Exam 5: Ethics and Social Responsibility in International Business
Exam 1: An Overview of International Business118 Questions
Exam 2: Global Marketplaces and Business Centers127 Questions
Exam 3: Legal, Technological, and Political Environments115 Questions
Exam 4: The Role of Culture125 Questions
Exam 5: Ethics and Social Responsibility in International Business118 Questions
Exam 6: International Trade and Investment126 Questions
Exam 7: The International Monetary System and the Balance of Payments127 Questions
Exam 8: Foreign Exchange and International Financial Markets125 Questions
Exam 9: Formulation of National Trade Policies120 Questions
Exam 10: International Cooperation Among Nations125 Questions
Exam 11: International Strategic Management123 Questions
Exam 12: Strategies for Analyzing and Entering Foreign Markets122 Questions
Exam 13: International Strategic Alliances122 Questions
Exam 14: International Organization Design and Control119 Questions
Exam 15: Leadership and Employee Behavior in International Business124 Questions
Exam 16: International Marketing120 Questions
Exam 17: International Operations Management119 Questions
Exam 18: International Financial Management120 Questions
Exam 19: International Human Resource Management and Labor Relations123 Questions
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How do organizations that are socially responsible treat their workers? What international organizations monitor the treatment of workers?
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Correct Answer:
Organizations that are socially responsible treat their workers fairly, make them part of the team, and respect their dignity and basic human needs. The International Labor Organization (ILO) has become a major watchdog for monitoring working conditions in factories in developing countries.
A company taking a proactive approach to social responsibility will most likely ________.
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Correct Answer:
A
Logix Manufacturing is a U.S. firm with a factory in Mexico City. Local leaders in Mexico City ask Logix managers to make contributions to a youth sports organization. Logix provides the league with new equipment and uniforms. Which stance towards social responsibility does Logix most likely have?
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Correct Answer:
C
A firm that wants to review the effectiveness of its social responsibility efforts should most likely conduct a(n) ________.
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The primary purpose of the Kimberley Process is to eliminate the smuggling and corruption associated with the South African diamond industry.
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When tobacco companies make a decision to follow laws regarding the marketing of its products in the United States but market its tobacco aggressively in countries without such regulations, this is an example of which approach to social responsibility?
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What is social responsibility? What are the three main groups a global firm targets with its social responsibility efforts?
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What is ethical compliance? How can global firms improve the ethical compliance of their employees?
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Examples of promoting the general welfare of society include all of the following except ________.
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Companies that are socially responsible to their investors do which of the following?
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Why is gift exchange in business relationships more common in high-context, power-respecting cultures than in low-context, power-tolerant cultures?
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Why is it important for top management to demonstrate ethical behavior?
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A company that is socially responsible will most likely ________.
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A company with a defensive stance to social responsibility will do everything that is required of it legally but nothing more.
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What activities are undertaken by an organization when it performs a corporate social audit?
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Codes of ethics are one of the most common methods of addressing appropriate ethical behavior within organizations.
(True/False)
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Behavior that fails to conform to generally accepted social norms is considered ________.
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Under the Anti-Bribery Convention of the Organization for Economic Cooperation and Development, those convicted of paying bribes do not face jail time, only fines.
(True/False)
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How do multi-national firms manage the ethical behavior of employees and maintain social responsibility towards organizational stakeholders?
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