Question 1

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

Accepted Answer

The Sarbanes-Oxley Act actually strengthened legal protections for whistle blowers by creating a whistleblower protection program and prohibiting retaliation against employees who report fraudulent activity.

Question 2

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.

Accepted Answer

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.

Question 3

How do trade secrets differ from information that is patented or copyrighted?

Accepted Answer

The answer of How do trade secrets differ from information...

Question 4

What is insider trading?

Accepted Answer

The answer of What is insider trading?...

Question 5

What arguments are given in favor of insider trading? What arguments against it?

Accepted Answer

The answer of What arguments are given in favor of...

Question 6

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

Accepted Answer

Prudential reasons are specifically related to one's own self-interest, focusing on what is beneficial for oneself, rather than being separate from it.

Question 7

The Foreign Corrupt Practices Act of 1977 forbids companies to pay kickbacks in the United States, but permits them to pay kickbacks to companies outside the United States.

Accepted Answer

The Foreign Corrupt Practices Act of 1977 forbids companies to pay kickbacks both in the United States and to companies outside the United States. It is illegal to offer or give anything of value to a foreign official in order to obtain or retain business.

Question 8

According to Jennifer Moore the real reason insider trading should be prohibited is that it undermines the fiduciary relationship that is at the heart of business management.

Accepted Answer

Jennifer Moore argues that insider trading undermines the fiduciary relationship, which is a fundamental aspect of business management.

Question 9

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

Accepted Answer

The answer of According to Norman Bowie, whistle-blowing is morally...

Question 10

What are the main features of the 1977 Foreign Corrupt Practices Act (FCPA)?

Accepted Answer

The answer of What are the main features of the...

Question 11

Employees have certain general duties to their employers, and because of the specific business, professional, or organizational responsibilities they have assumed, they may have other more precise role-based obligations.

Accepted Answer

This statement is true. Employees have general duties to their employers, such as performing their job duties with reasonable care and loyalty, but they may also have more specific obligations based on their role within the organization. For example, a manager may have a duty to oversee the work of their team and ensure compliance with company policies, while a sales representative may have a duty to meet sales targets and maintain customer relationships.

Question 12

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

Accepted Answer

The SEC's insider trading rule aims to ensure fairness and transparency in the marketplace by prohibiting trading based on material, non-public information, thereby promoting equality of opportunity among all investors.

Question 13

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

Accepted Answer

Norman Bowie argues that whistle blowing in the 1990s was a topic of debate and discussion similar to civil disobedience in the 1960s.

Question 14

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

Accepted Answer

The answer of What, if anything, is wrong with foreign...

Question 15

What is whistle-blowing, and what motivates whistle-blowers?

Accepted Answer

The answer of What is whistle-blowing, and what motivates whistle-blowers?...

Question 16

What is a conflict of interest, and when does it arise?

Accepted Answer

The answer of What is a conflict of interest, and...

Question 17

What is a key lesson to be learned from the example of the cashier at a truck stop who is asked by her manager to provide the truckers with phony chits so they can get a larger reimbursement from their companies?

Accepted Answer

The answer of What is a key lesson to be...

Question 18

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

Accepted Answer

The answer of List and briefly explain the seven factors...

Question 19

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.

Accepted Answer

This statement is true. When faced with a moral decision, employees should consider the relevant obligations, ideals, and effects before deciding on the course of action that aligns with their values and the values of the organization. The two-step procedure helps ensure that they make ethical decisions that are in line with the organization's principles and values.

Question 20

Companies have a right to prevent employees in technical fields from quitting and working for another company.

Accepted Answer

Companies cannot prevent employees from leaving and working for another company. This would be a violation of their personal freedom and labor laws. However, some companies may use non-compete agreements to limit the type of work an employee can do after leaving the company, but these agreements must be reasonable and not overly restrictive.

Quiz 10: Moral Choices Facing Employees

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

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.

How do trade secrets differ from information that is patented or copyrighted?

What is insider trading?

What arguments are given in favor of insider trading? What arguments against it?

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

The Foreign Corrupt Practices Act of 1977 forbids companies to pay kickbacks in the United States, but permits them to pay kickbacks to companies outside the United States.

According to Jennifer Moore the real reason insider trading should be prohibited is that it undermines the fiduciary relationship that is at the heart of business management.

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

What are the main features of the 1977 Foreign Corrupt Practices Act (FCPA)?

Employees have certain general duties to their employers, and because of the specific business, professional, or organizational responsibilities they have assumed, they may have other more precise role-based obligations.

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

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

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

What is whistle-blowing, and what motivates whistle-blowers?

What is a conflict of interest, and when does it arise?

What is a key lesson to be learned from the example of the cashier at a truck stop who is asked by her manager to provide the truckers with phony chits so they can get a larger reimbursement from their companies?

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

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.

Companies have a right to prevent employees in technical fields from quitting and working for another company.