Business Ethics Decision Making For Personal Integrity And Social Responsibility 5th Edition Laura Hartman, Joseph DesJardins, Chris MacDonald - Solutions

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Were the consultants exercising their market power legitimately or were they bullying the hospital management?
How easy is it for supply chain partnerships, which are proposed as a new and better way to manage procurement, to become abusive relationships? How might this tendency, if true, be prevented?
To what extent should people be protected against their own ignorance and frailties? (This by the way is a standard revealing question because it gives away the feelings of the writer – so you might wish to reframe it.)
Is there a litigation culture developing in other regions of the world following US precedents? Is it a bad thing?
What are the longer-term consequences of not confronting behaviour such as that discussed in the case study?
Had Ford’s strategic attitude to safety fears concerning its vehicles changed in over 20 years?
In what situations do you think it might be justified to break, or defy, the law, to end an injustice?
In what circumstances might it be right to break the law in an effort to prevent a company behaving in a way that is legal, but, in the eyes of some, immoral?
Discuss the proposition that companies should behave in a socially responsible
Are there degrees of lying? Can some forms of lying be acceptable in business and
How would you assign responsibility for the VW scandal? What should have been done differently and by whom? In September 2015, the U.S. Environmental Protection Agency (EPA) announced that it was ordering a recall for more than 500,000 Volkswagens sold in the United States. The EPA reported that
Who are the stakeholders in this case? How were the interests of each stakeholder represented? In September 2015, the U.S. Environmental Protection Agency (EPA) announced that it was ordering a recall for more than 500,000 Volkswagens sold in the United States. The EPA reported that VW’s diesel
Is it fair to expect any employees, including professionals such as engineers and accountants, to confront management over directives that they believe are unethical?
What changes to the VW board would you recommend that might help prevent future scandals?
The codetermination principle was created to ensure that employees have a role in managerial decision making, thus creating a more democratic workplace. What are the benefits of this model? What are the disadvantages?
What do you understand by “independent” board member? Who or what should an independent board member represent that would be different from other board members?
What ethical issues are involved in this case? On June 27, 2012, as part of a U.S. Department of Justice investigation, Barclays Bank admitted to manipulating and reporting fraudulent interest rates used in international financial markets. Barclays, a multinational financial services and banking
Who are the stakeholders in this case? Who was hurt by rate fixing? On June 27, 2012, as part of a U.S. Department of Justice investigation, Barclays Bank admitted to manipulating and reporting fraudulent interest rates used in international financial markets. Barclays, a multinational financial
What responsibilities did senior executives at Barclays have to prevent fraud in circumstances that, in Timothy Geithner’s words, created both the incentive and opportunity for fraud? On June 27, 2012, as part of a U.S. Department of Justice investigation, Barclays Bank admitted to manipulating
What sort of internal controls might the Barclays board of directors have instituted to prevent such fraud? On June 27, 2012, as part of a U.S. Department of Justice investigation, Barclays Bank admitted to manipulating and reporting fraudulent interest rates used in international financial
Can you think of examples in your own experience where someone is required to work as an agent for another, or when you were involved as an agent? How is the agent motivated in this particular case? According to many observers, there is a deep problem at the heart of modern capitalist economies.
If you were asked to design a policy that would provide a solution to the agency problem in the company for which you work, where would you begin? According to many observers, there is a deep problem at the heart of modern capitalist economies. Modern economies rely on individuals, legally known as
Review the section on virtue ethics in Chapter 3 and explain how the agency problem would be viewed from that perspective.? According to many observers, there is a deep problem at the heart of modern capitalist economies. Modern economies rely on individuals, legally known as “agents,” who work
Under what circumstances, or for what kinds of tasks, do you think agency problems are most likely to be a challenge? According to many observers, there is a deep problem at the heart of modern capitalist economies. Modern economies rely on individuals, legally known as “agents,” who work for
What are the ethical issues involved in access to corporate information?
Where do private investors go to access information about stock purchases? On whose opinion do they rely? Does everyone have access to these same opinions? If not, what determines access to information in an open market? Instead, is there equal opportunity to have access to information?
Who are the stakeholders involved in the issue of access? Who relies on information relevant to stock purchases?
Who has an interest in equal access to information?
