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You are the CEO of a business that employs 25 employees and owns and operates an assisted living facility.
You have decided that a code of ethics is required in your company. What should it look like? To be workable, it should be clear, succinct and easy to understand. Statements of prohibition ("You may not ______") are easier to enforce than commands to do something. How will you provide for enforcement?
Explain what ethical theory you relied upon in drafting your code of ethics (and why), and how it guided you in coming up with what you came up with. What caused you to select the ethical theory you selected? Was there something that caused you to reject another of the ethical theories? What problems did you have to work to overcome? What was the hardest part of the exercise and what problems do you still have with what you were able to draft or with what you anticipate would be the response to it? Are you satisfied with your draft code of ethics as an effective expression of ethical guidance? Why or why not?
Theories = Teleological, Consequentialist, Deontological, Relativeism/Subjectivism, Virtue based theories.
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Its weighted average cost of capital WACC is 12%. Huxley has $5 million in short-term investments and $7 million in debt and has 1 million shares outstanding. What is the best estimate of the current intrinsic stock price?
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