Importance of business ethics in strategic planning

1.    Explain business ethics in your own words. Why are business ethics important in strategic planning? How do business ethics affect the workplace?

2.    A firm’s senior managers delay a planned maintenance to make profits look better. Is this ethical? Why or why not? What is another example of questionable ethical behavior?
3.    What is the role of the accounting manager in completing the financial portion of a strategic plan?

How does this role differ from the CFO’s role?  Why are these roles important? How may each role affect the success of a strategic plan?
4.    What are a chief financial officer’s (CFO) two roles? Use real-world examples to explain why these roles are important to a company’s success.
(a) What is the probability that neither of you has a complaint about the car in the first year if the advertising claim is true?

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