Exam 5: Ethics in International Business

Explain the Friedman doctrine.Who developed the philosophy? How well does this approach hold up ethically?

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

Utilitarian philosophy takes into consideration the principle of justice.

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

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?

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?

Straw men approaches to business ethics offer appropriate guidelines for ethical decision making in a multinational enterprise.

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

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

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

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

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

According to the cultural relativism point-of-view,a firm should adopt the ethics of the culture in which it is operating.

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

Identify the INCORRECT statement about environmental regulations.

Noblesse oblige refers to payments that ensure receiving the standard treatment that a business ought to receive from a foreign government.

Facilitating payments are:

An American manager in Colombia routinely pays off the local drug lord to guarantee that his plant will not be bombed and that none of his employees will be kidnapped.The manager argues that such payments are ethically defensible because everyone is doing it.The manager's argument exemplifies which of the following ethical approaches?

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

In its extreme viewpoint,_____ suggests that if a culture supports slavery,it is all right to use slave labor in the country.