Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

Discuss the utilitarian approach to business ethics. When was this approach developed? What are its drawbacks?

Accepted Answer

The answer of Discuss the utilitarian approach to business ethics....

Question 3

Business ethics that either deny the value of business ethics or apply the concept in a very unsatisfactory way are termed _____.

Accepted Answer

A)  straw men 
B)  the Sullivan principles 
C)  just distribution 
D)  rights theories

Question 4

Any person or institution that is capable of moral action such as a government or corporation is a(n) _____.

Accepted Answer

A)  moral agent 
B)  utilitarian 
C)  righteous moralist 
D)  naive immoralist

Question 5

Which of the following is a reason why managers behave in a manner that is unethical?

Accepted Answer

A)  Psychological and geographical distances of a foreign subsidiary from the home office 
B)  Pressure from an ethical leader 
C)  Confusion between personal ethics and business ethics 
D)  Incorporating ethical issues into strategic and operational decision making

Question 6

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.

Question 7

The _____ obliges member states to make the bribery of foreign public officials a criminal offense and excludes facilitating payments made to expedite routine government action from the convention.

Accepted Answer

A)  Convention on Combating Bribery of Foreign Public Officials 
B)  Foreign Corrupt Practices Act 
C)  Convention on International Business Transactions 
D)  Universal Declaration of Human Rights

Question 8

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.

Question 9

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

Accepted Answer

A)  The act outlawed the paying of bribes to foreign government officials to gain business. 
B)  There is enough evidence that it put U.S. firms at a competitive disadvantage. 
C)  The act originally allowed for "facilitating payments." 
D)  The Nike case was the impetus for the 1977 passage of this act.

Question 10

What are ethical dilemmas? Why do they exist?

Accepted Answer

The answer of What are ethical dilemmas? Why do they...

Question 11

In the international business setting, one of the most common ethical issues involves _____.

Accepted Answer

A)  hiring practices 
B)  government deregulation 
C)  the moral obligation of multinational corporations 
D)  facilitating payments

Question 12

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:

Accepted Answer

A)  cultural relativism. 
B)  Friedman doctrine. 
C)  the righteous moralist approach. 
D)  Kantian ethics.

Question 13

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

Accepted Answer

The answer of Should a multinational feel free to pollute...

Question 14

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.

Question 15

_____ recognize that human beings have fundamental rights and privileges that transcend national boundaries and cultures.

Accepted Answer

A)  Rights theories 
B)  Utilitarians 
C)  Cultural relativists 
D)  Kantian ethics

Question 16

The _____ occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation.

Accepted Answer

A)  tragedy of the commons 
B)  moral ignorance 
C)  noblesse oblige 
D)  veil of ignorance

Question 17

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 18

Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable.

Accepted Answer

A) True 
 B)False

Question 19

Talking with _____ is a good way to discern a potential employee's ethical predisposition.

Accepted Answer

A)  human resource personnel 
B)  prior employers regarding someone's reputation 
C)  someone's psychologists 
D)  someone's family

Question 20

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

Accepted Answer

A)  John Stuart Mill 
B)  Immanuel Kant 
C)  Milton Friedman 
D)  David Hume

Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

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

Discuss the utilitarian approach to business ethics. When was this approach developed? What are its drawbacks?

Business ethics that either deny the value of business ethics or apply the concept in a very unsatisfactory way are termed _____.

Any person or institution that is capable of moral action such as a government or corporation is a(n) _____.

Which of the following is a reason why managers behave in a manner that is unethical?

Cultural relativism suggests that:

The _____ obliges member states to make the bribery of foreign public officials a criminal offense and excludes facilitating payments made to expedite routine government action from the convention.

Justice theories of business ethics focus on:

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

What are ethical dilemmas? Why do they exist?

In the international business setting, one of the most common ethical issues involves _____.

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:

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

The Kantian approach to ethics suggests that:

_____ recognize that human beings have fundamental rights and privileges that transcend national boundaries and cultures.

The _____ occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation.

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

Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable.

Talking with _____ is a good way to discern a potential employee's ethical predisposition.

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