Business Ethics and “War and Peace”

These are just discussion no more than about 350 words and the respond can be less.

Question A

Business Ethics and Ethical Reasoning

Describe an action a regulatory agency took against a business in the past 6 months. Post a link to your source. Do you agree or disagree with the action? Explain your reasoning and support it with the materials from this week.

Respond to at least one of your fellow classmates. Do you agree with their position? State at least one reason why or why not. Describe the effect the regulatory agency they have referenced has on the business environment.

STUDENT POST – RESPOND TO THIS

Recently, The Consumer Financial Protection Bureau fined Experian; one of the largest credit reporting agency $3 million dollar for selling mis-leading credit scores to consumers. Experian was accused of selling scores that were significantly different from what creditors actually used when making credit decisions. For example, a consumer would purchase a credit report with score directly form Experian and the score is 620, which is considered fair, but when they go and apply for credit the score that is returned is 496, which is considerably lower and puts them in a completely different category which bad and high risk.

I do agree with this fine, because it is mis-leading to consumers. Experian should have made it clear to the public that what they were purchasing was not what a creditor would use to determine credit worthiness.

http://www.latimes.com/business/la-fi-cfpb-experia…

Question B

War and Peace” Please respond to the following:

Discuss substantive ways in which armed conflict can contribute to or distract a developing economy and infrastructure. Analyze specific reasons why developed nations do not experience the same kinds of social upheaval. Note: Consider discussing a country you will use for Assignment 1 next week. Brazil

 
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