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Lenovo uses the 2x 81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows Month Price Per Chip Month January $185 July February $161 August March 51.60 September April 51.05 October May $191 November June $11.95 December That were content only parts a banda a) Using a 2 month moving averago, the forecast for periods 11 and 12 round your responses to tivo decimal placed) Month Mar Ape May Jun Jul Aug Forecast $173161 1.73 183 193 193 Price Per Chip $1.90 51 3170 $1.55 $160 5175 Sep 1 BB Od 178 Nov 152 Dec 1.57 b) Using a 3-month moving average the forecast for periode 11 and 12 s (round your responses to two deam places Month Apr May Jun Jul Aug Forecast 5159 169 179 1.90 1.92 Nov Dec Sep 1.90 Od 1 82

 
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  1. Briefly describe the common traits of codes of ethics in business. What is their purpose?
  2. Identify the five steps in the Ethics Decision Making paradigm.
  3. Briefly describe the difference between a Benefit Corporation and a traditional for-profit corporation. Provide an example of a Benefit Corporation.
  4. In the case summary of Dodge v. Ford Motor Co., 204 Mich. 459 (1919) the Court stated, “the corporation is a business, not a charity.” How does this statement support the Court’s decision?
  5. Read the case excerpt of Grimshaw v. Ford Motor Company, 119 Cal. App. 3d 757 (1981). Identify which approach to ethical decision-making you would have applied to this case if you were the judge. Explain why.
  6. Identify which CSR “school of thought” is demonstrated in Walmart’s guidelines for attorneys during litigation. Explain.
 
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Which of the following is an example of controlling variability in demand? O All the other answers are correct O A FASTPASS at a theme park O Discount movie tickets for movies in the afternoon O Happy hour at a bar How is it possible that queues occur even when the utilization is lower than 100%? O Long setup times can increase the utilization to above 100% at which point the system is no longer workable O Variability causes the system to sometimes sit idle (but this time cannot be stored) and be really busy at other times (leading to queues) O Because employees are lazy and wait for a queue to occur before they start working Larger batch sizes cause some units to be waiting while others are worked on
 
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A young mother traveling with a toddler on a long cross-country flight approached the flight attendant looking rather frantic. Because of weather and an hour-and-a-half wait on the runway to take off, the plane would arrive at its destination several hours late. The plane had made an intermediate stop in Denver to pick up passengers but not long enough for travelers to disembark. The mother told the attendant that with the delays and the long flight, her child had already eaten all the food she brought and if she didn’t feed him soon he was bound to have a total meltdown. “Can I get off for five minutes just to run and get something for him to eat?” she pleaded. “I have to recommend strongly that you stay on the plane,” the attendant said, sternly. But then, with a smile, she added, “But I can get off. The plane won’t leave without me. What can I get your son to eat?”

Turns out that flight attendant not only got the little boy a meal, but brought four other children on board meals as well. Anyone who has traveled in a plane with screaming children knows that this flight attendant not only took care of some hungry children and frantic parents, but also indirectly saw to the comfort of a planeload of other passengers. This story doesn’t surprise anyone familiar with Southwest Airlines. The airline’s mission statement is posted every 3 feet at all Southwest locations: Follow the Golden Rule—treat people the way you want to be treated.

It’s a philosophy that the company takes to heart, beginning with how it treats employees. Colleen Barrett, the president emeritus of Southwest Airlines, said the company’s cofounder and her mentor, Herb Kelleher, was adamant that “a happy and motivated workforce will essentially extend that goodwill to Southwest’s customers” (Knowledge@Wharton, 2008). If the airline took care of its employees, the employees would take care of the customers, and the shareholders would win, too. From the first days of Southwest Airlines, Herb resisted establishing traditional hierarchies within the company. He focused on finding employees with substance, willing to say what they thought and committed to doing things differently. Described as “an egalitarian spirit,” he employed a collaborative approach to management that involved his associates at every step.

Colleen, who went from working as Herb’s legal secretary to being the president of the airline, is living proof of his philosophy. A woman with little money from rural Vermont who got the opportunity of a lifetime to work for Herb when he was still just a lawyer, she rose from his aide to become vice president of administration, then executive vice president of customers, and then president and chief operating officer in 2001 (which she stepped down from in 2008). She had no formal training in aviation, but that didn’t matter. Herb “always treated me as a complete equal to him,” she said. It was Colleen who instituted the Golden Rule as the company motto and developed a model that focuses on employee satisfaction and issues first, followed by the needs of the passengers. The company hired employees for their touchy-feely attitudes and trained them for skill. Southwest Airlines developed a culture that celebrated and encouraged humor. The example of being themselves on the job started at the top with Herb and Colleen. This attitude has paid off. Southwest Airlines posted a profit for 35 consecutive years and continues to make money while other airlines’ profits are crashing. Colleen said the most important numbers on the balance sheet, however, are those that indicate how many millions of people have become frequent flyers of the airline, a number that grows every year.

Questions

1. What type of servant leader behaviors did Herb Kelleher exhibit in starting the airline? What about Colleen Barrett?

2. How do the leaders of Southwest Airlines serve others? What others are they serving?

3.Southwest Airlines emphasizes the Golden Rule. What role does the Golden Rule play in servant leadership? Is it always a part of servant leadership? Discuss.

4. Based on Figure 10.1, describe the outcomes of servant leadership at Southwest Airlines, and how follower receptivity may have influenced those outcomes.

 
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