1. Suppose, as CEO of the Smart Phone company, that you were close to reaching a sales target for this period but needed to ship as many products as possible before year end. You asked the VP Finance, who is a Certified Management Accountant, to arrange with the VP Marketing for early delivery of orders currently scheduled for delivery in the next period. The VP Finance agrees. According to the Institute of Management Accountants Statement of Ethical Professional Practice, is this practice unethical? Which professional standards are relevant in this situation?

2. When setting the ethics level for your company during the simulation, which factors were most important in your decision about which ethics level to choose? Which groups of people were likely to be affected by your decision?

3. During the simulation several companies set different ethics levels. Did you notice any connection between the ethical level and performance of your company or other companies? Consider both financial and nonfinancial performance. Were there any conflicts between achieving high ethics and high performance? If so, how did your company or other companies in the simulation resolve the conflict? In retrospect, how should your company have resolved conflicts between social responsibility and financial performance? Give examples of particular decisions you made.