TABLE 4.2 ETHICAL ISSUES FROM ONE WEEK IN THE LIFE OF THE WALL STREET JOURNAL 1. Stealing
Question:
TABLE 4.2 | ETHICAL ISSUES FROM ONE WEEK IN THE LIFE OF THE WALL STREET JOURNAL |
1. Stealing | Taking things that don't belong to you |
2. Lying | Saying things you know aren't true |
3. Fraud and deceit | Creating or perpetuating false impressions |
4. Conflict of interest and influence buying | Bribes, payoffs, and kickbacks |
5. Hiding or divulging information | Concealing information that another party has a right to know or failing to protect personal or proprietary information |
6. Cheating | Taking unfair advantage of a situation |
7. Personal decadence | Aiming below excellence in terms of work performance (e.g., careless or sloppy work) |
8. Interpersonal abuse | Behaviors that are abusive of others (e.g., sexism, racism, emotional abuse) |
9. Organizational abuse | Organizational practices that abuse members (e.g., inequitable compensation, misuses of power) |
10. Rule violations | Breaking organizational rules |
11. Accessory to unethical acts | Knowing about unethical behavior and failing to report it |
12. Ethical dilemmas | Choosing between two equally desirable or undesirable options |
Based on the table above, answer the following questions:
- Is it ethical to take office supplies from work for home use? Make personal long-distance calls from the office? Use company time for personal business? Or do these behaviors constitute stealing?
- If you pretend to be more successful than you are in order to impress your boss, are you being deceitful?
- Suppose you have a friend who works at the ticket office for the convention center where Shania Twain will be appearing. Is it cheating if you ask the friend to get you tickets so that you won't have to fight the crowd to get them? Is buying merchandise for your family at your company's cost cheating?
- How do you differentiate between a bribe and a gift?
- Is it immoral to do less than your best in terms of work performance? Is it immoral to accept workers' compensation when you are fully capable of working?
- If there are slight defects in a product you are selling, are you obligated to tell the buyer? If an advertised "sale" price is really the everyday price, should you divulge the information to the customer?
Accounting
ISBN: 978-0132690089
9th Canadian Edition volume 2
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood