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business
business ethics
Business Ethics Decision Making For Personal Integrity And Social Responsibility 5th Edition Laura Hartman, Joseph DesJardins, Chris MacDonald - Solutions
What are the advantages and disadvantages of private regulation compared to imperative regulation for ensuring ethical conduct in the chemical industry?
Would you say the programme is likely to be sufficient to ensure ethical conduct in the chemical industry? If not, what else is necessary?
What is the difference in your mind, and in your common usage, between a perception, a generalization, and a stereotype? Can you give an example of each? After doing so, go to the web and find dictionary-equivalent definitions of the terms to determine whether your common understanding is the
What do you think will be the major new ethical issues and problems that businesses will have to face over the next decade? Do you see the themes of gender and other inequalities, alternative business models, and digitalization gathering pace, or decelerating on business agendas in future years?
Compare the challenges posed by globalization and sustainability to business ethics thinking and practice. Which do you think will prove to be the greatest challenge?
A particular research study provides some evidence that those born between 1979 and 1994 are perceived as “impatient, self-serving, disloyal, unable to delay gratification and, in short, feeling that they are entitled to everything without working for it.” The study dubs this group
What are the particular ethical problems and issues that are likely to be faced by companies from emerging economies? What approaches to business ethics thinking and practice are likely to be appealing and suitable for such companies?
What are the major implications of corporate citizenship ideas for each major stakeholder group?How well placed is each group to influence the decisions and actions of corporations?
As a result of rising health care costs and the challenge to contain them, companies are trying to encourage employees to take better care of themselves, and some are even penalizing employees if they do not. In 2012, Walmart Inc. started charging tobacco-using employees higher health care
What are the benefits and drawbacks of adopting a pluralistic approach to normative ethical theory in business ethics?
Account for the prevalence of ethical codes in global business. To what extent do you consider such a development to be beneficial to the improvement of business ethics?
Who are the main stakeholders involved in the project and what are their main concerns and interests?
Provide a ranking of these stakeholders according to either instrumental or normative principles, listing the criteria used in your ranking.
You run a small consulting business that serves a relatively diverse community and have twenty-four employees in professional positions. You are not subject to Executive Order 11246. You are concerned that, of the employees in professional positions, your workplace has only one African American, no
What methods has the company adopted so far in incorporating the interests of these stakeholders in its decision-making?
How would you recommend it proceed to enhance its stakeholder democracy ?
You are a senior global human resource manager for a large apparel retailer that purchases goods from all over the world. The media have focused a great deal of attention on the conditions of your suppliers’ workplaces and, for myriad reasons including a strong commitment to your values-based
As a project manager, Kelly is leading a team on an international business trip where she is scheduled to do a presentation on its project and to negotiate a deal. Just a few days before the trip, Kelly gets a call asking whether she is willing to let a male member of her team do all the talking
Fortune magazine compiles a “Best Companies to Work For” list every year. Go to its website, http://fortune.com/best-companies/, and review the full list. See if you can spot trends or similarities, if any, among the listed companies and find policies or programs that you think may help attract
Distinguish between the two distinct perspectives of the ethics of workplace relationships.
Explain the concept of due process in the workplace.
Define employment at will (EAW) and its ethical rationale.
Describe how to downsize in an ethical manner.
Explain the difference between intrinsic and instrumental value in terms of health and safety.
Illustrate an employer’s responsibility with regard to employee health and safety and why the market is not effective at managing this responsibility.
Explain the basic arguments for and against regulation of the global labor environment.
Describe the argument for a market-based resolution to workplace discrimination.
Define diversity as it applies to the workplace, as well as its benefits and challenges.
Explain affirmative action and describe the three ways in which affirmative action may be legally permissible.
