Will Ferrell

around after the split. Clearly, motorsports fans love the adrenaline rush the race offered. As a result, IndyCar took note and developed a better strategy to present their events in a way that enhanced their fans experiences (Ferrell & Hartline, 2014). For instance, Ferrell & Hartline (2014) highlighted IndyCar ability to work with sponsors to provide fans with the opportunities to play games, visit exhibits and interact with different products. In fact, research further concludes IndyCar…

apathetic culture (Ferrell, Fraedrich, & Ferrell, 2013). They demonstrated very little interest to their employees and customers. In fact, they did not care how their employees deceived minorities and low-income borrowers into getting subprime loans, even if they were a high risk of not repaying the loans. Countrywide was willing to substitute good ethical conduct for unethical conduct to maximize their profits, regardless of how much the loan costed their customers (Ferrell, et al, 2013).…

stakeholders no longer trusted the corporate executives to make ethically correct decisions over their personal greed. Ultimately three top executives with Enron were found guilty of wrongdoing and awarded prison sentences and or substantial fines (Ferrell, Hirt, & Ferrell,…

environment. The company takes pride in establishing a healthy work life balance. Chouinard understands that there is no time frame for which life happens. Therefore, Patagonia employees work on flextime and are trusted to maintain their hours (Ferrell, Hirt, & Ferrell, 2009). Child care is offered to families on site. There is an inherent standard set to remain casual and productive. One may feel that you are only as god as you treat your employees. In regards to the environment, Patagonia…

I think it is really not fair to make a broad statement regarding whether or not regulations are regulated enough. There are areas where each opinion may ring true. In some circumstances, government regulations have been restrictive and harmed small businesses. However, there are areas where regulations have been lax and shareholders, the community, and the environment have been damaged. An area where the government regulations are stifling is for small businesses. Compliance reform exerts…

subordinates and fellow leaders can trust. Also effective leaders set the tone within the work environment and setting a precedent in ethical behavior. In addition, Ferrell, Fraedrich & Ferrell (2013), explain that “ethical leaders need both knowledge and experience to make the right decisions” (p. 141). Furthermore, Ferrell, Fraedrich & Ferrell (2013) has compiled a list of seven habits of a ethical leader that derived from the conception of The 7 Habits of the Highly Effective People by…

giant in the insurance industry and later added the subprime mortgages to its portfolio that increased its profits into the billions. The company cut corners by aggressively lobbying for laws and rulings that would go in their favor (Thorne, Ferrell, & Ferrell, 2011). They came under investigation by the SEC because they thought they were reporting profits wrong. Also, the company was giving unearned bonuses to upper management and promising investors, and stakeholder’s money that they weren’t…

Student Answer: There are a few competitive advantages that Sonic has over other fast food franchises. Some of Sonic’s success may be attributed to its stringent requirements for selecting franchisees (Ferrell, Hart & Ferrell 2009). Sonic has a few different requirements than other fast food restaurants when it comes to franchising out. Sonic requires that you have background in the restaurant business as well as being financially fit for the franchise. Sonic does not want someone that has never…

Karl is facing major challenges between his personal ethics and the lack of an ethical culture in the Bounce Corporation (Ferrell, Fraedrich, & Ferrell, 2013). Marketing to compulsive personalities, increasingly violent scenes to interact with, and using sex as a reward, are the three primary ethical issues being faced in the Breakaway project. Not only does Karl need to stand his ground with moving forward with this project in the U.S., but also as it relates to other markets. Through Karl’s…

The President is implementing changes to improve the reputation of the BBB by reviewing procedures for managing complaints and revamping the rating systems. However, little information is available to determine how aggressive they are in changing culture and implementing internal controls and monitoring each branch. It took two years to oust the executive in the Los Angeles branch that was engaged in unethical pay for play scheme, but they did take action. The BBB is not a government agency or…