Comprehensive Case Study: Contemporary Themes - Ethical & Legal Issues

Verified

Added on  2024/05/23

|10
|2773
|283
Case Study
AI Summary
This case study solution addresses several contemporary themes in a business context. It begins by analyzing ethical dilemmas, specifically focusing on a charitable organization's decision-making process regarding a bowel cancer awareness campaign, emphasizing the importance of transparency and ethical fundraising. The study then shifts to market research for a new Romanian food store in Ilford, covering market segmentation, primary and secondary research methods, and ethical considerations in data collection. Further, it explores the significance of diversity and equality in the workplace, particularly in the context of the new restaurant, highlighting the benefits of diversity policies and actions against discrimination. The study also examines a criminal law scenario involving a fraud case, outlining the suspect's rights under UK law and providing advice on police interviews. Finally, it delves into accounting models, addressing the financial challenges faced by a newly opened gym, defining key elements like assets, liabilities, expenses, and gains, and offering suggestions for improving cash flow. This document is available on Desklib, a platform offering a wealth of study resources for students.
Document Page
Contemporary Themes
AS3 Case Study
Student (LON) number:
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Ethical Dilemmas (400 words)
What are ethics?
Business ethics is the examining of correct business policies and practices related to
competent contradictory issues that include insider trading, discrimination, corporate
social governance, bribes, fiduciary obligations and corporate social responsibility
(Crane and Matten, 2016). Hence, business ethics are important in every aspect of
business operations whether it is the individual or organisational misconduct.
What is an ethical dilemma?
It is the circumstances in which the person has to select one of the best alternatives
among the two alternatives that are unfavourable. In business when ethical dilemma
arises it is significantly noticed that it cannot be solved through the moral and ethical
way. In the existing case scenario, the dilemma for the charitable organisation
manager is whether to conduct the campaign on bowel cancer for bringing
awareness or not to conduct campaign in every 2 months as it is quite expensive.
Solve the case study dilemma
It is the known fact that charitable organisation runs their business for giving the
welfare to the society rather than focuses on earning the profits. Thus from analysing
the scenario, I have understood and suggest to the charitable manager to carry out
the campaign process in period of 2 months so as to bring awareness on the disease
of bowel cancer. The dilemma can be resolved in the ethical and trusty way by
explaining the situation to the donors or fund providers so that funds can be
arranged in the honest manner for carrying out the campaign programs (Shaw and
Barry, 2015). It will support the individuals from preventing the disease of cancer
which is also recognised as untreatable.
Good ethical standards for the society can easily support the charity organisation to
raise the funds. Moreover, many of the charity trust easily get the grants and subsidy
from the government especially in context with the awareness programs. Thus, it is
the moral dilemma that organisation can solve in ethical manner by following the
ethical fundamentals and meeting with the trust of common public. The fund
Workshop Booklet: Contemporary Themes 2016-17 Page 1
Document Page
arrangement can be done in the ethical way by receiving the public loyalty and trust
relation.
Moreover, in considering the case scenario, the managers can also concentrates on
giving the clarity in fund arranging practices that also support in building trust and
meeting implementation criteria of the campaigns (Werhane, 2014). Further if the
charitable trust cannot meet the trust or fails to arrange the funds from donors due to
any reason that will directly impacts the trust revenue. Hence, transparency in
relations is to be maintained to solve the dilemma.
Market Research (400 words)
Market research in the given scenario is carried out to introduce the new branch of
Romanian Food Stores in Ilford.
Type, location and market segment
Romanian food stores are expertise in Romanian cuisine which is the perfect blend
of diverse dishes from various traditions that brings connection but along with that it
also manages its original character. Its category involves the huge range of soups
with sour taste characteristics. The location of the Romanian Cuisine based on
Romanian food stores must be presented centrally in the city that is convenient and
visible to every travelers and local visitors (Davis et.al. 2018). Marketer can even
choose the place in Ilford where maximum Romanian food market or stores are
presented as it would be the place where maximum Romanian food lovers already
visit.
The other thing to remember is good parking facility as well to avoid any
consequences. The market segment for the new Romanian cuisine is based on
demographic factor that includes age of the genders i.e. 15-40 years which comes in
the major population of Ilford. Further, the main target for the Romanian food stores
is travelers visiting Ilford.
Market Research Methods
Workshop Booklet: Contemporary Themes 2016-17 Page 2
Document Page
Primary research methods: Primary research supports in getting first hand
information by using the questionnaire surveys to be filled by the potential
customers. Random sampling technique can be used for drawing the sample in
common so that questions can related to the taste of cuisine and further
development needed. For feedback collection also questionnaire survey is fruitful
(Hair Jr et.al. 2015). Romanian Cuisine circulates the form of feedback at the billing
time of the customers that includes several points such as
Personal details: age, gender, income etc.
