Chapter 6 Business ethics value in top hat

Question 1

How many values can companys have
Whats the best amount to have

Answer 1

-15
- smaller number

Question 2

What company did not live up to its values

Answer 2

Enron

Question 3

a theory that products marketed toward women cost more than nearly identical products targeted towards men

Answer 3

pink tax

Question 4

the best a man can get commercial yet men products for this company are less than female products that are the same

Answer 4

gillette (proctor & gamble)

Question 5

goals to promote a desired behavior but they encourage a negative one
- Wells Fargo (eight is great)
- charged small amounts on peoples accounts

Answer 5

ill conceived goals

Question 6

overlooked unethical behavior when it is in our interest to stay ignorant
- nike
- paying child labor overseas 60 cents but selling the soccer ball for way more

Answer 6

motivated blindness

Question 7

we hold others less accountable for unethical behavior when its carried out through a third party
- apple
- uses third party to make iPhones (fox con) terrible living situations and conditions so people were taking their lives & they chose to just put nets outside of windows to solve that problem)

Answer 7

indirect blindness

Question 8

we are less likely to see others unethical behavior when it develops gradually
- Tyco
- Danny Kozlowski slowly taking money over time

Answer 8

slippery slope

Question 9

we give a pass to unethical behavior if that outcome is good
- Enron
- forecasting way more value than was actually happening to drive up stock price Lay charged security fraud and died of heart attack

Answer 9

overvaluing outcomes

Question 10

• convicted of insider trading
• hotel name after
• former marketing professor at OSU

Answer 10

Roger Blackman

Question 11

CEO of malden mills who after a fire burnt down the factory decided to rebuild right there and continue to pay his employees while factory was being rebuilt

Answer 11

Aaron Feuerstein

Question 12

application of principles and values to business

Answer 12

business ethics

Question 13

why is ethical decision making important in the business environment

Answer 13

it helps organizations navigate ethical challenges and maintain trust

Question 14

car manufacturer that intentionally programmed their Diesel engines to manipulate emissions test

Answer 14

volkswagon

Question 15

company that bought all epipens and raised the cost

Answer 15

Mylan

Question 16

tell customers to think about the environmental impact of their purchases

Answer 16

patogonia

Question 17

company that decided to stop selling any tobacco related products

Answer 17

CVS