Do you believe the CEOs actions are ethical

Assignment Help Business Management
Reference no: EM133147909

The CEO of a public company predicted to analysts and shareholders that earnings would grow over 25% for the year. Unfortunately, during the second half of the year sales softened and the CEO has now concluded within the last quarter that it will be impossible to meet the earlier predicted earnings growth of over 25% unless drastic action is taken. As a result, the CEO has ordered that whenever possible, expenditures should be postponed until the following year, routine maintenance and training should be suspended, and advertising and travel should be reduced significantly. Additionally, the CEO has ordered the CFO and Controller to carefully scrutinize all costs that are currently classified as period costs and reclassify as many as possible to product costs. The Company expects a substantial increase in inventories at the end of the year.

Do you believe the CEO's actions are ethical? Why or why not? Share the basis for your conclusion.

Reference no: EM133147909

Questions Cloud

Define and discuss tom donaldson ethical algorithm : Worldwide, an estimated 211 million children aged under 15 works. Child labour is widespread throughout Africa, Asia, Latin America and the Caribbean, though th
Compute cost of goods sold using absorption costing : All beginning inventory amounts equaled $0 this year. Units produced this year 25,000 units. Compute cost of goods sold using absorption costing
Determine the consolidated net income : On January 1, 2020, P Corp. purchased 80% of the outstanding shares of S Co. at a cost of P1,620,000. Determine the consolidated net income
Explain the changes in the various elements : Analyze the strategy in each of the periods you identified by determining if the changes led to a better or worse strategic position for Starbucks.
Do you believe the CEOs actions are ethical : The CEO of a public company predicted to analysts and shareholders that earnings would grow over 25% for the year. Do you believe the CEO's actions are ethical?
Reflect on the process of research development : Reflect on the process of your research development. How effective is a Research Prospectus in terms of addressing specific issues in educational leadership?
Common elements of sticky ads : Unfortunately, we are still dealing with COVID-19 with the Omicron variant on the rise/holding strong and still dealing with the Delta variant.
What amount is added to ps taxable income in the year : In her Will, she bequeathed the property to her spouse. What amount is added to P's taxable income in the year of death
Describe one element of social media presence : In the 21st century, few people do not have an established social media presence. This is part of your brand. Establishing an attractive brand for potential emp

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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