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business
business ethics
Business Ethics Case Studies And Selected Readings 10th Edition Marianne M. Jennings - Solutions
What is the role of boards in curbing unethical behavior at companies?? p-9687
What cultural factors allowed the companies to keep going despite risks?? p-9687
With regard to the destruction of the documents, was there a difference between what was legally obstruction of justice and what was ethical in terms of understanding what was happening at Enron? When the U.S.Supreme Court reversed the Andersen decision, the Wall Street Journal noted that the
David Duncan was active in his church, a father of three young daughters, and a respected alumnus of Texas A&M. Mr. Duncan’s pastor talked with the New York Times following Enron’s collapse and Duncan’s indictment and discussed with the reporter what a truly decent human being Duncan was.627
When a law firm reviewed who knew what and when in the lead-up to the Enron collapse and bankruptcy, the firm concluded that Andersen was aware of all of the off-the-book partnerships that had been created, noting that it appeared that the documents had been reviewed by Andersen. What factors
One of the tragic ironies to emerge from the collapse of Arthur Andersen, following its audit work for Sunbeam, WorldCom, and Enron, was that it had survived the 1980s savings-and-loan scandals unscathed. In Final Accounting: Ambition, Greed and the Fall of Arthur Andersen, the following poignant
Recall your readings from Unit 2 on the relationship between ethics and economics. Evaluate this comment from a market observer: “When a CEO steps down for(alleged) tax evasion, it sends the message that all of Corporate America is crooked.”760 “It makes you think,‘Why did he do it? Is
Warren Rudman, former U.S. senator and a member of the board at Raytheon, who knew and worked with Mark Belnick, was astonished at Mr. Belnick’s indictment when it was issued. Mr. Rudman said, when told of Mr. Belnick’s fall from grace: “I don’t understand. Ethical, straight, cross the
What do you think of the ethics of Ms. Prue?? p-9687
How do you think the spending and the loans were able to go on for so long?? p-9687
What questions could Mr. Kozlowski and Mr. Swartz have asked themselves to better evaluate their conduct?? p-9687
Evaluate the emails from Wilmer Cutler to general counsel and others in the company. Why were these warnings signs unheeded?? p-9687
Make a list of the lines Mr. Kozlowski crossed in his tenure as CEO. Can any of those items help you in developing your credo? Mr. Kozlowski said, when he was named CEO of the Year by BusinessWeek, Most of us made it to the chief executive position because of a particularly high degree [of]
What are sensing mechanisms, and why are they important?? p-9687
What is the humble firm, and how does it encourage ethical behavior?? p-9687
Describe what leads to the types of behaviors at Lehman and other companies that eventually collapse.? p-9687
Why can’t managers simply rely on their ethics hotlines?? p-9687
What role does enforcement play in the willingness of employees to speak up?? p-9687
Why is “tattling” treated so negatively by others?? p-9687
Who is responsible for the deaths that resulted from the Challenger explosion?? p-9687
If you had been in Allan McDonald’s or Roger Boisjoly’s position on January 28, 1986, what would you have done?? p-9687
Evaluate Locke’s comment on the loss of 10 cents per share.? p-9687
Should the possibility that the booster rockets might not perform below 30°F have been a factor in the decision to allow the launch to proceed?? p-9687
Roger Boisjoly offered the following advice on whistleblowing:• You owe your organization an opportunity to respond. Speak to them first verbally. Memos are not appropriate for the first step.• Gather collegial support for your position. If you cannot get the support, then make sure you are
Scientist William Lowrance has written that “a thing is safe if its attendant risks are judged to be acceptable.”778 Had everyone, including the astronauts, accepted the risks attendant to the Challenger’s launch?? p-9687
Groupthink is defined as a mode of thinking that people engage in when they are deeply involved in a cohesive in-group, when the members’ strivings for unanimity override their motivation to realistically appraise alternative courses of action…. Groupthink refers to the deterioration of mental
Why did Mr. Meyer have so much difficulty convincing his college administrators that there was a problem with New Era?? p-9687
Did Mr. Meyer follow the right steps in trying to bring New Era to the attention of the college officials?? p-9687
What impact did Mr. Meyer’s personal situation (visa and tenure issues) have on his desire to carry through with his concerns?? p-9687
Why were administrators so reluctant to hear Mr. Meyer out? Mr. Bennett notified Spring Arbor College officials when Mr. Meyer called him and asked administrators to keep Mr. Meyer quiet. How would you read this kind of request? What would you do if you were an administrator?? p-9687
