Exam 2: Ethics ant the law

Fact pattern 2-2 Wally who has been hired as the human resource manager for a company that has recently formed and started operation comes to you for advice regarding the need for an ethics policy.He tells you that he believes that appointing a lower-level person to address any ethical concerns is sufficient because higher levels in the company do not need to be concerned about anything that does not directly involve a violation of the law. -Refer to fact pattern 2-2.What would you advise Wally regarding his plan to only have a lower level employee in charge of addressing all ethical issues?

Which of the following is a stakeholder of a corporation?

According to the Kantian theory of universalizability,the ethical worth of an act is determined by whether one

Boycotting is a way in which customers show displeasure with unethical corporate activity.

The two main schools of ethical thought are teleological and deontological.

Utilitarianism operates under the proposition that the ideal is to maximize the total benefit for everyone involved.

Which of the following is recognized as the primary obligation of directors of a corporation?

Nobel Prize winner in economics Milton Friedman asserts that the only guiding criterion for the corporation should be profitability within the confines of the law.

You have been promoted to an executive position in your company.You have just learned that your boss in a publicly traded company is involved in securities fraud,not only to keep his job but also to increase his annual bonus.What should you do about this? Explain your reasons.

As discussed in the text,which of the following is true regarding whether juror's care about a corporation's ethical reputation?

Which of the following is true regarding the penalties that may be imposed upon corporate executives who defraud investors?

Which of the following is not an example of St.Thomas Aquinas' requirements for a law to be just?

Discuss and explain the ethical business leader's decision tree referenced in the text.

Which of the following is part of Kant's categorical imperative?

Which of the following is the group given the ultimate legal authority to change management?

Which of the following is a term for a psychological disorder by which a person lacks empathy and fails to recognize boundaries and which is discussed in the text as a possible problem within the corporate world?

The Deontological theory focuses on the consequences of an action rather than on the motivation of the individual.

Which of the following is a federal law passed in 2002 in an attempt to reduce corporate wrongdoing?

Which of the following is true regarding the amount in 2005 that the average CEO took home in pay?

Which of the following is a term for a statute authorizing boards of corporations to take into account all stakeholders and constituencies even when a change in control or breakup of the corporation has become inevitable?