The moral issue in this article is that while many of the developing nations support clean and safe water as a human right because they lack clean and safe water, many of the developed nations are reluctant to accept their responsibility simply because they have clean and safe water and they do not want to assume the responsibility of providing safe and clean water to the entire world. 2. Bolivia strongly supported the resolution and its permanent representative to the UN, Pablo Solon, quoted various statistics in order to create awareness for safe and clean water. He stated that while global supplies of fresh water are shrinking day by day, “Approximately one out of every eight people does not have drinking water. In just one day, more than 200 million hours of the time used by women is spent collecting and transporting water for their homes.” Solon stated that sanitation problem is even worse as 2009 World Health Organization and UNICEF study declared that around 24000 children in developing countries were dying each day from preventable diseases caused by polluted water.
It is possible for individuals working at one of the investment houses or the other involved negotiators to make millions. They would let their associates know the merger is going to happen. These associates invest. After the merger is completed the stock shoots up, and the secret investors make a lot of money.
Between 2005 to 2009 they created over 6,000 phony invoices to doubled their assets on the company's books, reflecting an overall increase in value of the company. The SEC also fined the company's accountants, Price Waterhouse, $6 million for allowing the fraud to go on without reporting it.
Bribes were paid to obtain competitive advantage over firms. They were hidden by 10 percent price increases marked on such drugs and medical supplies branded Janssen and Cilag. Illegal marketing practices to foreigners such as bribing are covered under the federal Foreign Corrupt Practices Act (FCPA).
The securities were collateralized debt obligations and actually represented the transfer of risk to unknowing buyers who later suffered gigantic losses reaching billions of dollars. Wells Fargo sold these securities through a Wachovia bank in Charlotte, North Carolina, that it finally purchased in 2008.
It has represented the large banks such as Wells Fargo and JPMorgan that have been quick to initiate foreclosure procedures instead of mortgage modification negotiations to take people from out the ownership of their homes. Schneiderman represents the effort of attorneys general all over the country who are conducting inquiries over the conduct of foreclosure proceedings and its many common people victims left over from the recession fallout.
The ‘bad apple’ concept which is usually suggested as a reason of unethical business consequences has been referred by the author as a mere myth. The perception that formal code of conducts can ensure ethics has been disproved in the article. It has been pointed out that
This essay is a fervent piece that shows creativity of the author. Though, the article does not reveal a noteworthy aspect of the writer’s persona. It portrays a detailed description that shows the body’s relevance to
Business ethics researchers David De Cremer and Henri‑Claude de Bettignies explore these predicaments and attempt to answer questions about particular ethical predicaments in ordinary and executive business
2 pages (500 words)Article
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(“Business Ethics Article Example | Topics and Well Written Essays - 250 words - 8”, n.d.)
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“Business Ethics Article Example | Topics and Well Written Essays - 250 Words - 8”, n.d. https://studentshare.net/other/26537-business-ethics.
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1. The article states that United Nations (UN) passed a new resolution in June 2010 that declared safe and clean water as a human right. 122 voted in favor of the resolution, 41 did not vote and none of the countries opposed the resolution. While most of the developing nations ferociously supported the resolution, a majority of the developed countries preferred to remain silent and chose not to vote…