I need a 100 worded response to this students post. Also need you to CITE your sources.This is the topic:
The tobacco companies have paid billions because of smoking-related illnesses. In particular, Philip Morris, a leading cigarette manufacturer, paid more than $3,000,000,000 in settlement payments in one year.
Suppose you are the chief financial officer (CFO) responsible for the financial statements of Philip Morris. What ethical issue would you face as you consider what to report in your company’s annual report about the cash payments? What is the ethical course of action for you to take in this situation?
What are some of the negative consequences to Philip Morris for not telling the truth? What are some of the negative consequences to Philip Morris for telling the truth?
Instructions: Your initial response should be no less than 250 words with at least one scholarly journal reference (dictionary-type websites are excluded). Reply to at least two of your classmates. Replies to classmates should be a minimum of 100 words and include direct questions. In-text citations and references must be in APA format. Refer to the Forum Grading Rubric below for additional guidelines.
This is the students post: Philip Morris is very important in the business world. Philip Morris pulled the wool over the whole world eyes about the harm related to smoking. The people who use the product knew about some of the risk of smoking. They length they went through to cover up the health and systematic conclusions. In the end it was best for the company to come clean about the truth the information that wasn’t given, and the money that was you to cover it up. Your ethics comes into play when you have to make decision that may go against your character. When the company held on to the information that is very important to people health that use the product your ethics and character comes into play. In order to save company money you put the people who use your product more risk. Their is always a negative outcome when you lie about people health and and the money you use to cover up that lie. Because of the falsefy document had a negative outcome in shareholders money and their reputation in the community. Ethics is your conscience decision.
Your post here:
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”
The post I need a 100 worded response to this students post appeared first on Superb Professors.