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Resolve this ethical dilemma posed by Carl Kaufmann of Du Pont 89; (Carl Kaufmann, "A Five-Part Quiz on Corporate Ethics," Washington Post, July 1, 1979, pp. C-1, C-4.)Assume that federal health investigators are pursuing a report that one of your manufacturing plants has a higher-than-average incidence of cancer among its employees. The plant happens to keep excellent medical records on all its employees, stretching back for decades, which might help identify the source of the problem. The government demands the files. But if the company turns them over, it might be accused of violating the privacy of all those workers who had submitted to private medical exams. The company offers an abstract of the records, but the government insists on the complete files, with employee names. Then the company tries to obtain releases from all the workers, but some of them refuse. If you give the records to the feds, the company has broken its commitment of confidentiality. What would you do?
If some auction participants for crude oil field leases have estimates that the oil in the ground is worth $1.2 million, $1.3 million, or $1.5 million with certainty; and other auction participants have estimates that the same oil f..
The manager of a corporate division faces the possibility of an audit every year. She preferes to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere. The auditor, who gets recognized for uncover..
1. Describe Senator Reid's delivery style 2. What type of presentation is Senator Reid giving Is this the most effective style of presentation for this situation Why or why not
The nation of Aquilonia has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it is importing rice, exporting steel, and neither importing nor exporting TVs. We can conclude..
Recognize similarities and differences among common goods, public goods, private goods, and natural monopolies.
How might prohibitions on advertising affect the cigarette industry in the short run, and in the long run using a Prisoner's Dilemma sort of argument.
In 2007 and 2008 the Federal Reserve Open Market Committee voted to lower interest rates repeatedly. Please explain: a) why the Fed would do this, b) how the Fed would do this,c) Possible consequences on the economy of the Fed's actions.
Describe why alternative efficient allocations may have different total levels, and different distributions, of wealth.
Evaluate price elasticity of demand
What levels of G and T are needed to both move to full employment at Yf and balance the budget? Now assume economy is operating at full employment and that the budget is balanced. Suppose that the government imposes an income tax with a marginal t..
a limited supply of natural gas to consume (assume that no natural gas will be created in the future). Assume the demand for cubic feet of natural gas is given by the equation, P=350-5Q, the extraction of natural gas has a constant marginal cost o..
Write down a short memo to Ralph Sampson describing the analysis that the company should do before it makes this decision and any other considerations that would affect decision.
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