About 40 of the nonprofit organizations that had invested in New Era and withdrawn their funds and earnings prior to its collapse voluntarily agreed to return their money to the bankruptcy pool.791 An administrator from Lancaster Bible College, in explaining the return of his college’s funds to
Explain how individual ethical standards and business ethics intersect. p-635
Discuss the obstacles that prevent businesses from creating a credo as a means of integrating ethics into decisions. p-635
Describe the effects business pressures have on individual decisions in a company. p-635
Outline the characteristics of hubris that affect ethical decision analysis by organizational leaders. p-635
List the components of structured ethical analysis in business. p-635
The Cadet Honor Code among U.S. military academies is as follows: “A cadet will not lie, cheat, steal, or tolerate those who do.” Following the discovery of a cheating scandal at West Point during an online calculus exam in 2020 (refer to Reading 1.12 in Unit 1), many of the institution’s
Todd Anderson, the owner of a bar in Clements, California, was arrested on charges of identity theft, forging government documents, falsifying medical documents, and, for good measure, having a loaded, unregistered handgun.6 Mr. Anderson allegedly sold four fraudulent vaccine cards to undercover
Classify the Unit 1 cases according to their layer of ethical issues. p-635
What’s Different About Business Ethics? p-635
Does Dr. Drucker believe that personal ethics and business ethics can be separated? p-635
What is the Drucker test for ethics for business managers? p-635
What role does knowledge of harm play in the Drucker approach to business ethics? p-635
We read one day that Senator Philip A. Hart of Michigan has attacked food processors for deceptive packaging of numerous products. p-635
The next day there is a congressional to-do over Ralph Nader’s book Unsafe At Any Speed, which demonstrates that automobile companies for years have neglected the safety of car-owning families.13 p-635
Then another Senator, Lee Metcalf of Montana, and journalist Vic Reinemer show in their book, Overcharge, the methods by which utility companies elude regulating government bodies to extract unduly large payments from users of electricity. p-635
Do you agree or disagree with Carr’s premise? p-635
What components of ethical analysis from Unit 1 does Carr overlook? What component of the ethical mind is missing in his analysis? p-635
Does everyone operate at the same level of bluffing? p-635
How is the phrase “Sound ethics is good business” characterized? p-635
What would the role of adherence to your credo play in preventing you from losing your way? p-635
Looking at the list of how leaders lose their way, develop a list of actions that would stop these problems from taking hold. p-635
Give examples of how leaders lose their way. David’s weakness was using his power to commit adultery. Has this been a downfall for any leaders of this era?Do some leaders have too much focus on material things and amassing a fortune or “stuff ”? Be sure to look for examples as you study the
Think of an example of a situation in which you resisted pressure to act unethically. p-635
Make a list of the pressures described in the reading so far. p-635
How could your credo help in resisting pressure? p-635
Discuss the ethical, negligence, and environmental issues that you see in this case. p-635
Make a list of the questions from Unit 1 that might have helped BP do a better analysis for their decisions on these key issues that resulted in significant harm to employees, communities, and the environment. p-635
BP rented the rig from Transocean for $500,000 per day. Transocean had been recognized by the U.S.government for its safety record.75 Can companies distance themselves from liability and responsibility through the use of contractors? What are the risks of using third-party contractors? p-635
Discuss how BP got into the position in which it found itself in late 2006, and what might have prevented the spill, financial fallout, and loss of reputation. Be sure to factor in the financial implications of any decision made during the period from 2001 to 2006. p-635
What was the impact of the emphasis on cost cutting on BP’s culture? What was the impact on the company’s performance? List the key decision points that you saw in the case. p-635
Evaluate the social responsibility positions of BP in light of the refinery explosion and the pipeline issue.What can companies learn from the BP experience? p-635
OSHA assessed criminal penalties in this case. What might have helped internal BP discussions about refinery conditions and the safety of their deep-water drilling program? p-635
Apply the layers of ethics to this scenario. Who was making the decisions? The employees were concerned about those decisions. Did their views carry any weight within the company? p-635
The judge’s opinion on the moratorium contained this discussion of the government’s use of a report by experts on offshore drilling:Much to the government’s discomfort and this Court’s uneasiness, the Summary also states that“the recommendations contained in this report have been
