Exam 6: Ethics, Business Operations, and Rights

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A commercial broker who accepts fees from both the seller and the buyer of the business without disclosure to either has not committed an ethical violation if both parties are happy with the transaction.

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False

As a result of the Welch divorce, what happened at GE?

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A

A journalist who fails to disclose his or her financial interest in the subject of a story he or she is covering has a conflict of interest.

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It is not your responsibility to report a co-worker who leaves the office early each day without taking time off.

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Jack Grubman, a financial analyst, committed which ethical breach(es) in order to earn a slot for his children in a preschool?

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Commercial bribery is only a crime for the purchasing agent accepting the money.

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You should disclose to your employer if a relative of yours has submitted a bid for work with your company.

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How many candidates were approved for partnership in the year Hopkins was a candidate?

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The failure to disclose a current employee's conduct that resulted in dismissal and harm to a prospective employer is a breach of ethics.

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What was the total cost to Malden Mills of paying Malden employees for six months while the factory was down?

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When there is a developing safety issue in the workplace, it is best for an employer to just wait and see how much harm can result before taking precautions.

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Employers cannot be held responsible for sexual harassment if they did not take part in it.

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Which of the following did Malden Mills not do in 2004?

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What conduct was Gadams involved in while at Golden Plains School?

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New environmentalism requires that the CEO be involved in company initiatives and practices.

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A supplier has just been awarded a large contract by your company. As an employee in purchasing, you were largely responsible for awarding that supplier the contract. The supplier's sales representative has just called and would like to take you to lunch to thank you for the support. Going to lunch with the sale representative does not present any ethical problems.

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Equal treatment and opportunity is generally a part of labor policies and principles.

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What was Captain Hazelwood's condition when the Valdez ran into a reef?

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BP had no warnings about its pipeline problems in Prudhoe Bay.

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How many positive letters of recommendation did Gadams receive from administrators at the schools?

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