How should the CEO of a successful and growing US mobile phone company that plans to expand to a new country that is likely to develop into a huge market deal with the dilemma of the necessity to engage in bribery to be allocated operating frequencies in the new country, and the company’s desire to uphold its model ethical leadership, and maintain the culture of integrity, and honesty, which have given the company an excellent reputation among its customers and suppliers.

How does Poland's culture impact the ethical reasoning of its people?Describe how the country's ethical reasoning might disrupt global business?

1. During the time frame that Intel was making exclusivity payments to Dell, Dell’s business model was being adversely affected by the increasingly competitive nature of the PC industry. What responsibility, if any, do auditors have to analyze a client’s business model? Do auditors have a responsibility to track and analyze key developments in a client’s industry? Defend your answers. 2. What ethical issues do exclusivity agreements such as that between Dell and Intel raise? Are there analogous ethical issues faced by audit firms and their clients? Explain.

How can you describe how America's ethical reasoning might disrupt global business?

Why is the agency problem more pronounced for multinational corporations?   Check all that apply:   MNCs are often larger than purely domestic companies.   There are no international laws to prevent agency problems.   Monitoring managers in foreign countries is more difficult.   Managers raised in different cultures may have different goals and values.

One of your clients has recently read about the goal of converging to International Accounting Standards and they are concerned about what impact it may have on their company. 1. Discuss some of the costs that a company might incur as part of its converging with International Accounting Standards. 2. Discuss why it might be important to your client to adopt International Accounting Standards even though they are currently only operating domestically throughout the central part of the United States.

Know your customer (KYC) is critical for business from regulatory perspective because O a. It helps maximise business revenue and turnover by understanding customers' preference O b. Business can collect customer data and make profit out of it O c. It can protect against fraud and crimes and to deliver obligations in terms of products and services O d. Business can proactively chase the sources of money laundering and protect the public interest Based on ASIC's Innovation Hub Sandbox exemption for fintech testing, given fintech in sandbox must: O b. O c. Od. Have no more than 100 retail clients Can have unlimed wholesale clients Have total exposure to customers of no more that $5 million All of the above

‘One effect of the recent globalisation of business is that it is now easier for owners and managers to escape their ethical obligations than in previous eras.’ Can you think of any reasons in support of this viewpoint?

Managers of corporations need to act in an ethical manner O because ethical behavior is its own justification. O because a business must be trusted by investors, customer and the public if it is to succeed. O because business managers must answer to a higher authority. O because ethics violations will be punished by the law.

Issue:  In the post-Enron environment, and with the enactment of the Sarbanes-Oxley legislation, many firms are proactively portraying themselves as being “ethical.” Ethical behavior is, for example, part of the Corporate Social Responsibility movement. This behavior includes many dimensions, from the ethical treatment of employees and the environment, to ethical financial reporting. Academic research has found a positive correlation between a firm’s reputation and its financial performance.     Questions to be Answered:  Do you feel that strong ethics makes good business sense? Why do you think that there is a positive correlation between ethical behavior and successful corporate financial performance?