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business
business ethics now
Business Ethics Now 6th Edition Andrew Ghillyer - Solutions
Visit the website for the Electronic Frontier Foundation (EFF) at www.eff.org.a. What does the EFF do?b. What is the EFF “Bloggers’ Rights” Project?c. What is the “Open Wireless Movement”?
1. Was Steve Collins wrong to send the e-mail? Why?2. Is Jane Williams overreacting in filing her formal complaint? Explain why or why not.3. What impact do you think any change in the employee privacy policies would have at Midland?4. What are Bill Davis’s options here?
Would your opinion change if you knew the cost savings from outsourcing were putting American radiologists out of a job? What if they were being read this way because there was a shortage of qualified medical personnel here? Would that change your opinion?
What will be the consequences for Steve, Larry, Mr. Johnson, and ComputerWorld?
Should your doctor be obligated to tell you where your tests are being read? Why or why not?
Storing private information in digital format simplifies the storage and transfer of that information and offers cost savings to companies that are (hopefully) passed on to their customers. Does using ID number instead of names meet their obligation to maintain your privacy in this new digital
Define the term telecommuting.
Summarize the employer position on privacy at work.
Summarize the employee position on privacy at work.
Explain the difference between thin and thick consent.
Define the term vicarious liability.
List four of the top categories of litigation related to Internet communications.
Define the term cyberliability.
1. Was this an ethical transaction? Explain why or why not.2. Montgomery “managed” the incident as requested. Is there any evidence to suggest that he did anything unethical?3. Should the auditors accept his explanation of “services rendered”? Why or why not?4. What kind of policies should
Visit the website for the Institute for Global Ethics (IGE) at www.globalethics.org.a. What is IGE’s stated purpose?b. Which five values does the IGE identify in building a code of ethics?c. How could a corporation benefit from the services of the Institute for Global Ethics?
Explain the term globalization.
1. Does the higher U.S. corporate tax rate provide sufficient justification for these inversion deals? Why or why not?2. Proponents of such deals claim that they are simply maximizing profits and shareholder value. Does that make them ethical? Explain your answer.3. Why did the U.S. Treasury
Why shouldn’t National just deliver the American version of CFS? If it works here, it should work there.
Visit the website for Walmart’s Global Ethics at http://www.walmartethics.com/Landing.aspx#a. Why did Walmart create a Statement of Ethics?b. Summarize how Walmart employees can contact Global Ethics.c. What guidance does Walmart give to employees looking for confirmation that they are making
Divide into groups of three or four. Each group must map out its proposal for restoring the ethical reputation of a multinational corporation that has been fined for one of the following transgressions: bribery, pollution, operating sweatshops, or employing child labor. Prepare a presentation
1. Was 1MDB a fraudulent venture from the beginning? Why or why not?2. How did the US Government become involved in the 1MDB saga?3. What does the involvement of so many financial institutions in the 1MDB scandal say about the general state of business ethics in international finance? Explain your
What is an MNC?
Which stakeholders will be affected by Kathy’s decision?
When is “operating in full compliance with local laws and regulations” unethical?
Explain the term utilitarianism.
Select your top five from DeGeorge’s guidelines for organizations doing business in less-developed countries, and defend your selections.
What is the UN Global Compact?
Explain the 10 key principles of the Global Compact.
What are the OECD Guidelines for Multinational Enterprises?
Can you think of a situation in which a multinational corporation would endorse one or the other? Or should they both be endorsed? Explain your answer.
List six characteristics of a tough market.
Provide three examples of unethical behavior by a customer.
The role of an ethics officer should not be ridiculed or taken lightly. The company implements an ethics policy and they establish a code of ethics to ensure the organizational commitment to ethical behavior. The ethics officer is the individual that managers or employees can turn when they need
If you were in Brad’s situation, how would you react?
Provide three examples of unethical behavior by a supplier.
When hiring an ethics officer, is it better to promote someone from within the company or hire someone from outside? Explain your answer.
List six key responsibilities of an ethics officer.
Give three examples of celebrating ethical behavior.
If you publicly celebrate ethical behavior, should you also publish punishment for unethical behavior? Why or why not?
List six examples of commitments that companies can make to win the trust of their shareholders.
Find out when your company’s code of ethics was last updated.
What is a reactive ethical policy?
What is a proactive ethical policy?
Would you say the company you work for is transparent? Explain your answer.
1. Why is “people, planet, profits” a more media-friendly message than a triple bottom-line approach to CSR?2. On what grounds could the CSR initiatives of a corporation be dismissed as “window-dressing”?3. What is meant by the term sustainable capitalism?4. Based on the information in this
1. If Global is paying a fair market price for drilling rights, are there any ethical violations here? Why or why not?2. Are the Global engineers as committed to “full disclosure” as they claim to be?3. Is Global Resources Corporation being socially responsible, or are its local initiatives
Did Claire do the right thing here?
Name two other terms that may be used for socially aware corporate behavior.
1. Which ethical standards are being violated here?2. Is the university being unreasonable in the high standards demanded in its Vendor Code of Conduct?3. Do you think the university would have developed the Vendor Code of Conduct without the aggressive campaign put forward by SOLE?4. How should
Do you think the customers will be convinced? Why or why not?
