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Subject: Economics    / Accounting

Question #2 (10 points)
For the following scenarios, circle whether you think it would be optimal for the firm to acquireits inputs using a spot market, contract, or vertical integration, and briefly (1-2 sentences)explain why.

a) You are manufacturing a product that requires a motor with a non-standard design. The specifications are, however, straightforward write out.

Circle One: Spot Market / Contract / Vertical Integration

b) You’re a home builder, and you require a large number of nails for construction.

Circle one: Spot Market / Contract / Vertical Integration

c) You require a specialized part for your production process, but the requirements of thepart are expected to change frequently. This would mean costly renegotiation of any contracts you have with the part supplier.

Circle One: Spot Market / Contract / Vertical Integration

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The text this comes from is

Timmons, M. Disputed Moral Issues: A Reader, 4th Edition, Oxford University Press.

In a paragraph (150 words minimum), please respond to the following questions:

Of the seven moral theories discussed in Chapter 1, which one do you consider to be the mostcompelling, and why?
Which of the seven moral theories do you consider to be the least compelling, and why?

Discussion 2

In a paragraph (150 words minimum), please respond to the following question:

Explain John Stuart Mill’s theory of higher and lower pleasures: Are there any problems inherent in the theory?
Overall, does Mill’s idea of higher and lower pleasures make sense to you? Why or why not?

Discussion 3

In a paragraph (150 words minimum), please respond to ONE of the following questions:

After reading the Gill essay, Discuss the logical point made by some opponents of PAS that it is impossible to be better off dead than alive. Even if the logical argument were sound, are there other reasons to claim that suicide for a terminally ill patient is morally justified?
What worries does Velleman raise about appeals to dignity and autonomy in arguments over euthanasia? Do you agree or disagree with him on this issue? Why or why not?

Discussion 4

In a paragraph (150 words minimum), please respond to the following questions:

Leopold suggests that economics should not be our only concern when it comes to the use of land. To what extent should economic considerations play a part in our treatment of nature and the environment?
Are there any situations in which economic concerns might trump environmental ones? If so, could you give an example?

Discussion 5

In a paragraph (150 words minimum), please respond to the following questions:

Do you relate more to the abolitionist or the retentionist position?
What do you see as the two strongest supporting arguments for your position, and why?

Discussion 6

In a paragraph (150 words minimum), please respond to the following questions:

Prior to reading the text, how would you have defined terrorism?
What is your understanding of terrorism now?
How would you account for the huge amount of terrorism in the 20th and 21st centuries?
What do you see as the ethically proper response to acts of terror?

Discussion 7

In a paragraph (150 words minimum), please respond to ONE of the following questions:

What do people spend money on that they either don’t need or rarely use other than those things mentioned by Singer? What things might people be most easily convinced to do without, and why?
Consider and discuss whether the Kantian argument for helping the vulnerable is more or less convincing than the traditional utilitarian arguments. What kinds of arguments would be the most likely to persuade people to help those in need?
Does Peter Singer’s greatest moral evil rule require that persons act in heroic ways or go above and beyond the call of duty as Arthur suggests? Explain your answer.

Discussion 8

In a paragraph (150 words minimum), please respond to ONE of the following questions:

Macedo distinguishes two possible ways, which he labels “humanitarian assistance” and “distributive justice,” of seeking to improve the condition of the poor. Explain these two approaches to assisting the poor. Do you agree or disagree with them? Why or why not?
Why does Macedo claim that cosmopolitan distributive justice “makes no sense”? Do you agree or disagree with him on this question?

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Assignment 1: Discussion—Applying Systems Thinking Organizations are rarely composed of just a single person or a single organization that functions without interacting with other people or organizations. There are many components or parts in an organization’s make-up, each contributing to the overall functioning of the organization and its behavior. If all the parts are working well, the organization operates efficiently. However, if one part stops functioning, this affects all the other parts and the overall organization. Though other parts may be able to compensate for the nonfunctioning part so that the organization continues to function, efficiency is lowered. Organizations have both internal and external parts—such as stakeholders. The challenges of nonfunctioning stakeholders can be internal, external, or both. Consider the aforementioned aspects, and using the module readings and the Argosy University online library resources, research the application of systems theory to organizations and their stakeholders.

