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Article Check - An Ethical Dilemma: How Should You Handle It?
OUR financial decisions can affect your credit score in surprising ways. Two credit-scoring simulators can help consumers understand the potential impact.The Fair Isaac Corporation, which puts out the industry-standard FICO scores, offers the myFICO simulator. A consumer with a score of 707 (considered good) and three credit cards would be likely to add or lose points from his
If they agree to the kickback, they get the sale but risk getting caught and getting into big trouble.
If they don’t agree t
The temptation to lie on a resume is great! How can it hurt if I stretch the truth a bit? Employers see lots of resumes. How are they going to know who lies and who doesn't?Whoa! Let's stop a minute and reflect on what lies can REALLY do on a resume.1. Lying and stretching the truth may come out anyway. You, job seeker, might exaggerate to the wrong people
Sometimes, an ethical dilemma might be easily solved once you have had a bit of time to think about it but in other cases, it might not be as easy.
Perhaps you have been put into a bad position where you need to make a decision that will most likely have consequences regardless of what you decide.
An example of an ethical dilemma is when a salesperson is guaranteed to make a big sale if they offer a kickback (ie. an illegal payment) to someone.
If they agree to the kickback, they get the sale but risk getting caught and getting into big trouble.
If they don’t agree to
Business valuation is very important for a business owner as it gives a clear picture of the company's strength, weaknesses and progress. Determining the value of a business is considered necessary for various purposes such as estate planning, business succession planning, loan application, buy-sell funding, charitable giving and financing.In order to optimize business value f
Sometimes, an ethical dilemma might be easily solved once you have had a bit of time to think about it but in other cases, it might not be as easy.
Perhaps you have been put into a bad position where you need to make a decision that will most likely have consequences regardless of what you decide.
An example of an ethical dilemma is when a salesperson is guaranteed to make a big sale if they offer a kickback (ie. an illegal payment) to someone.
If they agree to the kickback, they get the sale but risk getting caught and getting into big trouble.
If they don’t agree t
In today?s marketplace, the sale and purchase of businesses occurs quite often at all different levels including anywhere from small, privately owned companies to large corporate conglomerates. Regardless of the type of business one owns, there are a few tips one should follow when selling their business. The following paragraphs will highlight some of these handy guidelines.
Perhaps you have been put into a bad position where you need to make a decision that will most likely have consequences regardless of what you decide.
An example of an ethical dilemma is when a salesperson is guaranteed to make a big sale if they offer a kickback (ie. an illegal payment) to someone.
If they agree to the kickback, they get the sale but risk getting caught and getting into big trouble.
If they don’t agree t
You can spend thousands of dollars on advertising, direct mail, yellow pages and you name it, but it is simply amazing how much mileage you can get out of good customer service. You will have referrals, repeat customers and an excellent standing in the community. More importantly you can save thousands on your advertising bills.Of course real customer service is not free. You
An example of an ethical dilemma is when a salesperson is guaranteed to make a big sale if they offer a kickback (ie. an illegal payment) to someone.
If they agree to the kickback, they get the sale but risk getting caught and getting into big trouble.
If they don’t agree t
Referrals have worked wonders for many companies. Your staff is actually your best resource for finding new employees and can save you thousands of dollars in recruiting or other fees. The best way to encourage employee referrals is through a formal Referral Program which might include bonuses, cash awards, gifts, trips, etc.------------------------- What type of award?
If they agree to the kickback, they get the sale but risk getting caught and getting into big trouble.
If they don’t agree to the kickback, they don’t get the sale and might end up looking bad in the eyes of their employer.
Also, should they even tell their employer about the situation or should they simply make a decision and live with the consequences?
Clearly, this is an ethical dilemma and although it’s easy to say you would do the right thing, when you are actually in such a position and are feeling pressure to act, you might not always be able to think as clearly as you would otherwise like to think you would.
Depending on the situation, how you react to an ethical dilemma might differ but at the end of the da
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