8.6 case study Coursework Example | Topics and Well Written Essays - 500 words

8.6 case study - Coursework Example In the perspective of the second meaning, organizations promote corporate ethics so as to define a set of corporate values, to meet consumer expectations and employee demands, and to deal with economic pressures effectively (p.620). When it comes to IT practices, the first definition (meaning) implies that firms must develop improved IT policies and procedures to operate in well compliance with federal laws and regulations. From the same viewpoint, the second definition implies that organizations need to maintain well established IT practices to ensure that consumers enjoy the benefits of convenient shopping and consumers’ tastes, and specifications are adequately addressed. The firm’s economic environment can have a great influence on these practices. Companies have more choices when economic conditions are favorable but choices may have to be limited under the situations of economic downturns. 2. The advancements in IT greatly benefit corporate enterprises to address ethical issues effectively, and to take advantages of emerging opportunities with regard to corporate governance. The case study tells that IT can contribute significantly to corporate strategy. CIOs can identify the misuses of those IT capabilities, and they will be also able to flag those issues timely and thereby prevent the firm from becoming exposed to scandals. The case described about the business fraud committed by marketing workers at a large telephone company can be cited as a good example. The company executives had identified the fraud before the marketing department actually executed it. Then they developed a comprehensive IT system to monitor the use and prevent the unauthorized access to such sensitive information in future. Similarly, Intel’s IT system helps the company meet its legal and regulatory requirements in addition to enhancing its own corporate values and ethical principles (p p.620-621). 3. In my personal view, organizations should pursue high ethical standards in

Capital Budget Assignment Example | Topics and Well Written Essays - 750 words

Capital Budget - Assignment Example The trucks will also ensure that we can handle all requests for garbage collection. It will eventually lead to a conducive, clean environment in River County. River County residents have echoed out their views of having better roads in the county. River County needs all weather roads constructed all over because of the varying weather condition experienced in the area. As of (Finkler, 2013, p. 32) good governance involves better infrastructure. I have budgeted $240,000 for the purchase of two bulldozers. The expected lifetime for the bulldozers is eight year. The bulldozers will make road and other construction projects in the next eight years simpler. A better the infrastructure will bring development in River County. The two bulldozers may also be used in the building of government projects in the County. River County houses three international stadiums. It is the county’s responsibility to keep the stadiums in excellent conditions. The government offices located in the area also require to be well maintaining. It is because of these factors that I included two lawn mowers in my budget. The two go for a combined total of $48,000. The expected lifetime of the lawnmowers is five years. $48000 will be the ideal spending if the two can service the county for five years. Properly maintained stadiums will encourage the sports sector in the county. If the sports sector is improved, a lot of people will turn up in the stadiums and pay for the service through the purchase of tickets. Properly maintained government compounds will keep the environment clean (Finkler, 2013, p. 32). A lot of the people living in River County are self-employed. The residents would love a centre set up that would offer the grounds for growing their businesses. Centralization of all the counties enterprises and activities would be a significant step towards the growth of the county. The business centre would also bring in some good relationship among the residents of