Name: Jasmin L.

Gamboa Course: BS in Business Administration – MM

Student ID: 22011473810 Campus: AMACC – Cabanatuan

TRIMESTER 2 (2223)
1st Year College (March 6 – 10, 2023)

Task: Individual essay writing: How would you relate applicable theories and concepts in the
film?

Inside Job is a 2010 American documentary film on the financial crisis of the late 2000s,

directed by Charles Ferguson. In five parts, the film examines how shifts in the policy

environment and banking practices contributed to the financial crisis. According to Ferguson,

who started his research in 2008, the film is about "the systemic corruption of the United States

by the financial services industry and the consequences of that systemic corruption, including

conflicts of interest in academic research that prompted the American Economic Association to

improve its disclosure standards.

The focus of this film is on the complex ethical concerns surrounding the financial

services industry and how the market has responded to the recession. The movie's discussion

of the pressure in financial services industry puts on political processes to circumvent rules

serves as its main theme. The prevalence of the revolving door, where financial managers may

be hired within the financial industry after working with the government, is a significant ethical

concern covered in the movie.

It will have an impact on both current and future managers. It shows how moral concerns

might affect how the future economic circumstances turn out. The ethical issues that the various

companies covered in the movie had to deal with, the decisions made by their management

teams, and the ensuing ethical problems all show how delicate business ethics are and the

potential effects of ethical decisions on an organization's and the industry's performance.

 It offers a fascinating analysis of the reasons and consequences of the world economic

downturn. Since the documentary emphasizes ethical topics including fiduciary obligation,

conflicts of interest, financial regulation, and executive compensation, it may be useful for

examining and teaching business and economic ethics to current and potential managers. It

also provides an insightful synopsis of an important historical event that has the potential to

influence future generations' economic fortunes.

It warns current and future investors to research and seek for information before risking

into something that there is no guarantee and signs of success. It may lead to billion of losses or

it may lead to bankruptcy. Being a wealthy doesn’t mean that you are an entitled person that will

be adored or worshiped by the people. You cannot achieve anything especially when your

wealth is not from your efforts and getting something using just your money cannot make

anyone successful because it may bring you to the point that you may loss everything that you

have.