Question 1

Which of the following best exemplifies the global tragedy of the commons?

Accepted Answer

A)   A firm exploiting the weak employment standards in a host nation
B)   A firm dumping its chemical wastes directly into an ocean
C)   A firm exploiting the weak intellectual property rights in a developing nation
D)   A neighboring country opposing the introduction of a free trade area
E)   A country denying its citizens of their basic human rightsF) A) and E)
G) B) and D)

Question 2

Describe the five-step process involved in ethical decision-making.

Accepted Answer

A stakeholder analysis is a five-step pr...

Question 3

The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures.However,some Westerners view the practice as a form of bribery,and therefore unethical,particularly if the gifts are substantial.This reflects that:

Accepted Answer

A)   notions of ethics are universal.
B)   Asian countries are still under the influence of totalitarianism.
C)   what is ethical depends on one's cultural perspective.
D)   Asian cultures are more economically advanced.
E)   there is a unanimous agreement about accepted ethical principles.F) None of the above
G) A) and B)

Question 4

Which of the following best exemplifies noblesse oblige?

Accepted Answer

A)   Multinational corporations gaining monopoly rights in developing countries in order to weaken the local competition
B)   Multinational corporations funding schools, universities, and hospitals in under developed countries
C)   Multinational corporations altering the laws of a host country to suit their businesses
D)   Multinational corporations bribing the poorly paid government officials in a foreign market
E)   Multinational corporations moving production to developing countries to exploit their lower employment standardsF) A) and B)
G) B) and D)

Question 5

The Republic of Loransia wants all the international companies operating in the country to adhere to Sullivan principles.Which of the following is an implication of this?

Accepted Answer

A)   Racial discrimination will increase in the country.
B)   The citizens will be denied of their basic human rights.
C)   The cost of doing business in the country will reduce, as democracy will be hampered.
D)   The international businesses will be expropriated due to nationalization.
E)   The business operations of the international companies will be ethically justified.F) A) and B)
G) B) and D)

Question 6

The primary purpose for which managers use a moral compass is to:

Accepted Answer

A)   help them navigate through difficult ethical dilemmas.
B)   maximize stockholders' wealth.
C)   legally justify their unethical behavior.
D)   identify new markets that have the best growth potential.
E)   establish political imperialism in host countries.F) A) and E)
G) B) and E)

Question 7

The _____ approach to ethics holds that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences.

Accepted Answer

A)   ethnocentric
B)   utilitarian
C)   cultural relativist
D)   naive immoralist
E)   righteous moralistF) C) and E)
G) A) and E)

Question 8

Which of the following is detrimental to an ethical business setting?

Accepted Answer

A)   Keeping in mind that each decision has a moral dimension
B)   Encouraging leaders to demonstrate strong personal ethics
C)   Operating in cultures which score high on masculinity and power distance measures
D)   Setting realistic, achievable performance goals for employees
E)   Frequently auditing the activities of expatriate managersF) A) and B)
G) A) and D)

Question 9

_____ implicitly rejects the idea that universal notions of morality transcend different cultures.

Accepted Answer

A)   Just distribution
B)   Cultural relativism
C)   The Kantian ethic
D)   Utilitarianism
E)   Sullivan principleF) C) and D)
G) A) and C)

Question 10

Discuss John Rawls principles of justice.

Accepted Answer

According to John Rawls,valid principles...

Question 11

Which of the following statements is true about ethical decision-making?

Accepted Answer

A)   In ethical decision-making, managers need not consider the implications of a proposed strategic decision on external stakeholders.
B)   In ethical decision-making, It is illegal to apply the moral principles articulated in any company document other than the code of ethics.
C)   Since maximizing long-run profitability is the decision rule that most businesses stress, it should be applied irrespective of whether moral principles are being violated.
D)   Companies should place their narrow economic interests before the interests of stakeholders.
E)   In ethical decision-making, managers need to ensure that a proposed decision does not violate the fundamental rights of any stakeholders.F) None of the above
G) D) and E)

Question 12

Describe how violation of the apartheid laws by Western businesses helped improve human rights in South Africa.

Accepted Answer

Despite the odious nature of the aparthe...

Question 13

The term organization culture refers to the values and norms that are shared among employees of an organization.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A)   Social loafing
B)   Guerilla attack
C)   The tragedy of the commons
D)   A deadweight loss
E)   Capital deepeningF) A) and B)
G) None of the above

Question 15

_____ fall into the category of external stakeholders of an organization.

Accepted Answer

A)   Employees
B)   Customers
C)   Trustees
D)   Board of directors
E)   StockholdersF) C) and D)
G) A) and E)

Question 16

The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments,which are payments made to:

Accepted Answer

A)   secure contracts that would not otherwise be secured.
B)   obtain exclusive preferential treatment in a foreign market.
C)   influence foreign bureaucrats in the company's favor.
D)   ensure receiving the standard treatment that a business ought to receive.
E)   secure monopoly rights in less developed countries.F) A) and C)
G) B) and E)

Question 17

People who work for or own the company such as employees,board of directors,and investors are commonly referred to as:

Accepted Answer

A)   external stakeholders.
B)   internal stakeholders.
C)   category captains.
D)   boundary spanners.
E)   idea champions.F) None of the above
G) A) and E)

Question 18

The righteous moralist approach to ethics is typically associated with managers from developed nations.

