we have cyber laws in India through which can take appropriate action in above cases
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Some ex-employees of BPO arm of MPhasiS Ltd MsourcE defrauded US Customers of Citibank to the tune of Rs 1.5 crores. Similarly Sony India Private Ltd, which runs a website called www.sony-sambandh.com, targeting Non-Resident Indians , to send Sony products to their friends and relatives in India after they pay for it online has also lodged a complaint about online cheating through their website.
Do you agree that we have cyber laws in India through which can take appropriate action in above cases. Justify your answer.
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- In late September 2015, Volkswagen found itself in the midst of a firestorm. The company, which captures 70 percent of the U.S. diesel-powered passenger-car market, was caught cheating on diesel emissions tests. Over the past many years, Volkswagen had installed software on more than half a million diesel cars in the United States—and roughly 10.5 million more worldwide—that detected when the cars were undergoing emissions tests and triggered so-called “defeat devices” that temporarily switched operating modes and allowed them to pass the tests. VW diesel autos were found to actually be emitting up to 40 times the allowable levels of nitrogen oxide pollutants. Volkswagen has long pitched its diesel cars as efficient, nonpolluting vehicles. But in 2008, when U.S. rules on diesel exhaust became stricter, VW faced difficulties meeting the new standards and living up to its “clean diesel” advertising promises and image. So, under competitive pressures, it covertly installed the secret…GSK recognizes that commercial pressures and complex regulatory environments can present employees with difficult ethical situations. GSK provides guidance and support for them backed by rigorous auditing and action if misconduct is identified. The company’s code of conduct promotes honest and ethical conduct by setting out the standards to be followed by GSK’s employees in their everyday work for the company. The code is communicated both within and outside the company. A separate publication, ‘‘The Employee guide to Business conduct’’, helps employees to understand the meaning of code in practice and its acceptable and unacceptable behavior. Managers are required to set an example and ensure that all their staff receives guidance, training and supervision on ethical behavior and legal compliance relevant to their jobs. Senior managers formally certify their adherence to the code and other GSK policies and standards. GSK has audit systems to help identify and deal with cases of…Case Coca-Cola, the world's largest carbonated beverages company, ventured into the fast growing bottled water industry. The company launched its bottled water brand - Dasani in the US in 1999. Once it became a success in the domestic market, Coca-Cola launched Dasani in the UK in February 2004. However, Dasani soon ran into controversies as the British media wrote that tap water was the source of Dasani. The media criticized Coca-Cola for misleading public by describing tap water as 'pure' and cheating them by selling it at highly inflated price. The explanations given by the company that it adopted the most sophisticated purification process before bottling the water did not convince the critics. To further add to Coca-Cola's problems, regular inspections conducted by the company revealed that something went wTong at the Dasani's purification factory and a bad batch of minerals contaminated the bottled water containing potentially carcinogenic (capable of causing cancer) bromate.…
- Which statement is true regarding the risk of Politically exposed persons (PEPs)? PEPs provides access to third parties on whom the financial institution has not conducted sufficient due diligence PEPs have significantly greater exposure to the politically corrupt funds,, including accepting bribes or misappropriating government funds PEPs are foreign customers who inherently present additional risk as they are engaged in cross border transctions PEPs generally do not pose enhance risks to an institution due to their political standing; rather, PEPs increase prestige of an institutionUse the Kantian Ethical theory to advise the fraudster on why he should never have used Zama and the company as a means to his own selfish end.Briefly explain the following categories of Corporate Crimes: Crime resulting in Physical harm Economic Corporate Crime Manipulation of Security Market Stealing Trade Secret 5.Corporate Bribery
- 1. Altruistic is the highest form of CSR. a. True b. False 2. Philippine Government creates different Laws and ordinances to curb corruption through Legislation example of this is Republic Act 4500 Anti-Red Tape a. . True b. FalseHow did the US Justice Department learn about Chiquita’s payments to illegal groups in Colombia? A private company cable was discovered by US investigators Colombian politicians filed a complaint A competitor spilled the beans The company came forward and admitted it In the film “The Curse of Inca Gold,” Newmont executive Larry Kurlander is caught on tape telling Peruvian intelligence chief Vladamiro Montesinos that he wants a ______ $1 million kickback deposited into his Swiss bank account friend for life guarantee that the government will suppress protests at the Yanacocha mine guarantee that the government will award Newmont and its partners a $1 billion mining concession Why would a manufacturing firm prefer to execute a green-field investment instead of acquiring an existing asset in a foreign country? Because green-field investments are typically less costly to execute Because green-field investments are typically less risky Because green-field investments are…Google and China Google ended itssearch product in China in 2010 and is effectively blocked in the country. However,a report emerged last year that the search giant was looking to launch a censored version of itssearch app in China. The initiative, which the company acknowledged publicly, was in its earlystages. In China, all internet services are required to censor information which the governmentdeems sensitive.However, Vice President for Government Affairs and Public Policy at the company, Karan Bhatia,said this week that Google had abandoned plans for “Project Dragonfly,” the name of its Chinasearch product initiative.So right now, Google is still blocked in China and can only be accessed via a virtual private network(VPN), which helps mask a user’s internet location.Source: Adapted from Kharpal, A. 2019. Google has been accused of working with China. Here’swhat they’ve been doing there. 1)Identify and discussthe level of management Larry Page and Sergey Brin representedin 1999 as…
- Google and China Google ended itssearch product in China in 2010 and is effectively blocked in the country. However,a report emerged last year that the search giant was looking to launch a censored version of itssearch app in China. The initiative, which the company acknowledged publicly, was in its earlystages. In China, all internet services are required to censor information which the governmentdeems sensitive.However, Vice President for Government Affairs and Public Policy at the company, Karan Bhatia,said this week that Google had abandoned plans for “Project Dragonfly,” the name of its Chinasearch product initiative. So right now, Google is still blocked in China and can only be accessed via a virtual private network(VPN), which helps mask a user’s internet location.Source: Adapted from Kharpal, A. 2019. Google has been accused of working with China. Here’swhat they’ve been doing there. Q.1.2 Identify and discussthe level of management Larry Page and Sergey Brin represented in…What will the government most likely do to reduce future Magentum adulteration crime and why? Throw all the money we've got at increasing detection and conviction because that takes fewer resources/generates less total cost that the other options. Increase the monetary sanctions because that takes fewer resources/generates less total cost that the other options. Launch a 10 year study into alternative uses for Magentum bottling operations because our country should just give up on this product and start over. Stop all inspections. We were already inspecting and it didn't stop malfeasance, so we should just give that up.Special Order Earth Baby Inc. (EBI) recently celebrated its 10th anniversary. The companyproduces organic baby products for health-conscious parents. These products include food,clothing, and toys. Earth Baby recently introduced a new line of premium organic baby foods.Extensive research and scientific testing indicate that babies raised on the new line of foodswill have substantial health benefits. EBI is able to sell its products at prices higher than thosecharged by its competitors because of its excellent reputation for superior products. EBI distributesits products through high-end grocery stores, pharmacies, and specialty retail baby stores.Joan Alvarez, the founder and CEO of EBI, recently received a proposal from an old businessschool classmate, Robert Bradley, the vice president of Great Deal Inc. (GDI), a large discountretailer. Mr. Bradley proposes a joint venture between his company and EBI, citing the growingdemand for organic products and the superior distribution…