Category: Business Ethics (Page 2 of 82)

Trainee Solicitor at Ulaws LLP: Case Study

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You are a trainee solicitor at Ulaws LLP, of 1 High Street, Cheston, CH4 1TS. You have received the attached email and documents from Simon Dexter, your supervisor. Carry out the instructions set out in Simon’s email.


To: [You]From: Simon Dexter (Simon.Dexter@ulaws.com)
Sent: 4 January 2021
Subject: Outdoor Dreams Limited (ref 15962.45)


Dear Trainee,
We have been instructed by Outdoor Dreams Limited (‘the Company’). The Company is a garden centre which has diversified into outdoor furniture, hot tubs and garden design. It has also enjoyed a lot of success by running classes in horticulture, garden design, flower arranging etc. A Company information sheet is attached as Document


A.
The Company has agreed to buy Celia Vickers’ business, Radagast Woodcarvery (‘RW’). Celia set up her business as a sole trader 5 years ago, offering wood carving tuition. The directors feel that RW will be a good fit with the Company’s existing operations. RW is valued at £150,000 and the Company will offer Celia 25,000 ordinary £1 shares (each worth £5) and 5,000 £5 cumulative non-participating 5% preference shares, in return for the business.

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Business Decision Making

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Question 1

Tolkien Transport is currently based in Leeds but has plans to expand its operations by setting up another depot in the south of England. The management team has identified four possible locations for the depot and these are listed in the decision matrix below. As a first step they have decided to use a multi-criteria analysis (MCA) to rank the options. After much discussion, the team have decided on three key criteria (Cost, Accessibility and Environmental Impact) against which to judge the options and have agreed on the ratings shown in the matrix, below (running from 4 for the best to 1 for worst under each criterion). The criteria have been weighted as follows: Cost (0.45), Accessibility (0.35) and Environmental Impact (0.2).

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Comparing Rama & Sita Stories

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Compare and contrast the two versions of the story of Rama and Sita: The Ramayana and Sita Sings the Blues. Don’t focus on superficial differences (number of scenes, editing of the scenes, etc.) but look at the key issues of men’s and women’s roles in relation to each other and in terms of society.

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How to Price Products

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What type of store would you consider starting? (coffee shop? pet shop? gift shop?) Describe it in about three sentences, detailing your type of inventory (products/services).

What things do you consider when setting a price for your products/services? Name at least TWO things to consider. (Your answers must parallel what you are studying/reading in the chapter.)

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Power Balance Between USA & China

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Are the US and China heading towards another Cold War? Or not? Will these two nations remain interdependent, or not? What is your informed opinion? how can we best stabilize the world? With a single hegemonic (dominant) superpower? With multilateral institutions (EU, UN, WTO, etc.)? Or with a “balance of power” between superpowers like we had in the Cold War — between the US and Soviet Union (1947-1991)?

Principles of Social Psychology

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Demonstrate your understanding of specific principles of social psychology and symbolic interaction by analyzing the Jane Elliot video clip, and describing in a few sentences (each) how the clip illustrates the following concepts: Social Status, Roles, In-Groups and Out-Groups and Social Institutions. Provide a brief definition of each of these concepts, followed by a specific example from the video clip.

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