Exam 5: Ethics, corporate Social Responsibility, and Sustainability

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

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The Foreign Corrupt Practices Act originally allowed "facilitating payments" to secure contracts that would not otherwise be secured.

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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:

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_____ means standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder.

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Should a multinational feel free to pollute in a developing nation?

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In a business setting,noblesse oblige is taken to mean benevolent behavior that is the responsibility of successful enterprises.

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Utilitarian philosophy takes into consideration the principle of justice.

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

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Corporations can contribute to the global tragedy of the commons by not pumping pollutants into the atmosphere or dumping them in oceans or rivers.

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The utilitarian approach to business ethics suggests that:

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

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Justice theories of business ethics focus on:

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Why do organizations appoint an ethics officer?

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

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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?

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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:

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

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

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

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

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