THERE ARE SEVERAL DISCUSSIONS NEEDED!

DISCUSS THIS IN 500 WORDS:

College Admission Scandal: Business Ethics

Since ethics are a big part of this course, I thought it will be interesting to post a college admission scandal story. So, here it is: http://time.com/5549921/college-admissions-bribery-scandal/ (Links to an external site.)Links to an external site.

Lori Laughlin (Full House) and Felicity Huffman (Desperate Housewives) are each accused of hiring a man named William “Rick” Singer to allegedly help their kids with the admissions process by cheating or lying and stating their children were excellent standouts in high school sports, but they never played. Both actresses are out on bail, after a big investigation, and have surrendered to Federal prosecutors. The actresses have lost endorsements and acting jobs; plus, in the case of Olivia Jade, a YouTube influencer and the daughter of Lori Laughlin, she has lost advertisers’ through her YouTube channel.

Olivia Jade had gained access to University of South Carolina which involved pretending to be an expert in rowing, but had zero experience. In the case of Felicity Huffman’s daughter, she was supposed to have her SAT scores increased; somehow. In recent weeks, the events have caught fire on social media and angered many. Especially, after Olivia Jade made YouTube videos about how tough it was to get into college.

People are mad because it exposes the dirty lives that famous rich people live compared to the rest of us “normal” people. It’s serving as proof when deserving kids are not allowed to enter college and rich kids are due to their financial status. Furthermore, the public is mad because instead of hiring a tutor or have their daughter’s increase their study, the parents decided to hire a consultant to cheat their way in.

I further believe this reinforces my belief that college isn’t meant for everyone. Collectively, there are trillions of dollars in student loan debt. Debt students are unable to pay or pay at a minimum. Part of the reason for the scandal is to just say they went to college or their kids attended a “prestige” university. The reality is not everyone needs to attend college. Especially, if they’re selling make-up on YouTube. I.E. Olivia Jade; pun intended. Think about it. Do you really need a degree? Obviously, yes for us, but I’m being general in my comments. Do you really need to attend college thru hook and crook?

Even Olivia stated she wanted to attend college for tailgating and partying. Although, I’m hesitant to believe that. I think the REAL reason she wanted to attend is because of her parents. Just so the prideful parents can state that over dinner.

Now, to be serious, you should never bribe anyone to attend college. If gaining notoriety is the real reason for attending college, then, college may need to be placed on the back burner. The most important thing is to do something that fits your interests and that will lead to a successful lucrative career.

Here’s how it works. Ivy League universities are for the rich. Community and city colleges are for everyone else. State universities are a different category. They’re in between.

So, what are your thoughts on the business ethics? Do you think someone inside knew? Also, what do you think about businesses who offer services that are not ethically up to par? Do you think they should go into business with their business model? Should Ivy League universities (Stanford, Harvard, Yale, etc) be reserved only for the rich? What are your thoughts on the business ethics involved?

ALSO, DISCUSS THIS IN 150 WORDS:

Fabiola,

I love the debate of social media monitoring. I have been in a position where I did look at potential employees’ social media and take it into consideration when selecting them for a position. My sister is in a position where she uses social media for EVERYTHING and will go on social media during work hours. It is obvious that if an employee is using social media on a work computer, it will be monitored and the employer has full rights to do so considering it is their property. My work computer gives me an explicit message every time the desktop opens explaining that nothing I open on the computer is private and it is being monitored. I also support employers researching their employees a head of time. I had to interview different executives for a group project and I would look on their social media to gauge the type of person I would be interviewing. Likewise, if I am considering hiring two individuals , I will look at their social media and choose one that seems more responsible, maybe more private, and less likely to express grievances online. Steven is 100% correct in that there are no laws preventing employees from looking through social media and from using that information as a basis for/for not hiring. People who use social media choose to put their information online for people to see. Although you can choose to have your profile private, putting any information on the internet is a risk. Employers researching people before hiring them is like people researching companies before applying for a job. You want to ensure that you are a match for each other and that you don’t waste time and money on a relationship that won’t last.

ALSO, DISCUSS THIS IN 400 WORDS:

What
is the role of ethics in society? What is the role of ethics in personal
relations, market arrangements, institutions, organizations, the economy, the
legal system, etc.?

Also, In 500 words, discuss this:

“Power Corrupts?

It could be said that humans love to have some type of power. Power is influence over others, control of resources, and ability to chart your own course. Power also can create environments of deceit, corruption, distrust, anxiety, and ultimately destruction. The question I want to ask you is this… Is there anything wrong with someone pursuing power? Especially when power is the primary goal of their pursuit of a leadership position.

