Question 1

Europe has stricter Internet privacy controls than in the United States.?

Accepted Answer

A) True 
 B)False

Question 2

_____ is based upon the assumption that people are predictable and will maximize the utility of their choices relative to their needs and wants.

Accepted Answer

A) Rational economics 
B) Socialism 
C) Capitalism 
D) Behavioral economics 
E) Consumerism 
A) Rational economics 
B) Socialism 
C) Capitalism 
D) Behavioral economics 
E) Consumerism

Question 3

Which of the following statements about multinational corporations (MNCs)is true?

Accepted Answer

A) MNCs operate on a global scale with strong ties to the nation in which they were founded. 
B) MNCs are inherently unethical and always do harm in the countries in which they operate. 
C) MNCs are characterized by a global strategy of focusing on opportunities throughout the world. 
D) Most MNCs use licensing or franchising rather than opening up wholly owned subsidiaries in different countries. 
E) Because of their power, MNCs usually increase the standard of living within the countires in which they operate. 
A) MNCs operate on a global scale with strong ties to the nation in which they were founded. 
B) MNCs are inherently unethical and always do harm in the countries in which they operate. 
C) MNCs are characterized by a global strategy of focusing on opportunities throughout the world. 
D) Most MNCs use licensing or franchising rather than opening up wholly owned subsidiaries in different countries. 
E) Because of their power, MNCs usually increase the standard of living within the countires in which they operate.

Question 4

_____ occurs when the middle class shrinks,resulting in highly concentrated wealth amongst the rich and a large number of poor people with very few resources.

Accepted Answer

A) Communism 
B) Socialism 
C) Bimodal wealth distribution 
D) A two-class social structure 
E) Laissez-faire capitalism 
A) Communism 
B) Socialism 
C) Bimodal wealth distribution 
D) A two-class social structure 
E) Laissez-faire capitalism

Question 5

_____ assumes that humans may not act rationally because of genetics,learned behavior,and rules of thumb.

Accepted Answer

A) Rational economics 
B) Socialism 
C) Cultural relativism 
D) National culture 
E) Behavioral economics 
A) Rational economics 
B) Socialism 
C) Cultural relativism 
D) National culture 
E) Behavioral economics

Question 6

Which of the following organizations emerged from the Bretton Woods agreement of 1944,where a group of international leaders decided that the primary responsibility for the regulation of monetary relationships among national economies should rest in an extra-national body?

Accepted Answer

A) International Monetary Fund 
B) United Nations 
C) World Trade Organization 
D) North American Free Trade Act 
E) European Union 
A) International Monetary Fund 
B) United Nations 
C) World Trade Organization 
D) North American Free Trade Act 
E) European Union

Question 7

_____ has been codified in a United Nations document and is defined as an inherent dignity with equal and inalienable rights as the foundation of freedom,justice,and peace in the world.

Accepted Answer

A) Cultural relativism 
B) Human rights 
C) Consumerism 
D) Global Compact 
E) AACSB standards 
A) Cultural relativism 
B) Human rights 
C) Consumerism 
D) Global Compact 
E) AACSB standards

Question 8

What activity has become a major global business ethics issue only recently?

Accepted Answer

A) Antitrust activities 
B) Bribery 
C) Employee compensation 
D) Consumerism 
E) Hacking 
A) Antitrust activities 
B) Bribery 
C) Employee compensation 
D) Consumerism 
E) Hacking

Question 9

What is the AACSB?

Accepted Answer

A) A major international institution regulating banks around the world 
B) An accrediting institution for organizational ethics 
C) A non-political international governing body 
D) An international organization that promotes a set of principles promoting the teaching of responsible management in business schools 
E) A group that promotes sustainability and environmental awareness 
A) A major international institution regulating banks around the world 
B) An accrediting institution for organizational ethics 
C) A non-political international governing body 
D) An international organization that promotes a set of principles promoting the teaching of responsible management in business schools 
E) A group that promotes sustainability and environmental awareness

Question 10

In addition to making short-term loans to member countries with deficits,the International Monetary Fund also takes steps to promote responsible business conduct.

Accepted Answer

A) True 
 B)False

Question 11

These values were developed by a reverend and the UN Secretary General.They express support for universal human rights.

Accepted Answer

A) The Global Sullivan Principles 
B) Sarbanes-Oxley Act 
C) FSGO 
D) Global common values 
E) UN Global Compact 
A) The Global Sullivan Principles 
B) Sarbanes-Oxley Act 
C) FSGO 
D) Global common values 
E) UN Global Compact

Question 12

Which of the following is true about the U.K.Bribery Act?

