TEST BANK for Business Ethics, Contemporary Issues and Cases, 1st Edition by Richard Spinello |
Test Bank for Business Ethics, Contemporary Issues and Cases, 1st Edition, 1e by Richard A. Spinello TEST BANK
ISBN-13: 9781506368054
TABLE OF CONTENTS:
PART I •THEORIES AND PRINCIPLES
Chapter 1 •Why Capitalism?
What Is Capitalism?
Property Rights
Free and Open Market
Archetypes of Capitalism
State-Guided Capitalism
Oligarchic Capitalism
Big-Firm Capitalism
Entrepreneurial Capitalism
Comparing the Archetypes
Capitalism and Its Critics
Capitalist Excesses
Capitalism and Income Inequality
Government Institutions and Market Failures
Moral Culture and Modern Managers
Chapter 2 •Corporate Moral Agency, Purpose, and Responsibilities
The Corporation and the Triumph of Corporate Rights
Corporate Moral Agency
Corporate Purpose
The Property Model
The Social Entity Model
Limitations of the Models
The Modified Entity Model
Corporate Accountability and Economic Mission
A Decision-Making Framework
Chapter 3 •Ethics and Corporate Social Responsibility
Plato, Aristotle, and Virtue Ethics
Consequences and Utilitarianism
Ethics as Duty
Natural Rights
Synthesis and Application
Scope of Corporate Social Responsibility
PART II •PERSONAL INTEGRITY IN THE WORKPLACE
Chapter 4 •The Person and the Corporation
An Overview of the Cases
CASE STUDY 4.1: Trouble in the Recruiting Office
CASE STUDY 4.2: Conscience and the Workplace
CASE STUDY 4.3: Karen Preston’s New Boss
CASE STUDY 4.4: Confessions of an Appliance Salesman
CASE STUDY 4.5: The “Perfect” Job Offer
CASE STUDY 4.6: The Product Manager
CASE STUDY 4.7: Telling the Truth about the Probable Sale of a Division
CASE STUDY 4.8: Should an Engineer Inform the FAA about a Defective Fuselage Design?
CASE STUDY 4.9: Who’s Responsible?
Appendix: How to Analyze a Case
PART III •CORPORATE VALUES AND RESPONSIBILITIES
Chapter 5 •The Rights of the Modern Corporation
An Overview of the Cases
CASE STUDY 5.1: Citizens United v. Federal Election Commission
Citizens United
Citizens United at the Supreme Court
Reactions to the Decision
CASE STUDY 5.2: The Hobby Lobby Case
Hobby Lobby Inc.
The Patient Protection and Affordable Care Act
Hobby Lobby and Religious Freedom
The Supreme Court Decision
The Dissent
Ramifications of Hobby Lobby
Chapter 6 •Ethics in the Investment and Financial Services Industries
An Overview of the Cases
Briefing on Insider Trading
Classical Theory of Insider Trading
Misappropriation Theory of Insider Trading
CASE STUDY 6.1: Texas Gulf Sulphur
CASE STUDY 6.2: All in the Family: The Stewart Insider Trading Case
CASE STUDY 6.3: Manipulating the LIBOR
Barclays and the Banking Industry
What Is LIBOR?
Barclays and the LIBOR
Penalties and Reforms
CASE STUDY 6.4: Fraud or Shrewd Business? The Case of Goldman Sachs
Goldman Sachs: A Brief History
Subprime Mortgages, CDOs, and Credit Swaps
Goldman Sachs and Paulson
The SEC Complaint and Goldman’s Settlement
CASE STUDY 6.5: The Wells Fargo Sales Scam
Wells Fargo & Co.
The CEO and Board of Directors
Community Banking
Culture and Sales Ethos
Cross-Selling
The Sales Scam
Corporate Reaction
The Fallout and the Future
Chapter 7 •Patients, Patents, and the Pharmaceutical Industry
An Overview of the Cases
A Note on Patents and Intellectual Property Rights
What Is Intellectual Property?
Legal Protection
Normative Justifications
Summation
Briefing on Big Pharma and Industry Regulations
Big Pharma: The Major Players
Origins of the U.S. Drug Industry
Regulating a Growth Industry
Internal Growth Followed by Industry Consolidation
The Road Ahead: Challenges and Controversies
CASE STUDY 7.1: The New Economics of Drug Pricing: Valeant Pharmaceuticals International
Valeant Pharmaceuticals International
The Valeant Business Model
A Deal with Marathon Pharmaceuticals LLC
The Philidor Connection
Valeant’s Defense
Turing Pharmaceutical Joins the Fray
Working toward Resolution
CASE STUDY 7.2: Big Pharma Confronts AIDS
The AIDS Epidemic
HIV/AIDS in Africa
Big Pharma Responds
CASE STUDY 7.3: Myriad Genetics: Patenting the Genome
Myriad Genetics
Genes and DNA: An Overview
The Myriad Genetics Patents
The Case against Gene Patents
The Case for Gene Patents
The Supreme Court Decides
Chapter 8 •Protecting the Consumer: Product Safety and Marketing
An Overview of the Cases
Briefing: Spotlight on the Tobacco Industry
Industry Origins and Growth
Health and Safety Issues
The Tobacco Industry’s Strategic Response: A Search for New Markets
Current Industry Structure and Strategy
Epilogue
CASE STUDY 8.1: Plain Packaging and the Ongoing Trials of Big Tobacco
Briefing on Safety and the U.S. Automotive Industry
The U.S. Automotive Industry
Industry Indifference: “Safety Doesn’t Sell”
The Safety Crusade Begins
“Driverless Cars” and the Future of Automotive Safety
CASE STUDY 8.2: The Chevy Cobalt Ignition Switch Crisis
The Chevy Cobalt and General Motors
Choosing an Ignition Switch for the Cobalt
Cobalt’s Fatal Accidents
The Recall and Settlement
CASE STUDY 8.3: Takata’s Airbag: Unsafe in Any Car?
