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business
business ethics

Questions and Answers of Business Ethics

How would you distinguish a job from a career from a calling?
Explain at least three different meanings of the word work. Do any of these meanings include some value component?
Put yourself in the position of someone who is establishing an organization from the ground up. What type of leader would you want to be? How would you create that image or perception? Do you create
You are aware of inappropriate behavior and violations of your fi rm’s code of conduct throughout your operation. In an effort to support a collegial and positive atmosphere, however, you do not
What are some of the greatest benefi ts and deleterious costs of compliancebased cultures?
One element that surely impacts a fi rm’s culture is its employee population.While a corporate culture can shape an employee’s attitudes and habits, this will be more easily done if people with
Now that you have an understanding of corporate culture and the variables that impact it, how would you characterize an ethically effective culture, the one that would effectively lead to a profi
Changing a corporate culture is very diffi cult. Imagine that you are asked by your chief executive to help move your fi rm toward the use of a triplebottom-line accounting model in which
Consider how you evaluate whether a fi rm is “one of the good guys” or not. What are some of the factors that you use to make this determination?Do you actually know the facts behind each of
To help understand an organizational culture, think about some organization to which you belong. Does your company or school or fraternity/sorority have its own culture? How would you describe it?
Why is sustainability a strategic goal for business?
How does the stakeholder emphasis of the creation of stakeholder value differ from the economic model?
Explain the stakeholder theory of corporate social responsibility, its ethical rationale, and two challenges to it.
How does the modifi ed version of the economic model with its notion of a “moral minimum” differ from the economic model of corporate social responsibility?
Explain the philanthropic model of corporate social responsibility. To what degree do you think it differs from the economic model?
What are the two ethical justifi cations for the economic model of corporate social responsibility? What are the most signifi cant challenges facing these justifi cations?
Explain the connection between the economic model of corporate social responsibility and “free market” or “neoclassical” economic theory.
Develop a list of virtues and vices. As a helpful way to begin, think about the pledge offered by Boy Scouts and Girls Scouts that begins: “A scout is trustworthy, loyal, helpful. . . .” Are
How does principle-based ethics establish a connection between individual rights and the nature of human beings?
How are utilitarian ethics relevant to business? Explain at least three major challenges to utilitarian ethics.
Distinguish between utilitarian, principle-based, and virtue-based approaches to ethics. What are the strengths and weaknesses of each?
Describe ethical relativism and at least three philosophical challenges to this position.
Other than business managers and owners, which other constituencies might have a stake in business decisions?
How would you answer someone who asked: “Why should I study ethics if I want to be an accountant?”
This chapter introduced a distinction between morality, virtues, and social ethics. How would you describe each?
How is descriptive business ethics different from normative business ethics?
What is the difference between “ethics” and “ethos”?
What are values? What is the difference between ethical values and other types of values? What is the difference between “value” when used as a verb, and “value” when used as a noun?
Describe several reasons why ethics is relevant to business. Can a “good business” be an unethical business?
What questions or tests could you apply to reach a conclusion about the ethics of Costco’s marketing of the rings? p-687
Is “Tiffany ring setting” a generic term? Why is that issue important? p-687
Explain, apart from the legal issues, what the ethical issue and category is in the case. p-687
With the issue in activism, what disadvantages do the manufacturers now face? p-687
Would advance disclosure be an important part of regulation? p-687
As you balance the arguments each side makes, where is the greater protection for those buying the goods? p-687
What ethical categories would you assign to the way manufacturers are handling their customer repairs? p-687
Why is Louis Vuitton so concerned about the use of its products in a film such as The Hangover Part II? p-687
How would you react to your product being lionized in a silly film? Is there marketing potential? p-687
In law there is the doctrine of unclean hands, which means that you cannot collect for harm from another when you were imposing the same harm on the party against whom you make the claim. Is that
Should Mattel have done more to protect its trade secrets? Is an agreement with an employer necessary to keep you from taking trade secrets to your next employer? p-687
List each of the ethical issues you see and classify them in categories. p-687
One expert commented that the litigation “killed” the Bratz line and nearly destroyed MGA as a competitor.Were the competitors killing each other? p-687
Is there a line in competition between competing and self-destruction? p-687
Why would the judge refer to Penney’s behavior as adolescent? What about Ms. Stewart’s behavior? What ethical categories would you assign to their actions? p-687
What conflict of interest exists when Mr. Bezos is the owner of a newspaper? p-687
Is Amazon’s failure to sell certain books as a means of controlling pricing ethical? p-687
What are the implications when a company is found guilty of antitrust law violations? What types of penalties are imposed? p-687
