Exam 3: Ethics and Business Decision Making

No one believes that judging a job candidate based on what he or she does outside the work environment is ethical.

In deciding questions of corporate social responsibility,Valley Disposal & Recycling,Inc.,is concerned with

Adhering strictly to all business laws is all that is necessary to fulfill all business ethics obligations.

Flexo Trucking Company transports hazard-ous waste.Garn is a Flexo driver,whom the company knows drives longer hours than federal regula-tions permit.One night,Garn exceeds the limit and has an accident.Spilled chemicals contaminate Hill City's water source,forcing the residents to move away.Flexo acted unethically because

Management's behavior sets the ethical tone of a firm.

In making decisions for Smartt Investments,Rita uses a cost-benefit analysis.This is a part of

At a meeting of employees,Fuel Injection Design & Manufacturing,Inc.'s managers announce the creation of a new company-wide code of ethical conduct and the initiation of an ad campaign to publicize the new code.They also say that any employees who do not adhere to the code will be discharged.The effectiveness of this code will be determined by

Ethics can be highly subjective and subject change over time.

Olaf,an executive with Pharma Product Distribution,Inc.,has to decide whether to market a product that might have undesirable side effects for a small per-centage of users.How should Olaf de-cide whether to sell the prod-uct? How does the standard of ethics that is applied affect this answer?

Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that

Ethics is less certain than law.

Ridgeline Excavation & Construction,LLC,creates an internal code of ethics.Like the codes of other firms,Ridgeline's company code is not

According to utilitarianism,it matters how many people suffer a negative effect from an act.

Peak & Vale Accountants provides other firms with accounting services.Questions of what is ethical involve the extent to which Peak & Vale has

MeatMen,Inc.spends a great deal of money and effort to ensure that all employees are safe on the job,that all products are safe for consumers,and that the environmental impact of the corporation is minimal.MeatMen appears to strongly believe in the concept of

Richard suspects his supervisor of unethical accounting practices.However,he does not want to lose his job if he reports the supervisor and the supervisor finds out who reported him.An important feature of online reporting systems like NAVEX Global is

David,the chief accounting officer of Tension Fencing Corporation,wants to be sure that all the company's accounts are legal and ethical.Sometimes,however,he is unsure exactly what is legal and what is illegal.David should

Some companies set up confidential systems for employees to "raise red flags" about suspected unethical practices.

Margaret is the top manager of Pecans,Inc.She sets strict ethical standards for all employees.Margaret,however,often takes some of the company's best nuts and sells them from her house.The ethical tone at Pecans,Inc.is

John is sales manager for Kleen 'N Brite Products,Inc.Compared to John's personal activities,his business activities most likely involve