Assignment 1 Example | Topics and Well Written Essays - 500 words - 11

1 - Assignment Example Tuckman and Jensen’s (1977) theory offers stages that involve the development of the group internally among the members. Their theory consists of five stages which include forming, storming, and norming, performing and adjourning. In reference to Kinicki and Williams (2009), the first stage, forming, entails quantifiable accomplishments where the members get to know and understand each other (p. 441). The team members in this stage are polite, tentative and to some degree uncomfortable. It is only after the members feel comfortable that the group can move to the next stage. In the Glory Road, the team members are contented with their new coach, Haskins, and are not sure of how to behave when around their coach (Haskins & Wetzel, 2006). In the first stage of the film, the members spend time understanding and knowing each other. The cafeteria scene in the film is an example of how the team members get to know each other. The members sit down round a table and introduce themselves and share their backgrounds. The second stage of group development is storming. Kinicki and Williams (2009) denote that this stage is typified by conflicts and confusion on group roles and project necessities (p. 441). This is seen in the film Glory Road when tensions rise among the group members as they practiced. This is seen in all scenes within this stage in the film because some of the members feel like having fun and not concentrating on basketball (Haskins & Wetzel, 2006). At this stage, some other groups can also form. This is seen when the Blacks come together to defend each other against the whites. The third stage is the norming stage (Kinicki & Williams, 2009, p. 442), where the members of the group are more organized and unified. In this stage, the group has norms and rules to guide its members. Norming is portrayed in the film when the coach establishes rules for the team. It is after

Ethical Implication of Financial Decisions Essay

Ethical Implication of Financial Decisions - Essay Example Insider trading is trading of a company’s stock and other securities such as bonds and stock options by individuals who are related to a business (Vataliya, 2009). The individuals are assumed to have the means of accessing information that is not public that is directly related to the company. One of the most well-known insider cases today is that involving a TV tycoon Martha Stewart. She was accused of receiving inside information. Using the information Martha sold the shares of ImClone drugs a day before the United States Food and Drug Administration (FDA) denied the approval of the drug.In some countries, trading by corporate insiders such as managers, large shareholders, and directors can be legal if the trading is done in ways that do not take advantage of information that is not meant for the public that would eventually be harmful to the confidence of the investors. However, insider trading presents unethical issues in most cases. First, insider trading is an unfair pra ctice to honest traders. The method ensures that the information is only available to some shareholders, thus depriving others the opportunity to use the information to make the right investment decision.Insider trading is also a breach of fiduciary and other relationship of confidence and trust. The practice goes against the property rights in any information and dealing in such information can be considered to be an abuse of property rights. Arguably, insiders have an ethical duty to act in the interests of the shareholders (Lussier, 2012).