Can you imagine the financial efforts the economy would feel if every home owner just up and walked away from their homes when they owe more than the definite value of the home and their loans? With the current struggles and rapid down spiral of our economy. Many financial services and institutions are burdened with many homeowners inability to maintain their mortgages financial responsibility and resulting in abrupt abandonment. The endurance and very essence of our economy and financial system depends heavily upon homeowners being able to fulfill financial obligations out in their mortgages loans. According to Anne Federwisch, “The public seems to have the perception that the financial service sector is more unethical than others area of business ( www.scu.edu)”. Unfortunately the financial service industry is plagued with many ethical issues that affect everyone and the economy. This paper will describe and discuss the virtual organization company of Mc Bride Financial Services giving background information on the profile of the business and the current moral and ethical issues faced by this financial service company.
Mc Braid financial services are an established regional mortgage lender service company that is headquartered in Boise, Idaho. The company plans to expand their financial services to parts of Wyoming, Montana, North Dakota, and South Dakota. The mission of the company is simply stated as follows “Mc Bride financial services will be the preeminent provider of low cost mortgages services sings state of the art technology in the five states of Idaho, Montana, Wyoming, North Dakota, and South Dakota. We thank you in supporting our mission”. The focal point of the company is becoming a profitable company within the first year of operating. Leverage technology to minimize cost and maximize efficiencies for customers and the business in applying for and obtaining their mortgages. Achieve financial break even within six months of commencing operations. Mc Bride business philosophy is that there customers will receive the most
Current Ethical Issues
Ethics is a moral obligation and is something that we all encounter at some point in time in our lives. This is when you have to make a decision and be able to make hard and knowledgeable decisions for the greater good. Even in the professional world all people should act in a manner that would up hold the good of the society. The organization that I have chosen is Kudler Fine Foods. Kudler provides the finest wines and foods in three different…
Current Ethical Issues Article Search
Current Ethical Issues Article Search
McBride Financial Services offers conventional FHA, and VA loans for home purchasing and refinancing. Their mission is to become the leading provider of low cost mortgage services by using state of the art technology. McBride Financial Services specializes in first time homebuyers as well as problem credit clients. Upon approved credit the customers will receive…
Current Ethical Issue in Business
Ethics and moral obligation are something that we all encounter at one time or another. Even in a professional setting, all persons should act in a manner that would uphold the good of society. Why is it that good, ethical and moral behavior is not always adhered to? Is it because some people do not understand ethics and what it means to be ethical? To be ethical, one has to decide between right and wrong, determine what is for the betterment of…
Learning Team C, Assignment Week Three: Current Ethical Issue in Business Paper
Jackelyn Mota, Jessica Garcia, Kirk Jackson, Gustavo Puente, and Eddie Morales
July 9, 2012
Martin McDuffie, MHRM, PHR-CA
Learning Team Assignment Week Three: Current Ethical Issue in Business Paper
American Airlines, a major United States based air carrier put thousands of passenger and crew lives in danger by failing to maintain the proper Minimum Equipment List (MEL) when servicing two of their model MD-83…
Legal and ethical dilemmas
Examine the following real-world scenarios. Answer the questions at the end of each segment. After the last segment assess the overall situation.
1. You have just graduated with a major that is in high demand – BS in biotechnology and you are
knowledgeable about mapping the human genome. You have been offered a very attractive job with
a medium-sized firm. Your starting salary is at the current market wage for your major. A best friend
who works for the same firm…
This paper will study through some of the diverse ethical issues that can arise within group therapy sessions, such as conflict and confidentiality. While discussing the ethical issues within group counseling we will take note of how these ethical issues may differ and compare to the ethical issues of those within individual counseling sessions. This paper will also discuss reasons why a therapist might choose to lead a group…
Using valid peer-reviewed sources on the Internet, update any dated facts in this case with more current information. How do these new facts reflect the current ethical culture of the Red Cross?
According to the case study, the American Red Cross had seven different acting or permanent heads in the first decade of the 21st century. This "run-through" of CEOs at the America Red Cross ended when Gail McGovern joined the American Red Cross in April of 2008, and she has been in office since, making…
the next few years, however with these problems come ethical issues surrounding the research and its applications. Do the rewards outweigh the risks? Should any limits be placed upon genetic research?
The science of genetics has expanded rapidly within the last few years. Many ethical dilemmas have arisen with the advancement of the science. In this paper I will use three different areas of genetic research to demonstrate the ethical issues involved within the research of the science: human cloning…