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business ethics
Questions and Answers of
Business Ethics
Identify two important life experiences that helped you define your own personal code of ethics.
Create a list of 5 to 10 guidelines for ensuring a successful brainstorming session to identify potential solutions to a problem.
Hypothesis: It is easier to establish an ethical work environment in a nonprofit organization than in a for-profit organization. Provide three facts or opinions that support this hypothesis. Provide
This chapter discusses four approaches to dealing with moral issues. Which approach is closest to your way of analyzing moral issues? Now that you are aware of different approaches, do you think you
Should software piracy within the boundaries of third-world countries be tolerated to allow these countries an opportunity to move more quickly into the information age? Why or why not?
Without revealing the name of your employer, comment on the efforts of your employer to promote a work environment in which employees are encouraged to act ethically.
Research two different companies and try to identify at which stage of corporate citizenship these companies reside. What are the best examples you can find of companies in Stage 5 of corporate
There are many ethical issues about which people hold very strong opinions—abortion, gun control, and the death penalty, to name a few. If you were a team member on a project with someone whom you
Analyse the controversies mentioned and the measures taken to overcome them from an ethical perspective.
What actions could Chiquita take to overcome the current ethical problems and to be more responsible?
How could Chiquita act with the independent producers of its supply chain to improve their labour standards?
How do you evaluate the company’s initiative to involve employees in the development of the community?
Do you think the arguments of members of the board of directors of AkzoNobel and the distinction made by Carlos regarding business obligations in developing countries are correct?
With what other arguments could Carlos convince the members of the board to support ‘The Five’?
Give a simple argument that breaking a promise, simply because it is convenient to do so, fails the generalization test. Note that one can break a promise only if it is possible to make a promise.
Give a simple argument that lying, merely for convenience, fails the generalization test. Assume that the lie would achieve its purpose only if it is believed.
As an ambulance driver, you normally use a siren and flashing lights only for an emergency.At the moment you are driving the vehicle to an important meeting with your boss that may determine whether
The situation is the same as in the previous exercise, except that you are running late because of a very unusual traffic jam on the route. You can still arrive on time by using the siren. Is this
While walking down Fifth Avenue in New York City, you see a $100 bill on the pavement.You take the money and spend it because you have no way of knowing who dropped it. This is legal, but is it
You shop at a grocery that arranges milk bottles so that the oldest ones are in front and the freshest in the rear. You reach behind the older bottles to select the one at the very back. Your reason
As you are about to board an aircraft, it is announced that the plane will be boarded by zones to expedite the process.However, you would like to board before your zone is called to make sure you can
While commuting home from work, you take a detour through a residential area to avoid a congested main artery. Because only a few drivers take the detour, it removes several minutes from your
In the previous exercise, suppose that a few commuters can drive through the residential area unnoticed, but if many cars used the detour, the traffic would become a noisy and hazardous nuisance in
In Exercise 8, suppose that you are taking the detour only because few people know the city as well as you do. If many people knew about the detour and were nonetheless avoiding it, you would follow
Music shop temptation.While browsing in a music shop, you spot a CD recording of Arnold Schönberg’s Pierrot Lunaire.You love this piece, but you are absolutely certain that no one else within a
Police have closed one lane of a highway due to an accident. A long queue of traffic has formed in the lane that remains open, because drivers slow down to view the accident. However, a few drivers
In the previous exercise, is it generalizable for a driver at the front of the queue to allow someone to merge? Assume it is legal.
You decide to play in an amateur tennis tournament because you know you are the best player in town and will certainly win the trophy and prize money. This is the only reason you are playing the
You are considering whether your cable TV business should enter the market in Anywheresville, which presently has no cable service. You expect a few other cable companies will do the same. However,
Damage expense.1 Chris is a new hire at a manufacturing company, which pays his moving expenses.However, the movers seriously damage an expensive piece of furniture. The insurance covers only a small
Upgrading the refinery. You are plant manager at a refinery that meets all environmental regulations.However, the mayor of a nearby community is pressuring you to install new technology that would
Ordinarily, an action that fails the generalization test would continue to fail if the scope were broadened.This is because a rationale is less likely to be generalizable when it applies to more
In Exercise 7, does boarding early pass the utilitarian test?
The accidental bank robbery.5 Chris is a relief branch manager for Commerce Trust Bank. His job is to fill in for regular branch managers while they are away. Today he is serving at a bank with
Back at the music shop. You are again browsing in the music shop that has a CD recording of Arnold Schönberg’s Pierrot Lunaire on display (see Exercise 11). You were reluctant to steal it last
Irrevocable election.6 Steve is in his second year at a CPA firm. A firm partner discovers that Steve neglected to attach an irrevocable election form to one of last year’s tax returns. The form is
Hard choice in Hondo.7 George is manager of an Ardnak Plastics plant in Hondo, Texas. It employs several hundred persons, a large fraction of the local workforce. George’s boss, Bill, telephones
Retirement fund recommendation.9 John is a portfolio analyst for Metropolitan City Teachers’Retirement Fund (MCTRF).His boss Mary has asked him to compare one of MCTRF’s external growth stock
Plant automation.10 George is a recent MBA who just joined a manufacturing firm’s Cedar Valley plant as its only cost accountant. Cedar Valley is a town of 20,000 people, and the plant is one of
Missing travel documentation.11 Tim, a CPA, works for an auditing firm and has been placed in charge of an annual audit for Dalton Enterprises, a medium-sized firm with $20 million in assets. Mr.
The good credit reference.12 Diversified Consolidated Corporation (DCC) is a supplier for North Manufacturing. As a credit officer at DCC, Kathy is responsible for about $1 million in credits to
Suppose that in Exercise 22, the partner thinks better of committing tax fraud. Instead, he tells Steve that the firm will cover the portion of the client’s tax bill that results from Steve’s
What is the ethical choice in Exercise 20?
