Exam 1 & Exam 2: MAN 3025/ MAN3025 UCF (Latest
2024/ 2025 Updates STUDY BUNDLE PACKAGE WITH
SOLUTIONS) Questions & Verified Answers| 100%
Correct| Grade A
Whistleblowers - ANSWERthose individuals who report to the press, government, or
other parties outside the firm the illegal activity occurring in a firm; and may find
their jobs or careers threatened. Made Enron's unethical behavior public; Sherron
Watkins, Coleen Rowley, Cynthia Cooper;
-Sarbanes-Oxley Act of 2002 provides protection for whistleblowers
-False Claims Act
Business Ethics - ANSWERrules about how businesses and their employees ought to
behave; helps guide efforts and offers a foundation for its culture
Bribes - ANSWERpayments "up front" to influence a transaction
Kickbacks - ANSWERoccur when someone who has won a contract or made a sale
through favorable treatment gives back part of the profits from the transaction to
the party providing the favor
Sweatshops - ANSWERusually in Third world, w/ low wages, long hours, and
unhealthy conditions, and often employing children or forced labor
ethics - ANSWERrules that tell you how to behave
culture - ANSWERcharacterized by strong ethical values, and sets the
standard/environment for an ethical workplace
Org Rewards Systems - ANSWERmost of the time rewards systems are based on
"bottom line performance" (sales, profits, etc.) instead of ethical actions and
behaviors
Bottom-line mentality - ANSWER"hit your numbers no matter what it takes, which
leads to cutting corners and ignoring policies
Lack of operational controls - ANSWERfail to develop either formal or informal
controls to provide an overall oversight of worker activities, it could give these
workers an opportunity to engage in inappropriate behaviors ranging from stealing
to illegal business deals
Machiavellian personality type - ANSWERthey believe that it is acceptable to deceive
and manipulate others for personal gain; more likely to engage in unethical behavior
, Darwinian org culture - ANSWER"pressure cooker" work environment that is
characterized by "survival of the fittest" mentality, intense pressure to succeed, and
cut throat competition among workers; promotes unethical behavior because
workers must outperform others in order to survive
Weak Leadership - ANSWERmanagers make things worse by rewarding unethical
behaviors
Four key questions - ANSWER1. Is the action consistent with the actor's basic duties
(things owed) to others in the situation?
2. Does it respect the rights (basic entitlements) and other legitimate claims of the
affected parties in the situation?
3. Does it reflect best practice (ideals) for your company, profession, and/or
industry?
4. Is it compatible with the actor's own deeply held commitments (personal values)?
Stakeholder Analysis - ANSWERgather information and identify people/things
impacted by the decision and to consider the short-term and long-term, positive and
negative consequences for each group
Ethics Decision Making Model - ANSWERFour key questions to be asked
Eight Ethical Principles
Three Tests
eight ethical principles - ANSWER1. Fiduciary Principle
2. Property Principle
3. Reliability Principle
4. Transparency Principle
5. Dignity Principle
6. Fairness Principle
7. Citizenship Principle
8. Responsiveness Principle
Fiduciary Principle - ANSWERact in the best interests of the company and its
investors
Property Principle - ANSWERrespect property and the rights of those who own it
Reliability Principle - ANSWERkeep promises, agreements, contracts, and other
commitments
Transparency Principle - ANSWERconduct business in a truthful and open manner;
"open book management"
Dignity Principle - ANSWERrespect the dignity of all people; concerned with how you
treat others
2024/ 2025 Updates STUDY BUNDLE PACKAGE WITH
SOLUTIONS) Questions & Verified Answers| 100%
Correct| Grade A
Whistleblowers - ANSWERthose individuals who report to the press, government, or
other parties outside the firm the illegal activity occurring in a firm; and may find
their jobs or careers threatened. Made Enron's unethical behavior public; Sherron
Watkins, Coleen Rowley, Cynthia Cooper;
-Sarbanes-Oxley Act of 2002 provides protection for whistleblowers
-False Claims Act
Business Ethics - ANSWERrules about how businesses and their employees ought to
behave; helps guide efforts and offers a foundation for its culture
Bribes - ANSWERpayments "up front" to influence a transaction
Kickbacks - ANSWERoccur when someone who has won a contract or made a sale
through favorable treatment gives back part of the profits from the transaction to
the party providing the favor
Sweatshops - ANSWERusually in Third world, w/ low wages, long hours, and
unhealthy conditions, and often employing children or forced labor
ethics - ANSWERrules that tell you how to behave
culture - ANSWERcharacterized by strong ethical values, and sets the
standard/environment for an ethical workplace
Org Rewards Systems - ANSWERmost of the time rewards systems are based on
"bottom line performance" (sales, profits, etc.) instead of ethical actions and
behaviors
Bottom-line mentality - ANSWER"hit your numbers no matter what it takes, which
leads to cutting corners and ignoring policies
Lack of operational controls - ANSWERfail to develop either formal or informal
controls to provide an overall oversight of worker activities, it could give these
workers an opportunity to engage in inappropriate behaviors ranging from stealing
to illegal business deals
Machiavellian personality type - ANSWERthey believe that it is acceptable to deceive
and manipulate others for personal gain; more likely to engage in unethical behavior
, Darwinian org culture - ANSWER"pressure cooker" work environment that is
characterized by "survival of the fittest" mentality, intense pressure to succeed, and
cut throat competition among workers; promotes unethical behavior because
workers must outperform others in order to survive
Weak Leadership - ANSWERmanagers make things worse by rewarding unethical
behaviors
Four key questions - ANSWER1. Is the action consistent with the actor's basic duties
(things owed) to others in the situation?
2. Does it respect the rights (basic entitlements) and other legitimate claims of the
affected parties in the situation?
3. Does it reflect best practice (ideals) for your company, profession, and/or
industry?
4. Is it compatible with the actor's own deeply held commitments (personal values)?
Stakeholder Analysis - ANSWERgather information and identify people/things
impacted by the decision and to consider the short-term and long-term, positive and
negative consequences for each group
Ethics Decision Making Model - ANSWERFour key questions to be asked
Eight Ethical Principles
Three Tests
eight ethical principles - ANSWER1. Fiduciary Principle
2. Property Principle
3. Reliability Principle
4. Transparency Principle
5. Dignity Principle
6. Fairness Principle
7. Citizenship Principle
8. Responsiveness Principle
Fiduciary Principle - ANSWERact in the best interests of the company and its
investors
Property Principle - ANSWERrespect property and the rights of those who own it
Reliability Principle - ANSWERkeep promises, agreements, contracts, and other
commitments
Transparency Principle - ANSWERconduct business in a truthful and open manner;
"open book management"
Dignity Principle - ANSWERrespect the dignity of all people; concerned with how you
treat others
