Question 1

Which of the following is true of a code of ethics?

Accepted Answer

A) It guides decision-making by all employees in the firm. 
B) It does not define the values and principles that are intended to guide organizational decision making. 
C) It emphasizes profit over righteousness. 
D) It is a cure for all ethical dilemmas. 
A) It guides decision-making by all employees in the firm. 
B) It does not define the values and principles that are intended to guide organizational decision making. 
C) It emphasizes profit over righteousness. 
D) It is a cure for all ethical dilemmas.

Question 2

________ refers to offering, giving, receiving, or soliciting anything of value to influence the actions of a government official or a corporate manager.

Accepted Answer

A) Patenting 
B) Piracy 
C) Bribery 
D) Normativism 
A) Patenting 
B) Piracy 
C) Bribery 
D) Normativism

Question 3

Economic interests refer to a firm's economic impact on ________.

Accepted Answer

A) the localities where it does business 
B) the top management of the firm 
C) the middle management of the firm 
D) the society as a whole 
A) the localities where it does business 
B) the top management of the firm 
C) the middle management of the firm 
D) the society as a whole

Question 4

________ refers to ideas or works created by individuals or firms and includes a variety of proprietary, intangible assets: discoveries and inventions; artistic, musical, and literary works; and words, phrases, symbols, and designs.

Accepted Answer

A) Global sourcing 
B) Corporate governance 
C) Constant capital 
D) Intellectual property 
A) Global sourcing 
B) Corporate governance 
C) Constant capital 
D) Intellectual property

Question 5

Which of the following approaches to ethical standards for corporate governance reflects the view that the best action emphasizes the welfare of the entire community or nation?

Accepted Answer

A) rights approach 
B) utilitarian approach 
C) common good approach 
D) virtue approach 
A) rights approach 
B) utilitarian approach 
C) common good approach 
D) virtue approach

Question 6

Which of the following behaviors of a firm can be called unethical?

Accepted Answer

A) setting up operations abroad 
B) manufacturing luxury consumer goods 
C) tolerating sweatshop conditions 
D) failing to meet shareholders' expectations with regard to annual profit 
A) setting up operations abroad 
B) manufacturing luxury consumer goods 
C) tolerating sweatshop conditions 
D) failing to meet shareholders' expectations with regard to annual profit

Question 7

Sustainable firms ________.

Accepted Answer

A) have a high employee turnover rate 
B) have greater liabilities than assets 
C) avoid emitting toxic wastes 
D) actively resist organizational change 
A) have a high employee turnover rate 
B) have greater liabilities than assets 
C) avoid emitting toxic wastes 
D) actively resist organizational change

Question 8

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

Accepted Answer

A) wide 
B) deep 
C) local 
D) global 
A) wide 
B) deep 
C) local 
D) global

Question 9

The five approaches to analyzing ethical dilemmas often lead to similar solutions.

Accepted Answer

A) True 
 B)False

Question 10

In countries with minimal corruption ________.

Accepted Answer

A) commercial laws are unfair and discriminatory 
B) financial and accounting information is transparent 
C) direct investment does not take place 
D) the contribution of the private sector to the national GDP is negligible 
A) commercial laws are unfair and discriminatory 
B) financial and accounting information is transparent 
C) direct investment does not take place 
D) the contribution of the private sector to the national GDP is negligible

Question 11

Sean, a senior manager in Freedom, adheres to the relativist view regarding ethical standards. He goes by the rule, "When in Rome, do as the Romans do." Sean is most likely to agree strongly with which of the following views?

Accepted Answer

A) Freedom should not partner with foreign business entities. 
B) Freedom should passively accept the practices that prevail in countries where it does business. 
C) Freedom should not hire foreign managers. 
D) Freedom should institute a single global code of conduct for all its employees and suppliers. 
A) Freedom should not partner with foreign business entities. 
B) Freedom should passively accept the practices that prevail in countries where it does business. 
C) Freedom should not hire foreign managers. 
D) Freedom should institute a single global code of conduct for all its employees and suppliers.

Question 12

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?

Accepted Answer

A) fairness approach 
B) virtue approach 
C) utilitarian approach 
D) rights approach 
A) fairness approach 
B) virtue approach 
C) utilitarian approach 
D) rights approach

Question 13

Which of the following countries have the LEAST corruption?