Do you think Dan Price is a hero? Why or why not? Are there any further facts that you would want to know before making a judgment about this case? In April 2019, the CEOs of seven of the largest U.S. banks were called to testify before the U.S. House Financial Services Committee.(Missing was the
Gravity Payments is privately owned by Dan Price and his brother. If Gravity were a publicly traded company with thousands of shareholders, would that change your view about the ethics of his decision? If so, in what way? In April 2019, the CEOs of seven of the largest U.S. banks were called to
If you were an employee at Gravity Payments, already making $70,000, how would you feel about employees who made half what you make suddenly making the same amount as you? In April 2019, the CEOs of seven of the largest U.S. banks were called to testify before the U.S. House Financial Services
Minimum wage laws are common in the U.S., Canada, and many other countries. Should there be a maximum wage law (perhaps by creating an upper limit on wages that can be deducted from tax bills)? In April 2019, the CEOs of seven of the largest U.S. banks were called to testify before the U.S. House
Would you accept this explanation and be content with your failing grade? If not, how would you defend your own opposing view?people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food,
Are there any relevant facts on which you would rely to support your claim?people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food, while I prefer a simple burger and fries. It is all
What values are involved in this dispute?people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food, while I prefer a simple burger and fries. It is all a matter of personal taste. You
What alternatives are available to you?people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food, while I prefer a simple burger and fries. It is all a matter of personal taste. You
Besides you and your teacher, are there any other stakeholders—people who are or should be involved in this situation?people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food, while
What reasons would you offer to the dean in an appeal to have the grade changed?people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food, while I prefer a simple burger and fries. It
If careful study showed that more people were being killed by automotive safety requirements than saved, would you be in favor of regulations that allowed manufacturers to make at least some cars that are less safe?The North American auto industry is heavily regulated. Fuel efficiency is, of
If a single potential car buyer opts to buy a motorcycle because cars are now too expensive for her, and if she dies or is injured in a motorcycle accident, should we blame regulators?The North American auto industry is heavily regulated. Fuel efficiency is, of course, regulated (by the
If regulators didn’t force car makers to install safety equipment, would consumer demand be enough to get car makers to do so anyway? Or would car makers abuse the fact that most consumers don’t know which safety features are really most worth paying for?The North American auto industry is
What consequences would this professor’s practice have on education?Often, people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food, while I prefer a simple burger and fries. It is
If reasoning and logical persuasion do not work, how else could this dispute be resolved?Often, people describe behavior they don’t approve of as “distasteful.” Ordinarily, we think of matters of taste as personal, subjective things. You enjoy spicy Indian food, while I prefer a simple burger
Employees have both human rights (as persons) and legal rights (as employees). Some rights—such as the right to be treated equally regardless of sexual identity—have only quite recently been recognized as legal rights. For example, in 2015 the U.S. Equal Employment Opportunity Commission ruled
Dan Price’s decision to pay Gravity employees more required spending some of the company’s profits. Did this violate the rights of his brother, Lucas, given that Lucas wasn’t consulted first?Over the course of the year following Dan Price’s April 2015 announcement, he was embroiled in a
Dan Price’s announcement that he would himself be taking a substantial cut in pay (to pay for part of the raise his employees would be getting) came just two weeks after he learned that his brother was suing him. Does that change your assessment of the ethics of his decision to shift most of his
Using the vocabulary of virtue ethics, how would you describe your original impression of Dan Price? How would you describe him in light of the information on this page?Over the course of the year following Dan Price’s April 2015 announcement, he was embroiled in a legal battle with his brother
Explain the ethical framework of utilitarianism.
Describe how utilitarian thinking underlies economic and business decision making.
Explain how the free market is thought to serve the utilitarian goal of maximizing the overall good.
Explain some challenges to utilitarian decision making.
Explain the principle-based, or rights-based, framework of ethics.
Explain the concept of human rights and how they are relevant to business.
Distinguish moral rights from legal rights.
Explain several challenges to principle-based ethics.
Describe and explain virtue-based framework for thinking about ethical character.
Is it accurate to describe a CEO who is paid $19 million annually as “greedy”? How about a $90 million payment upon retirement?
In the 1987 movie Wall Street, the character Gordon Gekko, played by actor Michael Douglas, famously claimed that “greed is good.”Is greed a virtue or a vice? Do greedy people tend to live a better or worse human life?
Not all ethical norms get entrenched in law. In which philosophical tradition—consequences, rights, or virtue—are we most likely to find norms that have ended up becoming laws?
What makes a decision or issue an ethical one? How would you explain the differences between ethical/nonethical, on one hand, and ethical/unethical, on the other?
What ethical disputes or dilemmas have you experienced in your own workplace? What about in a club or student group you belong to? How were these disputes or dilemmas resolved?
Do an internet search on international human rights and/or fundamental moral rights. Can you find any moral rights that seem to be universally acknowledged across all cultures?
Why might economic growth be considered a utilitarian goal?
Some political philosophers understand the ethical foundations of legislatures to be utilitarian, while the ethical foundation of the judiciary is deontological. How would you explain this distinction?
If the right to autonomy is the right to make your own free and deliberate choices, what limits do you think there must be on that right? Does the right to autonomy literally allow us to do anything we want?
The right of private property is often described as a “bundle” of rights. What rights are involved in ownership of property? Given this understanding, should shareholders be considered owners of corporations?
Can such character traits as honesty, loyalty, trustworthiness, compassion, and humility be taught? Do people learn to be selfish, greedy, or aggressive, or do these traits come naturally?
Do professionals such as physicians, accountants, and lawyers have duties and obligations that other people do not? Where would such duties come from?
Uncovering unethical/illegal behavior and reducing meltdowns, helping your firm to either avoid or reduce fines and/or criminal charges. Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you
Raising awareness of ethical and legal issues.Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you have been assigned responsibility for creating it. You have been asked to report back to your
Serving as a resource for guidance and advice.Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you have been assigned responsibility for creating it. You have been asked to report back to your
Ensuring more accurate reports of wrongdoing.Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you have been assigned responsibility for creating it. You have been asked to report back to your
Encouraging greater customer loyalty, resulting in increased sales and better reputation.Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you have been assigned responsibility for creating it.
