Question 1

A firm's internal stakeholders include customers,suppliers,and lenders.

Accepted Answer

A) True 
 B)False

Question 2

Why are expatriate managers at a greater risk of violating their personal code of ethics?

Accepted Answer

Expatriate managers may experience more

Question 3

Facilitating payments are also known as speed money or grease payments.

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

A)  an ethical dilemma. 
B)  noblesse oblige. 
C)  the tragedy of the commons. 
D)  the free rider problem. 
A)  an ethical dilemma. 
B)  noblesse oblige. 
C)  the tragedy of the commons. 
D)  the free rider problem.

Question 5

The Kantian approach to ethics suggests that:

Accepted Answer

A)  human beings have fundamental rights and privileges that transcend national boundaries. 
B)  the moral worth of actions or practices is determined by their consequences. 
C)  people should be treated as ends and never purely as means to the ends of others. 
D)  ethics are nothing more than the reflection of culture. 
A)  human beings have fundamental rights and privileges that transcend national boundaries. 
B)  the moral worth of actions or practices is determined by their consequences. 
C)  people should be treated as ends and never purely as means to the ends of others. 
D)  ethics are nothing more than the reflection of culture.

Question 6

To establish moral intent,managers need to stand in the shoes of a stakeholder and ask how a proposed decision might impact that stakeholder.

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

Which of the following enables managers to walk away from a decision that is profitable,but unethical?

Accepted Answer

A)  Noblesse oblige 
B)  Moral courage 
C)  The difference principle 
D)  The Friedman doctrine 
A)  Noblesse oblige 
B)  Moral courage 
C)  The difference principle 
D)  The Friedman doctrine

Question 9

Cultural relativism suggests that:

Accepted Answer

A)  a firm should adopt the ethics of the culture in which it is operating. 
B)  the only social responsibility of a firm is to increase profits. 
C)  a firm's ethical policies should remain the same in all cultures. 
D)  a multinational should follow its home-country cultural practices in all the host-countries where it has operations. 
A)  a firm should adopt the ethics of the culture in which it is operating. 
B)  the only social responsibility of a firm is to increase profits. 
C)  a firm's ethical policies should remain the same in all cultures. 
D)  a multinational should follow its home-country cultural practices in all the host-countries where it has operations.

Question 10

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 11

What is a code of ethics?

Accepted Answer

A code of ethics is a formal statement o

Question 12

Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of all of the following reasons EXCEPT:

Accepted Answer

A)  they are away from their ordinary social context and supporting culture. 
B)  they are psychologically and geographically closer to the parent company. 
C)  they may be based in a culture that does not place the same value on ethical norms important in the manager's home country. 
D)  they may be surrounded by local employees who have less rigorous ethical standards. 
A)  they are away from their ordinary social context and supporting culture. 
B)  they are psychologically and geographically closer to the parent company. 
C)  they may be based in a culture that does not place the same value on ethical norms important in the manager's home country. 
D)  they may be surrounded by local employees who have less rigorous ethical standards.

Question 13

According to John Rawl's difference principle,:

Accepted Answer

A)  certain people or institutions are obligated to provide benefits or services that secure the rights of others. 
B)  fundamental human rights should transcend national borders and cultures. 
C)  the best decisions are those that produce the greatest good for the greatest number of people. 
D)  inequalities are justified if they benefit the position of the least-advantaged person. 
A)  certain people or institutions are obligated to provide benefits or services that secure the rights of others. 
B)  fundamental human rights should transcend national borders and cultures. 
C)  the best decisions are those that produce the greatest good for the greatest number of people. 
D)  inequalities are justified if they benefit the position of the least-advantaged person.

Question 14

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 15

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 16

Social responsibility refers to the idea that businesspeople should favor decisions that have both good economic and social consequences.

Accepted Answer

A) True 
 B)False

Question 17

International businesses cannot gain economic advantages by making payments to corrupt government officials.

Accepted Answer

A) True 
 B)False

Question 18

Child labor is permitted and widely employed in Country X.A multinational company entering Country X decides to employ minors in its subsidiary,even though it is against the multinational's home-country ethics.Which of the following approaches to business ethics would justify the actions of the multinational company?

Accepted Answer

A)  Righteous moralist 
B)  Cultural relativism 
C)  The justice theory 
D)  The rights theory 
A)  Righteous moralist 
B)  Cultural relativism 
C)  The justice theory 
D)  The rights theory

Question 19

Societal business ethics are divorced from personal ethics.

Accepted Answer

A) True 
 B)False

Question 20

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:

Accepted Answer

A)  cultural relativism. 
B)  the Friedman doctrine. 
C)  noblesse oblige. 
D)  the tragedy of the commons. 
A)  cultural relativism. 
B)  the Friedman doctrine. 
C)  noblesse oblige. 
D)  the tragedy of the commons.

A firm's internal stakeholders include customers,suppliers,and lenders.

Why are expatriate managers at a greater risk of violating their personal code of ethics?

Facilitating payments are also known as speed money or grease payments.

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

The Kantian approach to ethics suggests that:

To establish moral intent,managers need to stand in the shoes of a stakeholder and ask how a proposed decision might impact that stakeholder.

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

Which of the following enables managers to walk away from a decision that is profitable,but unethical?

Cultural relativism suggests that:

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

What is a code of ethics?

Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of all of the following reasons EXCEPT:

According to John Rawl's difference principle,:

Justice theories of business ethics focus on:

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:

Social responsibility refers to the idea that businesspeople should favor decisions that have both good economic and social consequences.

International businesses cannot gain economic advantages by making payments to corrupt government officials.

Societal business ethics are divorced from personal ethics.

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

A firm's internal stakeholders include customers,suppliers,and lenders.

Why are expatriate managers at a greater risk of violating their personal code of ethics?

Facilitating payments are also known as speed money or grease payments.

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

The Kantian approach to ethics suggests that:

To establish moral intent,managers need to stand in the shoes of a stakeholder and ask how a proposed decision might impact that stakeholder.

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

Which of the following enables managers to walk away from a decision that is profitable,but unethical?

Cultural relativism suggests that:

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

What is a code of ethics?

Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of all of the following reasons EXCEPT:

According to John Rawl's difference principle,:

Justice theories of business ethics focus on:

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:

Social responsibility refers to the idea that businesspeople should favor decisions that have both good economic and social consequences.

International businesses cannot gain economic advantages by making payments to corrupt government officials.

Societal business ethics are divorced from personal ethics.

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