Then, respond to the following:

•How does systems thinking apply to an organization’s culture, goals, and structures?
•How are the stakeholders of an organization interconnected and interrelated? Integrate various types of systems, such as open and closed systems, that might be present in organizations in your answer.
Give reasons and examples, supported with appropriate academic literature, when developing your responses. Be sure to cite to APA writing standards for paraphrases and direct quotes.
By the due date assigned, post your response to the appropriate Discussion Area. Through the end of the week, review and comment on at least two peers’ responses.

Write your initial response in 300–500 words.

Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

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Sceniaro

William Montgomery Gardner III (WG) is the owner of Gardner Novelties, Inc., a large family business that designs and manufactures specialty items for sale at roadside restaurants around the country. The company has over 2,500 employees in 13 locations around the world. They have recently begun to outsource a lot of their manufacturing to China, Mexico and India. In spite of a bad economy, WG has been able to consistently grow the company’s revenues at a rate of over 10% per year over the last ten years. As a result, WG has decided to take the company public. The Initial Public Offering (IPO) is scheduled to take place next month.

WG calls you, Joseph K. Barnes (JB) into his office. You have been in charge of all Information Technology services for the company for the past 17 years. You have a staff of 12 direct reports in your department, of which 6 are located in the company headquarters office with you. Since the items being manufactured are not technical in nature, there has never been a lot of emphasis placed on protecting proprietary data in the corporate network. Most of your time is spent dealing with service calls and Internet disruptions, maintaining the firewall, and uploading software patches.

WG tells you of the plans for the company. You try to act surprised, but the rumor has been floating around the company for months now so it is anything but a surprise. You are a little alarmed by the fact that the IPO is planned for next month, however.

WG explains that once the IPO takes place, they will need to have everything in place to be in compliance with Sarbanes-Oxley. WG asks if you are familiar with Section 404 of SOX.

You struggle to find the right words. You’ve heard of Section 404 from friends and colleagues who have had to deal with it for years now, but you never though it was something you needed to know. You mention that you know Section 404 deals with management’s assessment of internal controls, and that the IT network will need to have some controls put in place.

WG tells you he needs a plan from you in one week on how to get the IT system in compliance with SOX. You will need to make a presentation to the Executive Committee (ExCom) on your plan. The ExCom will consist of, among others, WG, the COO, VP of Human Resources, and the CFO of the company. WG warns you not to let him down…there is a lot riding on this IPO and the investors and analysts want to know that the company will be in compliance with SOX.

JB walks out of the meeting and his head is spinning. He has one week to develop a plan to bring the company’s entire IT system into compliance with SOX. How is he supposed to do that? He decides that the first course of action will be to call a friend, Robert Rodes (RR), who works for a publicly-traded company. Maybe he can help point JB in the right direction.

Role

You will play the role of Joseph Barnes. Barnes has been with Gardner Novelties for 15 years and is the Chief Information Officer, a position he has help for over 7 years. His primary job responsibilities have been maintaining the firewall, patching software, virus removal and other similar duties. Barnes has a basic understanding of the requirements mandated by the Sarbanes-Oxley Act, but is not that familiar with COBIT.

Assignment

Read the You Decide scenario and decide on a response. Your goal is to identify the critical issues in the scenario and determine how you would resolve. Write a 3 to 4 page paper that addresses the following issues:

Explain your plan for implementing COBIT for Gardner Novelties. Your plan should include a discussion of the following elements:
What will Gardner Novelties be required to do with IT to remain in compliance with SOX?
What is COBIT and how can it help keep Gardner Novelties in compliance with SOX?
What are the benefits of using COBIT as opposed to other control frameworks?
What questions would you expect to receive from the Executive Committee of Gardner Novelties? Identify two questions that you could be asked and address how you would answer them.

Please provide at least 4 references using APA formating

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