Midterm Exam – Summer 2011 Chapter 01 Ethical Reasoning Implications for Accounting Multiple Choice Questions 1. Each of the following characteristics describes the importance of integrity in decision making except for: A. Acting out of moral principle B. Being loyal to one's superior C. Having the courage to do the right thing D. Not subordinating professional judgment to others 2. The ancient Greeks thought of the virtues as characteristics of behavior that: A. Could lead
Words: 4663 - Pages: 19
Guide for every chapter will follow this structure.) 1. Chapter Outline 2. Teaching Notes 3. In-Class Exercises 4. Homework Assignments 5. Additional Resources Chapter Outline I. Introduction II. Ethical Dilemmas A. The Layoff III. Prescriptive Approaches to Ethical Decision Making in Business A. Focus on Consequences (Consequentialist Theories) B. Focus on Duties, Obligations, and Principles (Deontological Theories) C. Focus
Words: 4227 - Pages: 17
Assignment #1 - Consensual Relationship Agreement Case Study Professor Dr. Maggie Sizer Leadership and Organizational Behavior – BUS 520 Strayer University October 23, 2012 Abstract As companies begin to acknowledge the existence of work place romances, the use of consensual relationship agreements (CRAs) has become an area of discussion. While many of today’s organizations prohibit the romantic involvement of its employees with one another, there are other companies that have adopted the
Words: 1742 - Pages: 7
and to be observed as a fair and negotiable representation in any market. Responsibilities of professional are held to high standards and complimented by given instructions as well as the compilation of policies, procedures, and protocols. To further this professional structure, companies have created such codes that can be substantiated by known professional conduct laws. Ethics refers to a branch of philosophy that deals with values of moral conduct with regard to rightness and wrongness of a certain
Words: 2979 - Pages: 12
death. This is termed a “first-person authorization” and is a legal binding document that cannot be revoked by the family or legal next-of-kin. However, there are occasions where families fiercely object to donation and MTN must reflect on what path is the most ethical to pursue; follow the wishes of the donor or concede to the objection of the family. This paper will examine the three theories of ethics: utilitarian, principle-based, and virtue and discuss which theory applies to this ethical dilemma
Words: 2049 - Pages: 9
Ethics in International Business Chapter Outline OPENING CASE: Wal-Mart’s Chinese Suppliers INTRODUCTION ETHICAL ISSUES IN INTERNATIONAL BUSINESS Employment Practices Management Focus: Making Apple’s iPod Human Rights Environmental Pollution Management Focus: Unocal in Myanmar Corruption Moral Obligations Management Focus: News Corporation in China ETHICAL DILEMMAS THE ROOTS OF UNETHICAL BEHAVIOR Personal Ethics
Words: 7379 - Pages: 30
expected to provide them with a quality service that is done with integrity. Their integrity depends upon their performance to coincide with the principles within the profession and not for personal gain. During their performance an accountant should perform with due care, and treat each decision as if they were deciding for themselves. The reason for this is because the public depends on accountants to exemplify professional excellence. As a result of the professional code of conduct being ignored
Words: 2482 - Pages: 10
According to the case study the ford pinto company knew that they sell faulty cars to their customers and due to their sales it has led to the death of their customers. The company ford pinto knew that the way they manufacture cars was in the wrong place and they kept it as secret Ford knew that the cars they produced had lots of issues concerning the safety and this was involved in the rear where the gas pump was at. This has led thousands dead. The ford company knew about the problem before distributing
Words: 731 - Pages: 3
The Background Introduction Helter Skelter, Inc. founded in the late 1960’s is a large public company producing the component parts that are integral for high performing automobiles. It also opened the market in Asia to provide component parts for emerging auto manufacturers in the past ten years. The company is highly successful and has a track record of long stretches of reporting consecutive profit growth. Dagwood Blemish is the founded-CEO of Helter Skelter, Inc. Blemish has been the single
Words: 1546 - Pages: 7
recommending concepts of right and wrong behavior. Ethics is a mass of moral principles or set of values about what is right or wrong, true or false, fair or unfair, proper or improper, what is right is ethical and what is wrong is unethical. MEANING AND DEFINITION OF ETHICS Peter F. Drucker writes- “There is only one ethics, one set of rules of morality, one code that of individual behavior in which the same rules apply to everyone alike.” Philip Wheel Wright says- “Ethics is the branch
Words: 7802 - Pages: 32
