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Kaplan University AC 504 - Unit 1 Assignment




Question;Assignment I;Tainted;Baby Powder Milk;Read;the Ethics Case China?s Tainted Baby Milk Powder on pp. 39?41 of your;text and answer the following questions (approximately one paragraph per;answer) from p. 40: 1, 2, 3, and 5;Questions;Given strong profit growth, has there been any;damage to reputation?What would reputational damage affect, and how could;it be measured?What steps could take to restore its;reputation, and what challenges will it have to overcome?;In some cultures, a ?culture of secrecy? or;manipulation of the new s is tolerated more than others. How can this be;remedied by other governments, corporations, investors, and members of the;public?;Assignment II;WorldCom;SituationRead;the Ethics Case WorldCom: The Final Catalyst on pp. 112?118 and answer;the following questions from pp. 118: 1, 2, 3, 4, 5, and 6.;Questions;Describe the mechanisms that WorldCom?s management;used to transfer profit from other time periods to inflate the current period.Why did Arthur Andersen go alone with each of these;mechanisms?How should WorldCom?s board of directors have;prevented the manipulations that management used?Bernie Ebbers was not an accountant, so he needed;the cooperation of accountants to make his manipulations work. Why did;WorldCom?s accountants go along?;Why would the board of directors approve giving its;Chair and CEO loans of over $408 million?How can a board ensure that whistleblowers will come;forward to tell them about questionable activities?;Assignment III


Paper#42715 | Written in 18-Jul-2015

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