Exam 5: Ethics and Social Responsibility in International Business

Morton Enterprises manufactures electronic components used in automobiles. The firm is currently based in the United States but is planning to expand operations overseas. Morton's new manufacturing facilities in China and Bangladesh are scheduled to open in six months. HR and top executives are working together to revise the firm's code of ethics. Ten of Morton's American managers will be relocated overseas for at least three years to manage international operations alongside locally hired managers. Which of the following training topics would most likely prepare expatriate managers for handling ethics issues in China and Bangladesh?

What is philanthropic giving? Provide an example of a firm that is philanthropic.

The Body Shop seeks out opportunities to improve the welfare of individuals all over the world. It has adopted the ________ to social responsibility.

Which of the following best explains why looting was uncommon in Japan after the country's 2011 earthquake and tsunami?

The Anglo-Saxon approach focuses on cooperation between the state, the market, and civil society.

Which term refers to a decision that benefits an individual to the possible detriment of the organization?

McDonald's Ronald McDonald House program is an example of a(n) ________ to social responsibility.

The Anglo-Saxon approach to corporate social responsibility views the state, the market, and civil society as separate, competitive, and antagonistic.

Gift exchanges are likely to be considered a conflict of interest in a ________ culture.

Under the Foreign Corrupt Practices Act, American firms are permitted to pay bribes only in those countries where bribery is considered a normal part of business.

What is a code of ethics? What are the characteristics of an effective code of ethics?

The primary purpose of the International Labor Organization (ILO)is to ________.

What is the proactive stance to social responsibility?

What is the defensive stance to social responsibility?

Which of the following is the most resistant approach to social responsibility?

Which term refers to the disclosure by an employee of illegal or unethical conduct on the part of others within the organization?

What is the purpose of the Alien Tort Claims Act?

An MNE with a factory in Cambodia is being inspected by the International Labor Organization. What is the most likely focus of the inspection?

What is legal compliance? What laws and regulations ensure that the business practices of global firms are legal?

Which of the following best explains why international factory owners would most likely want regular ILO inspections?