Business, 18.12.2019 03:31 leahandmaryssa

Shannon and ian, student consultants, chose a home construction business as a client for a semester strategic planning assignment. upon examination of the client's financial statements, the students discover that their client has been cheating the government out of several thousand dollars a year in taxes. their client is a company owned by a couple who are in their late 50s and who have two children in college. shannon and ian are the only persons other than the owners who are in a position to know about this situation. which ethical principle should guide shannon and ian in their decision whether or not to report the owners to the internal revenue service?

a. ethical relativism should always be adhered to before ethical universalism when dealing within boundaries of a country's culture and norms.
b. there is no such thing as "moral free space"-all ethical standards are determined by societal norms, and individuals have an implied social contract to live up to these standards.
c. few nations or cultures have common moral agreement on what is ethically right and wrong.
d. there should be no absolute limits put on what actions and behaviors fall inside the boundaries of what is ethically or morally right and which actions/behaviors fall outside.
e. adherence to universal ethical norms always takes precedence over local ethical norms.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:30

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Answers: 2

Answer

Business, 22.06.2019 07:30

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Answers: 2

Answer

Business, 22.06.2019 18:00

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.

Answers: 2

Answer

Business, 22.06.2019 19:40

Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries

Answers: 3

Answer

You know the right answer?

Shannon and ian, student consultants, chose a home construction business as a client for a semester...

Questions