Conflicts of interest may exist when employees have financial investments

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in suppliers, customers, or distributors with whom their organizations do business.

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in sports teams.

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and question the wisdom of the deal.

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that lead to office romance.

 

 

 

 

Some writers deny that employees have any obligation of loyalty to the company, because

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companies are not the kind of things that are properly objects of loyalty.

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you cannot trust anyone.

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it’s every man for himself.

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companies just aren’t the same any more.

 

 

 

In determining the morality of giving and receiving gifts in a business situation, which of the following factors is MOST relevant?

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the purpose of the gift

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the size of the business

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amount of the cash

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whether the company is privately held or publicly held

 

 

The Foreign Corrupt Practices Act (FCPA)

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doesn't apply to countries where bribery is common.

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is alleged by its critics to put American companies at a disadvantage.

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carefully distinguishes bribery from extortion payments.

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outlaws "grease payments".

 

To resolve difficult moral dilemmas, the better we understand the exact ramifications of the alternatives—the more likely we are

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to make a sound moral decision.

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to drive the boss crazy.

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to be a success.

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to go to jail.

 

 

 

Experimental studies suggest that when informed that the advice they’re receiving may be biased because of a conflict of interest,

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those who disclose a conflict of interest rarely end up giving more biased advice than those who do not disclose

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those who disclose a conflict of interest always end up giving more biased advice than those who do not disclose

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People tend to fail to discount the advice as much as they should.

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people tend to discount the advice as much as they should.

 

 

The use of one’s official position for what always raises moral concerns and questions?

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power trips

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egos

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stepping stones to success

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personal gain

 

 

 


 

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

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salary.

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self-serving agenda.

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bandwagon.

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office.

 

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

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the U.S. Customs department.

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the Vice President.

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the Foreign Corrupt Practices Act (FCPA) of 1977.

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the United Nations.

 

 

 

 

According to the Supreme Court,

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there is nothing improper about an outsider’s using information, as long as the information is not obtained from an insider who breaches a legal duty to the corporation’s shareholders.

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anyone buying/selling stock based on nonpublic information is guilty of inside trading.

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insider trading violates the interstate commerce clause of the Constitution.

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it should be left up to the company, not the government, to decide whether or not to prohibit insider trading.

 

 

When an employee’s interests are likely to interfere with the employee’s ability to exercise proper judgment on behalf of the organization, what exists?

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a golden opportunity

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a conflict of interest

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a balance of power

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a disaster

 

 

The Donald Wohlgemuth case shows that

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trade secrets can be patented.

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trade secrets often become an integral part of an employee's total job skills and capabilities.

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employees need to divest themselves of any skill acquired while handling trade secrets.

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"noncompete" or "nondisclosure" contracts are always legally valid.

 

In the 1997 case of U.S. v. Hagan, the Supreme Court found that Hagan

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had been discriminated against because of whistle blowing.

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was innocent of insider trading.

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violated the FCPA despite never having gone overseas.

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had misappropriated confidential information.

 

 

Shaw and Barry mention three arguments for legally protecting trade secrets. Which of these is one of them?

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Trade secrets are the intellectual property of the employee who developed them.

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Employees who disclose trade secrets
violate the confidentiality owed to their employers

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Trade secrets are patented.

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Trade secrets are trademarked.

 

The use of one’s official position for what always raises moral concerns and questions?

Answer

[removed]

 

power trips

[removed]

 

egos

[removed]

 

stepping stones to success

[removed]

 

personal gain

The Foreign Corrupt Practices Act (FCPA)

Answer

[removed]

 

doesn't apply to countries where bribery is common.

[removed]

 

is alleged by its critics to put American companies at a disadvantage.

[removed]

 

carefully distinguishes bribery from extortion payments.

[removed]

 

outlaws "grease payments".

 

 

A whistle-blower

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doesn't have to be a past or present member of the organization.

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doesn't have to report activity that is illegal, immoral, or harmful.

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is any employer who spreads gossip.

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far from being disloyal, may be acting in the best interest of the organization.

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