Accepted Answer

A) Mexico 
B) Philippines 
C) Russia 
D) Denmark 
A) Mexico 
B) Philippines 
C) Russia 
D) Denmark

Question 14

________ represents the apex of the pyramid of ethical behavior.

Accepted Answer

A) Ethical behavior 
B) Corporate social responsibility 
C) Complying with laws and regulations 
D) Guarding against corruption 
A) Ethical behavior 
B) Corporate social responsibility 
C) Complying with laws and regulations 
D) Guarding against corruption

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n)________.

Accepted Answer

A) tangible asset 
B) intellectual property 
C) trademark 
D) trade secret 
A) tangible asset 
B) intellectual property 
C) trademark 
D) trade secret

Question 18

Firms with a strong social interest ________.

Accepted Answer

A) openly support the use of sweatshops 
B) aim to optimize work conditions and diversity in hiring 
C) are reluctant to provide health insurance to employees 
D) engage in deceptive marketing 
A) openly support the use of sweatshops 
B) aim to optimize work conditions and diversity in hiring 
C) are reluctant to provide health insurance to employees 
D) engage in deceptive marketing

Question 19

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

Accepted Answer

Corporate social responsibility (CSR)ref

Question 20

Acknowledging the presence of an ethical problem is the first step of the framework for arriving at ethical decisions.

Accepted Answer

A) True 
 B)False

Which of the following is true of a code of ethics?

________ refers to offering, giving, receiving, or soliciting anything of value to influence the actions of a government official or a corporate manager.

Economic interests refer to a firm's economic impact on ________.

________ refers to ideas or works created by individuals or firms and includes a variety of proprietary, intangible assets: discoveries and inventions; artistic, musical, and literary works; and words, phrases, symbols, and designs.

Which of the following approaches to ethical standards for corporate governance reflects the view that the best action emphasizes the welfare of the entire community or nation?

Which of the following behaviors of a firm can be called unethical?

Sustainable firms ________.

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

The five approaches to analyzing ethical dilemmas often lead to similar solutions.

In countries with minimal corruption ________.

Sean, a senior manager in Freedom, adheres to the relativist view regarding ethical standards. He goes by the rule, "When in Rome, do as the Romans do." Sean is most likely to agree strongly with which of the following views?

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?

Which of the following countries have the LEAST corruption?

________ represents the apex of the pyramid of ethical behavior.

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

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

The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n)________.

Firms with a strong social interest ________.

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

Acknowledging the presence of an ethical problem is the first step of the framework for arriving at ethical decisions.

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

The Cultural Environment of International Business

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention and Regional Economic Integration

Understanding Emerging Markets

The International Monetary and Financial Environment

Financial Management and Accounting in the Global Firm

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Exporting and Global Sourcing

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Marketing in the Global Firm

Human Resource Management in the Global Firm

Filters

Exam 4: Ethics, Corporate Social Responsibility, Sustainability and Corporate Governance

Which of the following is true of a code of ethics?

________ refers to offering, giving, receiving, or soliciting anything of value to influence the actions of a government official or a corporate manager.

Economic interests refer to a firm's economic impact on ________.

________ refers to ideas or works created by individuals or firms and includes a variety of proprietary, intangible assets: discoveries and inventions; artistic, musical, and literary works; and words, phrases, symbols, and designs.

Which of the following approaches to ethical standards for corporate governance reflects the view that the best action emphasizes the welfare of the entire community or nation?

Which of the following behaviors of a firm can be called unethical?

Sustainable firms ________.

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

The five approaches to analyzing ethical dilemmas often lead to similar solutions.

In countries with minimal corruption ________.

Sean, a senior manager in Freedom, adheres to the relativist view regarding ethical standards. He goes by the rule, "When in Rome, do as the Romans do." Sean is most likely to agree strongly with which of the following views?

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?

Which of the following countries have the LEAST corruption?

________ represents the apex of the pyramid of ethical behavior.

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

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

The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n)________.

Firms with a strong social interest ________.

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

Acknowledging the presence of an ethical problem is the first step of the framework for arriving at ethical decisions.

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

The Cultural Environment of International Business

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention and Regional Economic Integration

Understanding Emerging Markets

The International Monetary and Financial Environment

Financial Management and Accounting in the Global Firm

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Exporting and Global Sourcing

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Marketing in the Global Firm

Human Resource Management in the Global Firm

Filters