Exam 2: Solving Ethical Dilemmas and Personal Introspection

What career had Martha Stewart had prior to becoming a domestic doyenne?

Alice is a secretary in your department. Alice is also a member of the American Guild of Organists. Alice has been placed in charge of the Guild's national convention. Each time you pass by Alice's desk or go to her to have some work done, you notice she is on the phone discussing or working on the convention. Alice's work on the convention during work hours is an ethical violation.

Murry Gunty was expelled from Harvard.

Jeff Sanders, head of finance for Components, Inc. has just interviewed Laura Dern, an employee from the finance department of InChip, Components' chief competitor. Laura has explained that she has been passed over one too many times for a promotion at InChip and is thus in the job market. As Laura is leaving she whispers to Jeff, "Look, I have no contract at InChip that obligates me in anyway. I can begin immediately. Further, I have been able to obtain copies of our newest computer chip designs. You'll have them before InChip even begins production."

As a result of the Goldman "trading huddles":

Your company's policy on company vehicles is that no family members may use them or ride in them. It would be unethical to use a company car to drive you and your spouse to a movie.

Increasing isolation is a part of leadership but does not affect ethical choices.

Your company has several outdated computers sitting in a storage closet that no one is using. You have taken one home and set it up for personal use. This is unethical conduct.

Suppose, with reference to #12 above, that Pickford already owns an interest in the biotech firm, but Munford Stanley is not the underwriter. Pickford:

Stephen Ambrose, a popular historian with many books to his credit, admitted that some segments of one of his recent books had language taken from the books of other historians that was not in quotes. Mr. Ambrose did footnote the work of authors he relied upon in doing his book.

Your supervisor has told you that he wants to "get rid of Jane." Jane is a Hispanic female co-worker who is very bright and capable and hardworking. Your supervisor has asked you to document everything Jane does and says that will help build a case for termination. You should do as your supervisor tells you.

In addition to the drop in stock price in Martha Stewart's company, what were other consequences of the sale of her personal shares?

A focus on the trappings of success causes leaders to lose their way.

If I discovered that I unintentionally violated a federal environmental regulation, I should just wait and see if anything happens before taking any action.

What category of ethical dilemma applies to the use of cell phone alibis?

Who else in the case could be charged with obstruction of justice?

Peter Drucker believes that the ethical obligation of business is to bluff within reason.

During the 1990s, Goldman increased it standards for profitability before doing an IPO.

Leaders who are focused on their own goals are less likely to lose their way when it comes to ethics.

How much did Martha Stewart lose each time the price of her own company's stock dropped $1.00 on the NYSE?