“(BUS& 201, Business Law, Hatsta)
Assignment:
LearnSmart Assign, Ch 2

Introduction Applying the WPH Process to a Business
Ethical Problem
Read the
overview below and complete the activities that follow.

One of the ways
a firm can improve its profit picture is by reconsidering its location.
Different locations affect the cost of labor, the regulatory environment in
which the firm must function, the tax burden imposed as a cost of doing
business in a particular locale, and consequently, the value of the firm to
existing and prospective owners.

CONCEPT REVIEW:
Having a clear resource that spelled out the correct ethical behaviors for a
business would be ideal. Unfortunately, no such guide exists for the
hypothetical tire company, Smooth Ride. Instead, we need a practical method for
thinking carefully about business ethics. Study the WPH framework for business
ethics, focusing especially on the role of values and the classical ethical
guidelines that activate this framework.

Comprehension Case

Smooth Ride
Location Decision
Use the decision making
process taught in this chapter to create a socially responsible ethical
decision for Smooth Ride. They know that whatever they do, they will displease
people they do not wish to disappoint. Yet as with all tough ethical decisions,
they have little choice but to make a decision that will allow them to thrive,
while being true to their ethical vision.
Smooth
Ride Tires is experiencing economic hard times. Their current revenue stream is
simply not covering their costs. Although the management of Smooth Ride has not
made a definite commitment yet, they are leaning toward moving their facilities
to Honduras. The reasons are many. The labor force in Honduras, while not as
well-trained as the American workforce, is almost half as expensive. In
addition, the Honduran government has promised that soldiers will be used to
stop any effort by the Honduran workforce to organize a union. Finally, the
weak environmental protection laws in Honduras will provide a much friendlier production
environment for a manufacturing process that is often “”dirty.”” The
daughter of a major stockholder is threatening to go to the press to
“”expose”” the motivations of management. How should management respond
if it is going to live up to its image as “”one of the most ethical firms
in the modern marketplace?””
1.
The W in the WPH framework for business ethics stands for
_______________
2.
The P in the WPH framework for business ethics stands for __________________.

3.
The H in the WPH framework for business ethics stands for
_______________.

4.
______________ are the basic unit of business ethics.

5.
When using values to determine the overall purpose that a firm
has, it is important to do which of the following?

6.
The universalization test is a useful ethical guide because
___________.
7.
The public disclosure test is a useful ethical guide because
_________.
(BUS& 201, Business Law, Hatsta)Assignment: LearnSmart Assign, Ch 2Read the
overview below and complete the activities that follow.One of the ways
a firm can improve its profit picture is by reconsidering its location.
Different locations affect the cost of labor, the regulatory environment in
which the firm must function, the tax burden imposed as a cost of doing
business in a particular locale, and consequently, the value of the firm to
existing and prospective owners.

CONCEPT REVIEW:
Having a clear resource that spelled out the correct ethical behaviors for a
business would be ideal. Unfortunately, no such guide exists for the
hypothetical tire company, Smooth Ride. Instead, we need a practical method for
thinking carefully about business ethics. Study the WPH framework for business
ethics, focusing especially on the role of values and the classical ethical
guidelines that activate this framework.Smooth Ride
Location DecisionUse the decision making
process taught in this chapter to create a socially responsible ethical
decision for Smooth Ride. They know that whatever they do, they will displease
people they do not wish to disappoint. Yet as with all tough ethical decisions,
they have little choice but to make a decision that will allow them to thrive,
while being true to their ethical vision.Smooth
Ride Tires is experiencing economic hard times. Their current revenue stream is
simply not covering their costs. Although the management of Smooth Ride has not
made a definite commitment yet, they are leaning toward moving their facilities
to Honduras. The reasons are many. The labor force in Honduras, while not as
well-trained as the American workforce, is almost half as expensive. In
addition, the Honduran government has promised that soldiers will be used to
stop any effort by the Honduran workforce to organize a union. Finally, the
weak environmental protection laws in Honduras will provide a much friendlier production
environment for a manufacturing process that is often “”dirty.”” The
daughter of a major stockholder is threatening to go to the press to
“”expose”” the motivations of management. How should management respond
if it is going to live up to its image as “”one of the most ethical firms
in the modern marketplace?””1.The W in the WPH framework for business ethics stands for
_______________2.The P in the WPH framework for business ethics stands for __________________.3.The H in the WPH framework for business ethics stands for
_______________.4.______________ are the basic unit of business ethics.5.When using values to determine the overall purpose that a firm
has, it is important to do which of the following?6.The universalization test is a useful ethical guide because
___________.7.The public disclosure test is a useful ethical guide because
_________.”