What alternatives are available when considering access to information? How can we perhaps best ensure equal access?
How do the alternatives compare, and how do the alternatives affect the stakeholders?
Where does a private investor find information relevant to potential stock purchases? Barring issues of insider trading, do all investors actually have roughly equal access to information about companies?
Would you trust a financial product backed by Apple, based on Apple’s reputation alone? Early in 2019, tech blogger David Gewirtz wrote a piece about the new “Apple Card”—a sleek, titanium credit card connected to the iPhone. After pointing out several usability challenges, he then moved on
Would you trust a financial product backed by Goldman Sachs, based on Goldman’s reputation alone?
Are you more, or less, likely to trust an Apple product that is backed by a world-class financial institution—but one with a troubled history?
Look online for some of Goldman’s history of troubles. Would the type of troubles Goldman has had worry you, as a consumer?
Do you believe that government agencies fulfilled their responsibilities in this case? Many people and institutions have responsibility for corporate oversight and control. The Opening Decision Point considered most of the key stakeholders: professional employees, management, boards. But government
What else could government do to better create and enforce environmental standards?Many people and institutions have responsibility for corporate oversight and control. The Opening Decision Point considered most of the key stakeholders: professional employees, management, boards. But government
Are there government policies or actions that could have encouraged better oversight within the VW corporate setting and prevented this from occurring?Many people and institutions have responsibility for corporate oversight and control. The Opening Decision Point considered most of the key
You have been asked by the board of a large corporation to develop a board assessment and effectiveness mechanism, which could be a survey, interviews, an appraisal system, or other technique that will allow you to report back to the board on both individual and group effectiveness. What would you
You have been asked to join the board of a small charitable organization. What are some of the first questions that you should ask, before agreeing to join, and what are the answers that you are seeking?
U.S. law imposes duties of care, good faith, and loyalty on corporate boards. Search online to find out: What duties do the laws of other jurisdictions, such as Canada, the UK, and Japan, impose on boards? Are they different in meaningful ways?
Scholars have made strong arguments for required representation on boards by stakeholders that go beyond stockholders, such as employees, community members, and others, depending on the industry. What might be some of the benefits and costs of such a process?
You are an executive at a large nonprofit organization. Some of your board members suggest that perhaps the company should voluntarily comply with Sarbanes-Oxley. What are some of the reasons the company might consider doing so or not doing so?
You are on the compensation committee of your board and have been asked to propose an overall compensation structure to be offered to the next CEO. Explore some of the following websites on executive compensation and then propose a structure or process for determining CEO compensation at your
Imagine that a press release has a significant negative impact on your firm’s stock price, reducing its value by more than 50% in a single day of trading! You gather from conversations in the hallway that the company’s fundamentals remain strong, aside from this one-time event. You see this as
Modify slightly the facts of the previous question. Assume that you are also privy to the annual forecast of earnings, which assures you that the fundamentals remain strong. Stock analysts and investors are also provided this same information. Do your answers to the questions above change at all?
In connection with the two previous questions, assume instead that you suspect something significant is about to be made public because senior managers have consistently stayed late, a special board meeting has been called, you and your boss have been advised to be on call throughout the weekend,
Have you ever been in, or are you familiar with, a conflict of interest situation? How was it resolved? Can you think of any rules or any practices that could have prevented the situation from occurring? Can you think of any initiatives, structures, or procedures that could make it easy to avoid
What motivates executives to seek huge compensation packages? Consider this exchange between a New York Times reporter and Dennis Kozlowski, former CEO of Tyco International.Reporter: It’s often said that at a certain level it no longer matters how much any of you make, that you would be doing
Explain the role of accountants and other professionals as “gatekeepers.”
Describe how conflicts of interest can arise for business professionals.
Outline the requirements of the Sarbanes-Oxley Act.
Describe the COSO framework.
Define the “control environment” and the means by which ethics and culture can impact that environment.
Discuss the legal obligations of a member of a board of directors.
Explain the ethical obligations of a member of a board of directors.
Highlight conflicts of interest in financial markets and discuss the ways in which they may be alleviated.
Describe conflicts of interest in governance created by excessive executive compensation.
Define insider trading and evaluate its potential for unethical behavior.
