Question 1

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as sustainability.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

Accepted Answer

A) companies registered in the United States 
B) foreign firms operating in U.S. territory 
C) foreign firms quoted on a U.S. stock exchange 
D) foreign companies managed by U.S. expatriates 
A) companies registered in the United States 
B) foreign firms operating in U.S. territory 
C) foreign firms quoted on a U.S. stock exchange 
D) foreign companies managed by U.S. expatriates

Question 3

Studies indicate that employee morale is largely unaffected by a company's corporate behavior.

Accepted Answer

A) True 
 B)False

Question 4

General Electric has focused on being more "green" in recent years most likely because ________.

Accepted Answer

A) the industry has always looked to GE as a trend setter in green technology 
B) GE executives believe the firm can strategically align investor and environmental interests 
C) GE executives realize that the firm can save significant money through the use of solar technology 
D) the U.S. government has decided to use GE as a test case to see if the adoption of the Kyoto Protocol can actually work for a U.S. firm 
A) the industry has always looked to GE as a trend setter in green technology 
B) GE executives believe the firm can strategically align investor and environmental interests 
C) GE executives realize that the firm can save significant money through the use of solar technology 
D) the U.S. government has decided to use GE as a test case to see if the adoption of the Kyoto Protocol can actually work for a U.S. firm

Question 5

What ethical and labor-related issues are a major challenge to footwear and clothing MNEs that operate in developing countries? What guidelines are provided by the Ethical Trading Initiative?

Accepted Answer

The many labor issues that companies mus

Question 6

The UN Global Compact is best described as a(n)________.

Accepted Answer

A) corruption mandate 
B) environmental initiative 
C) external code of conduct 
D) international trade guideline 
A) corruption mandate 
B) environmental initiative 
C) external code of conduct 
D) international trade guideline

Question 7

Which of the following is most important to the effectiveness of an internal code of conduct?

Accepted Answer

A) ensuring that employees understand the code by requiring confirmation in writing 
B) paying bonuses to suppliers and distributors that agree to the code 
C) relying on nonprofit NGOs to develop guidelines 
D) adhering to industry standards and norms 
A) ensuring that employees understand the code by requiring confirmation in writing 
B) paying bonuses to suppliers and distributors that agree to the code 
C) relying on nonprofit NGOs to develop guidelines 
D) adhering to industry standards and norms

Question 8

Governmental agencies and nongovernmental organizations monitor the behavior of companies and their employees to ensure that laws are being followed.

Accepted Answer

A) True 
 B)False

Question 9

Which level of moral development involves an individual learning role-conformity from peers, parents, and laws?

Accepted Answer

A) conventional 
B) principled 
C) autonomous 
D) preconventional 
A) conventional 
B) principled 
C) autonomous 
D) preconventional

Question 10

Which of the following most likely complicates ethical behavior for firms that expand overseas?

Accepted Answer

A) local laws and values 
B) expatriate management 
C) unstable financial settings 
D) international codes of conduct 
A) local laws and values 
B) expatriate management 
C) unstable financial settings 
D) international codes of conduct

Question 11

What is the primary concern regarding anti-corruption measures in the EU?

Accepted Answer

A) resistance to an official anti-fraud commission 
B) inability to adopt a corruption definition 
C) lack of uniform laws across nations 
D) failure to conduct internal auditing 
A) resistance to an official anti-fraud commission 
B) inability to adopt a corruption definition 
C) lack of uniform laws across nations 
D) failure to conduct internal auditing

Question 12

An important business objective for pursuing ethical behavior is to create a better relationship with corrupt politicians and customers.

Accepted Answer

A) True 
 B)False

Question 13

Which stakeholder group is most interested in trustworthy behavior by corporate executives and increased corporate taxes?

Accepted Answer

A) shareholders 
B) society 
C) employees 
D) customers 
A) shareholders 
B) society 
C) employees 
D) customers

Question 14

What is the Foreign Corrupt Practices Act? How has this law affected ethical behavior among international businesses?

Accepted Answer

The FCPA outlaws bribery payments by U.S

Question 15

Which of the following is NOT a likely reason for companies to act more ethically?

Accepted Answer

A) Consumer boycotts may result from unethical corporate behavior. 
B) Irresponsible and unethical actions may lead to legal problems for MNEs. 
C) Unethical or irresponsible behavior can negatively impact employee morale. 
D) The company would like to raise its ranking on the Transparency International scale. 
A) Consumer boycotts may result from unethical corporate behavior. 
B) Irresponsible and unethical actions may lead to legal problems for MNEs. 
C) Unethical or irresponsible behavior can negatively impact employee morale. 
D) The company would like to raise its ranking on the Transparency International scale.

