Problem 1. What are the primary strengths and weaknesses of the following code of ethics from AT&T?
AT&T Inc. Code of Ethics
In accordance with the requirements of the Securities and Exchange Commission and the New York Stock Exchange, the Board of Directors of AT&T Inc. (with its subsidiaries, the "Company") has adopted this Code of Ethics (this "Code") to:
• encourage honest and ethical conduct, including fair dealing and the ethical handling of conflicts of interest;
• encourage full, fair, accurate, timely and understandable disclosure;
• encourage compliance with applicable laws and governmental rules and regulations;
• ensure the protection of the Company's legitimate business interests, including corporate opportunities, assets and confidential information; and deter wrongdoing.
Problem 2. How do individuals reconcile ethical conflicts with an organization? Refer to the media tool, "Ethics Diagram."