Power is the ability to influence or outright control the behavior of people. Someone can have power over an individual if he/she controls something that you desires. Organizations are made-up of individuals and groups with different values, goals, and interest. Leadership involves some comparison between the goals of the leader and those being lead. Robbins and Judge state, “Leaders use power as a means of attaining group goals.” “In addition, power leads people to place their own interests ahead of others.”

Keltner’s article Don’t Let Power Corrupt You, “While people usually gain power through traits and actions that advance the interests of others, such as empathy, collaboration, openness, fairness, and sharing; when they start to feel powerful or enjoy a position of privilege, those qualities begin to fade. The powerful are more likely than other people engage in rude, selfish, and unethical behavior. Keltner also writes, “People rise on the basis of their good qualities, but their behavior grows increasingly worse as they move up the ladder”. Keltner’s study also showed that wealthy individuals are more likely to believe it is acceptable to engage in unethical behavior.

In the Harvard Business Review article “Telling the Truth About Power” (featured Jeffrey Pfeffer, Stanford Business School Professor) power plays in politics and organizations that people don’t get the importance of personal power and tend to diminish it as something unsavory is because of the literature on leadership doesn’t tell the truth about it”. Pfeffer believes that leaders have to know the rules and they have to understand how the game is played” In addition, Pfeffer the new golden rule “the person with the goal gets to make the rules and budget is a source of power, access information, and access to people.

Another Harvard Business Review article entitled “Power Corrupts, But It Doesn’t Have To” with Jeffrey Pfeffer, which research shows politicians and rock stars, famous athletes, movie stars, clergy has been known to abuse their power and doing ridiculous things. POWER CORRUPTS reaches ALL. In addition, Pfeffer stated “power tends to lead us to be more impulsive, often in socially inappropriate ways”. Pfeffer’s book entitled ‘Power Paradox’ states the skills and behavior traits that lead people to positions of power are the inverse of the misbehavior and impulsiveness and selfishness, which described in the power corrupts research.

“Power tends to corrupts and Power corrupts absolutely,” stated by John Acton, Prime Minister of Naples and Commander of Naval Forces. He also stated that great men or women are almost bad men.

Pfeffer suggest ways to avoid power corruption: be mindful and aware of your power; practice and empathetic listening; ethical commitment to work. Practice courage, justice, fairness, kindness and empathy. Ariely (2012) states that “most of us think of ourselves as honest, but in fact, we all cheat.” In contrary, what keeps us honest is achieving higher ethics in our everyday lives.

DISCUSS THIS IN 150 WORDS:

In a society that is becoming increasingly digitalized, the intersection of business and social media is more noticeable. While the concept of business has existed for ages, social media is primarily a product of the last 20 years. Both Facebook and Twitter launched in the mid-2000’s. Instagram launched in 2010. Those are some of the largest social media platforms, but there are numerous others, giving businesses a variety of ways to connect with existing and potential consumers. As such, most major companies have a social media presence.

One of the benefits of social media over traditional media types such as print and radio is that the business can control its communication without an intermediary. 50 years ago, communicating a message via print or radio required the message to go through some type of filtering/approval method by the medium. While a business had the freedom to generate a communication, distribution of that communication required a medium to be agreeable to distributing it. Having levels of approval also reduces the speed at which the communication goes out. Even the traditional medium chosen to communicate a message can limit speed. To communicate via radio, it requires either a telephone call or an in-person visit to the radio station. To communicate via newspaper, it requires the paper to print thee message and then deliver it to the consumer base. In both cases, reach is limited. Because of the internet, social media allows the message to be delivered as quickly as it can be generated and to as many people as want to hear it.

Whether a major corporation or an individual, social media can be used to establish and grow your brand. If you watch a televised sporting event or even a sports show, it’s not uncommon to see handles and hashtags for the events, athletes or commentators. The ability to influence a brand is also one of the reasons that most companies have social media policies—because social media can destroy a brand as quickly as it can develop one. Because of the speed of social media communication and the reach of that communication, business must be careful when generating any message through social media. Once something is said, you can apologize, delete the message, even delete the account, but it doesn’t negate the fact that it was said

the article i picked: https://www.economist.com/finance-and-economics/20…

For the “Microeconomics in the News”Paper Project you are expected to relate and apply economics concepts we learned in this course to real-life events. You will use newspapers, magazines or the internet to gain access to information on current news. This project will give you a chance to associate economic concepts with real life. See the Guidelinesbelow for further details. This paper project should be completed individually and are subject to the Student Code of Ethics below.

Aim:

To understand that economics is everywhere and to relate daily economic/business news by applying one or more MICROeconomic concepts to a real-life event or an event reported in a news article.