Takata AG
Airbag Technology and the Airbag Industry
The Takata Recalls
Manipulating the Test Data
Postscript
CASE STUDY 8.4: The Samsung Recall: A Galaxy of Troubles
Samsung Electronics
The Galaxy Smartphone Series
Exploding Batteries
Testing Batteries and Diagnosing the Problem
Restoring the Samsung Brand
PART IV •GLOBAL CAPITALISM, CULTURE, AND JUSTICE
Chapter 9 •Business and the Environment
An Overview of the Cases
CASE STUDY 9.1: Poisoned Land: The Tragic History of Love Canal
Developing Love Canal
Hooker Chemical Corporation
Love Canal Site Purchased by Niagara Falls School Board
Hooker’s Moral and Legal Liability
Postscript
CASE STUDY 9.2: Deepwater Horizon: BP on the Edge
BP: A Short History
Macondo
The Deepwater Horizon Explosion
The Causes of the Deepwater Blowout
Environmental and Economic Effects of the Oil Spill
The Aftermath: BP on Trial
CASE STUDY 9.3: Volkswagen’s Dieselgate
Company History
The Diesel Engine and the Emissions Scandal
Exposing “Clean Diesel”
The Volkswagen Culture
Fines and Criminal Prosecutions
CASE STUDY 9.4: Chevron in the Amazon: Anatomy of Environmental Degradation and Its Aftermath
Texaco in Ecuador
Environmental Degradation
Lawsuits and Reparations
Chapter 10 •Informational Privacy and Cybersecurity
An Overview of the Cases
Briefing on Privacy Rights and Security
What Is Privacy?
The Right to Privacy
Privacy and Security
CASE STUDY 10.1: Data Breaches at Yahoo
The Rise and Fall of Yahoo
Security at Google and Yahoo
The 2014 Data Breach
A New Yahoo Breach Startles Users
Verizon and Yahoo
CASE STUDY 10.2: Going Dark: Apple versus the FBI
From Apple Computer to Apple Inc.
What Is Encryption?
Going Dark: Apple Takes on the FBI
Ethical Questions: Security versus Privacy
Postscript
Chapter 11 •Fair Competition in the Era of Informational Capitalism
An Overview of the Cases
CASE STUDY 11.1: Microsoft Accused: The Browser Wars and the Antitrust Case
The Microsoft Corporation
The Browser Wars
The Antitrust Trial Begins
The Government’s Case against Microsoft
Exclusionary Deals and Tying
Microsoft’s Defense
The Outcome
CASE STUDY 11.2: Challenging the Google Monopoly
Google’s History
Advertising and Ad Auctions
Google, the FTC, and the European Union
The EU Fines Google
Chapter 12 •Employee Rights and Sexual Harassment
An Overview of the Cases
Briefing on Duties to Employees
Employment-at-Will and Job Security
Employee Rights
Sexual Harassment
CASE STUDY 12.1: Sexual Harassment or Imprudence?
CASE STUDY 12.2: Voluntary Redundancies at PSA Group
Company History
Restructuring and Layoffs
French Labor Reform
CASE STUDY 12.3: GPS Monitoring and Employee Privacy Rights: Excerpts from Cunningham v. New York State Department of Labor
Summary and Appeals Court Decision
PART V •GLOBALIZATION AND CORPORATE RESPONSIBILITY
Chapter 13 •Global Politics and Disinvestment Strategies
An Overview of the Cases
Briefing on the History and Challenges of Globalization
Globalization: A Brief History
Challenges for Multinationals
Summation
CASE STUDY 13.1: ITT in Chile: Corporate Executives and Marxist Presidents
The Rise of ITT
Early Ethical Controversies
ITT and Allende’s Chile
Expropriation
Aftermath
CASE STUDY 13.2: Rubber at Any Price: Firestone and the African Strongman
Firestone Tire and Rubber
Firestone in Liberia
Charles Taylor and Liberia’s Civil War
Firestone’s Bargain with Taylor
Firestone Responds
Chapter 14 •Bribery and Corruption in Foreign Markets
An Overview of the Cases
Briefing on Bribery and the U.S. Foreign Corrupt Practices Act
International Corruption and Bribery: A Perennial Problem
Bribing Foreign Officials
The Foreign Corrupt Practices Act
Bribery Never Ends
CASE STUDY 14.1: GlaxoSmithKline in China
GlaxoSmithKline
China and Bribes to Chinese Doctors
The Relevant Laws
China’s Health Care System
GSK Convicted of Bribery
CASE STUDY 14.2: Seeds of Scandal at Monsanto
Monsanto’s History
Monsanto and GMOs
The Bribery Scandal
Aftermath
CASE STUDY 14.3: The Resource Curse and Equatorial Guinea
ExxonMobil in Equatorial Guinea
Postscript
Chapter 15 •Responsible Outsourcing: Fair Wages and Worker Safety
An Overview of the Cases
CASE STUDY 15.1: Worker Abuses in the Supply Chain: The Disturbing Case of Apple in China
From Apple Computer to Apple Inc.
Production and Manufacturing
Apple and Foxconn
Apple and Pegatron
Postscript
CASE STUDY 15.2: Sweatshops and Deathtraps: The Garment Industry in Bangladesh
The Country and Economy of Bangladesh
Working Conditions in the Clothing Industry
The Tazreen Factory Fire
The Rana Plaza Building Collapse
Retailers and Clothing Companies Respond