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business
business ethics

Questions and Answers of Business Ethics

Is Herman Miller bluffing with “green marketing”?Would Albert Carr (Reading 2.4) support Herman Miller’s actions for different reasons? P-6523
Is it troublesome that Herman Miller’s profits were off when Foley made the decision? P-6523
Evaluate Foley’s decision on changing the Eames chair woods. Consider the moral standards at issue for various stakeholders. P-6523
Discuss the disincentives that countries such as Guatemala have for developing their own biofuels markets. P-6523
Explain the stakeholders in the biofuels movement.Does sustainability increase poverty? Is sustainability to the benefit of some countries at the expense of other countries? P-6523
Discuss the meaning of this statement within the context of the biofuel movement and the impact on countries such as Guatemala: “Good intentions don’t always produce good results.” P-6523
What other consequences do you see from the site’s operations and for whom? P-6523
List the stakeholders affected by the business that Ashley Madison is running. P-6523
The Ashley Madison website does not violate the law, so why do we worry about the site? P-6523
Explain the risks of business owners being involved in political issues. P-6523
Explain the risk of cancelling businesses because of political views. P-6523
Were there ethical lapses in this situation? By whom?What were those lapses? P-6523
Explain the distinction between this situation and the artistic freedom cases. Should someone lose their business for sharing footage of a customer? P-6523
Would Time Warner have made the same decision in this case as it did with Ice-T? Why or why not? P-6523
Is it acceptable to commit an ethical breach to accomplish a social goal? P-6523
Evaluate the employee’s decision to release confidential Netflix documents. Which ethical category does that action fall under? P-6523
What is the same? What lessons could managers learn from how this situation was handled? P-6523
What is different about this situation from the others? P-6523
Offer your thoughts on Ice-T’s role on television as a police officer and his acceptance by the public. P-6523
What was Time Warner’s purpose in firing Morris? By November 1995, Time Warner’s Levin had fired Michael Fuchs. What message is there for executives in controversial products? P-6523
Would shareholder objections influence your response to such a controversy? P-6523
Evaluate the First Amendment argument. P-6523
Would you have taken Levin’s position? P-6523
Was Ice-T’s song an exercise of artistic freedom or sensationalism for profit? P-6523
Review Walmart’s pay structure issue and determine what its goals are with its workforce. Describe the trade-offs being made as wages increase. Do all employers make economic trade-offs as they
Discuss government’s role in structuring wage markets. What effect do government unemployment benefits have on wages? P-6523
What is the purpose of the minimum wage law? P-6523
Discuss the effects of an increase in the minimum wage. P-6523
Explain which stakeholders are involved in minimum wage decisions. P-6523
Apply the Bathsheba Syndrome (Reading 2.5) to this case. List the factors you can find in Shkreli that are part of that syndrome. Is it possible to curb the behaviors of someone like Shkreli? Why
Make a list of the costs to the business of Mr. Shkreli’s approach to business profits. P-6523
Explain the economics of drug production and pricing. P-6523
Explain Mr. Shkreli’s business model and approach to returns for investors. P-6523
In 2001, Jim Collins included Fannie Mae in his book Good to Great. His praise for Fannie Mae and its financial performance was glowing. In addition, he characterized Fannie Mae as a model corporate
The theory of moral hazard holds that failure is a necessary part of an economic system. Where would this theory have applied in preventing the demise of Fannie Mae? Be sure to look at all aspects of
Evaluate the pep talk of the vice president of risk operations and its effect on Fannie Mae’s culture. Are there some ideas for your credo that stem from the conduct and responses of various
Why was dealing with the volatility not the issue? Why were the changes in the numbers necessary? P-6523
What observations can you make about incentive plans and earnings management? Incentive plans and internal controls? P-6523
List the signals that were missed in Fannie Mae’s devolution. Were they missed or ignored? Evaluate the actions of Barnes and Fannie Mae’s response to him.185 P-6523
Consider the ethics recognition that Fannie Mae received and the reasons given for those awards. Then consider that Fannie Mae was rated by Standard &Poor’s on its corporate governance scoring
What distinction does Kelly make about shareholder ownership? P-6523
List the differences in perceptions between Friedman and Kelly about corporations. P-6523
What is Mackey’s concept of interdependent constituencies? P-6523
Explain Mackey’s theory about entrepreneurs and why they go into business. P-6523
Can you describe a situation in which his tools may not be effective? What are the costs to the company if his tools fail to halt the opposition of stakeholders to a proposed corporate action? P-6523
What does Halfon see as the proper tools for handling stakeholder objections? P-6523
Would the model mean that a tobacco company could be labeled an “honest”company? P-6523
What is the difference between the authors’ eight questions and traditional measures of social responsibility? P-6523
