Exam 10: Moral Choices Facing Employees

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To resolve difficult moral dilemmas, the better we understand the exact ramifications of the alternatives-the more likely we are

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Shaw and Barry mention three arguments for legally protecting trade secrets. Which of these is one of them?

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According to one expert's definition, whistle blowing is conceptually restricted to reporting on activities that are harmful to third parties, violations of human rights, or contrary to the public purpose and legitimate goals of the organization.

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In the 1997 case of U.S. v. Hagan, the Supreme Court found that Hagan

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According to the Supreme Court,

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U.S. companies have a history of paying off foreign officials for business favors. Such acts were declared illegal by

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A kickback is a kind of bribe.

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The law precisely defines the concept of a trade secret, just as it does patents and copyrights.

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Inside traders ordinarily defend their actions by claiming that they don't injure

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Sometimes companies require employees to sign contracts restricting their ability to get a job with, or start, a competing company. Because they can conflict with freedom of employment, not all such "noncompete" or "nondisclosure" contracts are legally valid.

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Some writers deny that employees have any obligation of loyalty to the company, because

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The Supreme Court has rejected the idea that inside trading involves "misappropriating" confidential information.

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Prudential reasons are those moral reasons that are separate from self-interest.

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When faced with a moral decision, employees should follow the two-step procedure of identifying the relevant obligations, ideals, and effects; and then decide where the emphasis should lie among these considerations.

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What is insider trading?

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A whistle-blower

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Employees have no obligations to people with whom they have no business relations.

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Whistle-blowing involves exposing activities that are

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Experimental studies suggest that when informed that the advice they're receiving may be biased because of a conflict of interest,

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Justice Ginsberg and Arthur Levitt suggest that allowing insider trading could lead to a widespread perception that "the game is rigged."

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