Encouraging staff to incorporate firm values in decision processes.Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you have been assigned responsibility for creating it. You have been asked to
Enhancing employee commitment and loyalty to the organization, resulting in higher productivity.Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you have been assigned responsibility for
Raising satisfaction of external and internal stakeholder needs (all resulting in more effective financial performance).Imagine that you work in the Human Resources department of your company. Your CEO has asked your department to develop an ethics program for the firm, and you have been assigned
List the issues you think should be addressed in a code of ethics.Play the role of this HR person in several different types of businesses: a fast-food restaurant, an automobile dealership, a retail store selling consumer electronics, a government agency, and a large international corporation.
Other than a code of ethics, what other elements would you include in an ethics program?Play the role of this HR person in several different types of businesses: a fast-food restaurant, an automobile dealership, a retail store selling consumer electronics, a government agency, and a large
How will you define “success”? Are there any facts that you will need to gather to make this judgment?Play the role of this HR person in several different types of businesses: a fast-food restaurant, an automobile dealership, a retail store selling consumer electronics, a government agency, and
How would you measure success along the way? How will you measure whether your ethics program is “working” before you reach any end objective?Play the role of this HR person in several different types of businesses: a fast-food restaurant, an automobile dealership, a retail store selling
Whom will you define as your primary stakeholders?Play the role of this HR person in several different types of businesses: a fast-food restaurant, an automobile dealership, a retail store selling consumer electronics, a government agency, and a large international corporation.
What are the interests of your stakeholders in your program and what are the impacts of your program on each stakeholder? How might the measurement of the program’s success influence the type of people attracted to the firm or people who are most motivated within your organization?Play the role
How will you answer the CEO’s questions about her own role in promoting ethics?Play the role of this HR person in several different types of businesses: a fast-food restaurant, an automobile dealership, a retail store selling consumer electronics, a government agency, and a large international
Do you think it is fair for Barra to be held responsible for mistakes made under prior CEOs? If not, then how do we hold organizations responsible once a leader departs? Was it sufficient merely to fire the fifteen lower-level employees?Today’s GM will do the right thing. That begins with my
What additional facts might you need to uncover, if any, to respond to this particular issue?4. Do you see any additional ways to respond to the issue(s) facing Barra? If you were Barra, what else might you do at GM to (1) respond to this particular issue and (2) modify the culture?Today’s GM
Who are Barra’s primary stakeholders in her most pressing decisions right now?Today’s GM will do the right thing. That begins with my sincere apologies to everyone who has been affected by this recall, especially the families and friends [of those] who lost their lives or were injured. I am
What would you suggest might be Barra’s most effective ethical strategy for decision making at present?Today’s GM will do the right thing. That begins with my sincere apologies to everyone who has been affected by this recall, especially the families and friends [of those] who lost their lives
What are the ethical issues involved in striving to define or impact the culture of a unit?You are a corporate vice president of one of the largest units in your organization. Unfortunately, you have noticed over the past few years that your unit has developed a singular focus on profits, since
How might you go about defining the culture of your unit so that employees might be able to understand your concerns?You are a corporate vice president of one of the largest units in your organization. Unfortunately, you have noticed over the past few years that your unit has developed a singular
What will be the most effective means by which to alter this culture?You are a corporate vice president of one of the largest units in your organization. Unfortunately, you have noticed over the past few years that your unit has developed a singular focus on profits, since employees’ performance
What stakeholders would be involved in your suggestion in response to the previous question? How might the different stakeholder groups be impacted by your decision on this process?You are a corporate vice president of one of the largest units in your organization. Unfortunately, you have noticed
How can you act in order to ensure the most positive results? How will you measure those results or determine your success? Will you measure inputs or outcomes, responsibilities, and rights?You are a corporate vice president of one of the largest units in your organization. Unfortunately, you have
Should ethics officers guarantee confidentiality to those who report wrongdoing, and should they violate that confidence to protect the firm from prosecution?Protecting confidentiality is one of the most effective tools in creating a corporate culture in which illegal and unethical behavior can be
What facts would you want to know before making this decision?Protecting confidentiality is one of the most effective tools in creating a corporate culture in which illegal and unethical behavior can be uncovered.Corporate ethics officers, ombudspersons, and ethics hotlines typically guarantee that
Can you imagine any creative way out of this dilemma?Protecting confidentiality is one of the most effective tools in creating a corporate culture in which illegal and unethical behavior can be uncovered.Corporate ethics officers, ombudspersons, and ethics hotlines typically guarantee that any
To whom does the ethics officer owe duties? Who are the stakeholders?Protecting confidentiality is one of the most effective tools in creating a corporate culture in which illegal and unethical behavior can be uncovered.Corporate ethics officers, ombudspersons, and ethics hotlines typically
What are the likely consequences of either decision? What fundamental rights or principles are involved?Protecting confidentiality is one of the most effective tools in creating a corporate culture in which illegal and unethical behavior can be uncovered.Corporate ethics officers, ombudspersons,
To help understand an organizational culture, think about some organization to which you belong. Does your company, school, or fraternity/sorority have its own culture? How would you describe it? How does it influence individual decision making and action? Would you be a different person had you
Consider how you evaluate whether a firm is “one of the good guys” or not. What are some of the factors you use to make this determination? Do you actually know the facts behind each of those elements, or has your judgment been shaped by the firm’s reputation? Identify one firm you believe to
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