Exam 3: Ethics: the Foundation for Partnering Relationships That Create Value

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Most people employed in the fast-paced business world,which is constantly changing,will adopt or discard values quickly.

(True/False)
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According to the text,one of the "half-truths" that has influenced the erosion of character in business is that: "Corporations exist to maximize shareholder value."

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According to the author of Integrity Selling for the 21st Century,which of the following statements about values is true?

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A sales rep is in a foreign country and has spent several days with a buyer for a large chain of convenience stores there.At the end of the week,the sales rep feels confident that the buyer is ready to purchase,so he asks for the close.The buyer responds that he will be happy to place a large order for the chain as soon as the sales rep gives him an appropriately-sized gift.What should the sales rep most likely do?

(Multiple Choice)
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Anne,a sales representative for a software firm,is heading to Europe for a sales presentation.Anne is unsure about the practice of gift giving and wants to make sure that she is perceived as ethical by the other firm.Which of the following should Anne LEAST likely do in this situation?

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What would be an easy way a company could discourage unethical behaviors by its employees?

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Which of the following statements is most likely true about conducting business in China?

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