Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

Which of the following is a reason managers working abroad in multinational firms may behave in a manner that is unethical?

What are ethical dilemmas? Why do they exist?

To foster ethical behavior, many businesses draft a code of ethics, which is an informal statement of the ethical priorities the company follows.

According to Rawls, inequalities are unjust even if the system that produces inequalities is to the advantage of everyone.

According to the naive immoralist,

The Kantian approach to ethics suggests that

Child labor is permitted and widely employed in Country X. A multinational company entering Country X decides to employ minors in its subsidiary, even though it is against the multinational's home-country ethics. Which of the following approaches to business ethics would justify the actions of the multinational company?

Why do organizations appoint an ethics officer?

The veil of ignorance was developed by ________ as part of his approach to justice theories.

The Sullivan principles mandated that GM could operate in South Africa as long as the company did not comply with and promoted the abolition of apartheid laws.

The ________ outlawed the paying of bribes to foreign government officials to gain business.

Explain the Friedman doctrine. Who developed the philosophy? How well does this approach hold up ethically?

Ethical dilemmas exist because many real-world decisions involve

What is considered normal business practice in one country may be considered unethical in other countries.

A British firm that sets up production units in China is accused of releasing untreated chemical waste into water bodies. The manager of the firm defends the firm stating that, factories in China set up by French and American firms also release untreated chemical waste into water bodies. What approach to business ethics is the manager using?

An individual with a strong sense of personal ethics is less likely to behave in an unethical manner in a business setting.

A manager from the United States is sent to Nigeria to supervise the construction of a road. As a righteous moralist, he is likely to learn the ethics and values of Nigeria and follow them, even if they don't concur with his own.

A firm's organizational culture refers to the values and norms that are shared among employees of an organization and those outside the organization.

Which of the following persons believed that people should be treated as ends and never purely as means to the ends of others?

The Friedman doctrine is the belief that ethics are nothing more than a reflection of culture and therefore, a firm should adopt the ethics of the culture in which it is operating.