Employees as Agents
Professional Ethics and Gatekeeper Function
Managerial Responsibility and Conflicts of Interest
Trust and Loyalty in the Workplace
Responsibilities to Third Parties
100
A person who acts on behalf of another person.
What is an agent?
100
A job distinguished from other jobs because it requires some very specialized knowledge or expertise.
What is a profession?
100
The _____ range from institutional investors representing thousands of individuals and institutions to day traders seeking a fast profit from slight changes in stock prices.
What is an owner?
100
_______ have authority over corporate resources and stockholders depend on their decision to use resources wisely, trust is essential.
What are managers?
100
The practice of buying or selling securities on the basis of nonpublic information that one has obtained thru confidential information.
What is insider trading?
200
Employees who have greater discretion and a greater responsibility to act in the best interests of the employer.
What is a managerial employee?
200
Gatekeepers or watchdogs ensure that those who enter the ______ are playing by the rules and conforming to the conditions that it functions as it ought.
What is marketplace?
200
A corporation is not simply the _______ _______ of private stockholders,to do as they choose.
What is private property?
200
Duska characterizes ______ as a willingness to sacrifice that is based on relationship of mutual enrichment.
What is loyalty?
200
A U.S. government agency that oversees securities transactions, activities of financial professionals and mutual fund trading to prevent fraud and intentional deception.
What is the SEC (Securities Exchange Commission)
300
A relationship that in which the employer exercises a great deal of control over the nature and terms of employment. The employee is understood is understood as lacking any special expertise and needs direct and constant supervision.
What is master-servant relationship?
300
______ ethics is concerned with the justification sense of reason.
What is philosophical?
300
A ______ ________ will impose cost and make decisions that serve the end of maintaining a fiscally stable enterprise.
What/who is responsible manager?
300
Because of ______, the overriding goal of business, companies are not the kind of things that are properly the object of loyalty.
What is profit?
300
A _______ rationale concludes that dishonesty undermines the ability of people to communicate and thus will have adverse social consequences.
What is utilitarian?
400
A fiduciary relationship that creates responsibility on both sides, the primary responsibilities lie with the employee, who owes to the employer duties of loyalty, obedience, and confidentiality, among others.
What is agent-principal relationship?
400
Analyst evaluate a company's financial prospects or ______________ so that banks and investors can make informed decisions.
What is creditworthiness?
400
The ________ that characterizes the principle-agent relationship is exploited for the personal belief of the principle.
What is vulnerability?
400
The lack of _________ between employers and their employees is what underlies Duska's claim that a company is an inappropriate object of loyalty?
What is reciprocity?
400
Bluffing, lying, manipulation and deception are part of a successful business strategy and are permissible within business based on ______.
Who is Albert Carr?
500
______ ______ would require that an individual's normal responsibilities be left at the door of the workplace, not an individual's normal responsibility be left at the door in the workplace.
What is narrow view?
500
The matter of ______ _______, we must recognize that acting on principle sometimes can require real courage, discipline, or willpower.
What is personal morality?
500
In 1998, the Security and Exchange Commission released a report that showed extensive abuse of ______ _______, such as payments used for personal travel and vacations.
What is soft money?
500
If loyalty means a willingness to sacrifice one's own interest by going above and beyond ______ employee responsibilities.
What is ordinary?
500
_____ created a persuasive analysis that three conditions must be met before whistle-blowing is considered ethically permissible.
Who is Richard DeGeorge?