Reference no: EM133038971

Preparation for the essay exam: 

• Financial Disaster of 2008: Who were the main players? What are some main ethical dilemmas that lead to the disaster? What were the results for the disaster?
• Why bother teaching ethics?
• Be familiar with the Bernie Madoff story as well as his view of what happened
• Be able to describe the three main approaches to ethical decision making in business
• Identify and be able to use the 9 steps to ethical decision making in business. You will be given a case that you will need to work through using the 9 steps.
• Be able to discuss in detail, Dan Ariely's fudge factor
• Be familiar with Jonathan Haidt's use of metaphor to describe ethical decision-making behavior. How does his view of ethical decision making differ from more traditional views put forward by Bentham and Kant.
• Be familiar with the Ford Pinto case. Be able to discuss Denny Gioia's personal experience at Ford and his involvement with the case.
• Be able to explain Kohlberg's stages of moral development and how they can be related to the 60-minute piece dealing with moral development in children.
• Be familiar with the different bias that affect decision making in ethical dilemmas.
• Be able to explain the terms; power of fairness, conflict of interest, discrimination, customer confidence, use of corporate resources and whistleblower.
• Be able to explain leadership ethics and how to create  an ethical corporate culture
• Explain the fundamental difference between the management and ethical believes of Aaron Feuerstein and Al Dunlap. Describe the shareholders point of view in both cases.
• Be familiar with the major factors and leadership failures that lead to the BP disaster.