Exam 5: Ethics and Social Responsibility in International Business

What organization is the major watchdog for monitoring working conditions in factories in developing countries?

According to a survey on the acceptability of bribing officials when doing business in foreign countries, which of the following was the most tolerant of bribery?

What is whistle-blowing? What risks might a whistle-blower face?

What are the primary regulations that attempt to address issues of international ethics and social responsibility? Summarize the purpose of each regulation.

Justin is aware that his supervisor used corporate funds to pay for a personal vacation and reports the offense. This is called ________.

What is the obstructionist stance to social responsibility?

Social responsibility is the set of obligations an organization undertakes to protect and enhance the society in which it functions.

BP's program to prepare managers at headquarters for assignments in Russia is an example of ________.

The fundamental reason for the existence of a business is to create value.

Ethical beliefs are primarily ________ in nature.

Alcoa's gift of $112,000 to a small town in Brazil to build a sewage treatment plant is an example of ________.

The term ________ refers to those people and organizations that are directly affected by the practices and performance of an organization.

According to the model developed by Rob van Tulder and Alex van der Zwart, which of the following best exhibits the cultural values of a nation's citizens?

What is the purpose of the Foreign Corrupt Practices Act (FCPA)?

Mick has been padding his expense account on business trips. However, it seems fair to him because the company refuses to provide him with comp time despite long hours he works on these business trips. Which ethical generalization does this most likely illustrate?

Studies indicate that despite the widespread nature of bribery in China, the corrupt behavior has no noticeable impact on the country's GDP.

The extent to which members of an organization follow basic ethical standards of behavior is ________.

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 questions is most relevant to the current discussion about the firm's code of ethics?

What constitutes ethical behavior varies from person to person.

Research indicates that as much as 50 percent of the world's diamonds are smuggled "conflict diamonds."