Which of the Following Decision Making Scenarios Presents an Ethical

question 91

Multiple Choice

Which of the following decision making scenarios presents an ethical dilemma?

• A)A disgruntled employee of one of your competitors has offered to reveal details of his company's new strategy if you were to hire him. This competitor has in the past poached key executives from your company and engaged in industrial espionage in other ways.
• B)You are manager of a large facility in a country where paying bribes to public officials is a way of life. Your company has a zero-tolerance policy toward bribing, but the officials are threatening to close down the factory, rendering several thousand workers jobless, if you don't comply.
• C)It has been brought to your notice that the company competing with you for a major contract is trying to bribe and influence decision-makers in a bid to get the contract. Some of your executives feel that your company should also do the same because getting this contract will make a big difference to the company's future.
• D)The last inspection at your plant revealed structural problems with some of the buildings that, if not fixed immediately, could compromise worker safety. However, your company is low on funds and taking on repair work will push the company into the red.
• E)During a conversation with a friend, you come across information that will significantly impact the stock prices of a company's share in the near future. As Funds Manager at a bank, leveraging this information will allow you to improve the retirement savings of several senior citizens.

Identify the tax implications and liability issues for various business forms.

Understand the creation, operation, and termination of franchises.

Recognize laws and acts governing partnerships, corporations, and limited liability companies.

Distinguish between the responsibilities and authority of individuals within different business organizations.

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Definitions:

Hickman-Broviac Catheter

A type of central venous catheter used for long-term administration of medications, nutrition, blood products, and for blood withdrawal.

Central Venous Access Devices

Medical devices used to deliver medications, fluids, or nutrients directly into the venous system.

Bitter Medications

Medicines that have a naturally bitter taste, often requiring flavor masking to be palatable for patients, especially children.

Sweet-tasting Substance

A substance that has a sugary flavor, often used to enhance the taste of food and drinks.