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Business Ethics

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1. Discuss autonomy as a basis for argument against employment at will. Do you favor at will employment? Present at least 3 reasons to back up your belief.

2. In spite of the existence of the present legal protection, right of contract and considerations of public policy, is there a need for a new law against unjust dismissal? Why? Give three examples of unjust dismissal that you may be aware of.

3. List and discuss the ethical justification of each of the three theories that are used to determine when a product is defective and what is owed to the victims of accidents caused by defective products. Give an example of the actual usage of each of these theories when a product that was defective caused an accident.

4. Are fetal-protection policies discriminatory? Why? Present at least two examples to back up your statement.

5. What is churning? Why is it ethically objectionable? Give an example of churning and what action you feel should be taken.

6. What is Insider Trading? Why is it a fraud? Discuss the Martha Stewart case. What did she do that was so bad that she was put in prison? Do you agree with the verdict? Why?

7. Discuss the drawbacks and benefits of hostile takeovers. Give an example of a hostile takeover that you believe turned out to be beneficial for employees and one that hurt most employees of the company that was taken over.

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1. Discuss autonomy as a basis for argument against employment at will. Do you favor at will employment? Present at least 3 reasons to back up your belief.
It is believed that autonomy is the basis for employment at will. The employer can discharge the employee whenever he wants. The employee can leave employment whenever he wants, however, this clause is mainly used for firing employee and this takes away the autonomy of the employee.
I do not favor at will employment. The reasons are:
1. The law creates insecurity of job in the minds of the employee;
2. The law creates a fear of losing the jobs that makes it easy for the employer to exploit the employee.
3. In legal suits when at will law is used to fire employees the onus of proving that an employee was wrongly discharged remains with the employee.

2. In spite of the existence of the present legal protection, right of contract and considerations of public policy, is there a need for a new law against unjust dismissal? Why? Give three examples of unjust dismissal that you may be aware of.
There are currently 38 states that distinguish implied contracts as exceptions in opposition to unjust discharge. In addition, there are 11 states that use the covenant of good faith and fair dealing exceptions. Still, there is a need for a new law against unjust dismissal because the right of contract often means an implied contract and that is difficult to establish in the court of law. Moreover the covenant of good faith and fair dealing has narrowly been defined in law suits. It is difficult to prove that discharge was made with malice.
Unjust dismissals I am aware of:
1. One ...

Solution Summary

Business Ethics is discussed very comprehensively in this explanation.

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See Also This Related BrainMass Solution

Fictitious organization that exemplifies business ethics.

- Create a fictitious organization that exemplifies business ethics.
- Write a 2,100- to 2,800-word paper in which you explain the organization's ethics programs and overall ethical environment. Address the following in your examination:

o Describe current moral and ethical issues faced by the organization.
o Explain how the fictitious company deals with the relationship between ethics, morality, and social issues in the legal environment.
o Evaluate the organization's ethics program based on the code of ethics, training, monitoring, and enforcement.
o Consider the following questions:

- Code of Ethics
o Does a formal code of ethics exist?
o What topics are included in the code of ethics?
o How is the code distributed and used?
o Is the code reinforced in reward and decision-making systems?

- Training
o Is ethics emphasized to recruits and new employees?
o How are employees and managers oriented to an organization's values?
o Are managers trained in ethical decision-making?
o What ethics training exists for employees?

- Monitoring
o How are ethics and integrity measured throughout the organization?
o Are whistle-blowers encouraged? If so, how?
o Does a language exist that allows employees and managers to openly discuss ethical situations?
o What ethical considerations are incorporated into planning and policy-making at the organization?

- Enforcement
o How do managers enforce ethics?
o How are ethics enforced by the organization? How is unethical behavior dealt with?

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