Question: Super Security Co. offers a range of security services for athletes and entertainers. Each type of service is considered within a separate department. Marc Pincus,

Super Security Co. offers a range of security services for athletes and entertainers. Each type of service is considered within a separate department. Marc Pincus, the overall manager, is compensated partly on the basis of departmental performance by staying within the quarterly cost budget. He often re-vises operations to make sure departments stay within budget. Says Pincus, “I will not go over budget even if it means slightly compromising the level and quality of service. These are minor compromises that don’t significantly affect my clients, at least in the short term.”

Required

1. Is there an ethical concern in this situation? If so, which parties are affected? Explain.

2. Can Marc Pincus take action to eliminate or reduce any ethical concerns? Explain.

3. What is Super Security’s ethical responsibility in offering professional services?

Step by Step Solution

★★★★★

3.33 Rating (147 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

1 There is an ethical concern in this situation Pincus is taking actions he would not otherwise take He believes that minor compromises in his behavio... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

441-B-M-A-P-E (1744).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Senior Security Co. offers a range of security services for senior citizens. Each type of service is considered within a separate department. Mary Pincus, the overall manager, is compensated partly...

TAME offers a range of mouth-related services to adult patients, from simple teeth cleaning and checkups to orthodontics to complex oral surgery. Two types of employees are relevant for TAMEs revenue...

The Consummate Consulting Company (CCC) offers a range of consulting services, grouped into Strategic, Technology, Cost, Marketing, and Personnel. The company allocates the cost of supporting...

Required 1. Compute profit margin for each company. 2. Compute investment turnover for each company. Analysis Component 3. Using your answers to the questions above, compare the companies'...

need help answering this question Super Security Co. offers a range of security services for athletes and entertainers. 22-3 of service sconsidered within a separate department. Marc Pincus, the...

NOTE: You will not always be doing what the problem instructs you to do, because you will be writing a solution to the problem. So if the problem instructions ask you to make a list, write a letter,...

BTN 22-3 Super Security Co. offers a range of security services for athletes and entertainers. Each type of service is considered within a separate department. Marc Pincus, the overall manager, is...

What are the two problems associated with 100% manual inspection?

Suppose that we use the axial-flow pump of Fig. 11.13 to drive the leaf blower of Prob. 11.64. What approximate (a) Diameter and (b) Rotation speed are appropriate? (c) Is this a good design?

List as many possible tax research issues as you can to determine the tax treatment of the $ 1 2 5 , 0 0 0 payment received by Matthew.

A nonparametric test and gender differences in obeying bicycling laws: Students at Hunter College studied bicycle safety in New York City (Tuckel & Milczarski, 2014). They reported data on cyclists...

Sager Company builds custom retaining walls for large commercial customers. On May 1, the company had no inventories of work in process or finished goods but held the following raw materials. On May...

At the beginning of the year, Pavelka Companys manager estimated total direct labor cost to be $1,500,000. The manager also estimated the following overhead costs for the year. For the year, the...

At the beginning of the year, Learer Companys manager estimated total direct labor cost to be $2,500,000. The manager also estimated the following overhead costs for the year. For the year, the...

Fitness Machine A fitness center bought a new exercise machine called the Mountain Climber. They decided to keep track of how many people used the machine over a 3-hour period, Here X is the number...

REC The Time Value of Money Rebecca is thinking about investing in a piece of land that costs $85,000. She is certain that next year the land will be worth $91,000, a gain of $6,000! Given that she...

Option to delay Look back at the Malted Herring option in Section 22-2. How did the company's analysts estimate the present value of the project? It turns out that they assumed that the probability...