Contrast the authors’ views with those of Friedman and stakeholder theory. P-6523
How does the company react when faced with negative disclosures? P-6523
How charitable is the company? P-6523
How does the company handle third-party ethics issues? P-6523
How does the company treat its employees? P-6523
How forthcoming is the company with information? P-6523
How honestly do product claims match with reality? P-6523
Does the company have a sense of propriety? P-6523
Does the company comply with the law? P-6523
McKinsey and Company, the century-old international consulting firm, was a consultant to Purdue Pharma, the company that produced the opioid OxyContin.Increasing addiction and death rates caused by
Most companies now disclose their carbon emissions each year. These disclosures include Scope 3 emissions, or greenhouse gases that are made by a company’s vendors but are not under the company’s
Pick two companies from the top and the bottom of each list as well as from the third-party rankings. Research those companies that give a list of reasons for their rankings as well as the wide
Why are the lists so different? What explains the completely different results?Are there any companies that cross the lists? Think about this question to help you: What is being measured that makes
Should these factors be part of the Google and CSR debates on the weapons screens? P-6523
Does a powerful military deter war? P-6523
At this time, Disney is also now facing boycotts for its position on the bill.What would Friedman’s view be on this issue? P-6523
Is there any way to address the issue without risking the alienation of some stakeholders? P-6523
Analyze the type of issue Disney was facing. Who were the stakeholders? P-6523
Explain the categories of stakeholders and why there is disagreement among scholars about who should be included as stakeholders. P-6523
Which Stakeholders and What Priority? P-6523
Was there a regulatory cycle issue underlying Mr.Kaepernick’s actions? What was it? Who was affected?Could the NFL have taken a position on the regulatory cycle issue? P-6523
Milton Friedman once noted that there are some social issues that affect businesses where no one wins when those issues take hold. He noted that no matter what position businesses take on social
Based on your CSR readings so far, what are some strategies that businesses can use in shaping their regulatory frameworks? P-6523
Name some issues that you have seen or are seeing moving through the regulatory cycle. As a starting point, think about an issue that you face that is annoying or the practices of businesses when you
During the COVID-19 pandemic, some businesses discovered that their employees were far more productive when working from home. Other businesses discovered that their employees were less productive
In thinking about the pension funding issue, explain the ethical analysis that the companies did in offering two sets of numbers on funding: one for purposes of SEC disclosure and one based on the
Suppose that the federal government proposed a tax on businesses for the number of miles driven by the vehicles used in their business. Which of the scholars whose work is explained in the reading
What were the views of Berle and Dodd and how did they differ in their approach to CSR? P-6523
What issues were being addressed by businesses in the Phase 1 stage of CSR, and how were they resolved? P-6523
Are others in the industry doing the same thing? P-6523
Are the company’s actions fair or do they put someone at risk? P-6523
If it has not disclosed the loophole, what are the company’s reasons for keeping it close to the vest? P-6523
Has it disclosed what loophole it is using? P-6523
Is the company capitalizing on a loophole in the law? P-6523
What concerns are academics and others expressing about the product, its production, and the future? P-6523
What is the topic of discussion in the industry? P-6523
How far does social responsibility take the company? Are companies, for example, required to refrain from price increases because of inflation in the name of its good for society? And are they
Who makes the decisions about what is and is not socially responsible behavior? P-6523
What is the scope of social responsibility? P-6523
Compare and contrast the various views on social responsibility of Berle, Dodd, Friedman, Drucker, Bowen, Entine and Jennings, Robert Halfon, John Mackey, and Marjorie Kelly. P-6523
Describe the types of factors used in rating the social responsibility of businesses. P-6523
Define stakeholders and discuss why they are important in ethical analysis for businesses. P-6523
Explain what the regulatory cycle is and how it relates to social responsibility. P-6523
Discuss the history of social responsibility and how it evolved. P-6523
Explain what we mean by “ethics.”? p-698
List the categories of ethical dilemmas and give examples of each.? p-698
Discuss the sequential process for analyzing ethical dilemmas.? p-698
Describe the psychological tools we use to justify unethical conduct.? p-698
Discuss the philosophical schools of thought on ethics and give examples of the application of their theories to ethical dilemmas.? p-698
Provide examples of questions to apply in resolving ethical dilemmas.? p-698
Apply the ethical schools of thought and questions to the cases and questions in the chapter to develop answers to the ethical dilemmas presented.? p-698
Why did they not raise those questions?? p-698

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