community mediation

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Multifaceted Business Valuation

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Self Reflective Journal One

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Barclays Bank: Banking on Ethics” Critical Essay

Unit 2 Assignment
Ethics and Social Responsibility in Business Assignment
In this Assignment you will read the Cengage® Case Study: “Barclays Bank: Banking
on Ethics” and then respond to the checklist items in a critical essay based on the
scenario below.
Assignment Scenario:
As a new marketing associate with Barclays Bank, you are tasked with writing a critical
essay summarizing what transpired during the investigation conducted by the United
States Department of Justice into the abuse of the London Interbank Offered Rate
(LIBOR) interest rate regulated by the British Banker’s Administration. This essay, if
chosen by your new employer, will be the report presented to the Board of Directors.
Write a 2–3 page, (not including a title and references page), double-spaced, critical essay
responding to the checklist items. For assistance with your Assignment, please use your
textbook and library research resources. The instructions for you to execute this task are
as follows:
Directions for completing this Assignment:
1. Read the “Barclays Bank: Banking on Ethics” case study.
2. Learn how to write a critical essay: Click Here
3. Use APA format and citation style, provide a title page and references, and do not forget
to use in-text citations with their accompanying references so as to avoid plagiarism.
4. In your critical essay that includes your thesis, arguments, support, and conclusion,
respond to the following:
Checklist:
? Describe the level of ethical development the executives at Barclays demonstrated
when manipulating the LIBOR interest rates.
? Did Barclays Bank neglect social responsibility? What could they have done to be
more socially responsible?
? What actions regarding Corporate Social Responsibility (CSR) could Barclays have
engaged in after the scandal broke to set things right and ensure that such an event
would not happen again?
? Describe what level of morality would have been demonstrated if executives at
Barclays asked themselves, “Even though manipulating the LIBOR will increase
company profits, is it the right thing to do in the long run?”
? Explain the importance of ethics and social responsibility in marketing as a result of
your case study analysis

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Critical Thinking Scenario

Analyze a chosen scenario from a critical thinking perspective.

Chosen scenario is on the ABC news investigative video titled Blood Money (ABC News Nov 20, 2006)

Write a brief 2 page reflection paper on your analysis by describing the relationship between critical thinking and ethics.

Need to answer the following:

What is the moral responsibility of all participants?
What are the stakeholders’ moral failings?
What ideas or obligations are in conflict?
What is the best outcome given the consequences?

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Health-Care Costs in a Budget

Health care is a major concern in the budgets of all postsecondary institutions. With the increase in the costs of health care, there is a need to change the budget to meet the new demand. In some cases, the costs of health care increase in such a manner that all additional funds should be appropriated for that cost. At times, it may also cause a need for a reduction in staff to offset the increase.

Health insurance companies offer institutions a reduced rate of interest if the institution can show that preventive health programs, such as routine health checkups or exercise programs, are in place.

In this assignment, you will explore opportunities in health care as a way to reduce the costs in the budget.

Tasks:

Research scholarly resources to find examples of institutions where preventive health programs are undertaken. In a 2- to 3-page paper, describe the steps you, as a part of the faculty and staff, would take to create a preventive health program in your postsecondary institution.

Address the following questions in your paper:

Who should be involved in the process for creating the program? How should the process be developed? What incentives would be in place for those who join the health program?

What type of evaluation process should be developed to prove the results of the program?

Support with illustrative examples to depict the reduction in budget.

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Budget Terms

Many terms are associated with a postsecondary budget, several of which are very important in understanding the budget. It is important to understand the meaning of these terms as well as the differences between the various terms to be able to create a successful budget. An example is the difference between an appropriation and an encumbrance. Often, these two are confused with one another. Another important part of postsecondary budgeting includes the knowledge of fixed assets.

In this assignment, you will explore and understand these important budget terms or concepts.

Tasks:

Prepare a Microsoft PowerPoint presentation for the differences between appropriations. Use a minimum of two to three examples of each term in your slides.

In addition, examine the role of fixed assets in the budget process. Use examples of how fixed assets can be important in postsecondary budgeting.

Use the speaker notes section to include points that you would speak in an actual presentation.

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Capitol Outlays

There are many items that need to be included in a budget while developing it. While 80%–90% of the budget is made up of items comprised of salaries and fringe benefits, capital outlays also form a large part of the budget.

In a postsecondary institution, items such as technological equipment, furniture, and building materials are included under capital outlays and can be more costly than some fringe benefits. Budgeting for these items is imperative in the budget process.

In this assignment, you will discuss items that comprise capital outlays and how a postsecondary budget is built when long-term plans for capital outlays are considered.

Tasks:

Post your responses to the following:

As you look at a long-term budget plan of a postsecondary institution, why is it important to plan for items considered as capital outlays?

In some states, capital outlay projects, such as buying technology, have restrictions. Are there any restrictions on capital outlay projects in your state? What are the consequences of such restrictions? (My state is Texas).

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