Chapter 2: Business Ethics Flashcards

1
Q

Duty to Rescue

A

You do not owe a legal duty but you owe an ethical duty

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2
Q

Culture

A

Business owner sets the ethical direction of the business (Chik-fil-A)

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3
Q

Religious

A

Concerns teachings and practices of what is right/wrong, good/bad, virtous/vicious, from a religious point of view

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4
Q

Professional Code of Ethics

A

Designed to help professional with transacting business with honesty and integrity

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5
Q

Duncan v. State Board of Accountancy

A

Couple going through divorce and Duncan continues to do tax returns while having relationship with wife; Ruling established that the accountant violated the rule of ethics because he should have disclosed/obtained permission from husband to do work

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6
Q

Hippocratic Oath

A

Requires that medical people treat patients to the best of their ability (criminals)

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7
Q

Utilitarian Theory

A

Looks at the consequences/outcome of the decisions; Result oriented goal; Views slavery as okay because it allows for rest of people to prosper

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8
Q

Rights Theory

A

Concerned with the reason for the action; People’s rights must be valued and protected; Slavery is incorrect because it violates people’s rights

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9
Q

Which theory does the USA govern under?

A

Rights theory

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10
Q

Whistleblower

A

A person who sounds the alarm when wrongdoings occur; Can be seen as martyrs or traitors

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11
Q

Whistleblower Protection Act of 1989

A

Protects federal employees who report fraud, waste, and fraud within the government

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12
Q

PA & Whistleblowers

A

State has a law the provides no employer may discharge or retaliate against an employee because of a good faith report

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13
Q

Keveney v. Missouri Military Academy

A

Employee fired for reporting abuse within academy; Ruling established that employee is allowed to pursue a wrongful discharge action because his failure to report it would be an illegal act

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14
Q

Sexual Harassment

A

A form of gender discrimination

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15
Q

Quid Pro Quo

A

Employee is expected to give into sexual demands or suffer the loss of a benefit

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16
Q

Hostile Environment

A

Employee is subjected to sexual harangues and obscenities in the workplace

17
Q

Lyle v. Warner Brothers

A

Woman fired and then filed sexual harassment claim against company; Ruling established that Title VII does not prohibit all verbal/physical harassment; Plaintiff lost because FRIENDS was a show about sexual humor

18
Q

International Business Ethics

A

Attempts to deal with problems of what to do in circumstances where ethical morals and dilemmas exit as a result of different cultural practices

19
Q

Foreign Corruption Practice Act

A

Prohibits bribing when doing international business

20
Q

Ethics

A

Moral principles that govern a person’s behavior or the conducting of an activity