Exam 5: Ethics and Social Responsibility in International Business

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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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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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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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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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________ are the things a person feels to be important.

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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.

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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.

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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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