Question 1

According to ____, the social responsibility of business is to increase profits, so long as the company stays within the rules of law.

Accepted Answer

A)  the naive immoralist 
B)  the righteous moralist 
C)  cultural relativism 
D)  the Friedman doctrine 
A)  the naive immoralist 
B)  the righteous moralist 
C)  cultural relativism 
D)  the Friedman doctrine

Question 2

The utilitarian approaches to ethics hold that the moral worth of actions or practices is determined by their consequences.

Accepted Answer

A) True 
 B)False

Question 3

Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable.

Accepted Answer

A) True 
 B)False

Question 4

Discuss the notion of social responsibility. What does it mean for corporations?

Accepted Answer

The concept of social responsibility ref

Question 5

Discuss the naive immoralist's approach to business ethics. What are the criticisms of this approach?

Accepted Answer

The naive immoralist asserts that if a m

Question 6

The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes:

Accepted Answer

A)  bribes made to secure contracts that would otherwise not be secured. 
B)  grease payments to gain exclusive preferential treatment. 
C)  facilitating payments made to expedite routine government action. 
D)  payments to government officials for special privileges. 
A)  bribes made to secure contracts that would otherwise not be secured. 
B)  grease payments to gain exclusive preferential treatment. 
C)  facilitating payments made to expedite routine government action. 
D)  payments to government officials for special privileges.

Question 7

The _____ occurs when a resource is shared by all, but owned by no one, is overused by individuals, resulting in its degradation.

Accepted Answer

A)  Friedman effect 
B)  noblesse oblige 
C)  inequity aversion 
D)  tragedy of the commons 
A)  Friedman effect 
B)  noblesse oblige 
C)  inequity aversion 
D)  tragedy of the commons

Question 8

What is the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions?

Accepted Answer

In 1997, the OECD adopted the Convention

Question 9

Companies can strengthen the moral courage of employees by committing themselves to not retaliate against employees who exercise moral courage.

Accepted Answer

A) True 
 B)False

Question 10

How can companies strengthen the moral courage of employees?

Accepted Answer

Companies can strengthen the moral coura

Question 11

Identify the correct statement about the rights theories.

Accepted Answer

A)  Human beings have fundamental rights and privileges that transcend national boundaries. 
B)  The moral worth of actions or practices is determined by their consequences. 
C)  People should be treated as ends never purely as means to the ends of others. 
D)  The only social responsibility of business is to increase profits, so long as the company stays within the rules of law. 
A)  Human beings have fundamental rights and privileges that transcend national boundaries. 
B)  The moral worth of actions or practices is determined by their consequences. 
C)  People should be treated as ends never purely as means to the ends of others. 
D)  The only social responsibility of business is to increase profits, so long as the company stays within the rules of law.

Question 12

Article 1 of the United Nations Universal Declaration of Human Rights states: All human beings are born free and equal in dignity and rights. This best echoes:

Accepted Answer

A)  cultural relativism. 
B)  Friedman doctrine. 
C)  the righteous moralist approach. 
D)  Kantian ethics. 
A)  cultural relativism. 
B)  Friedman doctrine. 
C)  the righteous moralist approach. 
D)  Kantian ethics.

Question 13

Identify the INCORRECT statement about environmental regulations.

Accepted Answer

A)  Environmental regulations are often lacking in developing nations. 
B)  Environmental regulations are similar across developed and developing nations. 
C)  Developed nations have substantial regulations governing the emission of pollutants, the dumping of toxic chemicals, etc. 
D)  Inferior environmental regulations in host nations, as compared to home nation, can lead to ethical issues. 
A)  Environmental regulations are often lacking in developing nations. 
B)  Environmental regulations are similar across developed and developing nations. 
C)  Developed nations have substantial regulations governing the emission of pollutants, the dumping of toxic chemicals, etc. 
D)  Inferior environmental regulations in host nations, as compared to home nation, can lead to ethical issues.

Question 14

International businesses cannot gain economic advantages by making payments to corrupt government officials.

Accepted Answer

A) True 
 B)False

Question 15

What is the term for a company's formal statement of the ethical priorities it expects all of its employees to follow?

Accepted Answer

A)  Code of ethics 
B)  Stakeholders pledge 
C)  Moral courage 
D)  Difference principle 
A)  Code of ethics 
B)  Stakeholders pledge 
C)  Moral courage 
D)  Difference principle

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

Which of the following, in a business setting, is taken to mean benevolent behavior that is the responsibility of successful enterprises?

