Tax Topic 34 - Business Ethics

Ethics can probably be defined as doing what is right. Something that is wrong but not illegal is a good way to say that something is unethical. Usually something that is ethical is something that is legal, but not always. Something that is legal or within the law can also be wrong (or unethical). Our history is full of instances where something is legal but now considered unethical (or wrong). You get the idea.

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Student Instructions:

Please follow the following 3 steps:

  1. 1. Listen to the audio Material to answer the questions on this page and also to complete the short quiz. Audio Material click here.

  2. 2. Submit Assignment Online Click Here. (Have your questions on this page filled out and ready to answer the questions online one by one).

  3. 3. Complete a short quiz on the audio material: Short Quiz online click here. You have 30 minutes to complete 20 questions for this quiz. You must study the audio material. You won't have time to search for questions in the audio material. If you don't pass, you can retry - Every time you try the questions will be different.

So just to recap: for every section or topic you will submit an assignment (step 2) and a short quiz (step 3).

Important: If you fail a topic you can try again until you pass. However, you cannot try again until 24 hours later. This will give you enough time to study and review the reading material.

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Material needed to complete the assignment and the quiz for this topic:

 

The Way to Happiness (Intro. only)

 

PG&E polluted water case

  Business Ethics
  Monster's Inc.
  This Week: Business Ethics
  Barack Obama on Ethics
  Business Ethics: Does it Really Matter?
  Ethics: The Fabric of Business
  Dilbert Ethics Part 1
  Dilbert Ethics Part 2
  Dilbert Ethics Part 3
                                                  

1. "If you don't have integrity, you have nothing. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing." was said by

A. Abraham Lincoln.
B. Barack Obama.
C. Henry Kravis.
D. Albert Einstein.

2. Robert J. Stevens sets the tone of ethics and values for his entire organization by

A. Communicating clearly his expectations and values by leading by example.
B. Emulating a standard of excellence in behavior each day.
C. Finding examples of employees across the workplace of employees who have taken an action very much admired.
D. All of the above.

3. According to Sandra Barbour, you need to do a test where you ask "Would I do this if I knew that I wouldn't get caught?"

True False

4. One action by one employee can distort the contribution of 135,000 employees so part of the communication on ethics includes

A. The question "Do you want to be the person who would taint the reputation of all these colleagues whom we admire and trust?"
B. Who will be the first to taint the company?
C. Identifying potential ethics violators.
D. All of the above.

5. The CEOs in Dilbert Ethics went golfing to discuss

A. Taxes being too darn high.
B. Which company should win the government bids.
C. Nurturing and diversity.
D. Networking with other executives on the golf course.

6. Dilbert's office associates were discussing

A. Making a fortune from special interest groups.
B. Destroying the integrity of the democratic voting system.
C. Ethical consequences of manipulating the voting results for own evil purposes without ever being detected.
D. All of the above.

7. The lobbyist were concerned about Dilbert and their goal was to

A. Find a way to influence Dilbert without money.
B. Teach Dilbert to use his creativity.
C. Give Dilbert money in return for the internet voting network system.
D. None of the above.

8. Dilbert was immune to the lobbyists' inducements.

True False

9. The PG&E representative was only authorized to offer

A. $150,000.
B. $250,000.
C. $20,000,000.
D. $28,000,000,000.

10. The PG&E representative alerted Mr. Maseri that he needed to remember that they were against PG&E whom is a multi-billion dollar corporation. 

True False

11. How many know plaintiffs had a case against PG&E?

A. More than 400.
B. Less than 400.
C. 250.
D. 350.

12. According to Erin, the affected people don't dream about being rich, they

A. Dream about to not having to worry about health complications because of the polluted water.
B. Dream about not having their spine deteriorate because of the polluted water.
C. Dream about being able to watch their kids swim in a pool without worrying that they will have a bysectorectomy by the age of 20 because of the polluted water.
D. All of the above.

13. According to Erin, the people affected by the polluted water may not be the most sophisticated people and they don't know how to divide. 

True False

14. In the meeting, Erin stated that the water that Ms. Sanchez was about to drink came from the polluted area especially for them.

True False

15. The reason that the lady was sure Hexavalent chromium was not toxic was because

A. Her doctor had told her that it was not poisonous.
B. The guys from PG&E told her that is was fine.
C. Both A and B above.
D. None of the above.

16. According to the "Business Ethics" video, when a business acts ethically, it will

A. Lose money but that is the price of acting ethically.
B. Perform better.
C. Be regarded by the government for acting ethically.
D. Have tax incentives for acting ethically.

17. According the "Business Ethics" video, Steve has a huge dilemma because

A. He is not legally obligated to tell the customer about the possibilities of cancer in the pill.
B. He could choose to tell the buyer that the pills have a possibility of cancer as a moral thing to do.
C. There is no right or wrong answer and his beliefs would determine what he needs to do.
D. All of the above.

18. According to the "Business Ethics" video, since the pills are legally allowed to be sold, Steve does not have to say anything and thus since something is legal it means it is moral.

True False

19. The video clip "Business Ethics" states that Steve should not sell the diet pills because they are cancerous.

True False

20. According the the "Business Ethics" video, the company should decide not to sell cigarettes to minors in other countries because

A. It is illegal.
B. More people will start smoking and in turn more people could die of cancer.
C. Although it will save their jobs, doing so is morally wrong.
D. None of the above.

True False

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Revised: 05/14/12