Evaluate Mr. Hayward’s parting statement and his views on accountability? p-635
Do your numbers. Think about the costs of your decision, both long and short term. For example, not disclosing information about the company’s financial performance buys you time and prevents a drop in the company’s share price. But if things do not improve, you will be grappling with two
Recall the categories of ethical dilemmas from Reading 1.4 and be sure that you have considered all the ethical issues. p-635
Make sure that you have applied all the questions that are used under the various models in Reading 1.8 to verify that you have really thought through the issue, such as whether what you want to do is even legal. p-635
Check for those warm language labels and rationalizations that may find you overlooking an issue as you find comfort in avoiding real analysis. p-635
Be sure to consider other cases that you have studied and whether there are historical precedents that might be of help in analyzing your present situation and dilemma. p-635
Bring in other areas of business to be sure that you are looking at the ethical issue fully. For example, consider any strategic advantages in your decision. Be sure to apply economic principles to proposed actions. Think through the organizational behavior implications of your decision.In other
Watch the framing of the issue. If you look at an issue within the framework of “This could really hurt us if it went public,” you are destined to make ethical mistakes and risk reputational capital. Instead, frame the issue as,“What are the consequences of what we know?” “What will
“Penn State is an honorable institution that is trying desperately to defend it’s [sic] ethics and all of the individuals who had nothing to do with this horrific scandal, which have been destroyed by the actions/inactions of a few individuals. . . .”This quote comes from a blog about the
Oregon State President Ed Ray, who announced the Penn State sanctions, said that what happened occurred because of the Penn State culture, that the football program had consumed the values of the university. What does he mean? What can you point to in the case that illustrates his point? p-635
List all of the categories of ethical issues that occurred over the course of the events. p-635
Make a list of all the stakeholders in this case. p-635
Are there layers of ethical issues in this case? p-635
What does the case teach us about the importance of speaking up? Of raising objections? Give examples of why people did not speak up in this case. p-635
Give a list of rationalizations that the players made that would have comforted them and stopped them from speaking up. p-635
Based on the Commissioner’s statement, one sportswriter remarked, “Are we still trying to say that illegal sign-stealing isn’t a league issue?”149 p-635
What rationalizations do you find in the case? p-635
Why can’t the problem of sign stealing be solved? p-635
What factors are there in common with the four ethical lapses described in the Boeing case: p-635a. The Lockheed documentsb. The Druyon hiringc. The Condit and Stonecipher issuesd. The 737 MAX
List the decision points for each of the four events.How were the issues framed at those times? p-635
List the questions that Boeing employees and executives did not address as they faced decisions in these four areas. p-635
Was the Bathsheba factor present in this case? p-635
The time frames indicate that the issues came in nearly even spacing between the beginning of one ethical lapse and the start of another. Were there issues that went unaddressed that prevented reforms in the culture? p-635
Evaluate Boeing’s response to the crashes and the delay in admissions. p-635
Can regulatory oversight be too weak? Is a weak regulator a temptation for a business? p-635
Why were Boeing employees not as candid in meetings about their feelings and opinions on risk and safety as they were in emails? p-635
What can leaders do to encourage candor from employees on evolving projects? p-635
What types of behaviors by leaders discourage candid employee feedback? p-635
Evaluate the testimony of the Boeing project manager for the 737 MAX. Is there a better approach to accountability? p-635
Going back to the Lockheed document issue, what was management’s position when the story of the documents appeared in the Wall Street Journal? Does management set a tone for ethics through its public actions? p-635
Ms. Druyon had to issue two supplemental filings to her guilty plea to correct what she had told investigators. She had also written the email confirmation of their series of events to Mr. Sears. What lessons could ethics and compliance officers use from this experience to train employees? p-635
What layers of ethics were present in these Boeing events? For example, was it Mark Forkner’s decision to convince the FAA that the pilot training was not necessary? p-635
What ethical lapses do you see in the underreporting of deaths? P-6523
What analysis tools would you recommend to government officials and public health officials? P-6523
Did government intervention help or exacerbate the pandemic crisis? P-6523
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