Exam 5: Ethics and International Business

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Sid Maxwell (Scenario) Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region. -Which of the following can extend legal protection to Hudson's proprietary software used in its toys?

(Multiple Choice)

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Question 21

Failure to adopt CSR behaviors can have high detrimental effects on a company.

(True/False)

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Question 22

Relying on one's instincts is often the best way to identify an ethical problem.

(True/False)

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Question 23

Firms with a strong social interest ________.

(Multiple Choice)

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Question 24

When using the five-step framework for making ethical decisions, which of the following steps involves investigating which individuals have a stake in the outcome?

(Multiple Choice)

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Question 25

Define ethics. Provide examples of unethical behavior exhibited by firms.

(Essay)

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Question 26

What is a code of conduct? What function does it serve for businesses?

(Essay)

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Question 27

The five approaches to analyzing ethical problems rarely conflict with each other.

(True/False)

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Question 28

An individual who believes in ethical normativism is most likely to view ethical behavioral standards as ________.

(Multiple Choice)

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Question 29

In a short essay, explain the concept of CSR. List some typical CSR values.

(Essay)

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Question 30

In terms of CSR and sustainability, going ________ means institutionalizing appropriate behavior into the organization's culture so it becomes part and parcel of strategy.

(Multiple Choice)

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Question 31

Improper ethical behavior is unlikely to result when bad means are justified by good ends.

(True/False)

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Question 32

In the five-step framework for making ethical decisions, implementing a course of action implies ________.

(Multiple Choice)

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Question 33

Evaluation of results is the last step of the framework for arriving at ethical decisions.

(True/False)

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Question 34

The process of reproducing assets without compensating those who originally created them is known as ________.

(Multiple Choice)

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Question 35

In countries with questionable ethical norms, it is usually ill-advised to maintain ethical standards superior to what is required by local laws and values.

(True/False)

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Question 36

According to the virtue approach ________.

(Multiple Choice)

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Question 37

Intellectual property rights law enacted in one country are enforceable worldwide.

(True/False)

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Question 38

Widespread corruption hinders economic development.

(True/False)

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Question 39

Which of the following would most likely be considered an appropriate action for a multinational company in meeting its global corporate social responsibility obligations?

(Multiple Choice)

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Question 40

Showing 21 - 40 of 93

Failure to adopt CSR behaviors can have high detrimental effects on a company.

Relying on one's instincts is often the best way to identify an ethical problem.

Firms with a strong social interest ________.

When using the five-step framework for making ethical decisions, which of the following steps involves investigating which individuals have a stake in the outcome?

Define ethics. Provide examples of unethical behavior exhibited by firms.

What is a code of conduct? What function does it serve for businesses?

The five approaches to analyzing ethical problems rarely conflict with each other.

An individual who believes in ethical normativism is most likely to view ethical behavioral standards as ________.

In a short essay, explain the concept of CSR. List some typical CSR values.

In terms of CSR and sustainability, going ________ means institutionalizing appropriate behavior into the organization's culture so it becomes part and parcel of strategy.

Improper ethical behavior is unlikely to result when bad means are justified by good ends.

In the five-step framework for making ethical decisions, implementing a course of action implies ________.

Evaluation of results is the last step of the framework for arriving at ethical decisions.

The process of reproducing assets without compensating those who originally created them is known as ________.

In countries with questionable ethical norms, it is usually ill-advised to maintain ethical standards superior to what is required by local laws and values.

According to the virtue approach ________.

Intellectual property rights law enacted in one country are enforceable worldwide.

Widespread corruption hinders economic development.

Which of the following would most likely be considered an appropriate action for a multinational company in meeting its global corporate social responsibility obligations?

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

Organizational Participants That Make International Business Happen

The Cultural Environment of International Business

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention in International Business

Regional Economic Integration

Understanding Emerging Markets

The International Monetary and Financial Environment

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Exporting and Countertrade

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Global Sourcing

Marketing in the Global Firm

Human Resource Management in the Global Firm

Financial Management and Accounting in the Global Firm

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