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What was Purdue Pharmaceuticals’ Role Behind the Opioid Epidemic? What was the ethical dilemma that Purdue Pharmaceuticals faced? Should the Sackler family corporate executives, been sent to jail? Were the fines sufficient?
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- After reading this chapter, what are major insights you have about ethics and CSR?What unethical business practices were involved in the Wells Fargo incident? Give examples and demonstrate detailed ethical reasoning using ethical reasoning and relevant factual information1.WHAT IS CORPORATE SOCIAL RESPONSIBILITY (CSR) AND ITS BENEFITS? 2. DEFINE IN A SIMPLEST WORD, WHAT IS BUSINESS ETHICS? 3. WHAT ARE THE ELEMENTS AND DISCLOSURES THAT CONSISTENTLY APPEAR IN A CSR REPORT? 4. WHAT ARE THE DIFFERENCE BETWEEN COMPLEX & CHALLENGING BEHAVIOURS?
- Why is it worthwhile for a firm to create an ethics program?Why should a short-term or long-term consequence make a difference in resolving an ethical dilemma?The Justice Department shut down three of the most popular online poker websites. State agencies take countless actions each year to stop illegal gaming operations. Do you believe that gambling by adults should be regulated? If so, which types? Rate the following types of gambling from most acceptable to least acceptable: Ball-Mart, a baseball card store, had a 1968 Nolan Ryan rookie card in almost perfect condition for sale. Any baseball collector would have known that the card was worth at least $1,000; the published monthly price guide listed its market value at $1,200. Bryan was a 12-year-old boy with a collection of over 40,000 baseball cards. When Bryan went to Ball-Mart, Kathleen, who knew nothing about cards, was filling in for the owner. The Ryan card was marked "1200", so Bryan asked Kathleen if this meant 12 dollars. She said yes and sold it to him for that amount. When Ball-Mart's owner realized the mix-up, he sued to rescind the contract. Who wins?
- Decribe perspective on an ethical decision as it pertains to the conduct of individuals, firms, nonprofit organizations, and government entities, including why and how you either made or supported/opposed that decision.How can the code of conduct assist ethical practices?What are the four elements of an ethics program?