Exam 5: Ethics and International Business

An international human rights organization recommends that its member countries review their human rights policies on a periodic basis to ensure that their governments are upholding ethical standards for the treatment of prisoners. Which of the following represents the most effective reasoning in support of the organization's recommendation?

________ represents the base of the pyramid of ethical behavior.

Sustainable firms ________.

Which of the following approaches to ethical standards for corporate governance reflects the view that the best ethical action is the one that provides the most good or the least harm?

Freedom Shoes (Scenario) Freedom Shoes Inc., a sports shoe company, is considering entering into a contract with an overseas vendor to expand its production capacity. The company investigated several suppliers and found one vendor to be the most attractive in terms of cost and manufacturing efficiency. However, Freedom's managers have heard reports that the vendor operates factories with sweatshop conditions. -Which of the following, if true, implies that Freedom has a strong social interest?

Corporate codes of conduct emphasize standards related to ethics and social responsibilities.

Which of the following is true with regard to bribery?

Experienced managers scan operations in each country and potential partners for the possibility of ethical abuses. Such scanning is an ongoing process because company operations and environments evolve continuously.

Which of the following refers to a typical CSR value?

The Global Reporting Initiative pioneered the development of the most widely used sustainability reporting framework.

Which of the following is true with regard to the rights approach?

Easy accessibility of the Internet has led to a perceptible decline in deceptive marketing.

In a short essay, explain the five-step framework for making ethical decisions. Provide an example of how the framework can help managers resolve ethical dilemmas.

Which of the following is true of a good code of conduct?

________ represents the apex of the pyramid of ethical behavior.

Which of the following approaches to ethical standards for corporate governance reflects the view that the best action treats everyone equally and in a just manner?

The utilitarian approach is based on the belief that, regardless of how one deals with an ethical dilemma, human dignity must be preserved.

Ethical behavior represents the base of the the pyramid of ethical behavior.

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. -Hudson uses a distinctive sign to enable its customers to easily identify its products. This distinctive sign that the company also uses to distinguish its offerings from that of its competitors is known as a ________.

The Nike "Swoosh" is an example of a ________.