Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

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 3

What is a code of ethics?

Accepted Answer

The answer of What is a code of ethics?...

Question 4

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

Accepted Answer

A)  the naive immoralist 
B)  the righteous moralist 
C)  cultural relativism 
D)  the Friedman doctrine

Question 5

Discuss how companies such as Exxon,Kodak,and IBM helped improve human rights in South Africa.

Accepted Answer

The answer of Discuss how companies such as Exxon,Kodak,and IBM...

Question 6

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?

Accepted Answer

A)  Naive immoralist 
B)  Kantian ethics 
C)  Righteous moralist 
D)  Noblesse oblige

Question 7

An international U.S.based company sets up a production unit in a developing country with poor environmental regulations.This contributes to:

Accepted Answer

A)  the noblesse oblige situation. 
B)  the inequity aversion. 
C)  the global tragedy of the commons. 
D)  the Friedman effect.

Question 8

Establishing _____ involves a business to resolve to place moral concerns ahead of other concerns in cases where either the fundamental rights of stakeholders or key moral principles have been violated.

Accepted Answer

A)  a veil of ignorance 
B)  a difference principle 
C)  moral imagination 
D)  moral intent

Question 9

Discuss the naive immoralist's approach to business ethics.What are the criticisms of this approach?

Accepted Answer

The answer of Discuss the naive immoralist's approach to business...

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

The ethical obligations of a multinational corporation toward employment conditions,human rights,environmental pollution,and the use of power are always clear-cut.

Accepted Answer

A) True 
 B)False

Question 12

Friedman's arguments suggest that improving working conditions beyond the level required by the law and necessary to maximize employee productivity will reduce profits and are therefore not appropriate.

Accepted Answer

A) True 
 B)False

Question 13

In your opinion,are bribes ever acceptable? Why or why not?

Accepted Answer

The answer of In your opinion,are bribes ever acceptable? Why...

Question 14

The tragedy of the commons 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) True 
 B)False

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is NOT an example of internal stakeholders?

Accepted Answer

A)  Employees 
B)  Customers 
C)  Stockholders 
D)  The board of directors

Question 17

Employees in a business often take their cue from business leaders,and if those leaders do not behave in an ethical manner,they might not either.

Accepted Answer

A) True 
 B)False

Question 18

Facilitating payments are:

Accepted Answer

A)  a direct violation of the Foreign Corrupt Practices Act. 
B)  permitted so long as they designed only to gain exclusive preferential treatment. 
C)  used to secure contracts that would otherwise not be secured. 
D)  permitted under the amended Foreign Corrupt Practices Act.

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

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.

Exam 5: Ethics, corporate Social Responsibility, and Sustainability

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

The Kantian approach to ethics suggests that:

What is a code of ethics?

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

Discuss how companies such as Exxon,Kodak,and IBM helped improve human rights in South Africa.

An international U.S.based company sets up a production unit in a developing country with poor environmental regulations.This contributes to:

Establishing _____ involves a business to resolve to place moral concerns ahead of other concerns in cases where either the fundamental rights of stakeholders or key moral principles have been violated.

Discuss the naive immoralist's approach to business ethics.What are the criticisms of this approach?

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

The ethical obligations of a multinational corporation toward employment conditions,human rights,environmental pollution,and the use of power are always clear-cut.

Friedman's arguments suggest that improving working conditions beyond the level required by the law and necessary to maximize employee productivity will reduce profits and are therefore not appropriate.

In your opinion,are bribes ever acceptable? Why or why not?

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

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 is NOT an example of internal stakeholders?

Employees in a business often take their cue from business leaders,and if those leaders do not behave in an ethical manner,they might not either.

Facilitating payments are:

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

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