Please list as many ethical issues as you can identify that are raised by the use of smartphones in the workplace.? One afternoon, your team is assembled in a client’s conference room, pitching a new database system. This pitch concerns an important sale so, while a colleague presents your
Did you do anything wrong this morning in the meeting? One afternoon, your team is assembled in a client’s conference room, pitching a new database system. This pitch concerns an important sale so, while a colleague presents your team’s slides detailing the benefits of your system, you watch
Clearly, this morning’s client was offended. Having the benefit of hindsight now, how might you have handled your actions this morning differently in order to have prevented that offense? One afternoon, your team is assembled in a client’s conference room, pitching a new database system. This
At what point does behavior some might consider impolite—for instance, actions that might offend others, such as answering emails during a meeting or even playing games because you are bored or tired—cross the line into unethical behavior? One afternoon, your team is assembled in a client’s
What type of policy would you suggest for an organization regarding the use of smartphones in the workplace, if any? One afternoon, your team is assembled in a client’s conference room, pitching a new database system. This pitch concerns an important sale so, while a colleague presents your
Should the rules be different for using smartphones during in-house meetings versus during meetings with clients or suppilers? One afternoon, your team is assembled in a client’s conference room, pitching a new database system. This pitch concerns an important sale so, while a colleague presents
What will you do next? Will you answer your phone? How will you answer your boss’s concerns? One afternoon, your team is assembled in a client’s conference room, pitching a new database system. This pitch concerns an important sale so, while a colleague presents your team’s slides detailing
What facts are relevant to your decisions?The information on the following bulleted list is sometimes required on standard employment applications, though candidates might consider some of it to be private or personal. Which of the following items about an employee might an employer have a
What would the consequences be of refusing to answer any questions on an employment application?The information on the following bulleted list is sometimes required on standard employment applications, though candidates might consider some of it to be private or personal. Which of the following
Are you basing your decision on particular rights of the employee or the employer?The information on the following bulleted list is sometimes required on standard employment applications, though candidates might consider some of it to be private or personal. Which of the following items about an
Are there people other than the employer and employee who might have a stake in what information is released to employers?The information on the following bulleted list is sometimes required on standard employment applications, though candidates might consider some of it to be private or personal.
What are the key facts relevant to your response?Management wants me to spy.Management wants me to spy on a colleague. I’ll be using [a spying program] that is 100% hidden, does screen captures, etc. Is there a document out there that I can have management sign to limit my liability? I want
What is the ethical issue involved in peer spying in the workplace?Management wants me to spy.Management wants me to spy on a colleague. I’ll be using [a spying program] that is 100% hidden, does screen captures, etc. Is there a document out there that I can have management sign to limit my
Who are the stakeholders?Management wants me to spy.Management wants me to spy on a colleague. I’ll be using [a spying program] that is 100% hidden, does screen captures, etc. Is there a document out there that I can have management sign to limit my liability? I want signatures from all
What alternatives would you suggest to this individual, and what alternatives exist for employers who wish to gather information about employees surreptitiously?Management wants me to spy.Management wants me to spy on a colleague. I’ll be using [a spying program] that is 100% hidden, does screen
How do the alternatives compare; how do the alternatives affect the stakeholders?Management wants me to spy.Management wants me to spy on a colleague. I’ll be using [a spying program] that is 100% hidden, does screen captures, etc. Is there a document out there that I can have management sign to
What limits should be placed on the reasons a job applicant can be denied employment?the law prohibits denying someone a job on the basis of race, religion, ethnicity, gender, or disability. The law generally allows denial of a job on the basis of drug use. Like employment at will, the burden of
What are the key facts relevant to your response?the law prohibits denying someone a job on the basis of race, religion, ethnicity, gender, or disability. The law generally allows denial of a job on the basis of drug use. Like employment at will, the burden of proof lies with the job applicant to
What are the ethical issues involved in basing hiring decisions on personal information?the law prohibits denying someone a job on the basis of race, religion, ethnicity, gender, or disability. The law generally allows denial of a job on the basis of drug use. Like employment at will, the burden of
Who are the stakeholders?the law prohibits denying someone a job on the basis of race, religion, ethnicity, gender, or disability. The law generally allows denial of a job on the basis of drug use. Like employment at will, the burden of proof lies with the job applicant to demonstrate that the
