Unethical Behaviours pt 1
What is FRAUD?
Criminal term for lying or pretending.
What is THEFT?
Stealing someone's property.
How can business convey it's ethics to the public?
Answers may vary (Recycling initiatives, repurposed products, sourced materials, paying livable wages, etc.)
What is a dilemma? (How many choices are there to choose from typically)
A difficult decision has to be made between 2 or more decisions.
What was the name of the man who was convicted for Insider Trading? (x2 for correct First and Last name)
Ivan Boesky
What is MISUSE of FUNDS?
Moving money from one account to another without permission or direction.
What is DISCRIMINATION?
Not hiring someone based on race, religion, gender, or disability.
There are three ethics questions that business owners must be accountable for. What is one?
Is the business own ethical (reputation)?
How do the products affect the environment?
How are products being made (labor laws, quality of resources, extractions)?
What is 'ethics'
Values that help us decide how to make choices (right vs wrong, good vs bad)
What was the main ethical dilemma in the Burger Murders?
The burgers were poisoned, the company had to decide how to respond.
What is EMBEZZLEMENT?
Form of fraud, a person moves money into their account instead of an agreed upon account.
What is FORGERY?
Form of fraud involving ‘bad’ cheques and signing another party’s names.
Provide an example of a whistle blower that we talked about in class (name only).
Ben Franklin
Daniel Ellsberg
Coleen Rowley
Vera English
Edward Snowden
What was the trolley dilemma?
Answers may vary (5 vs 1)
What was the Valdez Oil Spill?
(x2 points for the number of oil gallons)
An environmental catastrophe, and oil tank hit a reef and poisoned the area. Over 11 million gallons of crude oil was spilt.
What is EMPLOYER THEFT?
Not compensating employees for their time, no OT or stat pay.
What is the ENVIRONMENTAL VIOLATION?
A company ignoring Environmental Laws and regulations while disposing of toxic waste.
Canada has it's own ethics code with 10 factors, list 4 of the 10.
Honesty, fairness, respect, responsibility, customer protection, employee rights, environmental responsibility, privacy, integrity, and accountability.
What is Insider Trading?
When someone makes an investment decision based on information that is not available to the public, and is not a part of the company they’re investing into.
What was the name of the company that was used as an example of recalling all products around the World when their product was tampered with in the Burger Murders video?
Johnson & Johnson (Tylenol)
What is CONCEALING INFORMATION?
Not disclosing data that should be shared about a product, dangerous, defective, ingredients.
What is TAMPERING WITH RECORDS?
Form of fraud where records are changed to deceive a customer/ stockholder/ investors.
List 3 of the consequences that occur when an unethical behaviour occurs.
job loss, fines, jail time, or stock drops
What is Whistle Blowing?
An employee in a business reporting on violations in their company.
What was the goal of the Kyoto Protocol AND did Canada succeed at that goal?
Kyoto protocol required countries to reduce carbon emissions. Canada failed that goal.