You are a recent new hire at your company and have been given the responsibility for soliciting the employees in your 10-person department for the company’s annual drive to support United Way (a
You are currently being considered for a major promotion within your company to vice president of marketing. In your current position as manager of advertising, you supervise 15 managers and 10
You are the customer support manager for a small software manufacturer. The newest addition to your 10-person team is Sofia, a recent college graduate. She is a little overwhelmed by the volume of
As part of your company’s annual performance review process, each employee must identify three coworkers to be interviewed by his manager to get a perspective on the employee’s overall work
While mingling with neighbors at a party, you mention that you are responsible for evaluating bids for a large computer software contract. A few days later, you receive a lunch invitation from one of
You are a recent graduate of a well-respected business school, but you are having trouble getting a job. You worked with a professional résumé service to develop a well-written résumé and placed
1. Present three strong arguments that IBM might have used to justify the start of its sustain-ability programs in the 1970s.2. What major goals has IBM achieved in environmental stewardship?3. How
1. Were Nokia’s leaders acting unethically when they moved their facilities from Germany to Romania and from Romania to Asia, or was this a legitimate business decision to reduce costs and improve
1. Discuss how a CIO might handle Schrage’s scenarios using the suggested process for ethical decision making presented in this chapter.2. Discuss the possible short-term losses and long-term gains
You are a new salesperson at a large software manufacturing firm. It is three weeks from the end of the sales quarter and you and your sales manager are sitting pretty—you have both already met
You are in charge of awarding all computer hardware service contracts (valued at over $2 million per year) for your employer. In recent emails with the company’s current service contractor, you
Your organization is preparing to submit a bid for a multimillion-dollar contract in South America. The contract is extremely important to your firm and would represent its first contract in South
Go to the Web site of one of the three primary consumer credit reporting companies (Equifax, Experian, or Trans Union). Find the instructions to request a free credit report, and do so. How long did
A friend contacts you about joining his company, Anonymous Remailers Anonymous. He would like you to lead the technical staff and offers you a 20 percent increase in salary and benefits over your
1. How does the First Amendment protect WikiLeaks from prosecution?2. Is WikiLeaks justified in releasing Syrian government emails? Is this different from posting classified U.S. documents?3. What
You have been asked to lead your company’s new competitive intelligence organization. What would you do to ensure that members of the new organization obey applicable laws and the company’s own
1. How unique does an idea need to be to warrant patent protection? Should the idea of pre-roll advertisements be patentable?2. Are patent trolls justified in their actions? Do they provide a means
Keep track of the time that you spend on social networking Web sites for one week. Do you think that this is time well spent? Why or why not?
Do you think that college instructor-student friendships on social networking Web sites are appropriate? Why or why not?
Can role playing illegal and violent fantasies in a virtual world affect individuals and society in the real world? What are the social and ethical implications of such role playing? Should limits be
You have just received a second invitation to join John’s friend list. You met John three weeks ago at a group study session prior to last semester’s Calculus II finals. He came across as very
A friend of yours has asked you to help him and a group of three or four others shoot a video and upload it to YouTube. The subject of the video is“Happenings at Work,” and it will include
You are a new player in Second Life and are surprised when another avatar asks if you want to buy some marijuana. You are not sure if the person is merely role playing or is serious. What would you
To gain a deeper understanding of morality and ethics
To reflect on the role of ethics as a guide for human conduct
To gain an understanding of mainstream ethical theories
To clarify some basic ethical concepts
To know how the current interest in business ethics emerged
To provide arguments about the possible link between ethics and economic performance
To understand why companies integrate ethics into their organizations
To obtain an approach to business ethics and its scope
To gain an understanding of the differences between normative and behavioural business ethics
Why did the demise of Arthur Andersen occur? Could you identify any ethical motive?
Analyse the founding values of Arthur Andersen and how these evolved over time.
How would you describe the characters of Mr. Arthur Andersen and the later leaders of the firm?
What do you think about the ‘mark-to-market accounting’ and the‘SPE’? Are they abusive? If so, why?
Do you think that the strategies of the CFO, Andrew Fastow, to maintain the credit rating and the share price are morally correct?
Who is responsible for the Enron scandal? Top executives, the board of directors, auditors, banks, lawyers, analysts …?
Do you think that the Enron scandal was due exclusively to insufficiencies of US law?
To recognize four key psychological elements in good behaviour?
To review the main steps in the decision-making process and discuss why decision-making requires full rationality, not just instrumental?
To discuss whether the ethical dimension is inherent to the decision-making process?
To see the roles of practical wisdom and ethical principles in making sound judgements?
To become familiar with a useful framework for making moral judgements?
To study how to make moral judgements of actions that entail both good and bad effects?
To acquire some basic criteria for solving ethical dilemmas?
Is there anything wrong, in terms of justice, with the Ponzi scheme?What might have been the intention of Bernard Madoff in his strategy?
Is there any circumstance in Bernard Madoff’s behaviour that makes this particularly reprehensible?
What type of responsibility (commission, omission, induction or cooperation)can be ascribed to Bernard Madoff, Ruth Madoff, Peter Madoff, Charles Weiner, the Madoff sons and David Friehling?
Why might the regulators have failed to detect the fraud despite the many alerts, especially that from Markopolos?
What is the problem and what alternatives can be proposed?
Has Junseo assessed all the dimensions of his decision, seemingly almost concluded already? Has he acted with practical wisdom?
What would you recommend to Junseo? And Jia?
To reflect on requirements of justice and honesty for business?
To understand restitution and compensation for damages?
To gain an insight into the ethical issues related to business contracts?
To discuss some forms of misappropriation, industrial espionage and fraud?
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