MM5001-Business Ethics, Law, and Sustainability

Midterm Exam-GM3
Instructor: Yudo Anggoro, Ph.D

1. One of the myths in business ethics says that ethics is a personal, individual affair, not a public or
debatable matter. Do you agree/disagree with the statement? Please elaborate your answer.
2. Why do you think it is important to teach ethics in business schools? Do you think ethics can be
taught and trained? Why/why not?
3. What are the benefits of using stakeholder theory approach in ethical decision making? How does
this approach work?
4. Why does every ethical issue have dilemmas? Do you believe ethical dilemmas can be prevented
and solved morally without the use of principles? Explain.
5. Why is utilitarianism useful for conducting stakeholder analysis? What are the problems using this
principle?
6. In your opinion, what are the problems with the free-market society? What are the problems with
the regulated market society? Is there any third way solution?
7. Do you think ethics have universal values and apply similarly in different cultures? In a country that
has diverse cultures like in Indonesia, can we have different ethical principles among those local
cultures?
8. Do you agree with the statement that Corporate Social Responsibility (CSR) will help corporations to
attain sustainability? Please explain.
9. Please explain Indonesian culture using Hofstedes dimensions of culture (1979)! Which dimensions
can be advantages for our culture? Which dimensions should be changed?
10. What are the ethical principals we need to apply when dealing with cross-culture environment?

Questions from Cases:

Enron
1. What led to the collapse of Enron?
2. How did Enrons corporate culture promote unethical decisions and actions?
Sampoerna
1. What is the most challenging cross-cultural issue in Sampoerna after the acquisition process by
Philip Morris?
2. In your opinion, what strategy is best to manage cross-cultural issue in Sampoerna after the
acquisition?
Walmart
1. What actions could Wal-Mart have undertaken to avoid the largest class-action suit in U.S. history?
2. How could have Wal-Mart managed their reputation more aggressively?

Merck
1. What are the economic, reputation, organizational, and strategic considerations for Merck in
considering Dr. Campbells idea?
2. If you approve Dr. Campbells idea and ten other scientists want you to invest in their ideas to find
unprofitable cares for other dread diseases, are you going to invest in them all?