Exam 10: Moral Choices Facing Employees

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The Donald Wohlgemuth case shows that

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B

An employee can have a conflict of interest even if he or she doesn't act to the detriment of the organization.

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True

U.S. companies have a history of paying off foreign officials for business favors. Such acts were declared illegal by

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C

Prudential reasons are reasons that refer to the interests of others and the demands of morality.

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When faced with a moral decision, employees should follow the two-step procedure of identifying the relevant obligations, ideals, and effects, and then deciding where the emphasis should lie among these considerations.

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List and briefly explain the seven factors to take into consideration in determining the morality of giving and receiving gifts in a business situation.

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Which is the best argument for legally protecting trade secrets?

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The Supreme Court has rejected the idea that inside trading involves "misappropriating" confidential information.

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According to the Supreme Court

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According to Norman Bowie's definition, whistle blowing is conceptually restricted to reporting on activities that are harmful to third parties, violations of human rights, or contrary to the public purpose and legitimate goals of the organization.

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As a general rule, if the contents of the work agreement that exists between the employee and the employer are legal and if the employee freely consents to them, then the employee is under an obligation to fulfill the terms of the agreement.

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Prudential reasons are those moral reasons that are separate from self-interest.

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According to Norman Bowie, whistle-blowing is morally justified only if five criteria are met. What are these five criteria?

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A whistle-blower

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The SEC's insider-trading rule reduces equality of opportunity in the marketplace.

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What, if anything, is wrong with foreign forms of bribery?

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Which act provides sweeping new legal protection for employees who report possible securities fraud, making it unlawful for companies to "discharge, demote, suspend, threaten, harass, or in any other manner discriminate against" them?

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Whistle-blowers are only human beings, not saints, and they sometimes have their own

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The Sarbanes-Oxley Act weakened legal protections for whistle blowers.

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According to Norman Bowie, a discussion of whistle blowing in the 1990s parallels the discussion of civil disobedience in the 1960s.

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