Accepted Answer

A) It allows for small facilitation payments. 
B) It only applies to companies headquartered in the United Kingdom. 
C) It is not as stringent as the Foreign Corrupt Practices Act. 
D) It classifies bribes among businesspeople to be illegal. 
E) It mandates that companies must have explicit knowledge of the bribe to be liable. 
A) It allows for small facilitation payments. 
B) It only applies to companies headquartered in the United Kingdom. 
C) It is not as stringent as the Foreign Corrupt Practices Act. 
D) It classifies bribes among businesspeople to be illegal. 
E) It mandates that companies must have explicit knowledge of the bribe to be liable.

Question 13

_____ allows for private ownership of property and features a large government equipped to offer such services as education and health care to its citizens

Accepted Answer

A) Democracy 
B) Communism 
C) Socialism 
D) Capitalism 
E) Social democracy. 
A) Democracy 
B) Communism 
C) Socialism 
D) Capitalism 
E) Social democracy.

Question 14

Which two developing countries are expected to generate some of the largest increases in consumption in the future?

Accepted Answer

A) The United States and Russia 
B) Russia and China 
C) China and United States 
D) Brazil and Russia 
E) China and India 
A) The United States and Russia 
B) Russia and China 
C) China and United States 
D) Brazil and Russia 
E) China and India

Question 15

The United Nations views business as a way to increase the economic outlook of countries.?

Accepted Answer

A) True 
 B)False

Europe has stricter Internet privacy controls than in the United States.?

_____ is based upon the assumption that people are predictable and will maximize the utility of their choices relative to their needs and wants.

Which of the following statements about multinational corporations (MNCs)is true?

_____ occurs when the middle class shrinks,resulting in highly concentrated wealth amongst the rich and a large number of poor people with very few resources.

_____ assumes that humans may not act rationally because of genetics,learned behavior,and rules of thumb.

Which of the following organizations emerged from the Bretton Woods agreement of 1944,where a group of international leaders decided that the primary responsibility for the regulation of monetary relationships among national economies should rest in an extra-national body?

_____ has been codified in a United Nations document and is defined as an inherent dignity with equal and inalienable rights as the foundation of freedom,justice,and peace in the world.

What activity has become a major global business ethics issue only recently?

What is the AACSB?

In addition to making short-term loans to member countries with deficits,the International Monetary Fund also takes steps to promote responsible business conduct.

These values were developed by a reverend and the UN Secretary General.They express support for universal human rights.

Which of the following is true about the U.K.Bribery Act?

_____ allows for private ownership of property and features a large government equipped to offer such services as education and health care to its citizens

Which two developing countries are expected to generate some of the largest increases in consumption in the future?

The United Nations views business as a way to increase the economic outlook of countries.?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making

Individual Factors: Moral Philosophies and Values

Organizational Factors: The Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Managing and Controlling Ethics Programs

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Filters

Exam 1: Globalization of Ethical Decision Making

Europe has stricter Internet privacy controls than in the United States.?

_____ is based upon the assumption that people are predictable and will maximize the utility of their choices relative to their needs and wants.

Which of the following statements about multinational corporations (MNCs)is true?

_____ occurs when the middle class shrinks,resulting in highly concentrated wealth amongst the rich and a large number of poor people with very few resources.

_____ assumes that humans may not act rationally because of genetics,learned behavior,and rules of thumb.

Which of the following organizations emerged from the Bretton Woods agreement of 1944,where a group of international leaders decided that the primary responsibility for the regulation of monetary relationships among national economies should rest in an extra-national body?

_____ has been codified in a United Nations document and is defined as an inherent dignity with equal and inalienable rights as the foundation of freedom,justice,and peace in the world.

What activity has become a major global business ethics issue only recently?

What is the AACSB?

In addition to making short-term loans to member countries with deficits,the International Monetary Fund also takes steps to promote responsible business conduct.

These values were developed by a reverend and the UN Secretary General.They express support for universal human rights.

Which of the following is true about the U.K.Bribery Act?

_____ allows for private ownership of property and features a large government equipped to offer such services as education and health care to its citizens

Which two developing countries are expected to generate some of the largest increases in consumption in the future?

The United Nations views business as a way to increase the economic outlook of countries.?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

The Institutionalization of Business Ethics

Ethical Decision Making

Individual Factors: Moral Philosophies and Values

Organizational Factors: The Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Managing and Controlling Ethics Programs

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Filters