Exam 5: Ethics and Social Responsibility in International Business

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

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True

According to the text, the primary ethics concerns surrounding BP related to ________.

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C

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

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D

Which of the following statements is most likely true about firms with formal codes of ethics?

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Firms that view themselves as citizens in a society and are proactive about finding ways to contribute to it are taking an accommodative stance towards social responsibility.

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According to the model developed by Rob van Tulder and Alex van der Zwart, what is the key to the Continental European Approach?

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Which term refers to an individual's personal beliefs about whether a decision, behavior, or action is right or wrong?

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Why is it important for top management to demonstrate ethical behavior?

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In an international setting, which of the following behaviors is LEAST likely to be subject to ethical ambiguity?

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Firms that view themselves as citizens of society have adopted the ________ to social responsibility.

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

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Low-context cultures are more likely to exchange gifts in a business context.

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What is the Anti-Bribery Convention of the Organization for Economic Cooperation and Development?

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Values influence how individuals define ethical versus unethical behavior.

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To date, the ILO has focused most of its efforts on improving labor conditions in China.

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

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Which of the following is not an informal dimension of social responsibility?

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

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According to the model developed by Rob van Tulder and Alex van der Zwart, firms that adhere to the Asian Way are more likely to ________.

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

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