Exam 9: Suppliers, Competitors, and Business

Crane et al define a conflict of interest as follows: 'A conflict of interest occurs when a person's or organization's obligation to act in the interests of another is interfered with by a competing interest that may ________ the fulfilment of that obligation.'

With which of the following statements on ethical issues in relation to competitors would Crane et al agree?

According to resource dependence theory, power derives from the degree of dependence that each actor has on the other's resources. This dependence is a function of the quality of an organization's resources and how useful they are to the other party.

What are industrial ecosystems?

You are the purchasing manager at ACME Ink Supplies, Inc. The sales rep from a new supplier gives you a large box of premium quality Belgian chocolates after your first test purchase, with a note thanking you for the business. You like chocolates, but are not sure you should take the gift. What would Crane et al suggest you might consider in making up your mind? Please select all that apply.

Which of the following factors does the extended chain of responsibility not involve?

As western firms have become more familiar with traditions, such as the Chinese practice of guanxi, so they have increasingly tolerated gift-giving practices in such countries. What is the reason for this, according to Donaldson (1996)?

According to Crane et al, the two key ethical issues relating to inter-organisational competition are competition that is overly aggressive and insufficient competition.

Unethical negotiating tactics impose which costs on negotiators mentioned below? Choose all that apply.

According to Crane et al, when a group of competitors band together in a cartel or trading group to fix prices and other trading arrangements for their own mutual benefit, this has no ethical implications.

Which of the below is not a main strategy of business to business regulation?

The _______ is a way of organizing activity based on returning all resources involved in the production of goods and services back into productive used with the goal of eliminating waste and reducing material inputs.

Crane et al suggest that businesses can best be understood as part of an industrial network rather than part of a simple exchange between two parties. What does this suggest about corporate interactions?

_________ or ________ information refers to any kind of information that the organization feels should not be freely available to outsiders and therefore should have some kind of moral or legal protection

Which of the following are key advantages of blockchain technology in enhancing traceability and transparency within supply chains?