Briefly discuss LaRue Hosmer's model for making ethical decisions in business.
What will be an ideal response?
LaRue Hosmer came up with an ethical decision-making model widely used today, but it is focused more on big business than small ones. Adapting his approach to small business making ethical decisions involves three steps:
1. Define: Defining the moral problem. To determine the moral dimension of a problem, one needs to carefully think the problem through.
2. Generate: Generate alternatives that could meet the ethical, legal, and economic goals every business must balance.
3. Implement: Pick the best alternative that fits the business.
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During global culture training for a group of employees who are being transferred to Egypt, Samira, the HR training manager, remarked that "in the Arab world, men often hold hands, which is meant to express
A. the acceptance of a business deal." B. solidarity and friendship." C. the acceptance of a future son-in-law into the family." D. concentration and focus." E. personal dominance."
An auditor who is professionally skeptical will do which of the following?
a. Critically question contradictory audit evidence..\ b. Carefully evaluate the reliability of audit evidence, especially in situations in which fraud risk is high. c. Reasonably question the authenticity of documentation, while accepting that documents are to be considered genuine unless there is reason to believe the contrary. d. All of the above.
Which of the following is true of the criminal liabilities under the Securities Act of 1933?
A. The criminal provisions of the 1933 Act specifically mention that they will be used against accountants. B. The 1933 Act makes it a crime to willfully make a false or misleading statement in reports that are required to be filed under the act. C. A willful misrepresentation, including an omission, in a registration statement is made a criminal act. D. A willful violation of Rule 10b-5 is a crime under the 1933 Act.
How does an authorized representative's signature work for negotiable instruments?
What will be an ideal response?