Question 1

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

Accepted Answer

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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 limited 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

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 4

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 5

What is insider trading?

Accepted Answer

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Question 6

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

Accepted Answer

Companies do not have a right to prevent employees in technical fields from quitting and working for another company. This would be a violation of the employee's right to choose their own employment and pursue their own career goals. However, companies may have non-compete agreements or other contractual agreements with employees that limit their ability to work for competitors for a certain period of time after leaving the company. These agreements must be reasonable in scope and duration, and vary by state and country.

Question 7

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

Employees have both general duties to their employers as well as specific role-based obligations depending on their job responsibilities.

Question 8

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

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Question 9

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

Accepted Answer

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Question 10

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 is the correct two-step procedure for employees to follow when faced with a moral decision. They should identify the relevant obligations, ideals, and effects, and then decide where the emphasis should lie among these considerations.

Question 11

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

Question 12

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

Accepted Answer

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Question 13

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

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Question 14

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

Accepted Answer

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Question 15

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 the prohibition of insider trading is necessary because it undermines the fiduciary relationship, which is central to business management.

Question 16

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 prohibits companies from paying kickbacks to companies both inside and outside the United States. It also prohibits bribes to foreign officials.

Question 17

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

Accepted Answer

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Question 18

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

Accepted Answer

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Question 19

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

Accepted Answer

The Sarbanes-Oxley Act actually strengthened legal protections for whistle blowers by providing them with safeguards against retaliation from their employers. The act also established a whistleblower hotline and required companies to disclose their code of ethics and any changes made to it.

Question 20

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

Accepted Answer

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Quiz 10: Moral Choices Facing Employees