Question 1

General Electric has focused on being more "green" in recent years most likely because ________.

Accepted Answer

A)  the industry has always looked to GE as a trend setter in green technology 
B)  GE executives believe the firm can strategically align investor and environmental interests 
C)  GE executives realize that the firm can save significant money through the use of solar technology 
D)  the U.S. government has decided to use GE as a test case to see if the adoption of the Kyoto Protocol can actually work for a U.S. firm 
A)  the industry has always looked to GE as a trend setter in green technology 
B)  GE executives believe the firm can strategically align investor and environmental interests 
C)  GE executives realize that the firm can save significant money through the use of solar technology 
D)  the U.S. government has decided to use GE as a test case to see if the adoption of the Kyoto Protocol can actually work for a U.S. firm

Question 2

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

Accepted Answer

A)  purchase carbon credits from other firms 
B)  file petitions to appeal the requirement 
C)  cease manufacturing operations 
D)  pay fines to the U.N. 
A)  purchase carbon credits from other firms 
B)  file petitions to appeal the requirement 
C)  cease manufacturing operations 
D)  pay fines to the U.N.

Question 3

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

Accepted Answer

A)  An MNE typically serves all stakeholder groups equally at any given time. 
B)  No individual stakeholder group is powerful enough to cause the demise of an MNE. 
C)  All stakeholders of an MNE have the same short-term and long-term goals and interests. 
D)  The inability to adequately meet the long-term needs of all stakeholders increases the probability of an MNE failing. 
A)  An MNE typically serves all stakeholder groups equally at any given time. 
B)  No individual stakeholder group is powerful enough to cause the demise of an MNE. 
C)  All stakeholders of an MNE have the same short-term and long-term goals and interests. 
D)  The inability to adequately meet the long-term needs of all stakeholders increases the probability of an MNE failing.

Question 4

Quantum Footwear is an MNE that manufactures inexpensive shoes.Quantum outsources portions of its production to independent companies located in Bangladesh and India where child labor is common.Other clothing and footwear firms have recently faced criticism regarding the use of child labor,and Quantum executives want to avoid similar problems.Which of the following would be the best approach for Quantum?

Accepted Answer

A)  improving conditions at the subcontract facilities 
B)  developing an external ethics code for foreign partners and letting them worry about compliance 
C)  requiring local governments to alter their labor policies 
D)  leaving the market and focusing on domestic production 
A)  improving conditions at the subcontract facilities 
B)  developing an external ethics code for foreign partners and letting them worry about compliance 
C)  requiring local governments to alter their labor policies 
D)  leaving the market and focusing on domestic production

Question 5

The U.N.Global Compact is best described as a(n)________.

Accepted Answer

A)  corruption mandate 
B)  environmental initiative 
C)  external code of conduct 
D)  international trade guideline 
A)  corruption mandate 
B)  environmental initiative 
C)  external code of conduct 
D)  international trade guideline

Question 6

Which of the following is a voluntary effort by 150 multinational construction and natural-resources companies to end bribery?

Accepted Answer

A)  Foreign Corrupt Practices Act 
B)  Partnering Against Corruption Initiative 
C)  OLAF (European Commission Anti-Fraud Office) 
D)  Sarbanes-Oxley Act 
A)  Foreign Corrupt Practices Act 
B)  Partnering Against Corruption Initiative 
C)  OLAF (European Commission Anti-Fraud Office) 
D)  Sarbanes-Oxley Act

Question 7

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is most important to the effectiveness of an internal code of conduct?

Accepted Answer

A)  ensuring that employees understand the code by requiring confirmation in writing 
B)  paying bonuses to suppliers and distributors that agree to the code 
C)  relying on nonprofit NGOs to develop guidelines 
D)  adhering to industry standards and norms 
A)  ensuring that employees understand the code by requiring confirmation in writing 
B)  paying bonuses to suppliers and distributors that agree to the code 
C)  relying on nonprofit NGOs to develop guidelines 
D)  adhering to industry standards and norms

Question 9

According to utilitarianism,actions are moral if they produce the greatest amount of good for the greatest number of people.

Accepted Answer

A) True 
 B)False

Question 10

The OECD Convention against bribery is an example of an agreement that targets the demand side of bribery.

Accepted Answer

A) True 
 B)False

Question 11

A 1998 U.S.law that outlaws bribery payments by U.S.firms to foreign government officials is known as the ________.

Accepted Answer

A)  Anti-Bribery Act of 2004 
B)  Foreign Corrupt Practices Act 
C)  Zero Tolerance Initiative 
D)  Sarbanes-Oxley Act 
A)  Anti-Bribery Act of 2004 
B)  Foreign Corrupt Practices Act 
C)  Zero Tolerance Initiative 
D)  Sarbanes-Oxley Act

Question 12

A manager who refuses to bribe customs officials in a foreign country,even though it is morally acceptable in that country,is most likely to believe in which of the following perspectives on ethics?