In its inception, as a bookseller, Amazon enabled publishers to break through the hold that bookstores had on the success of their books. When readers could order books online from a store that just
What strikes you about the methods of competition in the publishing world? Any ethical issues and in what categories? p-687
Would you warn a tenant about a lease expiration if you thought you could benefit from it? What is the ethical category? p-687
What lessons can businesses learn from this experience? p-687
If the judge had ruled in the case, why did the dispute continue? p-687
What is the role of the customer as stakeholder in your ethical analysis? p-687
Do deep discounters benefit from the services and information provided at stores that do not do the deep discounting? p-687
Is it fair for some stores to carry Brighton products at a discount but not provide the service and ambience that the company is seeking for its products? What is the ethical issue or category in
Some online retailers provide pricing information to help customers. For example, Stamps.com provides its customers with a choice between UPS and the post office (USPS). There is a pop-up that tells
Should the online retailers disclose the pricing differentials? What ethical category is involved with the pricing differentials? p-687
Do pricing differentials help or hinder competition? p-687
Which of the statements would you feel comfortable using? p-687
What risks do you see in competitors making each of the statements? p-687
Evaluate each of the statements from an ethical perspective. p-687
The judge in the appellate case closed his opinion with these eloquent thoughts: p-687
What do you learn about ethics in the litigation process? p-687
What lessons about competition and ethics can a business learn from this case? p-687
Describe how Harman and Trinity behaved as competitors and assign ethical categories to each of their actions, on both their products and during their litigation. p-687
List the ethical categories you see in the conduct of the parties in this case. p-687
Explain the False Claims Act and who gets how much when a contractor makes false statements or fraudulent claims for federal monies. p-687
Is Smith right, that a longer climb to success is better for the individual and his friends? Be sure to return to Units 4–8 to think through the stories of those who did enjoy sudden success and
What are the ethical issues in resenting others’ success and in turning against them? p-687
What happens to our relationships with those who enjoy success very quickly? p-687
Where does “fair play” fit into ethics? Competition? Law? p-687
What components of a personal credo would have helped in this situation? p-687
The following clause appears in the former Starwood employees’ contracts:[Employee] acknowledges that during the course of his/her employment with [Starwood], Employee will receive, and will have
In developing a concept for a new chain (Denizen is geared at the high-end market), companies spend years and millions of dollars on studying consumer needs and preferences, social trends, lighting,
What lessons should companies and employees leaving companies learn from this case? p-687
Is there a compromise solution available to the parties based on what you learned from reading the Primer on Covenants Not to Compete (Reading 9.1)? p-687
Do you believe the reason Mr. Botticella gave for downloading the files? p-687
Apply the ethical categories to Mr. Botticella’s actions in which you see an ethical issue and decide which categories apply to those actions. p-687
What needs to be balanced in this case? What are the parties’ interests at issue? p-687
Is there some other type of restriction Hallmark could place on its talent to stop the poaching? p-687
Would it be possible for Hallmark to have exclusive contracts with its talent? p-687
Is it ethical for Mr. Abbott to use the Hallmark formula and recruit the Hallmark talent? p-687
Could Hallmark have protected its formula for television success? p-687
What advice would you give to employers about the computers of employees who are departing for another job? p-687
Are there any prevention tools that might have helped the colleges from becoming involved in the resulting litigation? p-687
What about the conduct of the employees in altering the database so that it could no longer be used? What categories apply there? p-687
Evaluate the ethics of Ms. Miller in her recruitment efforts.What category of ethical issue applies to her conduct? p-687
What alternatives exist to covenants not to compete? p-687
What is the balance in covenants? p-687
Discuss the extent of intellectual property protections and when rights are infringed. p-687
Explain the legal and ethical standards of fairness in competition. p-687
Understand when covenants not to compete are needed and valid. p-687
Beech-Nut’s market share went from 19.1% of the market to 15.8%, where it has hovered ever since. Why?What were the costs of Beech-Nut’s fake apple juice and its “cat-and-mouse game”? Do you
Why do you think Hoyvald and the others thought they could get away with the adulterated juice? Why did they play the “cat-and-mouse” game with the FDA?What principles about ethics have you
Is it troublesome that Hoyvald and Lavery escaped sentences on a technicality? Was the sentence too light?? p-258
Why did LiCari feel he had to leave Beech-Nut? Why did LiCari write anonymously to the FDA?? p-258
Using the various models for analysis of ethical dilemmas that you have learned, point out the things that Lavery, Hoyvald, and others in the company failed to consider as they refused to deal with
What pressures contributed to Beech-Nut’s unwillingness to switch suppliers?? p-258
Did LiCari follow the lines of authority in his efforts? Is this important for a whistleblower? Why?? p-258
No one was ever made ill or harmed by the fake apple juice. Was LiCari overreacting?? p-258

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