web site. Every company needs to deal with legal, ethical and regulatory issues every day in normal business activities, but there are a whole new set of issues that come up with so much business being conducted online and this paper will attempt to show the differences and similarities between B2B and B2C sites.Ethical IssuesPrivacy issues are a major difference between B2B sites and B2C sites. On a B2C site, privacy is one of the main...
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IntroductionIn any business Model there exists an ethical code of conduct that is communicated internally and externally. Business is conducted in accordance with this ethical code. The company discloses its practices for business and eBusiness, and conducts its business in conformity with these practices. In just a few years, business use of the Internet has grown from a curiosity to a mainstream activity. We have seen pioneers in the industry lead the way, followed by numerous start- ups and ventures by traditional and smaller firms their still remains a transformation and the ethical, legal and regulatory aspects continue to evolve.The Internet has created a lot of wealth and business...
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IntroductionIn these tough economic times, coping with the legal, ethical and regulatory issues related to B2B and B2C sites and the free flow of information is a major concern for both types of e-businesses. There are security concerns, applicable law, site policies, conditions of use, and disclaimers of warranties and limitations of liabilities for both types of websites. Amazon.com and Office Depot.com are the two websites that are compared.Office DepotAs of December 28, 2002, Office Depot operated 867 office supply superstores in the United States and Canada, in addition to a national business-to-business delivery network supported by 24 delivery centers, more than 60 local sales offices...
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Essay title - Critically analyze ethical, professional and legal issues influencing theatre practitionersIntroductionNow-a-days nursing has developed its all functional activities in accordance with technological, political or socio-economical rapid change. Perioperative practitioners are the part of this all nursing activities. Most importantly, in the operating theatre the role of the perioperative nurses vary for several reasons. For example, the different rules and regulation defines the role of perioperative nurses within the operating theatre and generated differently. Furthermore, from the legal, ethical or professional perspective nursing within the perioperative environment has...
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Ethical Issues Surrounding Genetic Screening and Genetic Engineering
In today’s modern age science is moving at a rapid pace; one of those scientific fields that has taken the largest leaps is that of genetics. When genetics first comes to mind, many of us think of it as a type of science fiction, or a mystical dream. Yet genetics is here, it is real, and has numerous ethical implications.
One of the particular areas of interest is prenatal genetics. In this field, many new and outstanding innovations have been made. A mother and father can now check for a large array of disorders that could occur in their child; sexual preference has now been shifted from the hands of a...
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Computers in some form are in almost everything these days. From Toasters to Televisions, just about all-electronic things have some form of processor in them. This is a very large change from the way it used to be, when a computer that would take up an entire room and weighed tons of pounds has the same amount of power as a scientific calculator. The changes that computers have undergone in the last 40 years have been colossal. So many things have changed from the ENIAC that had very little power, and broke down once every 15 minutes and took another 15 minutes to repair, to our Pentium Pro 200's, and the powerful Silicon Graphics Workstations, the core of the machine has stayed basically...
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Critical Issues of Female Managers and International AssignmentsStanley C.T. NgBA (Psy), BBA (Honours), MIB, MIRMacquarie UniversityBusiness DepartmentAbstract"Globalization" and "internationalization" are undoubtedly two of the major catchwords of the past decade. While the specific meaning of these terms varies widely, one commonality is that both of these processes require the transportation of labours across national boundaries. Without doubt, this has led to the increase in the need of expatriates from home countries in order to focus on global assignment and assist better management across nations. However, most of the expatriates to date are male, even though the number of female...
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IntroductionGlobalization has become one of the biggest issues in the economic world today and because of the impact, many things have changed - including how countries operate with each other. Thus, international trade has evolved into a complex system of trade barriers to ensure the protection of domestic industry and its workers interests. The trade impediments and subsidies include protective tariffs, import quotas, non-tariff barriers i.e. licensing, and export subsidies. In addition the international laws created by the WTO, the US government also employs the use of protective tariffs and export subsidies to protect and aid its domestic industry. These duties are designed to shield the...
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This essay will discuss some of the Social, Ethical and Legal issues that an IT (Information Technology) Professional will likely face during their career in the Information Technology Sector. Furthermore, I will talk about how these issues affect professionals and how they could approach these challenges to try finding feasible solutions for them.
1.1 Social Issues
When every IT professional starts their journey into the IT Sector, they are bound to come across social issues which will have to be dealt with professionally. One important Issue is being green in Information Technology. The earth’s resources are continuously becoming scarce whilst the demand for them increases...
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Genetically Modified Food (GMF) is perhaps one of the most important and divisive issues occurring at this time, it is a global issue requiring much thought and forward thinking. There is much debate surrounding GMF, the environment, health, livelihoods, property rights and the future of agriculture are just some of the areas the development and introduction of GMF will affect. GMF is such a complex issue, and there are many stakeholders involved, these include; Governments, Multinational Corporations, Scientists, Farmers and members of the general populace, all of whom have their own concerns and agendas. It is imperative that some guidelines are put in place to ensure the equity of all...
