Question 1

The incidence of bribery payments is greater in developing countries.

Accepted Answer

A) True 
 B)False

Question 2

The Sarbanes-Oxley Act of 2002 is composed of all the following requirements except _______________________.

Accepted Answer

A)  greater corporate transparency 
B)  prosecution of whistleblowers 
C)  senior management accountability 
D)  enhanced control systems 
A)  greater corporate transparency 
B)  prosecution of whistleblowers 
C)  senior management accountability 
D)  enhanced control systems

Question 3

Extraterritorial application of the U.S.Foreign Corrupt Practices Act is one example of ____________________________.

Accepted Answer

A)  ethical absolutism 
B)  ethical universalism 
C)  ethical realism 
D)  ethical relativism 
A)  ethical absolutism 
B)  ethical universalism 
C)  ethical realism 
D)  ethical relativism

Question 4

According to Transparency International,the value of global bribery is ______________ annually.

Accepted Answer

A)  €1.0 billion 
B)  U.S.$145.0 billion 
C)  €1.0 trillion 
D)  U.S.$1.0 trillion 
A)  €1.0 billion 
B)  U.S.$145.0 billion 
C)  €1.0 trillion 
D)  U.S.$1.0 trillion

Question 5

Some of the adoption of CSR activities in non-developed countries is attributed to NGO organizations.

Accepted Answer

A) True 
 B)False

Question 6

Ethics are __________________________________________________.

Accepted Answer

A)  codes of conduct stipulating how members of a society are required to act 
B)  behavioral standards determined by society that stipulate how its members should act in a moral manner 
C)  enforced by relevant government agencies such as the police 
D)  consistent from society to society 
A)  codes of conduct stipulating how members of a society are required to act 
B)  behavioral standards determined by society that stipulate how its members should act in a moral manner 
C)  enforced by relevant government agencies such as the police 
D)  consistent from society to society

Question 7

The idea that businesses should act in the interests of society at large,taking into consideration all of its stakeholders is the foundation of ________________________________.

Accepted Answer

A)  business law 
B)  social responsibility 
C)  stock holder responsibility 
D)  ethical universalism 
A)  business law 
B)  social responsibility 
C)  stock holder responsibility 
D)  ethical universalism

Question 8

When Hindustan Unilever Limited adopts a village and provides improved medical and educational facilities,it is an example of _______________________.

Accepted Answer

A)  both corporate philanthropy and corporate social responsibility 
B)  corporate philanthropy 
C)  social responsibility 
D)  a cause-related marketing program 
A)  both corporate philanthropy and corporate social responsibility 
B)  corporate philanthropy 
C)  social responsibility 
D)  a cause-related marketing program

Question 9

Benjai Pertiwi is torn.His U.S.firm's interest in constructing a manufacturing facility in his father's Indonesian village would provide hundreds of much-needed jobs to the area.The government welcomes the investment,and Benjai's company looks forward to dramatic cost savings as Indonesia does not require the same level of pollution controls or worker safety as a U.S.-based facility would.Although pollution and safety issues could harm residents,their current economic state almost mandates that Benjai promote the facility.Benjai is facing a conflict of _________________________.

Accepted Answer

A)  relative development 
B)  tradition 
C)  interest 
D)  transparency 
A)  relative development 
B)  tradition 
C)  interest 
D)  transparency

Question 10

The Amsterdam-based NGO that has developed a widely used sustainability framework adopted by 1500 companies worldwide is the ___________________________.

Accepted Answer

A)  World Bank 
B)  Global Reporting Initiative 
C)  European Union Commission 
D)  International Labor Organization 
A)  World Bank 
B)  Global Reporting Initiative 
C)  European Union Commission 
D)  International Labor Organization

Question 11

Disregarding an ethical code may result in sanctions that are short of criminal proceedings.

Accepted Answer

A) True 
 B)False

Question 12

Anti-corruption and bribery legislation has thus far been limited to developed nations.

Accepted Answer

A) True 
 B)False

Question 13

A study of Corporate Revealed Ethics and Corporate Applied Ethics in the UK determined that ____________________.

Accepted Answer

A)  accounting measures are less influenced by business ethics than by market factors 
B)  neither Corporate Revealed Ethics codes nor Corporate Applied Ethics (ethical training) had an impact on firm performance 
C)  in the long run, firms that specifically provided training on their code of ethics to their employees, thus implementing CAE, financially outperformed those with codes but no training 
D)  firms that specifically provided training on their code of ethics to their employees, thus implementing CAE, achieved greater financial performance from both short and long-term perspectives as compared to those who had not 
A)  accounting measures are less influenced by business ethics than by market factors 
B)  neither Corporate Revealed Ethics codes nor Corporate Applied Ethics (ethical training) had an impact on firm performance 
C)  in the long run, firms that specifically provided training on their code of ethics to their employees, thus implementing CAE, financially outperformed those with codes but no training 
D)  firms that specifically provided training on their code of ethics to their employees, thus implementing CAE, achieved greater financial performance from both short and long-term perspectives as compared to those who had not

Question 14

The U.S.regulation which requires a company to publicly disclose its code of ethics if its stock is traded under the purview of the SEC is known as the _____________ Act.

