Chapter 6 Homework

Ethics

Briana studies how individuals make decisions based on their moral obligations.

Deontological Theory of Justice

Robert, a manager, has to decide on promotions for his team members. Robert contemplates promoting one of his friends despite the team member's poor performance, but he decides against it because he feels it is unfair to his team. The question concerning the fairness of Robert's actions is based on which theory or principle? a. Deontological theory of justice b. Principle of rationalization c. Universalist principle of disclosure d. Deontological principle of reversibility

a. Ethics b. morals c. values

Several terms are associated with ethical and moral leadership in the business community. _____ are accepted guidelines or behaviors for groups or institutions. AN individual's determination of right and wrong refers to one's _____, which are influenced by ______ such as fairness or honesty.

Integrity

Though Sam was under pressure to manipulate company data, he refused to do so because he claims he is honest.

Whistleblowing

When he suspects his coworkers of insider trading, Mike reports his company to the Securities and Exchange Commission, a federal authority.

d. Engage in community programs to create awareness about the safe use of smartphones.

After listening to Olivia and Derek, from the standpoint of corporate social responsibility and leadership ethics, what would be your next step as the company's CEO? a. Focus only on the positive aspects of the company's products. b. Blame drivers for accidents and deaths. c. Examine if there are ways to restrict technology availability to people. d. Engage in community programs to create awareness about the safe use of smartphones.

a. Ethical b. Unethical c. Ethical d. Ethical e. Unethical f. Unethical

Angela is a senior manager in a company. She has a number of responsibilities as a leader and displays many leadership behaviors. Classify the behaviors as ethical or unethical behaviors by matching them to the category in which they belong. a. Angela shows a consistency between words and deeds and keeps promises. b. Angela often sees what she wants to see and misses contradictory information. c. Angela treats others in a manner that is right and equal and makes principled choices. d. Angela listens to the suggestions, ideas, and concerns of her team members. e. Angela is primarily concerned with receiving external rewards and avoiding punishment. f. Angela uses company resources for personal purposes, claiming that she can do so because of her seniority.

a. corporate social responsibility b. social entrepreneurship c. virtuous circle

As part of external engagement, _____ refers to the efforts a company makes to manage its relationship with the external world. It is the idea that firms have obligations to society and can involve the use of market-based methods to solve social problems. For example, the leaders at Weston Constructors founded Homes and Hearths, a foundation to rebuild homes that were lost in natural disasters. Thus, Weston Constructors is engaged in _____; ethically and socially responsible behavior can lead to benefits for a company, including financial gain. The relationship between social and financial performance may be a _____, meaning that corporate social performance and corporate financial performance feed and reinforce each other.

Intuition and Common Sense

Brendon, the manager of a telemarketing team, asks his team members if they would consider a customer's inquiry about a product to be a sale. His evaluation of their responses as being ethical or unethical is likely to be based on which theory or principle? a. Intuition and Common Sense b. An act of rationalization c. The deontological principle of reversibility d. Utilitarian principles

Ethical Mind

Joanne, a CEO, believes that retaining an ethical compass is vital to the success of her organization.

c. Many car dealerships have laid off their instore sales reps because of the increase in Internet sales.

Raphael, the CEO of the company, talks about the benefits offered by smartphones and tablet computers and also other outcomes of the advent of technology. As an individual with an ethical mind, which statement would be a cause of concern for you? a. Millions of users can access information at any time through the use of smartphones. b. The company, as an industrial leader, should play a role in getting people to use its products in a harmless manner. c. Many car dealerships have laid off their instore sales reps because of the increase in Internet sales. d. People are smarter, happier, and more productive because of the use of smartphones.

d. Whistleblowing

Adam, a project coordinator at a non-profit organization, observes that funds granted to the organization by various sources are being misused by management. He feels it is unethical and reports the issue to the authorities. Which concept best describes Adam's actions? a. Entitlement b. Rationalization c. Motivated blindness d. Whistleblowing

a. Corporate social performance and corporate financial performance feed and reinforce each other.

Blue Pharma Inc., a large and profitable pharmaceutical company, invests in a number of social responsibility initiatives that increase the profitability of the company. What can be inferred from the given scenario? a. Corporate social performance and corporate financial performance feed and reinforce each other. b. The relationship between social performance and profitability is always linear. c. Corporate social responsibility is based on the "Thou Shalt Not" approach. d. Social entrepreneurship is the only method of engaging in social responsibility initiatives.

d. Examine what can be done by the company in getting people to use its products in a harmless manner.

Derek talks about the negative outcomes of smartphone usage. As an ethical CEO, what would your next step be after listening to Derek? a. Assume that local governments and Internet service providers have more responsibility for minimizing accidents caused by smartphone users. b. Terminate Derek from the position of marketing manager. c. Blame drivers using smartphones for accidents and deaths. d. Examine what can be done by the company in getting people to use its products in a harmless manner.

Entitlement

Derek uses the company car for his personal trips, as he feels his position permits him to use it whenever he wishes.

c. Social Entrepreneurship

Edward is the owner of a large food and beverage export company. As a social responsibility initiative, Edward decides to open a chain of convenience stores across the city. A portion of the revenue generated from these stores will be used to fund soup kitchens across the city. In this scenario, Edward is engaged in which type of initiative? a. Conventional development b. Rationalization c. Social entrepreneurship d. Philanthropy

a. Bernard L. Madoff, former CEO of Bernard L. Madoff Investment Securities = y. Defrauding investors out of about $17 billion over a period of years b. John Stumpf, Chairman and CEO of Wells Fargo & Co. = z. Opening bank and credit card accounts for customers without their consent c. Deon Anderson, former Boeing Procurement Officer = x. Engaging in bribery and kickback scheme

Given below is a sampling of unethical behaviors committed by business leaders. Identify the offense to the corresponding business leader responsible. Business Leader a. Bernard L. Madoff, former CEO of Bernard L. Madoff Investment Securities b. John Stumpf, Chairman and CEO of Wells Fargo & Co. c. Deon Anderson, former Boeing Procurement Officer Offense x. Engaging in bribery and kickback scheme y. Defrauding investors out of about $17 billion over a period of years z. Opening bank and credit card accounts for customers without their consent