Critical Thinking and Evaluation of Sources - amazonia.fiocruz.br

Critical Thinking and Evaluation of Sources - Shine Quite

Critical thinking: Intellectual standards essential to reasoning well within every domain of human thought Part 3. Journal of Developmental Education37 2 Watch:Cognitive Bias Song This is an exercise in examining socio-centric and ethical reasoning. Do the following: Discussion question responses should be at least words. All learners should be prepared to critique the postings from at least two fellow students but be sure to back up your thoughts and feedback with concrete facts and insights based on research. You may also want to cite other examples to support your position. Include at least scholarly sources that are not required or recommended readings for this course. Critical Thinking and Evaluation of Sources

Critical Thinking and Evaluation of Sources - sorry

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Critical Thinking and Evaluation of Sources Video

Evaluating Sources for Credibility

Type of paper: Critical Thinking. Any type of paper on any subject custom-written for you by the professionals. Many countries have a closed financial system totally run by the government, but increasingly almost all countries in the world are coming under a private and public hybrid financial system. In fact, private banking and financial system is one of the largest industries in the world. This is an industry that requires outstanding standards in terms of ethical behavior as it dictates the flow of money. Money in wrong hands supplied by the banks can create problems for many in this world. This report will critically analyze how financial institutions influence the economy through ethical and unethical practices. HSBC is one of the largest banks in the world.

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It was established in Hong Kong in and a month later expanded to Shanghai, China. This banking institution mainly started benefitting from opium read article between China and the UK. HSBC started expanding across the globe from the s through acquisition and mergers. However, soon it realized that the acquisitions made in the US were bad investment. It divested its financial advisory business and credit card business in the US in and respectively. However, it was successful in expanding into other territories like Mexico, South America, India and some of the major European economies. Bloomberg named HSBC as the strongest financial organization in HSBC has received several accolades from different parts of the world. However, the bank has time and again come under the scanner for its malpractices. Init was revealed that HSBC helped the Mexican drug Critical Thinking and Evaluation of Sources and the Iranian terrorist organizations to transfer money from one country to another through improper channel Fontevecchia It again came under the radar for money laundering cases.

Finally, through Swiss Leaks the company has come under serious tax evasion charges from over 30 countries Leigh In these cases, they either evaded tax or they have helped individuals evade tax in their home country through illegal means. On one hand, HSBC is the most valuable banking brand in the world; on the other hand, the brand is seriously challenged numerous times for its unethical practices. This Critical Thinking and Evaluation of Sources will highlight a few cases where HSBC came to the news for financial practices that it should not have done and how it managed to contain the situation. HSBC vehemently opposed the report. However, further investigation by the US authorities disclosed that HSBC indeed played a role in money laundering for drug lords and terrorists.

The disc was couriered from the HSBC office to a reinsurer using an external courier service and it got lost.

Critical Thinking Analysis of HSBC’s Unethical Practices

HSBC never reported the loss of the disc until it was reported by the media. It may also have contained other sensitive data https://amazonia.fiocruz.br/scdp/blog/woman-in-black-character-quotes/essay-on-jocasta-in-oedipus-the-king.php address and benefit information that HSBC denied. This is the biggest leak in the Swiss banking industry. The investigation was conducted by journalists in Paris, Geneva, Washington and 46 other countries before the list was published Leigh Even HSBC was accused of working with autocratic leaders in money laundering and corruption cases. HSBC over the years has done business efficiently and by the turn of the century, it became one of the most profitable, respected and robust banking organizations in the world.

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HSBC as a brand generated trust among the investors and retail customers alike. In the history of corporate world, there are instances galore of companies that as soon as started doing well became greedy. Enron is a big example of that. Thjnking an organization becomes complacent, that is when its downward movement starts. It seems HSBC is no exception.

Skurces had no good ethical policy guideline for its managers across the globe. The US managers or managers siting in some other countries may have been following some good practices, but the same was not true for managers sitting in the HSBC office of Mexico or China as there was no uniform global business code of ethics in place for HSBC.]