2100 words - 8 pages
Assisted Suicide PaperFebruary 26, 2004AbstractThe need to have an understanding of the moral, legal and ethical issues facing clinicians dealing with end of life issues. Those who treat patients approaching the end of life often face moral, ethical, and legal issues involving shared decision-making, futility, the right to refuse medical treatment, euthanasia, and physician-assisted suicide. This paper will address the following; An overview of the topic, the Pros and Cons., Existing states laws, Dr. Kevorkian's role along with patient autonomy, Sanctity of life- pain and suffering, and Doctor-patient relationship, and potential abuse.Assisted Suicide PaperThe principal problem involves the...
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Year 11 Ancient History: Ethics in ArchaeologyTo what extent are ethical issues and conservation important in the study of archaeology?Ethics in archaeology refers to the number of moral issues that are raised regarding the moral behavior of those excavating and those dealing with historical evidence and artifacts. Each one of these issues can be debated as being positive or negative but nonetheless they are all very important issues in the study of archaeology as they can be the core reasons as to why we preserve or conserve. Conservation is also very important in terms of archaeology because if we didn't conserve, all the precious unattainable artifacts would perish and be lost forever....
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IntroductionDisfellowshipping is the act of removing an individual from the church rolls and barring the same from activities of the church. This rare occurrence is often an obscure paragraph or two in a church's by-laws, constitution, or other document containing guidelines for discipline. Personally, I have never been involved in a disfellowshipping. I have discussed the procedure and the possibility of it but only in a theoretical sense. It has never been an issue of concern.In the past decade there have been several high-profile cases of disfellowshipping individuals or even entire congregations. Most of these cases have been not only geographically remote, but also they have been...
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Date: 4 April, 2010To: Mr. WillsonFrom: Wang Qin and Xin Jun FangSubject: Strategic role of information systems, specific social, ethical and legal issues, IT infrastructure and emerging technologies, and information systems security within FedEx CorporationEnclosed you will find my analysis with regard to four sections of this report, namely strategic role of information systems, specific social, ethical and legal issues, IT infrastructure and emerging technologies, and information systems security within FedEx. Through the entire analysis, I found that strategic role can be seen through information systems' impact on FedEx's ability to encounter some of the competitive forces. Second,...
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What do You Understand by Recombinant DNA Technology?Discuss the Moral, Ethical, Social, Economic and Environmental Issues Associated with the Technology, giving your views.There are two essential substances found inside bacterial cells required before the process can begin. Present in the cytoplasm of a bacterial cell are a number of small circular pieces of DNA known as plasmids. Also present within the bacterial cell are restriction enzymes which cut DNA molecules at specific sites. By selecting the correct restriction enzyme, DNA molecules from different organisms can be cut at predictable sites to extract specific genes from lengths of DNA .The first task in the process is to isolate...
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As acceptance of the Internet has become more widespread, online users have found the Internet to be an indispensable source of information. Information about products, places, people, and ideas is freely available online. Media is digitized, making it easier to copy and share creative works such as literature, music and video recordings. Improved communications have paved the way for people to do business without the ties of geography or time. In short, the Internet allows people to participate in many activities that would otherwise be unavailable. But with any new technology arises the question: "just because I can, does this mean I should?" This paper will concentrate on the subject of...
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Case Study: Wal-MartJune 12, 2012This case study is based upon the case article by Peter A. Stanwick and Sarah D. Stanwick titled; 'Wal-Mart: But We Do Give Them a 10 Percent Employee Discount', in which addresses the ethical issues facing Wal-Mart. According to Stanwick and Stanwick (2009, p. 409), the culture "has created a number of twenty-first-century problems for Wal-Mart."SummaryThe authors' viewpoint is that of the Wal-Mart employees are not all treated equally according to proper business ethics. Examples of labor law violations and consequent lawsuits were provided for the six areas in violation of the law that Wal-Mart was found guilty for repeatedly committing. The author's are...
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1. Environmental Hazards:The pollutants that business industry dumps into the environment are more than just ugly nuisance; they are killers. For example, air pollution has been found to be related to deaths from bronchitis, heart disease, as well as emphysema, and several types of cancers. Studies by the American lung Association have concluded that between 50 to 120,000 thousand deaths a year are linked to the air pollution that are disbursed by air from manufacturing companies. Ant there is little doubt that the depletion of the ozone is caused by atmospheric pollution. According to Coleman/ Cressey (2001), The contamination of our waters with poisonous waste, for example, lead, mercury...
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IntroBiotechnology is a thing present in today's society. It is made up of two words, bio and technology. It is a biological process for purposes such as genetics manipulation of microorganism. It basically means using living things such as cells to create products. It is used in agriculture, medicine, food and genetics screening.Genetic ScreeningGenetic Screening is basically a test that is carried out on the cells that checks for a particular type of genes and if it has potential damage in the future. It is define as " a systematic search for person with a particular genotype". Usually done to pregnant woman to see whether her baby carries any particular genetic disease.HistoryCells were...
