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An industrial firm is confronted with the dilemma of whether it should include - on its balance sheet - a very costly liability for the cleanup of a hazardous waste pool that has been generated over a number of years and as a direct consequence of its operations. The company is in agreement that the cost of cleaning up the hazardous waste pool is a cost of doing business. However, including this large liability on the company financial statements now will have the effect of immediately decreasing the total value of the company (note that the company's current stockholders will be harmed financially because the company will also lose much of its current value). However, if the company does not include the liability on its balance sheet, the company will very likely be viewed as dishonest, since anyone buying stock (or ownership) in the company will also unknowingly buy shares of a company that is overvalued (i.e., the balance sheet will be misleading, showing the company as being of greater value than it really is). The problem is that there are no accounting rules nor is there any clear guidance as to what the company should do. No matter what the company decides, innocent persons - i.e., existing shareholders or potential shareholders - will be hurt as a result of its decision.
Describe the utilitarian ethics in this situation. What do you think the company should do?
What recommendation could you make to improve the communication process Use references to support your findings.
What are the major implications for using positive psychology to study business ethics?
Bell Company, a manufacturer of audio systems, started its production in October 2014. For the preceding 3 years, Bell had been a retailer of audio systems. Assuming that Bell manufactures, on average, 1,529 audio systems per month, enter each cos..
In 1972, Ogle owned two adjoining lots numbered 6 and 7 fronting at the north on a city street. In that year, she lay out and built a concrete driveway along and two feet in front of what she erroneously believed to be the west boundary of lot 7.
Becca is a manager in the credit department for 3STAR Motors. Joe Greene is a new employee in her department. While Joe has been learning his job, Becca has provided him with guidance by offering advice, encouragement, and instructions.
Case study on the Pkolino Question based on Case study Provide a summary of the Pkolino ‘story' Is the business plan thorough as well as capture all of the learning that Antonio and JB have accumulated?
What social responsibilities do pharmaceutical companies have that differs from other types of companies? Who are the primary stakeholders a pharmaceutical company has and how do you think they are prioritized?
Case Study is on the basis of a work scenario
Determine a problem in your day-to day life you would like to solve, such as time management. Use APA formatting, as outlined in the APA manual, the APA 5th Edition Made Easy document, and the APA Format Checklist.
Prepare a high-level overview of methods, options, and recommendations for the types of methods and tools that you believe will be best suited to the situation.
Online retail pioneer Amazon.com has built a profitable $24.5 billion business by paying close attention to pricing details. Founded as a web-based bookstore with discount prices, Amazon has since expanded into dozens of product categories and cou..
Managerial roles include adapting an organization to its environment, articulating and gaining support for the organization's mission, vision and values, and designing the internal structures of the organization.
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