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Discussion Question
Essay Question
1 Define ethical climate. Discuss the differences and similarities among the ethical climates outlined in
the textbook.
2. Define bribery. Explain why certain countries are less likely to participate in such acts.
Discussion Question
Case Study
Derivative Losses at JPMorgan Chase- Main Text: Lawrence, Weber (14th ed.)
1. Does this case indicate that JPMorgan and the federal government were in a collaborative
partnership or working at arms length? Why do you think so?
2. Which stakeholders benefited, and which were hurt, by JPMorgans actions in this case?
For those that were hurt, wasnt this a risk they were willing to take?
3. Were the regulations of derivatives trading legislated by Congress in 2010 an example of
economic or social regulations? What were the arguments in favor of and opposed to these
regulations?
4. Do you believe the government should have regulated the trading of derivatives further,
and why or why not? If so, what kinds of regulations would you favor?
Essay Question
1. Government regulations come in different forms. Discuss the major types of government regulations
of business.
2. Identify and compare the four reasons why governments turn to regulation as a way to solve their
problems.