Question 16

Which of the following is one of the primary business objectives for pursuing ethical behavior?

Accepted Answer

A) avoiding industrial sanctions 
B) developing competitive advantages 
C) developing creative advertisements 
D) discouraging false commitments to the firm 
A) avoiding industrial sanctions 
B) developing competitive advantages 
C) developing creative advertisements 
D) discouraging false commitments to the firm

Question 17

What is the primary reason that Anglo American PLC developed its ART program?

Accepted Answer

A) comply with government standards 
B) maintain a healthy workforce 
C) abide by union demands 
D) reduce employee benefits 
A) comply with government standards 
B) maintain a healthy workforce 
C) abide by union demands 
D) reduce employee benefits

Question 18

Pursuing responsible behavior for strategic and financial success is an example of relative behavior.

Accepted Answer

A) True 
 B)False

Question 19

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

Accepted Answer

A) purchase carbon credits from other firms 
B) file petitions to appeal the requirement 
C) cease manufacturing operations 
D) pay fines to the UN 
A) purchase carbon credits from other firms 
B) file petitions to appeal the requirement 
C) cease manufacturing operations 
D) pay fines to the UN

Question 20

An advocate of the legal-justification standard would most likely assert that the law ________.

Accepted Answer

A) develops slowly in response to evolving societal dilemmas 
B) protects business activities that are unethical but not illegal 
C) contains enforceable rules that apply to everyone 
D) offers necessary moral flexibility for a society 
A) develops slowly in response to evolving societal dilemmas 
B) protects business activities that are unethical but not illegal 
C) contains enforceable rules that apply to everyone 
D) offers necessary moral flexibility for a society

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as sustainability.

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

Studies indicate that employee morale is largely unaffected by a company's corporate behavior.

General Electric has focused on being more "green" in recent years most likely because ________.

What ethical and labor-related issues are a major challenge to footwear and clothing MNEs that operate in developing countries? What guidelines are provided by the Ethical Trading Initiative?

The UN Global Compact is best described as a(n)________.

Which of the following is most important to the effectiveness of an internal code of conduct?

Governmental agencies and nongovernmental organizations monitor the behavior of companies and their employees to ensure that laws are being followed.

Which level of moral development involves an individual learning role-conformity from peers, parents, and laws?

Which of the following most likely complicates ethical behavior for firms that expand overseas?

What is the primary concern regarding anti-corruption measures in the EU?

An important business objective for pursuing ethical behavior is to create a better relationship with corrupt politicians and customers.

Which stakeholder group is most interested in trustworthy behavior by corporate executives and increased corporate taxes?

What is the Foreign Corrupt Practices Act? How has this law affected ethical behavior among international businesses?

Which of the following is NOT a likely reason for companies to act more ethically?

Which of the following is one of the primary business objectives for pursuing ethical behavior?

What is the primary reason that Anglo American PLC developed its ART program?

Pursuing responsible behavior for strategic and financial success is an example of relative behavior.

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

An advocate of the legal-justification standard would most likely assert that the law ________.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters

Exam 5: Globalization and Society

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as sustainability.

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

Studies indicate that employee morale is largely unaffected by a company's corporate behavior.

General Electric has focused on being more "green" in recent years most likely because ________.

What ethical and labor-related issues are a major challenge to footwear and clothing MNEs that operate in developing countries? What guidelines are provided by the Ethical Trading Initiative?

The UN Global Compact is best described as a(n)________.

Which of the following is most important to the effectiveness of an internal code of conduct?

Governmental agencies and nongovernmental organizations monitor the behavior of companies and their employees to ensure that laws are being followed.

Which level of moral development involves an individual learning role-conformity from peers, parents, and laws?

Which of the following most likely complicates ethical behavior for firms that expand overseas?

What is the primary concern regarding anti-corruption measures in the EU?

An important business objective for pursuing ethical behavior is to create a better relationship with corrupt politicians and customers.

Which stakeholder group is most interested in trustworthy behavior by corporate executives and increased corporate taxes?

What is the Foreign Corrupt Practices Act? How has this law affected ethical behavior among international businesses?

Which of the following is NOT a likely reason for companies to act more ethically?

Which of the following is one of the primary business objectives for pursuing ethical behavior?

What is the primary reason that Anglo American PLC developed its ART program?

Pursuing responsible behavior for strategic and financial success is an example of relative behavior.

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

An advocate of the legal-justification standard would most likely assert that the law ________.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters