Business Ethics and Social Responsibility Assignment

Business Ethics and Social Responsibility - Assignment Example The forty-seven-year-old Betty Vinson together with the 35-year-old Normand would face a sentence of fifteen maximum years, in jail. The sentence, however, can reduce to become years less than fifteen. Also among those who admitted the guilt, according to reports by the US TODAY, are Buford Yates and David Myers. The former was a former accounting director and the latter a former controller. The two pleaded guilty during the case of the government against WorldCom. The two were former low-level accountants at the collapsed firm. The sentence was not just. Ms. Vinson made the ethical decision as a way of cooperating with the prosecutor. The confession of guilt was a way of cooperation with the prosecutors. This was in exchange for possible leniency. The prosecutor, therefore, should leave Ms. Betty Vinson without putting then to the sentence. The two ex-WorldCom accountants were following the orders of the Chief Financial Officer, Scott Sullivan. Madoff was a Wall Street cognoscente and led the Nasdaq Stock Market. He also was a money manager that many sought-after. Clients believed to have the secret to investment success. He logged 10 percent of the yearly returns and set little down month. He got returns, in the end. He exploited three things. He took advantage of the fact that a significant number of investors sophisticated funds of hedge funds as well as advisers on investment issues. He exploited the fact that a considerable portion of the investors forgot that if something looks too good, then it is questionable. Madoff also took advantage of regulators’ failure to view his real image. The regulators considered Madoff an influential investment advisor as well as a broker. The discovery of Madoff’s dealings came long after he practiced them for a considerable period. This came with the collapse of markets and a stagnating economy.

Forty Fruity Company Essay Example | Topics and Well Written Essays - 1000 words

Forty Fruity Company - Essay Example The company holds that it provides something for everybody, a reason for its choice of location (AIJN, 2008). The management at the company believes that as much as they do not promise eternal life and instant beauty to their clients, they advise that regularly drinking juice make them feel full of energy. FortyFruity Company runs through delicious, healthy, and nutritious item products as the product line. The company enlists milkshakes, delicious juices, and fruit salads on its menu prepared and presented in an upscale and bright environment. They become brighter, develop smoother skins, a smile that matches the complexion, as well as lose weight. Furthermore, they have a happier and healthier lifestyle. FortyFruity opened its doors to clients in Abu Dhabi, United Arab Emirates in two thousand and two. The company offered an exceptional concept concentrating in provision of fresh fruit salad and fresh juices to the fruit market. The company operates based on three primary goals in the FortyFruity business network. The fundamental goals are outstanding customer service, provision of highest quality fresh juices and fresh fruit salad, as well as affordable prices to all the clients. Since the company aims at ensuring that, a real combination of healthy and tasty drinks reaches the cus tomer’s table, then the location. The management should ensure that other outlets of the company are in densely populated areas. It will help the company get closer to the customers their clients, which will bring the difference between their accessibility and their competitors. It should add proper means of transporting or serving their customers to wherever they need. Their creamy and tasty shakes ought to have a combination of vanilla yoghurt, milk, and fruits (Groenewald, 2009). Customers consider the creamy shakes special products. The company will, and then squeezes the juice from fresh fruits to make their juice products more marketable. Forty Fruits holds