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Before tackling the digital aspect of data storage it is essential to discuss the basic legal principles outside of digital constraints. The main statute for this is the Data Protection Act (DPA) of 1988.There are essentially 8 basic principles, which stipulate how information described as personal should be managed. This essay will only observe those principles referred to in the question.The first of which is security for which the Act dictates that all personal data must be kept under tight controls and protected from unauthorized access. As such technical measures such as password encryption and backup contingencies are strongly advised. Furthermore, adopting security policies and...
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A couple that has been trying for years to conceive a child has finally succeeded. But when the baby is born nine months later, it is stillborn. The couple is absolutely heartbroken by their loss, and by the thoughts of the child that could have been. They know that they may not be able to conceive another child. So, the daring thought of using human cloning comes to mind. They could get the exact same child they had before using its DNA. Such is the world that many people hope for, where people can clone copies of lost loved ones and continues living as if they never left.The science of human cloning is a very controversial topic in the United States, as well as in the rest of the developed...
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Education in America is available to everyone,regardless whether a student is U.S.born or an immigrant.This fact opens a huge world of the opportunities in frontof everyone, no matter what nationality and culture youbelong to. For young immigrants, American Education meansthe achievement of the very stair where they can stand as anequal part of the American society they live in and to behelpful for the country they have chosen to be their homeand that gives them such incredible opportunities.Although immigrants to the U.S. come from diversebackgrounds and cultures, almost all of them face similarchallenges on the way to their dreams and goals. Youngimmigrants cannot be equal competitors or...
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Riordian Manufacturing, Inc. is internationally known for its excellent (patented) plastic designs. The company has plants in California, Georgia, Michigan and China.The purpose of this handbook is to provide employees with a guidance for conduct, laws and policies followed by the company when dealing with fellow employees, vendors and customers as well; all this done by following the latest ethical standards withing our industry.The following pages will reveal Riordian's corporate compliance plan, while addressing ADR, enterprise liability, product liability, international law, tangible and intellectual property, legal forms of business, and governance.ADRBecause of its efficiency and...
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Running head: ETHICAL AND MORAL PHILOSOPHIESETHICAL AND MORAL PHILOSOPHIESEthical and Moral PhilosophiesName:Institution:Date:Ethical and Moral PhilosophiesDefine and Discuss Philosophies' Application to BusinessBusiness philosophy refers to the application of theoretic framework to determine the manner in which a business entity deals with various forms of operation. It refers to the formation and operation of a corporate entity in areas that include management, accounting, public relations, business operations, marketing, and training (Dahlsrud, 2008). Moral philosophy, on the other hand, refers to values that determine the rightness or wrongness of an action (Bartels, 2008). It is not...
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Define and Discuss Philosophies’ Application to Business
Business philosophy refers to application of theoretic framework to determine the manner in which a business entity deals with various forms of operation. It refers to formation and operation of a corporate entity in areas that include management, accounting, public relations, business operations, marketing, and training (Dahlsrud, 2008). Moral philosophy, on the other hand, refers to values that determine the rightness or wrongness of an action (Bartels, 2008). It is not easy to apply ethics and moral philosophies in business practices, particularly in a global competitive environment where the concept of right and wrong varies...
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1.1 Defining ethical behaviour
Ethics is a philosophical term derived from the Greek word "ethos" meaning character or custom (Sims, 1992). Ethical behaviour is behaviour that is morally accepted as good and right, as opposed to bad and wrong (Wood, Zeffane, Fromholtz & Fitzgerald, 2006). An ethical dilemma requires a person to make a choice between competing sets of principles based on how morally good and right as opposed to how bad and wrong they are (Wood et al., 2006). While striving to always do right, – with this paradigm – sound ethical conduct will likely become second nature in today’s world (Zazaian, 2006).
1.2 Ethical behaviour in the modern organisations of today
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The Enron Corporation is probably the most serious wake up call for accounting ethics and its legal system. The topic about ethics and the accountant might seem clichéd and in some ways boring, but it is very necessary for people who are going to be accountants to study it because ethics are of utmost importance to accounting professionals and those who rely on their services.The origin of the word Ethics is from the Greek word ethos, which carries the meaning of commonly practiced conduct. Ethics and ethical are known to have the same meaning with morality and moral, when reference is made to the ethics or morality of a person or group, or to their ethical or moral values. Ethics can...
2145 words - 9 pages
Phil Knight started his shoe company by selling shoes from the back of his car. As he became more successful in 1972 he branded the name Nike. In the 1980’s Nike Corporation quickly grew and established itself as a world leader in manufacturing and distributing athletic footwear and sports' attire. The Nike manufacturing model has followed is to outsource its manufacturing to developing nations in the Asia Pacific, Africa, South and Latin Americas; where labor is inexpensive. It quickly became known for its iconic “swoosh” and “Just do it” advertisements and products. Its highly successful advertising campaigns and brand developed its strong market share and consumer base. But, the road has...