Accepted Answer

A)  Sarbanes-Oxley 
B)  Foreign Corrupt Practices 
C)  Sherman Anti-Trust 
D)  Transparency International 
A)  Sarbanes-Oxley 
B)  Foreign Corrupt Practices 
C)  Sherman Anti-Trust 
D)  Transparency International

Question 15

What percent of tax revenues are lost by Asian governments each year by virtue of corruption?

Accepted Answer

A)  50% 
B)  10% 
C)  38% 
D)  Corruption does not impact tax revenues 
A)  50% 
B)  10% 
C)  38% 
D)  Corruption does not impact tax revenues

Question 16

Ethical universalism propones that __________________________.

Accepted Answer

A)  when in Rome, one should do as the Romans do 
B)  one should always give preference to one's own ethical values 
C)  the ethical nature of an action is independent of cultural settings 
D)  the ethical nature of an action can only be determined relative to the moral norms of the particular culture where the action takes place 
A)  when in Rome, one should do as the Romans do 
B)  one should always give preference to one's own ethical values 
C)  the ethical nature of an action is independent of cultural settings 
D)  the ethical nature of an action can only be determined relative to the moral norms of the particular culture where the action takes place

Question 17

While CSR activities and reporting are extensive in both developed and developing countries.

Accepted Answer

A) True 
 B)False

The incidence of bribery payments is greater in developing countries.

The Sarbanes-Oxley Act of 2002 is composed of all the following requirements except _______________________.

Extraterritorial application of the U.S.Foreign Corrupt Practices Act is one example of ____________________________.

According to Transparency International,the value of global bribery is ______________ annually.

Some of the adoption of CSR activities in non-developed countries is attributed to NGO organizations.

Ethics are __________________________________________________.

The idea that businesses should act in the interests of society at large,taking into consideration all of its stakeholders is the foundation of ________________________________.

When Hindustan Unilever Limited adopts a village and provides improved medical and educational facilities,it is an example of _______________________.

The Amsterdam-based NGO that has developed a widely used sustainability framework adopted by 1500 companies worldwide is the ___________________________.

Disregarding an ethical code may result in sanctions that are short of criminal proceedings.

Anti-corruption and bribery legislation has thus far been limited to developed nations.

A study of Corporate Revealed Ethics and Corporate Applied Ethics in the UK determined that ____________________.

The U.S.regulation which requires a company to publicly disclose its code of ethics if its stock is traded under the purview of the SEC is known as the _____________ Act.

What percent of tax revenues are lost by Asian governments each year by virtue of corruption?

Ethical universalism propones that __________________________.

While CSR activities and reporting are extensive in both developed and developing countries.

Understanding Global Markets and Marketing

Assessing the Global Marketing Environmentthe Global Economy and Technology

Evaluating Cultural and Social Environments

Analyzing Political and Legal Environments

Integrating Global, Regional, and National Markets

Conducting Marketing Research

Selecting International Markets

Entering Global Markets

Segmenting, Targeting, and Positioning for Global Markets

Developing Global Products and Brands

Setting Global Prices

Global Placement and Distribution Channels

Launching Global Communication and Advertising

Using Social Media for Global Marketing

Designing and Controlling Global Marketing Systems

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Exam 16: Defining Ethics and Corporate Social Responsibility in the International Marketplace

The incidence of bribery payments is greater in developing countries.

The Sarbanes-Oxley Act of 2002 is composed of all the following requirements except _______________________.

Extraterritorial application of the U.S.Foreign Corrupt Practices Act is one example of ____________________________.

According to Transparency International,the value of global bribery is ______________ annually.

Some of the adoption of CSR activities in non-developed countries is attributed to NGO organizations.

Ethics are __________________________________________________.

The idea that businesses should act in the interests of society at large,taking into consideration all of its stakeholders is the foundation of ________________________________.

When Hindustan Unilever Limited adopts a village and provides improved medical and educational facilities,it is an example of _______________________.

The Amsterdam-based NGO that has developed a widely used sustainability framework adopted by 1500 companies worldwide is the ___________________________.

Disregarding an ethical code may result in sanctions that are short of criminal proceedings.

Anti-corruption and bribery legislation has thus far been limited to developed nations.

A study of Corporate Revealed Ethics and Corporate Applied Ethics in the UK determined that ____________________.

The U.S.regulation which requires a company to publicly disclose its code of ethics if its stock is traded under the purview of the SEC is known as the _____________ Act.

What percent of tax revenues are lost by Asian governments each year by virtue of corruption?

Ethical universalism propones that __________________________.

While CSR activities and reporting are extensive in both developed and developing countries.

Understanding Global Markets and Marketing

Assessing the Global Marketing Environmentthe Global Economy and Technology

Evaluating Cultural and Social Environments

Analyzing Political and Legal Environments

Integrating Global, Regional, and National Markets

Conducting Marketing Research

Selecting International Markets

Entering Global Markets

Segmenting, Targeting, and Positioning for Global Markets

Developing Global Products and Brands

Setting Global Prices

Global Placement and Distribution Channels

Launching Global Communication and Advertising

Using Social Media for Global Marketing

Designing and Controlling Global Marketing Systems

Filters