Management and Organizational Ethics Essay Example | Topics and Well Written Essays - 500 words

Management and Organizational Ethics - Essay Example This is ethically right regardless of its costs and consequences. Actually, BBC, (2012) records that, â€Å"Deontological (duty-based) ethics are concerned with what people do, not with the consequences of their actions.† However, this has not been easy for me subject to the temptations resulting from the convenience and money-saving aspect that comes with downloading music from the prohibited websites. Indeed, despite the knowledge of the adverse effects of such unethical behaviors am always under pressure to do it. However, am aware that if I adhere to my responsibility of obliging to the legal proclamation of music copyright owners and consequently buy CDs from legal stores and outlets, that way I would be adding more benefits to the music industry and securing my nation from terrorism (Dan, 2006). Nevertheless, more than often, I find myself collaborating with a crime to infringe on others efforts thus benefiting myself at their expense. Hence, after failing to establish an effective and consistent commitment to ethical behavior, I feel that I should re-evaluate my policy in order to overcome the challenges on my way. Indeed, Hardin (2006) reckons that â€Å"commitment requires action or series of action and will often lead to success.† As such, since my conscience convinces me that what I am doing is ethically wrong despite the inherent benefits that I derive from it, I must, therefore, redefine my policy to ensure that I strictly abide with the set rules governing the music industry. Most importantly, I know that peer pressure affects my pursuit in this endeavor since all my friends feel nothing about this unethical behavior (Dordrecht, 1992; Arrington, 2009). As such, for me to succeed I must change my friends or at least avoid them during leisure times and holidays. This will reduce the pressure to download such music as my friends usually do it as a hobby.

Global Finance Law question on ( Money Laundering & Terrorists Finance Essay

Global Finance Law question on ( Money Laundering & Terrorists Finance ) - Essay Example The money can be laundered by using various methods that are usually varied and can also range in the sophistication from the simple processes to the complex ones. The government usually has lots of problems when combating the crime of money laundering. It has no association with the drama that is involved in the cases of robbery or any kind of fear that that is imprinted on the people’s physic through the violent crimes. However, money laundering usually takes place after a predicate crime that can be a house robbery, a housebreaking or a drug dealing that takes place at a particular place. It is usually perceived to be an invisible problem due to the lack of information about the money laundering that is available to the people on streets, hence making it more difficult to tackle and deal with by everyone who is affected by it in one way or the other. When money laundering is done successfully, it allows the criminals of the society to maintain their control over the proceed ings and also ultimately provides them a legitimate cover over their sources of income. It plays a fundamental role and facilitates the activities and the ambitions of the drug traffickers, the terrorists, the insider dealers, the organized criminals, the people involved in the tax evasion along with many others who seek to avoid particular attentions from various people. The people who are not involved directly but do it by being involved in one way or the other are benefitted from money laundering. It hides their work from the authorities and the work they have done as a reason for their sudden increase in wealth in a short span of time which comes from the illegal activities they are involved in for most of their time. The engagement of people in these activities makes sure that it works according to their hopes in order to place the proceeds beyond the reach of any restrictions laid by the authorities or the reach of any of the asset forfeiture laws. Money laundering can be look ed upon by taking in different situations to make the study more complex: Classic Money Laundering A person who has an illicit income is believed to be involved in classing money laundering. This person is usually a drug dealer, a jewel thief or a conman. Such a person is usually worried about that he will have to suffer from the Al Capone treatment and will be convicted of the tax evasion even if the government does not put any kind of the underlying criminal activity on the person in the given situations. Modern Money Laundering The other way in which a person can get involved in the money laundering process is when a person has some big lump of cash that a person makes sure that it is not known to other people in the neighborhood in the society. Most of the times, this is an effort to keep the income hidden from the income tax department people. The other goal that is associated is to make sure that the money keeps coming without the attention of any other person in the society w ho might claim their authority or their part on the money that is involved. For this kind of money laundering, the focus is on making the money disappear from the notice of other people. A person is usually tended to use the facilities of foreign banks and other shell companies so that all their money can be kept hidden and their work goes on without notice. Disappearing the Money The easiest and the quickest way of disappearing money for a person, especially when it is in the form of cash is to stash it in the