You should focus on how you apply (or relate) textbook concepts to real world events, and NOT on how you critique a news article or summarize a commenter/researcher/reporter’s opinions. The main objective of this project is to find an article from a magazine or newspaper and explain it in the language of “economics.” You cannot use the examples you have seen in our course/book. If you do so you will get zero from this assignment.

Possible News Sources:

Wall Street Journal (www.wsj.com) New York Times (www.nytimes.com) Yahoo Finance (http://finance.yahoo.com/) Financial Times (www.ft.com) Economist (www.economist.com) www.cnnmoney.com (only full-length articles) https://www.foxnews.com/category/us/economy (only full-length articles) Washington Post(www.washingtonpost.com) You can also use search engines but I strongly discourage you doing this. New York Times (www.nytimes.com) Yahoo Finance (http://finance.yahoo.com/) Wall Street Journal (www.wsj.com) Financial Times (www.ft.com) Economist (www.economist.com) www.cnnmoney.com (only full-length articles) Washington Post(www.washingtonpost.com) You can also use search engines but I strongly discourage you doing this.

Style and Format Details:read it TWICE, before you start and after you finish!

1. use Word or save the file in Word or plain text format, use Calibri 11 font
2. the assignment should be between 450 and 600 words, you should use your own words and sentences (you are not to use quotations in the main text)
3. your paper should have two or more paragraphs: the first paragraph summarizes the content of the magazine or newspaper article or a real-life event, and the second paragraph should explain how you applyan economic topic/concept to the news or event.
4. if you use a magazine or newspaper articleinsert the maintitleof the magazine or newspaper article between quotation marks (“”) at the topof your paper.
5. if you use a magazine or newspaper articleinsert the hyperlink(if online) or source (if in print) of the article between quotation marks (“”) at the end of your paper. DO NOT insert the whole article.

Common mistakes that cause point deductions:

At least 1 point deduction applies to each violation of the above format requirements.

• Missing discussion of the specific topic (4 points)
• Wrong topic – non-microeconomics topic and/or not the concepts learned in class (5 points).
• Inappropriate materials – news older than a year (1 points); methodological or conceptual articles from academic journals and publications instead of news (1 point); blogs or opinions (1 point)
• Quotations are not allowed (not necessary) and they will be included in the Matching Report: You are required to write a “summary” in your OWNwords.
• Writing length too short (1-4.5 points, 1 point for each 50 words below requirement) or too long (1 point)
• News article shorter than one regular page in print without margins (1 point)
• Missing a hyperlink or source (1-2 points, depending on your contents)
• Late submissions result in point deductions of 2 pointsfor each 24 hours after the due date
• Three or more grammatical, typos or other writing errors, or illogical sentences (1-2 points). You are recommended to seek tutorials before submitting your assignment (have someone read it once before you submit).

Assignment only accepted through Turnitin (see next page). I will not accept assignments via e-mail, hard copy etc.

Due Date: April 26, at 8p.m. US CT

The final project is a comprehensive project covering all the topics covered throughout the course.The specific instructions are included in the document template below. Make sure you follow these guidelines (if you use the template, many of the formatting guidelines are already set):

• The entire document should follow these formatting requirements:
  • Times New Roman, 12 point font
  • Double-spaced (with no extra spacing before or after paragraphs)
  • One-inch margins
  • Correct spelling, grammar, and punctuation
  • Complete sentences
• Each new main heading should start on a new page (as in the template)
• The title of the report should include your business name
• When you open the template, it will be Read Only. Save it before editing.
• Save the project as Implementation Plan – YourName
• Do not upload your final Implementation Plan until you have finished the entire project.

Implementation Plan Template.docx

Grading will be based upon the Implementation Plan Rubric.pdf.

You can choose any organization’s plan or create your own.

1. Describe the key elements of the Disaster Recovery Plan to be used in case of a disaster and the plan for testing the DRP.

2. Briefly discuss the internal, external, and environmental risks, which might be likely to affect the business and result in loss of the facility, loss of life, or loss of assets. Threats could include weather, fire or chemical, earth movement, structural failure, energy, biological, or human.

3. Of the strategies of shared-site agreements, alternate sites, hot sites, cold sites, and warm sites, identify which of these recovery strategies is most appropriate for your selected scenario and why.

4. For each testing method listed, briefly describe each method and your rationale for why it will or will not be included in your DRP test plan.

• Include at least Eight (8) reputable sources.

• Your final paper should be 1,000-to-1,250-words (minimum), and written in APA Style.

• Pay attention to plagiarism issues