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At the end of each Reading or Case,there will be a section titled“Questions”.Provide responses to the questions listed.Responses for reach question should be well-developed.Some questions require...

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At the end of each Reading or Case,there will be a section titled“Questions”.Provide responses to the questions listed.Responses for reach question should be well-developed.Some questions require longer answers than others.Please provide at least one sentence(not a one-word answer)to more basic questions.For more complex questions,think in terms of a well-organized paragraph as a good rule of thumb.My main concern is your analysis presented and the application of what you have learned from the reading to those situations,and not so much the volume of writing in response.Think through the situations and share your thoughts.Feel free to share any questions you have via email.When evaluating each question/scenario,please consider who is impacted by the decision,what are the costs/benefits of the decision for each of those people impacted,and how the decision may align with your personal values.

  • Thinking Critically6.1 Ponzi Schemes (Questions XXXXXXXXXXprint text pp XXXXXXXXXX;etextat the very end of Chapter 6)
  • Thinking Critically6.3 “Off-Label” Marketing (Questions1, 3, and 4 Only) - (print text pp XXXXXXXXXX;etextat the very end of Chapter 6)

Please submit your response in a paper format (title page, content, and Reference page, double-spaced, size 12 Times New Roman font).

Answered Same Day Jul 26, 2021

Solution

Perla answered on Jul 27 2021
134 Votes
Discussion: Ponzi scheme
1. Money and ethics are independent of each other. Whether possessing money or looking for success as a starter does not make any difference in the context of ethics. I
espective of position and economic status, ethics mean same and there is need for business ethics for every one (Cross, 2020).
2. Ponzi scheme is contained in luring investors with heavy and incredible returns in short time. Further they will be disappointed as they are safe and definite returns. In Ponzi scheme investors are falsely lured that they will get more than 50% returns in around 90 days by investing in the company, which will use the same for purchase of IRCs and sell the same in other country for making profit. Investors invested heavily in the Ponzi company, at the starting itself, as high as $1M collected in a single day. However the actual investment is not converted for business operations, rather the new customer’s investment is paid for those old customers who wanted to turn-off and by doing so, the scheme continued. However by the end, investors lost trust after revealing the facts and fraud ended with jailing the owners.
3. SEC has failed in enforcing the deregulatory climate that pervaded the government since 1980s. There are several crucial parts of the regulation which established to protect the investors and the markets were simply dismantled which led to the success of several security firms like Madoff scheme. SEC neither detected nor stopped the abuse, resulting in billions of dollars of loss by...
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