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Business Ethics

The National Enquirer is a national weekly newspaper with over 5 million copies circulating, with its principal place of business in Florida. It is also known as a gossip paper with some truths and many lies or as some want to call it “twisting the truth”. 2. Was it ethical for the National Enquirer to try to avoid suit in California?

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It was not ethical for the National Enquirer to try to avoid suit in California because this is Shirley Jones place of residence, where she lives and works, and where the paper caused damages for defamation, invasion of privacy, and intentional infliction of emotional distress. 3. Are the defendants subject to suit in California? Why or why not? Yes, the defendants are subject to suit in California because the National Enquirer is sold in that state, the paper committed a tortious act against a resident of California; the damage to Ms Jones career is done in California.

Also a state court can obtain jurisdiction over businesses and people in another state through the state’s long-arm statue. According to Cheeseman, H. R.

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Business ethics

Running Head: Discussion Board Forum 1—Part 2

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DB 1—Part 2
Ethics in Global Business
Cierra L. Wilson
BUSI 604—International Business

1. Key Term and Why You Are Interested in It
Ethics in global business (and business in general) seems to be the determining factor and foundation on which a business succeeds. Atop the foundation lies a pedestal and there sits the people who hold managerial positions. These people in turn are the threads that tie business and success together. They hold the morality and standard of conduct (ethics) within their very being.
“Higher-ups” within a business “…make moral decisions, not corporations themselves…” says Boddy (as cited in Boddy, Ladyshewsky, and Galvin, 2010) and it is extremely important that leaders display an exceptional example in the midst of their employees, considering that their employees are looking to them for advice, education and anything that pertains to growing and succeeding (within the business and the business itself).
Wanting to personally own several businesses (locally and globally) in the future, it’s imperative for a leader, such as myself to understand the importance of ethics in global business. This topic makes for an interesting and valuable discussion considering its impact in this ever-changing world.
2. Explanation of the Key Term
Ethics largely concerns conduct and is charged with helping leaders to make moral decisions when it comes to difficult situations (Audi, 2012). Ethics are essential when companies are doing business locally, but more vital when they are doing business globally.
When dealing with companies and clients outside of one’s locality (and in certain circumstances within the locality), one must refrain from the mindset, “One size fits all” and gravitate toward the mindset of “One size fits most;” what one culture believes to be moral may be the total opposite of that of another culture.
Unfortunately,…

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Business Ethics

February 16, 2011, 4:02 PM
Borders Bankruptcy: What Went Wrong
By Shira Ovide
Borders filed for bankruptcy protection today, turning what had been a business success story (small-town bookstore turns crazy successful national mega-retailer) into a cautionary tale.
Some of Borders’ problems weren’t the company’s fault. There are now hundreds of places to buy books online or in physical bookstores. That forces all book sellers to compete over price.
And, of course, Borders made a lot of mistakes, too: Ill-fated expansion plans, too many stores that lose money and being late to realize the popularity of electronic books.
In a bankruptcy court filing, the company offers an explanation of how it found itself battered and broken enough to need the help of a bankruptcy court. Here’s what Borders said went wrong:
Too Many Unprofitable Stores
This is a big lodestone. Borders is planning to close 200 or more of its stores -– about 30% of its current locations –- because too many stores lose money. Borders said the stores it plans to close are draining $2 million a week out of the company’s profits.
Borders said it “found that they…have a number of stores which are simply unprofitable and are substantially impacting the [company’s] overall performance and ability to pay their debts.” Borders said the store closures will leave the company with a “sizable core” of profitable stores.
Borders stores also have unusually long and onerous lease terms – an average of about 15 to 20 years -– which leaves Borders with little option to cut rent costs if people stop shopping there. Already, Borders said, it closed 219 stores in 2008, mostly from its Waldenbooks shops, and it closed 45 stores last year.
Bad Economy and Changing Book Business
Borders said people have been less willing to spend money on optional purchases like books and music, and the company is facing more competition in book selling. Think about how many places now you can buy a physical or digital book –…

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