Anew york times article about bernie madoff and his illegal ponzi scheme stated, "when money goes global, fraud does too." although the goal of investors who trusted madoff's investment company was to earn the highest return possible on their investments, they turned a blind eye toward the fact that some of those returns were too good to be true. individual investors, companies, and even charities lost large sums of money by investing with madoff's company. which of the following statements relates to this story
a. the unethical behavior of one company had a worldwide ripple effect that can impact the well being of an economy. b. too much regulation caused the capitalistic nature of mr. madoff's business model to fail. c. people lost money because of the fluctuations in world trading currencies, questioning the legitimacy of trading abroad. d. investors did not sign contracts with mr. madoff's company. the government can only protect individuals and companies who sign enforceable contracts.

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?