BUS309 Week 10 Quiz
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Conflicts of interest may exist when employees have financial investments
Answer
[removed] | in suppliers, customers, or distributors with whom their organizations do business. | |
[removed] | in sports teams. | |
[removed] | and question the wisdom of the deal. | |
[removed] | that lead to office romance. |
Some writers deny that employees have any obligation of loyalty to the company, because
Answer
[removed] | companies are not the kind of things that are properly objects of loyalty. | |
[removed] | you cannot trust anyone. | |
[removed] | it’s every man for himself. | |
[removed] | 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?
Answer
[removed] | the purpose of the gift | |
[removed] | the size of the business | |
[removed] | amount of the cash | |
[removed] | whether the company is privately held or publicly held |
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". |
To resolve difficult moral dilemmas, the better we understand the exact ramifications of the alternatives—the more likely we are
Answer
[removed] | to make a sound moral decision. | |
[removed] | to drive the boss crazy. | |
[removed] | to be a success. | |
[removed] | 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,
Answer
[removed] | those who disclose a conflict of interest rarely end up giving more biased advice than those who do not disclose | |
[removed] | those who disclose a conflict of interest always end up giving more biased advice than those who do not disclose | |
[removed] | People tend to fail to discount the advice as much as they should. | |
[removed] | 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?
Answer
[removed] | power trips | |
[removed] | egos | |
[removed] | stepping stones to success | |
[removed] | personal gain |
Whistle-blowers are only human beings, not saints, and they sometimes have their own
Answer
[removed] | salary. | |
[removed] | self-serving agenda. | |
[removed] | bandwagon. | |
[removed] | office. |
U.S. companies have a history of paying off foreign officials for business favors. Such acts were declared illegal by
Answer
[removed] | the U.S. Customs department. | |
[removed] | the Vice President. | |
[removed] | the Foreign Corrupt Practices Act (FCPA) of 1977. | |
[removed] | the United Nations. |
According to the Supreme Court,
Answer
[removed] | 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. | |
[removed] | anyone buying/selling stock based on nonpublic information is guilty of inside trading. | |
[removed] | insider trading violates the interstate commerce clause of the Constitution. | |
[removed] | 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?
Answer
[removed] | a golden opportunity | |
[removed] | a conflict of interest | |
[removed] | a balance of power | |
[removed] | a disaster |
The Donald Wohlgemuth case shows that
Answer
[removed] | trade secrets can be patented. | |
[removed] | trade secrets often become an integral part of an employee's total job skills and capabilities. | |
[removed] | employees need to divest themselves of any skill acquired while handling trade secrets. | |
[removed] | "noncompete" or "nondisclosure" contracts are always legally valid. |
In the 1997 case of U.S. v. Hagan, the Supreme Court found that Hagan
Answer
[removed] | had been discriminated against because of whistle blowing. | |
[removed] | was innocent of insider trading. | |
[removed] | violated the FCPA despite never having gone overseas. | |
[removed] | had misappropriated confidential information. |
Shaw and Barry mention three arguments for legally protecting trade secrets. Which of these is one of them?
Answer
[removed] | Trade secrets are the intellectual property of the employee who developed them. | |
[removed] | Employees who disclose trade secrets | |
[removed] | Trade secrets are patented. | |
[removed] | 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
Answer
[removed] | doesn't have to be a past or present member of the organization. | |
[removed] | doesn't have to report activity that is illegal, immoral, or harmful. | |
[removed] | is any employer who spreads gossip. | |
[removed] | far from being disloyal, may be acting in the best interest of the organization. |
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