How do you aware about the Romanian cuisine?
How many times you have come to the Romanian Food stores?
What is the most attractive thing you seen in the Cuisine?
About the Romanian foods give your perspectives?
Secondary research method: In this information is collected through online web
articles, books and journals related to the Romanian food stores and cuisines
(Heasman and Lang, 2015). For the introduction of the cuisine, marketers carry the
research already from the collected database from the primary research. It is cost
effective and quick responsive method.
Ethical Concerns related market research
Using code of ethical standards and carrying out questionnaire activity in their
free time and with permissions.
Participants were not forced to answer any questions and personal
information collected is kept confidential according to the relevant Data
Protection Act 1998 of UK.
Biasness is taken care of.
Equality and Diversity (400 words)
Diversity and equality overview
Workshop Booklet: Contemporary Themes 2016-17 Page 3
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
UK employment laws are greatly concentrated towards the elimination of
indiscrimination that relates to sex, caste, genders etc. The law supports in offering
equal opportunity to every gender, caste or religion which are diverse on the basis of
their skills and professions that brings business efficiencies (Thompson, 2016).
While diversity gives people reorganization from various types of culture that are
dependent on several factors.
Importance of diversity on today’s changing Britain
According to analysis of statistical data, Britain has become one of the most ethical
and diverse with less segmentation. UK government in this context carries out
various steps to encourage the immigrated citizens to get benefit from their
knowledge and skills of distinct culture. Britain regarded as multi-culture country that
collaborate diverse cultures, ethnics and minorities as well. More importance is
placed on diversity rather than indiscrimination in UK to gain the benefits of skilled
employees of different countries to earn more profits.
Benefits of diversity policies
In considering the case study of Ilford for new Romanian Food stores brand, diversity
and its policies would have an important role. Policies supports in giving the
guidance and solving the issues that relates to shortage of employees by inviting
recruitment of candidate from any country just to enjoy the benefit of skilled resource
along with good marketing practices by the candidate as well. Innovation dishes and
brand value is also enhanced and encouraged from the diversity policy for new
cuisine (Barak, 2016).
Actions and benefits for focusing on area of discrimination
In the current scenario, the new branch of Romanian Food Stores at Ilford that
serves Romanian cuisine is highly concentrated on indiscrimination free
environment. The store will offer timely training to the employees on subject of
diversity, issues involved and how it can be removed by giving more respect to every
culture and employee. The policies review on daily basis is also done to ensure
usefulness. The advantages are listed below:
Workshop Booklet: Contemporary Themes 2016-17 Page 4
Document Page
Productivity increases
Good working culture
More employees’ participation
Employer and employees shows effective relation
Steps to ensure Equality and Diversity Laws
Equality Act 2010 and Human Protection Acts 1998 have been examined and the
employees are trained in this context as well. Absence of indiscrimination is only
possible through respective policies given in the respective laws (Manthorpe and
Moriarty, 2014). Employee had been given the right to protest against any wrongful
actions taken by employer in the workplace.
Criminal Law (400 words)
In the current scenario, Lu Yin is alleged in fraud case of credit card but enough
evidences are not presented to charge the suspect.
Provide an explanation what rights Lu Yin has under UK law
If the suspect would have determined to guilty then the same is charged under The
Fraud Act 2006 that explains about the dishonesty and fraud cases. The act defines
the fraud classes that encompass disclosing wrong information, position misuse and
fraud representation. The act is especially laid down for England, Wales and North
Ireland as these cities involved great crimes (Stephen, 2014).
Advise Lu Yin on what she should do when police interview her
It is suggested to Lu Yin to keep quiet till her solicitor comes. According to the right
given in law, she asked for the solicitor that fights and answer asked by the police in
her case. For record keeping, Lu Yin can answer the questions related to the
personal details such as family background, name and age etc. she also has right to
ask for the evidence to find suspicious in case of credit card fraud prior to
interrogation conducted on her. But asking for the evidence must be in polite manner
so that case did not turn into complexity. Moreover, as per the laws of UK, every
investigation with the suspect is recorded and documented therefore the answers
Workshop Booklet: Contemporary Themes 2016-17 Page 5
Document Page
given by Lu Yin must be well communicated and supportive that it belongs to strong
positive family background (Kadish et.al. 2016).
Justification for this advice
It is being justified that to pretend own good image it is essential to act in polite
manner in front of the police. The next advice given to Lu Yin is to stay quiet till the
solicitor arrives in interrogation process. The reason for this is that police can speak
out even bad language to make her feel that she should be guilty for her misconduct.
