Question: Chapter 4 Mini - Case Harry, Sirly, and Bo are in the midst of a heated discussion. As the chief operating officers of the U
Chapter MiniCase
Harry, Sirly, and Bo are in the midst of a heated discussion. As the chief operating officers of the UScream Ice Cream Corporation, they are reviewing the latest financial reports. Intense competition has resulted in deceased profits. Each of the three officers has their own view of how to reverse the current trend.
Harry suggests cutting costs by firing union employees and hiring replacement workers at lower wages. He has directed the firm's attorney to find a loophole in the contract that will allow for this action. Sirly protests, stating that Harry's proposal is unethical and unfair. Sirly feels that every stakeholder should be treated equally, and that profiting at the expense of others is foolhardy.
Bo agreeing in part with Sirly, states, We must be sensitive to all affected parties, but clearly our primary goal is to make a profit for our owners." In an attempt to resolve the conflict between Harry and Sirly, Bo offers an alternative suggestion: reduce the firm's charitable contributions until acceptable profit levels are realized. Sirly is outraged and reminds Bo of the social responsibilities that UScream Ice Cream has to the community, environment, suppliers, employees, and stockholders.
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Harry is concerned about the legality of firing union workers in order to hire workers willing to work for less pay. Harry values ethics, but has little concern for other types.
Group of answer choices
A integritybased
B compliancebased
C sociallybased
D policybased
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If management adopts Bo's suggestion of reducing UScream Ice Cream's charitable donations until profits stabilize, the company will essentially reduce its
Group of answer choices
A corporate citizenship
B nonprofit volunteerism
C corporate philanthropy
D RF factor
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Sirly recommends a marketing strategy aimed at increasing sales through the development of a positive corporate image. He suggests the first step towards this goal is to identify and evaluate the firm's programs for community involvement. Sirly is calling for a to be completed.
Group of answer choices
A strategic plan
B social audit
C socialist review
D corporate contribution index
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On which of the three ethics check questions would Harry primarily focus?
Group of answer choices
A Is it legal?
B Is it fair and balanced?
C How will it make me feel about myself?
D Is this a winwin situation?
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Bo's view tends to lean toward the concerns of investors, first and foremost. This is the view taken by
Group of answer choices
A Corporate philanthropists
B the view of Franklin D Roosevelt
C the late Milton Friedman, famous economist
D the view of a watchdog such as an environmentalist
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