Question 1

Justice theories of business ethics focus on:

Accepted Answer

A)  the moral worth of actions or practices. 
B)  minimum levels of morally acceptable behavior. 
C)  fundamental rights and privileges that transcend national boundaries. 
D)  the attainment of an equitable distribution of goods and services. 
A)  the moral worth of actions or practices. 
B)  minimum levels of morally acceptable behavior. 
C)  fundamental rights and privileges that transcend national boundaries. 
D)  the attainment of an equitable distribution of goods and services.

Question 2

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.

Accepted Answer

A) True 
 B)False

Question 3

A multinational company is accused of paying bribes to the government of a host country to obtain permission to build a production factory. The public relations manager of the company defends the company's actions as being ethically sound; he states that in the host country, paying bribes to government officials is the accepted norm and is in keeping with the social practices in the host country. The public relations manager is using which of the following philosophical doctrines to defend the actions of the company?

Accepted Answer

A)  The Friedman doctrine 
B)  Righteous moralist 
C)  Noblesse oblige 
D)  Cultural relativism 
A)  The Friedman doctrine 
B)  Righteous moralist 
C)  Noblesse oblige 
D)  Cultural relativism

Question 4

The tragedy of the commons occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation.

Accepted Answer

A) True 
 B)False

Question 5

Societal business ethics are divorced from personal ethics.

Accepted Answer

A) True 
 B)False

Question 6

According to the _____ approach, the best decisions are those that produce the greatest good for the greatest number of people.

Accepted Answer

A)  naive immoralist 
B)  Friedman doctrine 
C)  Kantian ethics 
D)  utilitarian 
A)  naive immoralist 
B)  Friedman doctrine 
C)  Kantian ethics 
D)  utilitarian

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

Why do managers behave in a manner that is unethical?

Accepted Answer

The causes that contribute to unethical

Question 10

Describe the five-step process that businesses can use to think through ethical problems?

Accepted Answer

Some experts on ethics have recommended

Question 11

What is the veil of ignorance? Why is it important to business?

Accepted Answer

The veil of ignorance was developed by J

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

What are the ways in which international business and its managers can ensure that ethical issues are considered in business decisions?

Accepted Answer

An international business and its manage

Question 14

The Sullivan principles mandated that GM could operate in South Africa as long as the company complied with the apartheid laws.

Accepted Answer

A) True 
 B)False

Question 15

Talking with prior employers regarding someone's reputation is a good way to discern a potential employee's ethical predisposition.

Accepted Answer

A) True 
 B)False

Question 16

The idea that businesspeople should consider the social consequences of economic actions when making business decisions and that there should be a presumption in favor of decisions that have both good economic and social consequences is known as:

Accepted Answer

A)  moral relativism. 
B)  noblesse oblige. 
C)  ethical dilemma. 
D)  social responsibility. 
A)  moral relativism. 
B)  noblesse oblige. 
C)  ethical dilemma. 
D)  social responsibility.

Question 17

Which of the following observations about the Foreign Corrupt Practices Act is true?

Accepted Answer

A)  The act outlawed the paying of bribes to foreign government officials to gain business. 
B)  There is enough evidence that it put U.S. firms at a competitive disadvantage. 
C)  The act originally allowed for "facilitating payments." 
D)  The Nike case was the impetus for the 1977 passage of this act. 
A)  The act outlawed the paying of bribes to foreign government officials to gain business. 
B)  There is enough evidence that it put U.S. firms at a competitive disadvantage. 
C)  The act originally allowed for "facilitating payments." 
D)  The Nike case was the impetus for the 1977 passage of this act.

Question 18

The righteous moralist suggests that:

Accepted Answer

A)  ethics are nothing more than the reflection of culture. 
B)  a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. 
C)  the social responsibility of business is to increase profits, so long as the company stays within the rules of law. 
D)  if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either. 
A)  ethics are nothing more than the reflection of culture. 
B)  a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. 
C)  the social responsibility of business is to increase profits, so long as the company stays within the rules of law. 
D)  if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either.

Question 19

The utilitarian approach to ethics is a straw men approach to business ethics that has some inherent value, but is unsatisfactory in important ways.

Accepted Answer

A) True 
 B)False

Question 20

Building an organization culture that places a high value on ethical behavior requires incentive and reward systems.

Accepted Answer

A) True 
 B)False

Justice theories of business ethics focus on:

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.

The tragedy of the commons occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation.

Societal business ethics are divorced from personal ethics.

According to the _____ approach, the best decisions are those that produce the greatest good for the greatest number of people.

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

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

Why do managers behave in a manner that is unethical?

Describe the five-step process that businesses can use to think through ethical problems?

What is the veil of ignorance? Why is it important to business?

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

What are the ways in which international business and its managers can ensure that ethical issues are considered in business decisions?

The Sullivan principles mandated that GM could operate in South Africa as long as the company complied with the apartheid laws.

Talking with prior employers regarding someone's reputation is a good way to discern a potential employee's ethical predisposition.

The idea that businesspeople should consider the social consequences of economic actions when making business decisions and that there should be a presumption in favor of decisions that have both good economic and social consequences is known as:

Which of the following observations about the Foreign Corrupt Practices Act is true?

The righteous moralist suggests that:

The utilitarian approach to ethics is a straw men approach to business ethics that has some inherent value, but is unsatisfactory in important ways.

Building an organization culture that places a high value on ethical behavior requires incentive and reward systems.

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

Justice theories of business ethics focus on:

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.

The tragedy of the commons occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation.

Societal business ethics are divorced from personal ethics.

According to the _____ approach, the best decisions are those that produce the greatest good for the greatest number of people.

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

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

Why do managers behave in a manner that is unethical?

Describe the five-step process that businesses can use to think through ethical problems?

What is the veil of ignorance? Why is it important to business?

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

What are the ways in which international business and its managers can ensure that ethical issues are considered in business decisions?

The Sullivan principles mandated that GM could operate in South Africa as long as the company complied with the apartheid laws.

Talking with prior employers regarding someone's reputation is a good way to discern a potential employee's ethical predisposition.

The idea that businesspeople should consider the social consequences of economic actions when making business decisions and that there should be a presumption in favor of decisions that have both good economic and social consequences is known as:

Which of the following observations about the Foreign Corrupt Practices Act is true?

The righteous moralist suggests that:

The utilitarian approach to ethics is a straw men approach to business ethics that has some inherent value, but is unsatisfactory in important ways.

Building an organization culture that places a high value on ethical behavior requires incentive and reward systems.

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