Brewster, the chief executive officer of Cog & Gear Lubricants Corporation, wants to en¬sure that Cog & Gear’s activities are legal and ethical. The best course for Brewster and Cog & Gear is to act

Comfort Foods Corporation makes and markets its products nationwide. To be considered socially responsible when making a business decision, Comfort Foods must take into account the needs of

Discount Mart Corporation contracts with companies in developing nations to produce goods, because the wage rates in those nations are significantly lower than those in the United States. Discount Mart takes steps to avoid bad publicity by monitoring its suppliers’ workplaces to make sure that the employees are not mistreated. Discount Mart is

Dyan, the owner of Expert Restoration Services, Inc., adheres to the “principle of rights” theory. Under this theory, a key factor in determining whether a business decision is ethical is how that decision

Green Hybrid Auto Corporation pays its executives an excessive amount relative to what lower-level employees at the company receive and to what executives at competitive companies are paid. Green Hybrid’s pay scale is most likely to be challenged as

In making business decisions, Ridgeline Utility Service Company and other corporations should strive to be “good citizens” by evaluating

Palette Paints, Inc. expends funds and takes steps to ensure that all employees are safe on the job, that all products are safe for consumers, and that the environmental impact of the corporation is minimal. Palette Paints appears to believe in the concept of

Petro Refining Corporation makes payments to potential customers, suppliers, and others with whom they might do business, including foreign private companies and the representatives of foreign labor organizations.  If Petro knows that these payments will be passed on to a foreign government, this practice is

Ricardo suspects his supervisor Simone of unethical accounting practices. But Ricardo does not want to report Simone if she will find out who reported her and fire Ricardo. An important feature of online reporting systems like EthicsPoint is that an employee reporting unethical behavior

Ross, a research manager for Stock & Bond Investments, Inc., adheres to utilitarian ethics. Ross will determine that an action is morally correct when it produces the greatest good for

Situations in which employers face ethical issues with respect to social media platforms include

Acting in good faith gives a business firm a better chance of defending its actions in court.

An action may be legal but not ethical.

Companies are required to set up confidential systems so that employees and others can “raise red flags” about suspected illegal or unethical auditing and accounting practices.

Company codes are not law.

Compared to business ethics, employee ethics is not an important issue.

Corporations can demonstrate corporate social responsibility by promoting goals that society deems worthwhile.

Ethics is as well defined as the law.

Given today’s global communications network, most companies can assume that their actions in other nations will go unnoticed.

Managers must apply the same standards to themselves as they do to the company’s employees.

Some provisions of U.S. bribery laws are directed toward accountants.

The concept of corporate social responsibility is imposed on corporations by law.

The study of business ethics is concerned with the purposes of a business and how that business achieves those purposes.