26 May Question The case assignment (case study) is a written description of a p
Question
The case assignment (case study) is a written description of a problem or situation. “Most cases are a snapshot of a particular situation within a complex environment.”
The purpose of the case assignments in this course is to place the student in a position which will require research, synthesis of information and critical thought. You will be asked to distinguish pertinent from peripheral facts, to identify central alternatives among several issues competing for attention, and to formulate strategies and recommendations. The method provides an opportunity to sharpen problem-solving skills and to improve your ability to think and reason rigorously.
Note that your response will require research, synthesis of information and critical thought.
BUS501 MOD1 – 5 page minimum
Banking on WikiLeaks
We all know WikiLeaks as the online site that posts information on it’s website that governments consider classified. But they also post internal memos and information on banks and other large corporations. This clearly can have a negative impact on the banks. Visa, MasterCard, PayPal and others are refusing to process payments for WikiLeaks for what seem to be political reasons.
Whatever one thinks about what WikiLeaks does, the precedent clearly shows how much power financial companies have in the political arena. Is it right for the financial sector to decide which political groups can operate and which can not? Or is this just a matter of normal business risk recution?
Question:
Should Bank of America refuse to process payments and do business with WikiLeaks?
Expectations:
Please Read:
Facing a New Type of Threat From WikiLeaks, a Bank Plays Defense; [Business/Financial Desk]
Nelson D. Schwartz.New York Times. (Late Edition (East Coast)). New York, N.Y.:Jan 3, 2011. pg. B.1
AND
Banks and WikiLeaks; [Editorial]
New York Times. (Late Edition (East Coast)). New York, N.Y.: Dec 26, 2010. pg. WK.13
Make sure to clearly identify the utilitarian and deontological implications of your position. Be clear how your answer respects basic rights and has consequences that are for the greatest good.
Write 5 pages and upload to coursenet at the end of this module.
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