Problem:

Question 1) If you were writing a code of ethics for your company, what would you include?

Question 2) In times of economic downturn, is ethical behavior a luxury?

Question 3) How would you handle an ethical violation committed by one of your employees?

Question 4) Nobel laureate economist Milton Friedman said that companies should focus on maximizing profits, not social responsibilities or purposes. Do you agree with this view? Why or why not?

Question 5) What aspects of P-O-L-C would be most likely to change based on what you have learned in this chapter? Explain the solution in detail.