Exam 5: Ethics in International Business

Which of the following was designed to allow GM to operate ethically in South Africa as long as the company did not obey the apartheid laws in its own South African operations?

An international U.S. based company sets up a production unit in a developing country with poor environmental regulations. This contributes to:

According to the righteous moralist, 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.

BP, one of the world's largest oil companies, has made it part of the company policy to undertake "social investments" in the countries where it does business. There was no economic reason for BP to make this social investment, but the company believes it is morally obligated to give something back to the societies that have made their success possible. BP's actions are an example of:

According to the Friedman doctrine:

Cultural relativism suggests that even if slavery is culturally acceptable in a country, a foreign firm operating in that country should avoid using slave labor.

The Kantian approach to ethics suggests that:

Establishing _____ involves a business to resolve to place moral concerns ahead of other concerns in cases where either the fundamental rights of stakeholders or key moral principles have been violated.

The United Nations Universal Declaration of Human Rights, related to employment, upholds all of the following EXCEPT:

It is in the best interest of prospective employees to find out all they can about the ethical climate in an organization.

The righteous moralist approach to ethics is typically associated with managers from developing and under-developed nations.

Discuss the cultural relativism approach to business ethics. What is the connection between this approach and the phrase "When in Rome do as the Romans"? How well does this approach hold up ethically?

Which of the following refers to the values and norms that the employees of an organization share?

Explain the concept of moral imagination as it relates to a company's stakeholders.

A situation in which none of the available alternatives seems morally acceptable is called:

Which of the following statements is true about the United Nations Universal Declaration of Human Rights?

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

Ethical strategies are the accepted principles of right or wrong governing the conduct of businesspeople.

What are ethical dilemmas? Why do they exist?

Rawls' philosophy that inequalities are justified if they benefit the position of the least-advantaged person is known as the: