Business Ethics

Q1. If you have to pick 3 things that should never be commodified, what would you pick? (In other words, what are the 3 things you’d rather not buy nor sell for money?)
Q2. Do you agree with Sandel that there are some things that should not be commodified? Why or why not?

in-class activity 3-3

Watch the video about the Baby M case (https://youtu.be/fGb_D2TqZ9E ) and answer the following questions.

Q1. Do you think that the Sterns did something morally impermissible by asking Mary Beth Whitehead, the surrogate mother, to yield the parental rights of Baby M to the Sterns? Or do you think that Mary Beth Whitehead did something morally impermissilbe by trying not to follow the terms of their contract?

Q2. In 1988, regarding the Baby M case, the New Jersey Supreme Court said that paying money for surrogacy is “illegal, perhaps criminal, and potentially degrading to women.” Do you agree with this? Why or why not?

Sample Solution

Business Ethics

Companies are expected to act ethically and to ensure their employees act ethically as well. However, we know the level of ethics expected is not always the same as the level of ethics in practice. Take a moment to share your thoughts on the following questions about ethics, in light of what you have learned in this course.

If you were the CEO of a company, how would you ensure employees operate at a high ethical standard?

Sample Solution

Business Ethics

act pattern:

You are the CEO of Flower Power, Inc., a fast growing chain of 100 florist shops based in the Southeastern United States. The company opened for business 5 years ago with just 20 employees and now has over 1500 employees.
The company is now in the process of installing a new computer network, which will, for the first time, link all of the company’s offices and locations. The company’s Chief Information Officer has approached you with a proposal to include a number of electronic surveillance features in the new network.

The proposed features include:

• The ability of all MIS staff to view any employee emails at any time
• The ability of all MIS staff to monitor what internet sites employees are viewing at any time
• The ability of all MIS staff to “shadow” PCs of any employees, at any time, without the consent of those employees (“shadowing” allows a person, such as the MIS staff person, to monitor all a user’s activity on your PC from a remote location without the user’s knowledge)
• If a PC or laptop is issued for an employee’s use away from the office for work use, all email and activities on that PC or laptop can be monitored as well
• Cameras will be installed on PCs of every employee, allowing all MIS staff to monitor activities of every employee in their workspaces at any time
Your approval is needed to install this network and these features.

  1. Two parts to this question:
    a) Define the term “dilemma” and
    b) Identify the ethical dilemma facing management.
  2. Two parts to this question:
    a) Who are the stakeholders (not limited to shareholders)?
    b) Evaluate the stakeholders and how the various stakeholders would be affected by the dilemma indicated in question #1

Sample Solution

Business Ethics

You are the CEO of Flower Power, Inc., a fast growing chain of 100 florist shops based in the Southeastern United States. The company opened for business 5 years ago with just 20 employees and now has over 1500 employees.
The company is now in the process of installing a new computer network, which will, for the first time, link all of the company’s offices and locations. The company’s Chief Information Officer has approached you with a proposal to include a number of electronic surveillance features in the new network.

The proposed features include:

• The ability of all MIS staff to view any employee emails at any time
• The ability of all MIS staff to monitor what internet sites employees are viewing at any time
• The ability of all MIS staff to “shadow” PCs of any employees, at any time, without the consent of those employees (“shadowing” allows a person, such as the MIS staff person, to monitor all a user’s activity on your PC from a remote location without the user’s knowledge)
• If a PC or laptop is issued for an employee’s use away from the office for work use, all email and activities on that PC or laptop can be monitored as well
• Cameras will be installed on PCs of every employee, allowing all MIS staff to monitor activities of every employee in their workspaces at any time
Your approval is needed to install this network and these features.

  1. Two parts to this question:
    a) Define the term “dilemma” and
    b) Identify the ethical dilemma facing management.
  2. Two parts to this question:
    a) Who are the stakeholders (not limited to shareholders)?
    b) Evaluate the stakeholders and how the various stakeholders would be affected by the dilemma indicated in question #1

Sample Solution

Business Ethics

This assignment involves relating ethical behaviors in high-profile events, as well as examining regulatory and sustainability market approaches to business’s environmental responsibilities.

Based on the response to Hurricane Katrina, what is the relationship between inefficiency and ethical behavior for leaders? How could the response to the Hurricane Katrina disaster have been more effective, and thus more ethical?
In considering the BP Oil Spill, what circumstances would ethically justify a government or private company in restricting information made available to the public during a disaster? At what point might other companies have an ethical right to intervene regarding environmental disasters?

Sample Solution

Business ethics

ACME Company sells computer components and plans on borrowing some money to expand. After reading a lot about earnings management, Bill, the owner of ACME, has decided he should try to accelerate some sales to improve his financial statement ratios. He has called his best customers and asked them to make their usual January purchases by December 31. Bill told the customers he would allow them, until the end of February, to pay for the purchases, just as if they had made their purchases in January.

Explain if you think there are ethical implications of Bill’s actions.
Which ratios will be affected, and how, by accelerating these sales?

Sample Solution