Thus it is good to speak that I don’t want to say a word when police interrogation
takes place. Hence, it is recommended to police that at prior to interrogation they
have the right to hire the solicitor even at free cost.
Other cases to support the recommendation
As per the recent case in UK, criminal was found to be guilty for his misconduct and
he did not have knowledge about the right to hire solicitor. At that time
documentation and recording were hold to be invalid by the court because the police
did not give any information to the suspect about the right he has with him.
Accounting Models (400 words)
In the given scenario, issues related to accountancy are faced by the KO gym which
is opened recently. For reducing the complication in making bookkeeping, she hired
the accounting manager. Several elements that include asset and liabilities are
necessary under analysis.
Assets: it is the financial resources of the gym which can be sold at its depreciated
value after completion of its life cycle. There are several elements such as fixed
machineries and equipments, weights and vests purchased from the suppliers
(MITCHELL and NØRREKLIT, 2017). It can be sold whenever Lisa feels that
business is not working although the gym has to face the loss in selling these assets.
Liabilities: It is the obligation which the owner has to pay if they have purchased
assets in installments or payments to suppliers etc.
Workshop Booklet: Contemporary Themes 2016-17 Page 6
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Expenses: For the effective operation of the gym, it is necessary for the Lisa to incur
some of the regular monthly or daily expenses. These expenses include monthly
rent, salary of the trainer, regular maintenance of equipments and income tax
expenses as well (Biddle et.al. 2016).
Gains: it is the profit that are required to be earned by the gym so that effective
liabilities and expenses can be paid off and the balance can be taken as personal
incomes of the owners in case Lisa. She earned income through gym fees, sale of
medicated products such as proteins etc, distill water and highly brand gym vests.
Suggestions and Causes for her cash flow issues
In the current case study, main recommendations for management of cash flows are:
Offering high credit period to the customer, in this case credit period should
be reduced so that risk of bad debts can be reduced and customers will also
be motivated by this.
Limited stock must be maintained only on demand from the clients so that
spare space can be left. With this unnecessary fund blockage will be reduced
and in spare space boxing equipments can be kept to generate the income by
selling them (Sorrentino and Smarra, 2015).
Theft can be reduced only when installation of camera’s are done especially
in the weight rooms.
Online payment of rent should be done every month to the place owner rather
than quarterly. This will reduce the heavy obligation of rent in three months.
Further cash flow will also be easily managed.
Workshop Booklet: Contemporary Themes 2016-17 Page 7
Document Page
References
Books and Journals
Barak, M.E.M., 2016. Managing diversity: Toward a globally inclusive
workplace. Sage Publications.
Biddle, G.C., Ma, M.L. and Song, F.M., 2016. Accounting conservatism and
bankruptcy risk.
Crane, A. and Matten, D., 2016. Business ethics: Managing corporate
citizenship and sustainability in the age of globalization. Oxford University
Press.
Davis, B., Lockwood, A., Alcott, P. and Pantelidis, I.S., 2018. Food and
beverage management. Routledge.
Hair Jr, J.F., Wolfinbarger, M., Money, A.H., Samouel, P. and Page, M.J.,
2015. Essentials of business research methods. Routledge.
Heasman, M. and Lang, T., 2015. Food wars: the global battle for mouths,
minds and markets. Routledge.
Kadish, S.H., Schulhofer, S.J. and Barkow, R.E., 2016. Criminal law and its
processes: cases and materials. Wolters Kluwer Law & Business.
Manthorpe, J. and Moriarty, J., 2014. Examining day centre provision for older
people in the UK using the Equality Act 2010: findings of a scoping
review. Health & social care in the community, 22(4), pp.352-360.
MITCHELL, F. and NØRREKLIT, H., 2017. Introduction. In A Philosophy of
Management Accounting (pp. 15-34). Routledge.
Workshop Booklet: Contemporary Themes 2016-17 Page 8
Document Page
Shaw, W.H. and Barry, V., 2015. Moral issues in business. Cengage
Learning.
Sorrentino, M. and Smarra, M., 2015. The Term “Business Model” in Financial
Reporting: Does It Need a Proper Definition?. Open Journal of
Accounting, 4(02), p.11.
Stephen, J.F., 2014. A history of the criminal law of England(Vol. 2).
Cambridge University Press.
Thompson, N., 2016. Anti-discriminatory practice: Equality, diversity and
social justice. Palgrave Macmillan.
Werhane, P.H., 2014. Moral imagination. John Wiley & Sons, Ltd.
Workshop Booklet: Contemporary Themes 2016-17 Page 9
chevron_up_icon
1 out of 10
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]