Accepted Answer

A) True 
 B)False

Question 19

Jonathan is the manager of his company's facilities in the Philippines.He believes in ensuring the exact same standards of working conditions,wages,and labor management in the Philippines as practiced by the company's corporate office in its home country,the United States.This policy of Jonathan does not always lead to profits because of the vast cultural differences between the two nations.Which of the following straw men approaches to ethics is most likely being adopted by Jonathan?

Accepted Answer

A)   Naive immoralism
B)   Cultural relativism
C)   Righteous moralism
D)   Sullivan principle
E)   Just distributionF) B) and C)
G) A) and D)

Question 20

Our personal ethical code exerts a profound influence on the way we behave as businesspeople.

Accepted Answer

A) True 
 B)False

Exam 5: Ethics in International Business

Describe the five-step process involved in ethical decision-making.

Correct Answer
verified
A stakeholder analysis is a five-step pr...
View Answer

_____ implicitly rejects the idea that universal notions of morality transcend different cultures.

Correct Answer
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Which of the following best exemplifies noblesse oblige?

Correct Answer
verified

Our personal ethical code exerts a profound influence on the way we behave as businesspeople.

Correct Answer
verified

The Republic of Loransia wants all the international companies operating in the country to adhere to Sullivan principles.Which of the following is an implication of this?

Correct Answer
verified

Describe how violation of the apartheid laws by Western businesses helped improve human rights in South Africa.

Correct Answer
verified
Despite the odious nature of the aparthe...
View Answer

The term organization culture refers to the values and norms that are shared among employees of an organization.

Correct Answer
verified

The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments,which are payments made to:

Correct Answer
verified

The primary purpose for which managers use a moral compass is to:

Correct Answer
verified

Which of the following is detrimental to an ethical business setting?

Correct Answer
verified

Which of the following best exemplifies the global tragedy of the commons?

Correct Answer
verified

The _____ approach to ethics holds that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences.

Correct Answer
verified

Which of the following statements is true about ethical decision-making?

Correct Answer
verified

_____ fall into the category of external stakeholders of an organization.

Correct Answer
verified

The righteous moralist approach to ethics is typically associated with managers from developed nations.

Correct Answer
verified

Correct Answer
verified

Discuss John Rawls principles of justice.

Correct Answer
verified
According to John Rawls,valid principles...
View Answer

The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures.However,some Westerners view the practice as a form of bribery,and therefore unethical,particularly if the gifts are substantial.This reflects that:

Correct Answer
verified

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

Correct Answer
verified

People who work for or own the company such as employees,board of directors,and investors are commonly referred to as:

Correct Answer
verified

Exam 5: Ethics in International Business

Describe the five-step process involved in ethical decision-making.

Correct AnswerverifiedA stakeholder analysis is a five-step pr...View AnswerShow Answer

_____ implicitly rejects the idea that universal notions of morality transcend different cultures.

Correct AnswerverifiedShow Answer

Which of the following best exemplifies noblesse oblige?

Correct AnswerverifiedShow Answer

Our personal ethical code exerts a profound influence on the way we behave as businesspeople.

Correct AnswerverifiedShow Answer

The Republic of Loransia wants all the international companies operating in the country to adhere to Sullivan principles.Which of the following is an implication of this?

Correct AnswerverifiedShow Answer

Describe how violation of the apartheid laws by Western businesses helped improve human rights in South Africa.

Correct AnswerverifiedDespite the odious nature of the aparthe...View AnswerShow Answer

The term organization culture refers to the values and norms that are shared among employees of an organization.

Correct AnswerverifiedShow Answer

The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments,which are payments made to:

Correct AnswerverifiedShow Answer

The primary purpose for which managers use a moral compass is to:

Correct AnswerverifiedShow Answer

Which of the following is detrimental to an ethical business setting?

Correct AnswerverifiedShow Answer

Which of the following best exemplifies the global tragedy of the commons?

Correct AnswerverifiedShow Answer

The _____ approach to ethics holds that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences.

Correct AnswerverifiedShow Answer

Which of the following statements is true about ethical decision-making?

Correct AnswerverifiedShow Answer

_____ fall into the category of external stakeholders of an organization.

Correct AnswerverifiedShow Answer

The righteous moralist approach to ethics is typically associated with managers from developed nations.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Discuss John Rawls principles of justice.

Correct AnswerverifiedAccording to John Rawls,valid principles...View AnswerShow Answer

The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures.However,some Westerners view the practice as a form of bribery,and therefore unethical,particularly if the gifts are substantial.This reflects that:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

People who work for or own the company such as employees,board of directors,and investors are commonly referred to as:

Correct AnswerverifiedShow Answer

Correct Answer
verified
A stakeholder analysis is a five-step pr...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Despite the odious nature of the aparthe...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
According to John Rawls,valid principles...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified