MGT 4230 - Chapter 5 Assignment

is displaying moral courage.

A U.S. manager knows that many of his company's competitors are doing business with an unethical garment factory in Bangladesh. The manager is under pressure to look the other way on the subcontractor's violations, but instead chooses a more ethical company knowing that doing so will raise costs. The manager

accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization.

A manager is considering whether it is ethical to source garments from a factory that uses child labor. In this case, ethics refers to

is facing an ethical dilemma.

A manager responsible for ensuring that its subcontractors are being ethical in their hiring finds that one company has employed a young girl aged 12. The manager wants to immediately fire the child but is told that the child's wages are the only source of income for her family. If the manager fires the girl, her family will starve. The manager

Moral Imagination

Abby asked the management team to consider how they would feel if they were asked to travel more than 65 miles to get to work—which is what they were asking the management team at the foreign office to do. Abby is relying on __________ to approach this ethical situation.

The Friedman Doctrine

Until the 1980s, many Western businesses continued to profit from their operations in South Africa despite knowing that doing so indicated tacit support of the country's apartheid government. Which approach to business ethics claims that "the social responsibility of business is to increase profits" so long as the company stays within the rules of law?

A utilitarian

VW's decision to commit significant financial and R&D resources to electric vehicles can best be described as ____ approach to business ethics.

corporate social responsibility.

VW's goal of being the world leader in electric vehicles together with its decision to devote large resources to the effort signals

must use moral imagination.

When considering the implications of its decision to provide an electric version of its cars, VW

Righteous Moralism

Which philosophical approach claims that a multinational's home-country standards of ethics are the ones employees should follow even when working in foreign countries?

demonstrating its commitment to pursuing a sustainable strategy.

With its goal of offering a complete line of electric cars beginning in 2020, VW is

Moral Courage

__________ gives employees the integrity to blow the whistle on persistent unethical behavior in a company.

Decision-making Process

Ellen has taken over a troubled manufacturing plant. The citizens who live around the plant are concerned about safety and pollution. She sets up a community meeting so that managers, organized labor, affected citizens, and all other parties can air their concerns as a step toward addressing the simmering issues.

Leadership

Jack is the CEO of a large corporation. Due to the global economic crisis, he has frozen wages, disallowed employee travel, and cancelled the annual holiday party. Last week he skied at Vail, a posh resort, with his wife, and charged all of his expenses to the company under the pretense that he was "meeting with local legislators."

pressure to meet unrealistic performance goals.

One root cause of unethical behavior in business is

1. Identify stakeholder's decisions 2. Establish moral intent. 3. Judge the ethics of strategic decisions. 4. Engage in ethical behavior 5. Audit decisions

Place the steps involved in the decision-making process, surrounding the creation of an organization's ethical culture in the correct order.

Sustainable Strategies

Strategies that not only help the multinational firm make good profits, but that do so without harming the environment while simultaneously ensuring that the corporation acts in a socially responsible manner with regard to its stakeholders are called

utilitarian

Sun-Jun relies on a cost-benefit analysis to decide if moving operations overseas is better than increasing the size of the current manufacturing facility in the United States. He is using the __________ approach to ethics to determine his answer.

Rights Theories

The apartheid government in South Africa mandated segregation between whites and nonwhites and prohibited Black people from being placed in positions where they would manage whites. The approach to business ethics that would encourage Western businesses to question the ethics of continuing to operate within this environment is

the only social responsibility of business is to increase profits, so long as the company stays within the rules of law.

The basic position of the Friedman doctrine says that

An ethical Diemma

By the mid-1980s, Western managers in South Africa faced a critical decision: remain in the country supporting the economy, but also supporting apartheid; or pull out in protest of apartheid, knowing that doing so would contribute to economic crisis. The situation in which Western managers found themselves can best be described as

Business Ethics

Collin knows it is wrong for his company to continue pouring manufacturing waste products into the water system based on environmental standards set down by the state. Collin is demonstrating a lack of

Unrealistic Performance Expectations

Company "X" has an evaluation system in place that eliminates 20 percent of underperformers every six months.

Organizational Culture

Company ABC employees are pleasantly surprised by the way motivation and initiatives are being recognized after they were acquired by Company EFG.

Personal Ethics

Joe regularly visits China and offers lavish gifts to the Chinese company officials who are customers of his U.S. software company. He does this in order to secure his yearly sales quota bonus, and writes off the gifts as a business expense to his company.

the global tragedy of the commons.

Kellen Builders decides to move production to a developing country where they are free to pump pollutants into the atmosphere without legal restriction. By doing this, the company is contributing to

are not always enforced.

Laws on the use of child labor in Bangladesh

Internal Stakeholder

Marek owns 100 shares of stock in Sun Telecom. He would be considered a(n)

external stakeholders.

The decision by many Western businesses to pull out of South Africa in protest of the country's apartheid government contributed to the economic crisis that ultimately led to the collapse of the apartheid system. The local communities and customers that were negatively impacted by the decisions of the Western businesses can best be described as

do everything possible to abolish apartheid laws.

The two caveats of the Sullivan principles are first, a company should not obey the apartheid laws in its own South African operations and second, a company should