Instructions: In most cases, moral and ethical dilemmas are dilemmas because they cannot be easily solved. For this reason, there generally are not right or wrong answers. Therefore, what I am looking for is YOUR logic, YOUR belief system, YOUR critical thinking about how these dilemmas relate to the concepts youâve learned this week. Your answers should be substantive (generally AT LEAST two paragraphs) and provide examples when appropriate.
1.Why is a firmâs corporate reputation important? Explain how a company can quickly lose their positive corporate reputation. How can a company regain a positive reputation after it has been tarnished?
2.When you evaluate the various stakeholder groups that companies must serve, which do you think are the most important? Why?
3.Why do you think that even with âchecks and balancesâ in place, people still behave unethically?
4.Discuss the âtricks of the tradeâ where manipulation of financial records might hide unethical behaviors.