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3. You manage a production facility for a car company. Car parts are made all over the world and shipped to your facility for assembly. One day, the production line boss stops by your office and mentions that some of the parts have been breaking after installation. You tell her “I don’t care how you do it - just fix the problem!” Months later, you’re shocked to learn that customers have been injured when the radio knob breaks off and hits them in the eye while driving. Sure enough – it’s the part your production manager warned you about. Apparently the “fix” she came up with was bubble gum and glue. It didn’t work. You are fired. Have you done anything wrong? Explain. _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 4. You are a bookkeeper for a tech company. Your company is all about keeping up on the latest innovations. As a result, management requires the tech engineers to attend a lot of classes and conventions. Several of them recently returned from TechNoGo, a big convention in Vegas. When you go through their expense reports you notice many questionable charges which indicate that they spent far more time partying than attending the conference. “Oh well,” you think, “they’re young and this only happens a few times a year. I guess I’ll let it _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 5. You run a toy business. You sure are busy around the holidays! So busy, in fact, that every year you hire a small North Pole toy manufacturer to help your company fill orders. Wow, that company sure can turn out the toys fast and cheap! One day you find out that it is able to do this by employing tiny elves who are very poorly paid and forced to work long hours in unsafe and unsanitary conditions. Unfortunately, the tiny elves desperately need their jobs, so you are hesitant to fire the company. No one from your company did any investigation before hiring this sleazy manufacturer. Have you done anything wrong? Explain. _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ PRODUCT REVIEW go this time, and not call them out on it.” Have you done anything wrong? Explain.
183 THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY
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