BUS 240 - Business Ethics This is an essay exam. Select three questions, one fro
ID: 450173 • Letter: B
Question
BUS 240 - Business Ethics
This is an essay exam.
Select three questions, one from three different chapters (30 points each) and select one final question (10 points). You will answer a total of four questions.
Thoroughly address the ideas, views and topics of each question you select by writing paragraphs that are organized and that clearly state your response. Provide support for each of your responses which include your own thoughts and comments to clearly demonstrate your understanding and grasp of the ethical concepts presented in the question.
Write a minimum of two paragraphs and a maximum of one page for each question you select. Write your responses in a business professional tone.
Suggestion: Include personal illustrations and/or examples from your textbook reading and cases to support your answer for each question.
Type your name, the date, course prefix (BUS 240) and the name of the course in the heading of your exam.
Chapter 8
What are the limitations to the employment-at-will system, and how do they arise?
Chapter 9
3. Explain the argument that workers assume the risk of hazardous jobs, and describe how the argument can be challenged.
Chapter 10
5. What specific ethical issues arise from the point of view of the salesperson?
Chapter 11
Describe how the ideal of fairness plays out in the financial markets.
Chapter12
Describe the current status of corporate social responsibility as an expectation for businesses.
Chapter 13
What was the nature of the change in corporate ownership that occurred in the early 20th century?
Chapter 14
Describe the codes of ethics that are understood to apply to all forms of international business.
Final Question (10 points)
Are there any other cardinal marketing values besides well-being, fairness, and freedom? Or do other values fall under one of those three?
2. How does the field of finance provide intrinsic motivation for deception?
3. What advantages does the stakeholder theory of corporate control have over the shareholder theory?
Explanation / Answer
What are the limitations to the employment-at-will system, and how do they arise?
Employement at will system gives the emloyee the full freedom to leave the company at their will. They joined the job at their will and can leave whenever they feel like. Likewise, the employer can also terminate the employee when they want without giving any reasons to the employee. Because of employment-at-will system , a lot of limitations creep into the system like - lack of mutual trust between the employee and the employer. This lack of trust is detremental to the progress of the orgnization. It brings down the efficiency and increases the attrition rate of the organization.
Limitations : There are various limitations to emlpyement at will which are stated below-
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