Accepted Answer

A)  Sullivan's principles 
B)  Ethical dilemma 
C)  Tragedy of the commons 
D)  Noblesse oblige 
A)  Sullivan's principles 
B)  Ethical dilemma 
C)  Tragedy of the commons 
D)  Noblesse oblige

Question 18

The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.

Accepted Answer

A) True 
 B)False

Question 19

Utilitarian philosophy takes into consideration the principle of justice.

Accepted Answer

A) True 
 B)False

Question 20

Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of all of the following reasons EXCEPT:

Accepted Answer

A)  they are away from their ordinary social context and supporting culture. 
B)  they are psychologically and geographically closer to the parent company. 
C)  they may be based in a culture that does not place the same value on ethical norms important in the manager's home country. 
D)  they may be surrounded by local employees who have less rigorous ethical standards. 
A)  they are away from their ordinary social context and supporting culture. 
B)  they are psychologically and geographically closer to the parent company. 
C)  they may be based in a culture that does not place the same value on ethical norms important in the manager's home country. 
D)  they may be surrounded by local employees who have less rigorous ethical standards.

According to ____, the social responsibility of business is to increase profits, so long as the company stays within the rules of law.

The utilitarian approaches to ethics hold that the moral worth of actions or practices is determined by their consequences.

Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable.

Discuss the notion of social responsibility. What does it mean for corporations?

Discuss the naive immoralist's approach to business ethics. What are the criticisms of this approach?

The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes:

The _____ occurs when a resource is shared by all, but owned by no one, is overused by individuals, resulting in its degradation.

What is the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions?

Companies can strengthen the moral courage of employees by committing themselves to not retaliate against employees who exercise moral courage.

How can companies strengthen the moral courage of employees?

Identify the correct statement about the rights theories.

Article 1 of the United Nations Universal Declaration of Human Rights states: All human beings are born free and equal in dignity and rights. This best echoes:

Identify the INCORRECT statement about environmental regulations.

International businesses cannot gain economic advantages by making payments to corrupt government officials.

What is the term for a company's formal statement of the ethical priorities it expects all of its employees to follow?

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

Which of the following, in a business setting, is taken to mean benevolent behavior that is the responsibility of successful enterprises?

The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.

Utilitarian philosophy takes into consideration the principle of justice.

Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of all of the following reasons EXCEPT:

Globalization

National Differences in Political Economy

Political Economy and Economic Development

Differences in Culture

International Trade Theory

The Political Economy of International Trade

Foreign Direct Investment

Regional Economic Integration

The Foreign Exchange Market

The International Monetary System

The Global Capital Market

The Strategy of International Business

The Organization of International Business

Entry Strategy and Strategic Alliances

Exporting, Importing, and Countertrade

Global Production, Outsourcing, and Logistics

Global Marketing and RD

Global Human Resource Management

Accounting and Finance in the International Business

Filters

Exam 5: Ethics in International Business

According to ____, the social responsibility of business is to increase profits, so long as the company stays within the rules of law.

The utilitarian approaches to ethics hold that the moral worth of actions or practices is determined by their consequences.

Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable.

Discuss the notion of social responsibility. What does it mean for corporations?

Discuss the naive immoralist's approach to business ethics. What are the criticisms of this approach?

The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes:

The _____ occurs when a resource is shared by all, but owned by no one, is overused by individuals, resulting in its degradation.

What is the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions?

Companies can strengthen the moral courage of employees by committing themselves to not retaliate against employees who exercise moral courage.

How can companies strengthen the moral courage of employees?

Identify the correct statement about the rights theories.

Article 1 of the United Nations Universal Declaration of Human Rights states: All human beings are born free and equal in dignity and rights. This best echoes:

Identify the INCORRECT statement about environmental regulations.

International businesses cannot gain economic advantages by making payments to corrupt government officials.

What is the term for a company's formal statement of the ethical priorities it expects all of its employees to follow?

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

Which of the following, in a business setting, is taken to mean benevolent behavior that is the responsibility of successful enterprises?

The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.

Utilitarian philosophy takes into consideration the principle of justice.

Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of all of the following reasons EXCEPT:

Globalization

National Differences in Political Economy

Political Economy and Economic Development

Differences in Culture

International Trade Theory

The Political Economy of International Trade

Foreign Direct Investment

Regional Economic Integration

The Foreign Exchange Market

The International Monetary System

The Global Capital Market

The Strategy of International Business

The Organization of International Business

Entry Strategy and Strategic Alliances

Exporting, Importing, and Countertrade

Global Production, Outsourcing, and Logistics

Global Marketing and RD

Global Human Resource Management

Accounting and Finance in the International Business

Filters