Ethics Business Exam Essay

Define ethics as described in our text Ethics refers to our efforts to figure knocked out(p) what we should do and how we should live. It involves the challenge of figuring out how to justify our behavior both to ourselves and others. 3 Who be the most all important(p) stakeholders in the following examples in our textbook? 1. Tylenol Doctors, nurses, mothers, fathers and children. 2. Novo Nordisk People with diabetes 3. GE Healthc be in India Heath care providers 4. Merck Members of society and to provide advanced to people in need around the world. . An employee is accused of altering a companys financial ledgers. Upon questioning, the employee exclaims that he was only following the supervisory programs orders. The employee is using which justification for his unethical behavior? Distancing from responsibility 5. What are the 3 ways to avoid rationalizations? First the generalizability test which states to cultivate identical decision when confronted with similar issues. Next the publicity test this test aims to make sure one pot defend their reason, simply is it just and can it be defended.The last test is the reversibility test this suggests putting one in a nonhers shoes. Do onto others as you would have done to you. 6. What are the 3 Decision Guidelines named in the textbook? 1. Stranded to conduct 2. From sexual morality ethics to character and relationships 3. Purposes and consequences 9. What are the 3 Levels of the Stakeholder Framework? 1. Value overture of the organization 2. Principles of stakeholder cooperation 3. Respect for societal standers of conduct. 10. In the case study close Merck, for what disease were they asked to provide medication? River blindness 1. What are Kohlbergs 6 Stages of Moral Development? 1. Pre-convectional Punishment and obedience individual instrument pop the question and exchange. 2. Convectional mutual Interpersonal expectations and relationships conformity law and order orientation 3. Post- convecti onal prior rights Social contact, utility universal ethical principles 14. True or turned According to the Stakeholder Framework, the concerns of Shareholders are not important. False But they should have a solid and defensible reason when they choose not to address a stakeholder 15.True or False Bribery is acceptable when engaging in business in another country where it is commonly practiced. False grafting is an unacceptable practice 16. Name 4 of DeGeorges 10 Principles for botch Cultural Management. 1. Do no intentional harm. 2. Produce more trustworthy than harm for host. 3. Contribute to host development. 4. Respect human rights of employees. 17. In the telecasting of The Office, what are 5 ethical issues portrayed? 1) Getting bank discount on paper for sexual acts. 2) Upper level management overlooked reason for discount paper 3) Stealing company time. ) Office handler blew off ethics training program. 5) Giving immunity and revoking it after the meet is an ethics i ssue. 18. True or False Enron was in the ice convulse cone business. False they sold energy. 19. What is the difference between primary and collateral stakeholders? Primary stakeholders are people and groups most affected by the vector sum of the business actions. Value chain and definitional stakeholders. Secondary stakeholders are individuals or groups not directly affected by the outcome of business operations. Instrumental stakeholders.