J3 Journal

 Batman and Commissioner Gordon constantly involved themselves with local, state, and federal regulations. Think about the regulations in your locality and specifically reflect on one regulation that could use some improvement. What could be improved regarding this regulation?

 entry must be at least 200 words 

Case Study

  review the Nike case study, located at: https://www.youtube.com/watch?v=M5uYCWVfuPQ.

Click here view the video transcript.

Once you have viewed the case scenario, respond to the following questions, with thorough explanations and well-supported rationale.

1. These workers state the “only thing they have is their work”. This statement suggests that without this work, they would have a lower standard of living. Should we inflict western values on this society? Bring in the concepts of social responsibility, integrity and other business ethics practices.
2. From Nike’s standpoint, is this a fair assessment of their ethical standards? Explain the some of the ethical issues that Nike is facing in the case.
3. Explain what Nike has done to improve this situation since this 2011 video. Include the use of codes of ethics and other ethical standards implemented within the organization.
4. Is your opinion of Nike any different now after viewing this video? Would this change your buying behavior with respect to Nike products?

 response should be a minimum of two double-spaced pages. References should include your required reading plus one additional credible reference. All sources used must be referenced; paraphrased and quoted material must have accompanying in-text citations, and cited per A&P guidelines.

Journal 4

 Hawkeye Pierce and BJ Hunnicutt built years of unethical situations on the popular show MASH. Through their comical depiction of these situations, the viewer might have been left with the impression that the unethical behavior was actually appropriate. Share your thoughts about what can happen to a business if ethical standards are not taken seriously.

 entry must be at least 200 words 

J4 Essay

Ethics in business relationships include both the external and internal relationships that develop around the organization. For this, you will focus on the internal relationships that develop inside the organization. Studies have indicated the more positive the environment within the organization, the more productive the employees.

Research one or a combination of these job-related topics found within organizations: job discrimination; sexual harassment; bullying or unsafe working conditions.

1. Briefly describe the issue.
2. Analyze the impact on overall morale, relationships within the organization and ultimately overall productivity levels.
3. Research a minimum of one company that was caught up in this type of issue.
4. What best practices might a company implement to avoid negative behavior within their organization?
5. How would you rate the ethical practices of the company that you chose (excellent, fair or poor)? Explain.

 response should include an introduction, thesis statement, and a clear discussion of the questions/topics above. It should be a minimum of two double-spaced pages. You are required to use at least two credible references. All sources used must be referenced; paraphrased and quoted material must have accompanying citations and be cited per A&P guidelines.

 

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Jack and Jill, a middle aged married couple, are registered as co-owners of their freestanding family home in Kensington. The property is held under Torrens Title and they are registered as joint tenants. They have paid off the loan they had taken out from the Eastpac Bank to purchase the property, which is now worth over one million dollars.

The marriage is going through a difficult time, and Jack recently became friends with a single woman living in the USA through an online dating service. He has decided to travel to the US by himself to meet his new friend and start a new life, taking as much money as possible with him. Having very little cash in the bank, Jack successfully applied to Eastpac bank for a new loan of $500,000, with a mortgage over his house as security. The bank manager told Jack he and Jill would need to attend his office to sign a mortgage agreement, but Jack made up a story that Jill was unable to come to the bank to sign personally due to illness. As a long term reliable customer, the manager allowed Jack to take the documents home for his wife Jill to sign. Without telling Jill about the loan, Jack forged his wife’s signature on the mortgage document. The bank accepted the signed mortgage not knowing Jill’s signature was forged, and registered it at the Land Titles Office.

Taking the $500,000 with him, Jack disappeared to the USA, never to return, and made no repayments of the loan. When the loan defaulted, the bank followed the usual procedure and exercised its power of sale over the property to recover the outstanding loan. It sold the property at auction to Mr. Chan, who became registered owner of the land.

Jill has had to vacate the property, but knew nothing about the loan to Jack. She claims the mortgage to the Eastpac bank is void because her signature was forged. She claims she still legally owns the house and should not have to suffer due to Jack’s dishonesty.

Mr. Chan says he is entitled remain owner as he legally bought the property at the auction, and knew nothing about the forged mortgage.

Advise Jill and Mr Chan as to their legal position under the Torrens Title system.

 

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Jack and Jill are small business owners who run a hot dog stand licensedto operate outside a business shopping district. They have been so successfulthat they believe a second hot dog stand in the area also would be profitable.The capital expense to set it up would be $10,000 and they are consideringseveral options. Use a spreadsheet to evaluate these options by inserting(i) their receipts in column 1; (ii) expenses in column 2; (iii) change infinancial assets in column 3; and (iv) change in their debt in column 4. Statewhether they would be a surplus-budget unit or a deficit-budget unit undereach option.A.Their sales for the month turn out to be $12,000 and their expenses are$9,500; they borrow $10,000 for the new hot dog stand.B.Their sales for the month turn out to be $15,000 and their expenses $9,500;they sell $5,000 in stock and borrow the remaining funds needed to financethe new hot dog stand.C.Their sales for the month turn out to be $8,000 and their expenses are $9,500;they choose neither to borrow any funds nor build the second hot dog stand.D.Their sales for the month turn out to be $9,500 and their expenses also are$9,500; they use $5,000 in their bank account (with no other asset sales) tohelp finance the new hot dog stand.

 

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Jack and Kyra are partners in Law Firm, LLP, a limited liability partnership. Jack supervises Kyra, who negligently fails to appear in court on behalf of Milo, a client. Liability to Milo rests with1. Kyra only.2. Jack and Kyra.3. neither Jack nor Kyra.4. Jack only.

 

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