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Value-Based Code of Ethics:

Company Name: ABC ABC is a fictitious organisation operating in the technology sector. The company’s origin is founded in the development of cloud based and online telecommunication to satisfy the demand for such resources due to the effects of Covid-19. This company specialises in providing reliable and accessible cloud storage and video telecommunication with a special emphasis on low bandwidth usability enabling greater access to consumers. ABC is a for-profit organisation that currently does not have a values-based code of ethics. The company entered the market in March 2020 experiencing rapid growth due to the high demand for its products. To ensure this growth is maintained in an ethical and sustainable manner, the company requires the establishment of a values-based code of ethics.

Values-Based Code of Ethics – : assign 1-2 group members per chapter; it will be their responsibility to consider the values and mission of the company, then relate 2 key concepts from each chapter to the company to create the Values-Based Code of Ethics. When creating the code of ethics, strong responses will connect learning and GCE outcomes effectively throughout.

• Chapter 14 – Consumer Stakeholders: Product and Service Issues

• Chapter 15 – Sustainability and the Natural Environment

• Chapter 17 – Employee Stakeholders and Workplace Issues

• Chapter 18 – Employee Stakeholders: Privacy Safety and Health

 
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A journalist has received a message from a source stating an astonishing claim about the mayor. Currently, the journalist believes that the claim is true with a probability of 5/7. The problem is that the source’s integrity and motives are questionable, and so before publishing story, the journalist will consult with a second source [referred to as “the mouth”] who will give an opinion (either belief or disbelief in the claim).

The journalist believes that the mouth will believe the claim with a probability of 0.7. In past situations where the mouth reviewed questionable stories which ultimately turned out to be true, he believed them with a probability of 0.9, while in past situations where questionable stories turned out to be false, the mouth did not believe them with a probability of 0.8.

  1. Let T be the event that the claim is true and B be the event that the mouth expresses belief in the claim. Use Bayes’ theorem to find the probabilities: p(T|B), p(T|B`), p(T`|B), and p(T`|B`).

After consulting with the mouth, the journalist will then decide whether or not to publish the story. This choice will be made before the truth of the claim is finally established. If the story is published, and it turns out to be true, the journalist will receive a payoff of 1000. On the other hand, if the story is published but it turns out to be false, the journalist will receive a payoff of -1200. If the story is not published, the payoff will be 0.

  1. Using this information and the results from part A above, form a decision tree and determine what the best course of action is for the journalist, i.e., what should be done if the mouth believes the claim, and what should be done if the mouth does not believe the claim. What are the expected payoffs in each case?
 
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  1. The Securities Exchange Act of 1934 holds certain insiders liable under Section 16(b) of the Act. Which of the following classes of people would not be insiders in relation to the corporation in which they own securities?

    a major debenture holder.

    an executive vice president.

    an 11% shareholder.

    a director who owns less than 10% of the shares of the corp.

  2. Under the Securities Act of 1933, subject to some exemptions and limitations, it is unlawful to use the mails or instruments of interstate commerce to sell or offer to sell a security to the public unless

    the SEC approves of the financial merit of the offering.

    the offer is made through underwriters qualified to offer the securities on a nationwide basis.

    a surety bond sufficient to cover potential liability to investors is obtained and filed with the SEC.

    a registration statement has been properly filed with the SEC, and has been found to be acceptable and is in effect.

  3. The 1934 Securities Exchange Act requires certain disclosure during a “tender offer.” Which of the following best describes this requirement?

    whenever 10 percent of a target corporation’s stock is acquired.

    whenever stock is acquired with intent to effect a takeover.

    whenever the acquiring company acquires a “controlling interest” in the target.

    whenever an offer for more than 5 percent of a class of registered equity securities is made.

  4. Young owns 200 shares of stock of Victory Manufacturing Company. Victory is listed on a national stock exchange and has in excess of one million shares outstanding. Young claims that Truegood, a Victory director, has purchased and sold shares in violation of Section 16 of the Securities Exchange Act of 1934. Young has threatened legal action. Which of the following statements is correct?

    Truegood will have a valid defense if he can show he did not have any insider information which influenced his purchase or sales.

    Young can sue Truegood personally, but his recovery will be limited to his proportionate share of Truegood’s profits plus legal expenses.

    Since Young’s stock ownership is less than 1%, his only recourse is to file a complaint with the SEC or obtain a sufficient number of other shareholders to join him so that the 1% requirement is met.

    In order to prevail, Young must sue for and on behalf of the corporation and establish that the transactions in question occurred within less than six months of each other and at a profit to Truegood.

  5. Marge wishes to raise some money to begin mass producing her prize-winning jellies and jams. She offers her neighbors a piece of her profits if they will each invest $2,000. Is the investment a “security?”

    Yes, since Marge will do all the work.

    No, since the neighbors are putting no effort into it.

    No, because Marge is not issuing stock certificates.

    Yes, because her neighbors will have a security interest in the jelly.

 
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You work as a director of leadership and learning for a company that makes prosthetics. The company has been in business since 1999 and employs over 350 people in its Tampa, Florida, headquarters and three plant locations across the Southwest. While the business is currently based in the United States, the company is exploring ways to move into Canadian markets within the next three years.

This year’s employee engagement survey results for the company show that some leadership areas were rated lower, while some were rated higher.

The new chief human resources officer (CHRO) meets with the team to discuss the general results. Everyone agrees the focus will be on specific leadership development areas that are perceived as strengths and areas for improvement, primarily in regard to social intelligence, emotional intelligence, and the interpersonal skills of effective leaders. As part of the change management, the vice president of leadership and learning, your manager, asks you to create an adaptive leadership toolkit and, subsequently, to self-assess and create a personal leadership plan to test its efficacy.

Prompt

Revisit your Leadership Circle self-assessment results from the Module One journal assignment. This self-assessment is located in the Wiley Course Resources module of WileyPLUS under the Course-Wide Resources drop-down menu. The assessment is titled The Leadership Circle Profile 360: Self-Assessment.

  • Creative Competency Identification
    • Select one creative leadership core competency from the inner circle on the top half of the profile (relating, self-awareness, authenticity, system awareness, or achieving). Select this competency based on your determination that it is critical for success based on your assessment of the organization’s employee survey results.
    • Select one to two competencies from the outer circle associated with your chosen inner circle competency, and provide your rationale justifying the inclusion of these competencies in the adaptive leadership toolkit.
  • Reactive Competency Identification
    • Select one reactive leadership core competency from the inner circle on the bottom half of the profile (complying, protecting, or controlling). Select this competency based on your determination that it is critical for success based on your assessment of the organization’s employee survey results.
    • Select one to two competencies from the outer circle associated with your chosen inner circle competency, and provide your rationale justifying the inclusion of these competencies in the adaptive leadership toolkit.
  • Comparison: Recommendations for Competencies and Leadership Circle Results
    • Compare and contrast your personal Leadership Circle profile results with the recommended competencies.

Guidelines for Submission

Submit a 3- to 5-page leadership core competencies report for your manager that includes your recommendations and rationale. This should be a Word document with 12-point Times New Roman font, double spacing and one-inch margins. Sources should be cited according to APA style.

 
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