Assignment 2 Revision Flashcards
(18 cards)
The Foreign Corrupt Practices Act (FCPA) allows a bribe to be made under what conditions? Explain, and provide an example.
A bribe is not a crime if payment was made under lawful under the laws of a foreign country in which it was paid.
A bribe in a form of a gift must be declared in order for it to be allowed in a foreign country.
Read the case, “SAP found in violation of FCPA” in your prescribed book on pages 78-79 and answer critical thinking questions that follow.
Discuss
Do you think that the penalty for violation of the internal control provision and the books and records provision of the FCPA is stiff enough to motivate companies to implement systems capable of detecting bribes? Is it possible that some organizations tolerate lax internal control so managers have as much freedom as possible in running their business? What changes, if any, would you suggest to the FCPA?
Discuss
When an organization implements a major accounting software package, it also inherits the system of internal control that is built into the software—good, bad, or indifferent. What can be done if it is discovered, months after the software has been purchased and installed, that the software is lacking in good internal control?
Discuss
IT workers have a key role in designing and implementing the internal controls associated with systems that automate the processing of business transactions, such as the payment of suppliers, employees, and business partners and the receipt of payments from customers. What can IT workers do to prepare themselves for this responsibility? Who should the IT workers collaborate with when evaluating or designing the automated internal controls of a computer-based information system?
Discuss
What is predictive coding? How is it different from doing key word searches on documents? What are the key issues to weigh when considering use of predictive coding?
A term used to describe the document that predicts a list of related words relatively to the words typed by the user. There are two key issues raised in predictive coding the first one is are attorneys still able to meet their legal obligations to conduct reseanable search for pertinent documents using predictive coding language. Secondly is how can counsel safeguard attorney-client privilege if a privileged document is uncovered?
Do you think that law enforcement agencies should be able to use advanced surveillance cameras and data from vehicle data recorders in a court of law? Why or why not?
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Explain the concept that an idea cannot be copyrighted, but the expression of an idea can be, and why this distinction is key to understanding copyright protection.
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Read the case, “Target Hires Key Executive Away from Amazon” in your prescribed book on pages 255-257 and answer critical thinking questions that follow.
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Do you believe that this case met the three – factor test of the state of Washington to enforce the noncompete clause of Valdez’s contract? Why or why not?
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What settlement terms do you think would be fair to both Target and Amazon?
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Do noncompete clauses in employment contracts encourage or discourage innovation? Explain your answer.
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What do you see as the role of robotics over the next decade? What is your most optimistic outlook? What is your most pessimistic outlook?
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The development and use of new medical technology has increased healthcare spending. Should the medical industry place more emphasis on using older medical technologies and containing medical costs, or should the strategy be to use the latest and greatest technology available? Explain your answer.
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What are some of the issues and concerns associated with the expanded use of telemedicine?
Must the physicians providing advice to patients at a remote location be
licensed to perform medicine in that location—perhaps a different state or
country?
Must a healthcare system be required to possess a license from a state in
which it has a “virtual” facility, such as a video conferencing room?
Will the various states require some form of assurance that minimum technological
standards (such as the minimum resolution of network-transmitted
images) are being met?
What sort of system certification and verification is necessary to ensure that
a critical system performs as expected in crises situations, and what are the
ramifications if it does not?
What responsibility does an organization have to ensure that its suppliers and business partners behave ethically? To whom is this responsibility owed?
Case study
How can an organization monitor the business practices of its suppliers and business partners to determine if they are behaving in an ethical manner?
Case study
Is it good business practice to refuse to do business with a supplier who provides good quality materials at a low cost but who behaves in an unethical manner? How can senior management justify its decision to do business instead with a supplier who provides lower quality or higher-priced materials but behaves in an ethical manner?
Case study