Accepted Answer

A)  relativism 
B)  normativism 
C)  humanism 
D)  existentialism 
A)  relativism 
B)  normativism 
C)  humanism 
D)  existentialism

Question 13

Transparency International,the OECD,and the ICC are all working to stop bribery around the world.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

Accepted Answer

A)  employees 
B)  competitors 
C)  shareholders 
D)  customers 
A)  employees 
B)  competitors 
C)  shareholders 
D)  customers

Question 15

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

Accepted Answer

A)  companies registered in the U.S. 
B)  foreign firms operating in U.S. territory 
C)  foreign firms quoted on a U.S. stock exchange 
D)  foreign companies managed by U.S. expatriates 
A)  companies registered in the U.S. 
B)  foreign firms operating in U.S. territory 
C)  foreign firms quoted on a U.S. stock exchange 
D)  foreign companies managed by U.S. expatriates

Question 16

Bantam Enterprises,a multi-national enterprise,makes significant efforts to avoid being perceived as socially irresponsible.What is the most likely reason for this?

Accepted Answer

A)  Social irresponsibility can lead to labor strikes by international unions. 
B)  Socially irresponsible companies usually have fewer exports and more imports. 
C)  Cultural barriers increase for companies that are socially irresponsible, which hinders expansion into additional countries. 
D)  Social irresponsibility can lead to negative publicity from nongovernmental organizations, which could hurt a company's reputation. 
A)  Social irresponsibility can lead to labor strikes by international unions. 
B)  Socially irresponsible companies usually have fewer exports and more imports. 
C)  Cultural barriers increase for companies that are socially irresponsible, which hinders expansion into additional countries. 
D)  Social irresponsibility can lead to negative publicity from nongovernmental organizations, which could hurt a company's reputation.

Question 17

The teleological approach asserts that individuals make moral judgments independent of consequences.

Accepted Answer

A) True 
 B)False

Question 18

Ethical dilemmas tend to be ________ for MNE managers than for domestic managers.

Accepted Answer

A)  more complicated 
B)  less controversial 
C)  easier to decide 
D)  less common 
A)  more complicated 
B)  less controversial 
C)  easier to decide 
D)  less common

Question 19

Which of the following statements is most likely true about the postconventional level of moral development?

Accepted Answer

A)  Individuals learn what is moral but not why such behavior is moral. 
B)  Individuals behave morally because they fear negative repercussions. 
C)  Individuals learn how to conform to society's values through observation. 
D)  Individuals behave morally because they believe such actions are right. 
A)  Individuals learn what is moral but not why such behavior is moral. 
B)  Individuals behave morally because they fear negative repercussions. 
C)  Individuals learn how to conform to society's values through observation. 
D)  Individuals behave morally because they believe such actions are right.

Question 20

Why is the argument that "anything legal is ethical" most likely insufficient?

Accepted Answer

A)  Everything that is unethical is also illegal. 
B)  The law is an extremely efficient way to solve ethical dilemmas. 
C)  Laws are frequently based on imprecisely defined moral concepts. 
D)  Laws can never be changed; thus, rules for all possible ethical dilemmas are found in the law. 
A)  Everything that is unethical is also illegal. 
B)  The law is an extremely efficient way to solve ethical dilemmas. 
C)  Laws are frequently based on imprecisely defined moral concepts. 
D)  Laws can never be changed; thus, rules for all possible ethical dilemmas are found in the law.

General Electric has focused on being more "green" in recent years most likely because ________.

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

The U.N.Global Compact is best described as a(n)________.

Which of the following is a voluntary effort by 150 multinational construction and natural-resources companies to end bribery?

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Which of the following is most important to the effectiveness of an internal code of conduct?

According to utilitarianism,actions are moral if they produce the greatest amount of good for the greatest number of people.

The OECD Convention against bribery is an example of an agreement that targets the demand side of bribery.

A 1998 U.S.law that outlaws bribery payments by U.S.firms to foreign government officials is known as the ________.

A manager who refuses to bribe customs officials in a foreign country,even though it is morally acceptable in that country,is most likely to believe in which of the following perspectives on ethics?

Transparency International,the OECD,and the ICC are all working to stop bribery around the world.

Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

Bantam Enterprises,a multi-national enterprise,makes significant efforts to avoid being perceived as socially irresponsible.What is the most likely reason for this?

The teleological approach asserts that individuals make moral judgments independent of consequences.

Ethical dilemmas tend to be ________ for MNE managers than for domestic managers.

Which of the following statements is most likely true about the postconventional level of moral development?

Why is the argument that "anything legal is ethical" most likely insufficient?

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply-Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters

Exam 11: Globalization and Society

General Electric has focused on being more "green" in recent years most likely because ________.

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

The U.N.Global Compact is best described as a(n)________.

Which of the following is a voluntary effort by 150 multinational construction and natural-resources companies to end bribery?

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Which of the following is most important to the effectiveness of an internal code of conduct?

According to utilitarianism,actions are moral if they produce the greatest amount of good for the greatest number of people.

The OECD Convention against bribery is an example of an agreement that targets the demand side of bribery.

A 1998 U.S.law that outlaws bribery payments by U.S.firms to foreign government officials is known as the ________.

A manager who refuses to bribe customs officials in a foreign country,even though it is morally acceptable in that country,is most likely to believe in which of the following perspectives on ethics?

Transparency International,the OECD,and the ICC are all working to stop bribery around the world.

Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

Bantam Enterprises,a multi-national enterprise,makes significant efforts to avoid being perceived as socially irresponsible.What is the most likely reason for this?

The teleological approach asserts that individuals make moral judgments independent of consequences.

Ethical dilemmas tend to be ________ for MNE managers than for domestic managers.

Which of the following statements is most likely true about the postconventional level of moral development?

Why is the argument that "anything legal is ethical" most likely insufficient?

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply-Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters