Just as ethical issues may arise in business organizations, they also do so in the sports world. From the excerpt in our Business textbook (Ferrell, 2015), ethical issues arise in the example of the New Orleans Saint Football team. As our Business textbook states, “The New Orleans football organization is an example of ethical misconduct in leadership (Ferrell, 2015).” The New Orleans Saints leadership exhibited ethical issues such as bribery within the team, fairness and honesty in the game,…
industry, and financial institutions. Laws regulating business conduct are passed because some stakeholders believe that business cannot be trusted to do what is right in certain areas, such as consumer safety and environmental protection (Ferrell, Fraerich, & Ferrell, 2013). This was shown with the financial crisis that happens in 2008 with the mortgage industry regarding the subprime loans. This situation was a domino effect within our economy.…
conduct and code of ethics define acceptable behavior and includes a statement of values (Ferrell et al., 2015). Moreover, the organization can conduct a cultural audit to check for ethical compliance. A cultural audit consists of bringing in a third-party to assess the organization’s values. The audit can help the organization determine if the organizational culture is at risk for ethical conflict (Ferrell, 2015). Internal accounting practices are an excellent way to prevent future…
cited from Puchalski and Ferrell, 2014), spirituality is the expression of showing intrapersonal, interpersonal and transpersonal relatedness, leading to the empowerment of an individual. This intrapersonal bond is received from others and the environment, whereas, interpersonal connection derives from within oneself. Transpersonal spirituality refers to a connection with a power beyond the ordinary, such as a God. Furthermore, Puchalski (2006 cited from Puchalski and Ferrell, 2014) believes…
unknowingly depend on each and every day. “Monsanto is the world’s largest seed company with sales over $15.9 billion” (Ferrell 382). Monsanto is known for its genetically modified (GM) seeds that have the ability to survive drought, fight off weeds, and kill insects (Ferrell 382). “Over 90 percent of the world’s GM seeds are sold by Monsanto or companies that use Monsanto genes” (Ferrell 382). According to a “Vanity Fair” article titled Monsanto’s Harvest of Fear, “Monsanto spends more than $2…
approach to an audience and provide more news in less time (Ferrell & Hartline, 2014); therefore, this concept would appeal to generations of business people who stay on the move and have minimal time. The paper has done just that! They were able to differentiate themselves in a way that took untraditional approach – such as, colorful graphics, short detailed stories, colorful weather maps, celebrity stories, and unique writing styles (Ferrell & Hartline, 2014).…
I remember my parents waiting faithfully morning after morning on their newspaper to be delivered. They where faithful subscribers to USA Today, I would tease them and tell them that they where USA Today’s most loyal customers. As the technology has advanced we as consumers have the access to the news electronically. Which in return the printed subscribers continue to decrease. For example, when breaking news occurs readers do not want to wait until the next day. We want the news quickly so by…
Ferrell, Truman had two main reasons for dropping the atomic bombs on Hiroshima and Nagasaki. First of all, there was an emotional reason that had to do with Japan’s surprise bombing of Pearl Harbor (Ferrell 209). After the bombings in Japan Truman responded to a letter asking why he had done it with stating, “You should do your weeping at Pearl Harbor…
McDonalds is a fast food restaurant that services million of people around the globe daily. McDonalds are franchises. A franchise is the “license to sell another product or use of another’s name in business or both”((Ferrell, Hint, & Ferrell, 2009). McDonalds in the small business category as each store is owned by the franchise. Starting a small business can be risky, as most small businesses the individual is an entrepreneur. Being part of a franchise such as McDonalds, the entrepreneur…
mortgage originator in the United States (Eastburn, 2010). By 1980, they had 40 offices in eight states with loan production that exceeded $1 billion (Eastburn, 2010). Later, in July of 2008, they sold to Bank of America for $4 billion (Ferrell, Fraedrich, & Ferrell, 2011).…