What alternatives would you suggest to business in considering personal information in hiring, and what alternatives exist for employers?the law prohibits denying someone a job on the basis of race, religion, ethnicity, gender, or disability. The law generally allows denial of a job on the basis of
How do the alternatives compare for business and for the stakeholders?the law prohibits denying someone a job on the basis of race, religion, ethnicity, gender, or disability. The law generally allows denial of a job on the basis of drug use. Like employment at will, the burden of proof lies with
If you were researching this issue for the EEOC, would you conclude that these questions violate the ADA? Do the questions listed inappropriately ask these individuals to reveal a disability?Some argue that companies run the risk of bias when conducting personality tests for hiring, particularly
Do you conclude that answering these questions may adversely impact their potential employment?Some argue that companies run the risk of bias when conducting personality tests for hiring, particularly with regard to diversity of perspective. One argument is that certain personality traits are not
If so, is there an alternative way of protecting against this discrimination while still retaining these assessments?Some argue that companies run the risk of bias when conducting personality tests for hiring, particularly with regard to diversity of perspective. One argument is that certain
How do the alternatives compare for business and for the stakeholders involved?Some argue that companies run the risk of bias when conducting personality tests for hiring, particularly with regard to diversity of perspective. One argument is that certain personality traits are not relevant to job
Have you considered further challenges in this narrative? Who would be the one to make the decision to fire Brin from the company, given his position and stock holdings? Plus, should his girlfriend be fired? If so, on what basis? Is it possible for them to be professionally separated when one of
Assume you are charged with drafting your organization’s policy on workplace dating. In which direction will you tilt with regard to its management of this issue? Utilitarian, or more in line with the 28% of workplaces that simply prohibit workplace dating in order to have a clearer line of
If you opt for a prohibition, how do you plan to enforce it? Are you willing to hire someone who is dating a current employee? Must they stop dating? What problems might arise as a result of your policy, in either direction?What should company leadership do when it learns that the firm’s founder
How might you respond if you observed a colleague texting in the middle of a meeting?
Would it be different if the meeting involved just the two of you or other people? If the others were work colleagues or colleagues external to your firm?
What would you do if you received a text from a colleague in the middle of a meeting (and the colleague is in the same meeting)?
Are there new technologies other than smartphones that raise questions such as the ones discussed in this scenario? Does the use of a laptop during a business meeting raise the same or similar issues?
Did it occur to you at the end of the Opening Decision Point that perhaps your boss might have given you the benefit of the doubt and asked whether you had been using your phone for note-taking? Does that perspective affect your response at all?
When people differ with regard to the proper use of new technologies in the workplace, how should such differences be resolved?Should fans of new technologies be extra cautious? Or should those who resist new technologies be expected to “get with the times”?
Marriott Resorts had a formal company party for more than 200 employees. At one point during the party, the company aired a videotape that compiled employees’ and their spouses’ comments about a household chore they hated. However, as a spoof, the video was edited to make it seem as if they
Richard Fraser, an at-will independent insurance agent for Nationwide Mutual Insurance Company, was terminated by Nationwide and the parties disagree on the reason for Fraser’s termination. Fraser argues that Nationwide terminated him because he filed complaints regarding Nationwide’s allegedly
A customer service representative at an electronics store is surfing the internet using one of the display computers. She accesses a website that shows graphic images of a crime scene. A customer in the store who notices the images is offended. Another customer service representative is behind the
The term cybersquatting refers to the practice of registering a large number of website domain names hoping to sell them at huge prices to others who may want the URL or who are prepared to pay to get rid of a potentially confusing domain name. For instance, People for the Ethical Treatment of
Term papers on practically every subject imaginable are available on the internet. Many of those who post the papers defend their practice in two ways: (1) These papers are posted to assist in research in the same way any other resource is posted on the web and should simply be cited if used and
A college provided its security officers with a locker area in which to store personal items. The security officers occasionally used the area as a dressing room. After incidents of theft from the lockers and reports that the employees were bringing weapons to campus, the college installed a video

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Business Ethics Decision Making For Personal Integrity And Social Responsibility 5th Edition Laura Hartman, Joseph DesJardins, Chris MacDonald - Solutions

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