Questions from Business Ethics


Q: 1. Pharmaceutical companies have to spend millions of dollars and years

1. Pharmaceutical companies have to spend millions of dollars and years of research to find just one successful drug. Merck spent time and money developing and then distributing Mectizan for free. Is...

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Q: 1. Do you consider transfer pricing to be an ethical means

1. Do you consider transfer pricing to be an ethical means of reducing a business’s tax liability? Why, and why not? 2. At what level would a transfer price cease to become reasonable, and become une...

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Q: 1. What was the most important reason for Lehman Brothers failure

1. What was the most important reason for Lehman Brothers failure? 2. What is leverage and why is it so important? 3. Prepare the journal entries for a Repo 105 transaction sequence for $1 million in...

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Q: 1. What conflicts of interest may have been involved in Black’s

1. What conflicts of interest may have been involved in Black’s activities? 2. Were Black’s non-compete agreements and payments unethical and/or illegal? 3. What questions should have been asked by In...

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Q: 1. Does accounting cause bankruptcy? 2. Should the

1. Does accounting cause bankruptcy? 2. Should the federal government have bailed out AIG, especially when it had not rescued Lehman Brothers and had let Merrill Lynch be taken over by Bank of America...

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Q: a) Is this a fair law? b) If

a) Is this a fair law? b) If you were Harold Johns, how would you ensure that Baranca executives and Baranca itself would never be vulnerable to such problems again?

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Q: 1. What major governance problems does WGH face? Which problems

1. What major governance problems does WGH face? Which problems are the most important and need to be fixed as soon as possible? 2. What are the most important ethical problems faced by a general hos...

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Q: 1. Which groups were most at fault for the LIBOR manipulations

1. Which groups were most at fault for the LIBOR manipulations: brokers, traders, bank executives, bank boards of directors, or regulators? Why? 2. What should the regulatory bodies do with the fines...

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Q: 1. Do you consider it to be unethical for insurance companies

1. Do you consider it to be unethical for insurance companies to charge high-risk people a higher premium than low-risk people? 2. Are insurance companies acting responsibly when they require customer...

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Q: 1. Should the Italian bank’s general manager hire a commercialista and

1. Should the Italian bank’s general manager hire a commercialista and pay busterella? 2. Should the general manager phone the bank’s American CEO in New York and ask for advice? 3. If you were the ba...

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