Explain ethical standards vs making the right decision

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Problem 1: The Board of Directors of the pharmaceutical company listed three items that needed to be addressed immediately: a) An installation of a new enterprise system that was incompatible with the existing accounting applications and software. Please include an explanation of each identified problem accompanied by short-term consequences, elaborate on possible solutions for all envisioned ethical problems and determine the effectiveness, determine how ethical issues can be resolved by using the IMA's Statement of Ethical Professional Practice, discuss the correlation between ethical standards and making the right decisions, and finally, develop a forward-looking strategy or plan to ensure these issue do not reoccur.

Reference no: EM132974397

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