MGM101H5 Lecture Notes - Lecture 6: Ethical Decision, Transaction Cost, Ponzi Scheme

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24 Oct 2013
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MGM101H5 Full Course Notes
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Article: ontario liberals" gas-plant cancellations cost -billion: auditor. Issue - cancel the two plants and build another one. Other issues related (it"s not just business related) - the decision was made during election campaign. They didn"t want the plants made so they"re not going to vote. Liberals want to ensure their positions (candidates will definitely get voted if they cancel the plants) If they lost their seat, there is a chance that they won"t be selected anymore. We need facilities that will catch our garbage but nobody wants them in their neighbourhood. The properties in the area will drop values (financial impact) Liberals promise certain things, but when they get in power, they cancel and say sorry It is usually the society pay when authorities make decisions. Second article: walmart to skip discussion on compensation for bangladesh factory victims. Should walmart be responsible for the companies that supply them? (ex.

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