Business Ethics - Final Exam (no key answer)

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THE INTERNATIONAL UNIVERSITY (IU) VIETNAM NATIONAL
UNIVERSITY HCMC
FINAL EXAMINATION
SUBJECT: Business Ethics
Question 2:
Accook Company has confirmed that two export shipments of Hao Hao and Good Noodles
contain the prohibited chemical Ethylene Oxide, a pesticide present in the product with
lOMoARcPSD|364906 32
serious health consequences. The following are the six characteristics of the corporation
that demonstrate the influence of severe markets on its ethical behavior:
1. The customer's requirements are always the top priority, so in the fiercely
competitive market, the company always has to innovate and produce many lines of instant
noodles to match the needs and meet the customer's criteria launched. Accook Company
upgraded and launched new product lines with many different types of noodles and flavors
but did not meet the health criteria. In order to have low prices and have many choices for
customers, the company has skipped the steps of carefully checking product ingredients. It
is unethical to sell it widely across the country and export it to other countries for
consumers.
2. In this type of tough market, it puts pressure on the company and its shareholders
tohave a high expectation of a quarterly increase in profits. This has put pressure on the
company to meet consistently high expectations, so Accook has launched low-priced
noodles to meet shareholder demand, but they have poor quality ingredients that cause
problems for consumer health care, which is seriously affected by.
3. Since the company had to depend on the needs of both customers, it made it difficult
toprocure raw materials from just one supplier. Raw material/finished product suppliers
have high requirements for companies to buy in bulk from them for low prices, which has
resulted in the company being able to buy only through a few active suppliers. . In order to
use all the raw materials purchased in bulk, the company has to use it in most of its products,
which increases the risk of materials not meeting safety and hygiene standards.
4. When the Accook company imports product shipments abroad, it needs documents
to guarantee and verify raw materials and impose some obligations and restrictions. This
has caused companies to pay more taxes, import documents, and test whether raw materials
are up to standards or not. The Accook company has withdrawn these costs and ignored
important countries such as inspection and inspection of the product manufacturing process
to minimize the cost of this work is unethical.
5. When a company does big business, it will have debts to be able to produce a
varietyof products. Creditors demanded that the company pay and repay the borrowed
money as quickly as possible, putting great pressure on the company. To repay the money
quickly, the company had to depend on revenue and profit, so Accook reduced production
costs and bought cheap raw materials.
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6. The instant noodle industry is rife with aggressive rivals, requiring the organization
tofight with a slew of other major businesses while attempting to market its products.
Accook must employ filthy techniques to promote the market and gain consumer segments
for the firm, such as depreciating the market, lowering expenses to keep prices low
(lowering labor costs, purchasing low-quality raw materials,etc.)
Accook should be concerned about customer health and utilize high-quality, properly
researched ingredients. To avoid violating business ethics, the company should
transparently disclose the exact ingredients contained in the product, strictly adhere to the
steps of ingredient inspection, and strictly adhere to the state's food safety law items in
order to increase product quality and prevent legal action
Question 4:
a. Edward Snowden, a former intelligence contractor for the US National Security
Agency, has been labeled a whistleblower after revealing top-secret informationgathering
and surveillance activities run by the NSA and GCHQ to reporters. He illegally collected
confidential information for five years while cooperating with the NSA, in violation of the
terms of the work contract. This had a significant impact on the face of the US government,
and he was charged with espionage under the United States Espionage Act.
b. Edward's disclosure to the media about top secret NSA surveillance and data
collection activities violated national security, stealing government property was unethical.
It was immoral to steal government property. This move not only sparked debate over
personal privacy, but it also sparked demonstrations and had a negative impact on US
security. He signed a labor contract with the NSA that included severe prohibitions against
disclosing classified material, therefore the leak of information not only broke the contract
but also created a significant security breach in the NSA's history.
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lOMoARcPSD|364 906 32
THE INTERNATIONAL UNIVERSITY (IU) – VIETNAM NATIONAL UNIVERSITY – HCMC FINAL EXAMINATION
SUBJECT: Business Ethics Question 2:
Accook Company has confirmed that two export shipments of Hao Hao and Good Noodles
contain the prohibited chemical Ethylene Oxide, a pesticide present in the product with lOMoARcPSD|364 906 32
serious health consequences. The following are the six characteristics of the corporation
that demonstrate the influence of severe markets on its ethical behavior: 1.
The customer's requirements are always the top priority, so in the fiercely
competitive market, the company always has to innovate and produce many lines of instant
noodles to match the needs and meet the customer's criteria launched. Accook Company
upgraded and launched new product lines with many different types of noodles and flavors
but did not meet the health criteria. In order to have low prices and have many choices for
customers, the company has skipped the steps of carefully checking product ingredients. It
is unethical to sell it widely across the country and export it to other countries for consumers. 2.
In this type of tough market, it puts pressure on the company and its shareholders
tohave a high expectation of a quarterly increase in profits. This has put pressure on the
company to meet consistently high expectations, so Accook has launched low-priced
noodles to meet shareholder demand, but they have poor quality ingredients that cause
problems for consumer health care, which is seriously affected by. 3.
Since the company had to depend on the needs of both customers, it made it difficult
toprocure raw materials from just one supplier. Raw material/finished product suppliers
have high requirements for companies to buy in bulk from them for low prices, which has
resulted in the company being able to buy only through a few active suppliers. . In order to
use all the raw materials purchased in bulk, the company has to use it in most of its products,
which increases the risk of materials not meeting safety and hygiene standards. 4.
When the Accook company imports product shipments abroad, it needs documents
to guarantee and verify raw materials and impose some obligations and restrictions. This
has caused companies to pay more taxes, import documents, and test whether raw materials
are up to standards or not. The Accook company has withdrawn these costs and ignored
important countries such as inspection and inspection of the product manufacturing process
to minimize the cost of this work is unethical. 5.
When a company does big business, it will have debts to be able to produce a
varietyof products. Creditors demanded that the company pay and repay the borrowed
money as quickly as possible, putting great pressure on the company. To repay the money
quickly, the company had to depend on revenue and profit, so Accook reduced production
costs and bought cheap raw materials. lOMoARcPSD|364 906 32 6.
The instant noodle industry is rife with aggressive rivals, requiring the organization
tofight with a slew of other major businesses while attempting to market its products.
Accook must employ filthy techniques to promote the market and gain consumer segments
for the firm, such as depreciating the market, lowering expenses to keep prices low
(lowering labor costs, purchasing low-quality raw materials,etc.)
Accook should be concerned about customer health and utilize high-quality, properly
researched ingredients. To avoid violating business ethics, the company should
transparently disclose the exact ingredients contained in the product, strictly adhere to the
steps of ingredient inspection, and strictly adhere to the state's food safety law items in
order to increase product quality and prevent legal action Question 4: a.
Edward Snowden, a former intelligence contractor for the US National Security
Agency, has been labeled a whistleblower after revealing top-secret informationgathering
and surveillance activities run by the NSA and GCHQ to reporters. He illegally collected
confidential information for five years while cooperating with the NSA, in violation of the
terms of the work contract. This had a significant impact on the face of the US government,
and he was charged with espionage under the United States Espionage Act. b.
Edward's disclosure to the media about top secret NSA surveillance and data
collection activities violated national security, stealing government property was unethical.
It was immoral to steal government property. This move not only sparked debate over
personal privacy, but it also sparked demonstrations and had a negative impact on US
security. He signed a labor contract with the NSA that included severe prohibitions against
disclosing classified material, therefore the leak of information not only broke the contract
but also created a significant security breach in the NSA's history.