1. Consider the functional departments of an organization which are R&D, manufacturing, marketing, HR, and finance. Which department do you think faces the greatest number of ethical challenges? Why?
  2. Provide three examples of unethical behavior that you have observed at the company you work or (or worked for in the past). What were the outcomes of this behavior?
  3. What are “Creative book keeping techniques”? Provide three examples.
  4. Explain the potential ethical challenges presented by generally accepted accounting principles (GAAP).

Internet Exercises (Complete below and answer completely)

  1. Visit the U.S. government recall website www.recalls.gov, select a product recall event from the past three years, and answer the following questions below:

a. What information would you consider to be evidence of an ethical transgression in this product recall?

b. Other than recalling the product, what other actions did the company take to address the situation?

c. What steps would you suggest that the company should have taken to restore their reputation?

  1. Locate the websites for the American Marketing Association (AMA) and the American Institute of Certified Public Accountants (AICPA). One has a “Professional Code of Conduct,” and the other has a “Statement of Ethics.” Does the terminology make a difference? Why or why not?

a. Compare and contrast the components of each approach.

b. Since the AMA offers certification as a “Professional Certified Marketer,” would the organization benefit from promoting a professional code of conduct like the AICPA? Why or why not?

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