Review the annual report of a Fortune 100 company of your choice. What evidence can you find of triple bottom-line reporting in the report? Provide examples to support your answer.
1. Did Monsanto violate any ethical standards in developing genetically modified wheat and planning to sell it as a companion product to Roundup?2. What should it have done differently?3. Was it ethical for Monsanto to settle the litigation with no admission of responsibility or commitment to
Give four examples of a corporation’s legal obligations.
What do you think Mr. Jones’s reaction will be?
Do investors always invest money in companies to make a profit?
What is the instrumental model of corporate management?
What is the social contract model of corporate management?
Research Friedman’s article—what are the assumptions of his argument?
Do you agree or disagree with the social contract model? Why?
List the five major trends driving CSR.
Which one do you think is the most important? Why?
Explain why organizations are struggling to adopt CSR initiatives.
Why would customers be cynical of CSR initiatives?
Explain the term triple bottom line.
Explain the term ethical CSR.
Explain the term strategic CSR.
1. How did SIB’s status as an “offshore bank” facilitate Stanford’s alleged fraud?2. Why would investors be willing to sacrifice immediate access to the funds they deposited with SIB?3. What elements were missing from the governance structure of Stanford Financial Group?4. What was the
What could Marco have done differently here?
Review the website of the International Corporate Governance Network (ICGN) at www.icgn.org.a. What is the ICGN’s stated mission?b. How can this organization affect corporate governance in the business world?c. The ICGN offers “policy” guidance in several areas. Select one, and summarize how
1. In what way does this scandal demonstrate a lack of corporate governance on Tesco’s part?2. Were the actions taken by newly appointed chief executive Dave Lewis sufficient to address that lack of governance? Explain.3. Does the fact that the actions that led to the overstatement of profits had
Explain the roles of a corporate governance committee.
1. Which stakeholders were impacted by Blatter’s leadership at FIFA?2. Where were the failures in corporate governance in this case?3. Is there any evidence of good corporate governance in this case?4. What steps should the new president of FIFA take to restore corporate governance?
What do you think will happen now?
Review the annual report of a Fortune 100 company of your choice. Who serves on the board of directors for the company? Are there any designated “outside” directors? On how many other boards do those “outside” directors serve? What does the company gain from having these “outside”
1. Why is Ghosn’s arrest drawing global attention?2. Why is this being labelled “a palace coup”?3. Using internet research, summarize the events that have taken place in this case since April 2019.4. Why should Ghosn’s status and influence in Asia be a concern for prosecutors in this
1. Identify three examples of poor corporate governance in this case.2. Why do you think Bill Ackman remained so supportive of Valeant?3. Critics have described the Valeant board of directors as weak. Is that a fair assessment? Why or why not?4. Is the release of negative research information by a
If other evidence is found, then David Collins, the chief executive officer (CEO) of Chemco, and Marco will be fired and struggle to be hired in any other firm, if at all. Marco could have saved himself by “doing the right thing,” but is now at risk of being associated with the unethical
What is an outside director?
How are the stakeholders of GlobalMutual likely to react to this news? Explain your answer.
Which two scandals greatly increased the attention paid to the 1992 Cadbury Report?
Explain the “right balance” that Cadbury encourages companies to pursue.
Explain the difference between the King I and King II reports.
Explain the difference between “comply or explain” and “comply or else.”
What is the argument in favor of merging the roles of chairman and CEO?
What is the argument against merging the roles of chairman and CEO?
Explain the difference between a short-term and long-term view in the governance of a corporation.
Is it unethical to populate your board of directors with friends and business acquaintances? Why or why not?
What are INSEAD’s “CRAFTED” principles of governance?
Research a recent case of poor corporate governance and document how the company in question “had all its governance boxes checked.
Provide three examples of evidence that good corporate governance can pay off for organizations.
1. Is it ethical for U.S. regulations to put U.S. companies at an apparent disadvantage to their foreign competitors? Explain why or why not.2. If foreign companies pay bribes, does that make it OK for U.S. companies to do the same? Explain why or why not.3. If you could prove that new jobs, new
Locate the website for Berlin-based Transparency International (TI).a. What is the stated mission of TI?b. Explain the Corruption Perception Index.c. Which are the least and most corrupt countries on the index?d. Summarize how the “Together Against Corruption: Transparency International Strategy
1. SOX has introduced sweeping changes in the name of enforcing corporate ethics. Is it really a “fair” piece of legislation? Explain your answer.2. Do U.S. ethical problems give us the right to demand ethical controls from international companies based outside the United States?3. Does the
What was the primary purpose of the FCPA?
1. Why would a political or business organization choose to pursue astroturfing?2. If these astroturf organizations are funded by such large companies, why don’t those companies just spend their money on large advertising campaigns?3. Why would an organization need to use a public relations firm
1. Why would illegal marketing activities feature so frequently in the pharmaceutical industry? At what point would they be considered endemic?2. Why would pharmaceutical companies choose to continue such practices even when it is made clear that they are illegal?3. What should the respective
What is the maximum fine that can be levied?
What is the maximum term of organizational probation?
What is the “death penalty” under FSGO?
What are aggravating and mitigating factors?
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