How can the corporate group possess values at odds

Assignment Help Business Law and Ethics
Reference no: EM131914629

Question: Former General Motors vice president John Z. DeLorean wrote in his book, On a Clear Day You Can See General Motors: It seemed to me then, and still does now, that the system of American business often produces wrong, immoral, and irresponsible decisions, even though the personal morality of the people running the business is often above reproach. The system has a different morality as a group than the people do as individuals, which permits it willfully to produce ineffective or dangerous products, deal dictatorially and often unfairly with suppliers, pay bribes for business, abrogate the rights of employment, or tamper with the democratic process of government through illegal political contributions.149

a. How can the corporate "group" possess values at odds with those of the individual managers?

b. Is DeLorean merely offering a convenient rationalization for corporate misdeeds? Explain.

c. Realistically, can one expect to preserve individual values when employed in a corporate group? Explain.

Reference no: EM131914629

Questions Cloud

Complete millers list of procedures that need to performed : Complete Miller's list of procedures that need to be performed prior to beginning of the interim audit work.
Describe the background to the conflict : Describe the background to the conflict, the conditions on the ground today, why it is difficult to solve and the prospects for the resolution of the crisis.
Do you agree or disagree with the given statements : Do you agree or disagree with the following statements? Explain. "Social responsibility is good business only if it is also good public relations.
What is the net present value of the factory : What will this factory be worth at the end of 2 years? (In other words, how much would you pay for it at year-end 2 if the applicable cost of opportunity was 10
How can the corporate group possess values at odds : Former General Motors vice president John Z. DeLorean wrote in his book, On a Clear Day You Can See General Motors: It seemed to me then, and still does now.
How team building strategies can be used to improve : My research topic is to show how team building strategies can be used to improve profitability in an organization.
Prepared and disseminated by publicly traded companies : What is the Sarbanes-Oxley Act, and what are some of the elements of this Act that were designed to protect the integrity of the financial statements
In what ways does government-wide statement of net position : In what ways does the government-wide statement of net position differ from the balance sheet for governmental funds?
Is outsourcing good for america : U.S. corporations routinely outsource programming, customer support, data entry, and various back-office jobs to lower-paid workers in countries as diverse.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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