ethics final true/false
The strategic reason for having CSR play a prominent role in a firm advanced by Harvard Professor Michael Porter argues that in evaluating the firm's CSR, executives should begin by scrutinizing the social impacts of the company's value chain.
True
The term cultural intelligence (CQ) has been used to describe an individual's ability to be effective in cross-cultural situations.
True
Visitors to another culture will notice things that are important at home but that may not be important in the target culture.
True
Workers in a culture of low power distance may be more willing to question the boss's authority or even blow the whistle on an unethical manager.
True
plea of yesteryear as executives conclude that the plea rarely works in a world of regular corporate scandals.
True
If we understand how people think and behave in their native environment, we will understand how a particular group will behave in relation to cultural outsiders.
False
In its Bribe Payers Index (BPI) of 2008, Transparency International (TI) cited Russia, China, Mexico, and India for having particularly high levels of perceived bribery.
False
Justice and fairness are universal human values. Therefore, specific beliefs and preferences about what is a fair allocation are also universally interdependent.
False
Only since Enron's collapse have ethicists and business professionals really been concerned about the increasing focus on "short-term" earnings.
False
Over the long run, to be successful, firms with excellent socially responsible strategies need to worry less about their business strategies.
False
Since the passage of Sarbanes-Oxley few firms have been prosecuted and fewer high-level executives have received jail terms proving convincingly that the legislation is flawed.
False
Successful international business persons are achievers with years of experience in US multinationals.
False
The additional costs of corruption to international projects is less than 5% on average making it practical to include corruption as a cost of doing business.
False
The pharmaceutical industry has found that advertising directly to the consumer minimizes problems experienced earlier with consumers regarding their confidence in products.
False
Toyota, like Johnson & Johnson, halted production in response to its concerns for its customers.
False
According to researchers at Harvard, in developing their firm's codes of conduct, multinational firms would be wise to stick with the eight principles identified by their research as the core of global standards of conduct and to not deviate or supplement the principles with values unique to their respective firms.
False
An organization that does not fulfill its philanthropic responsibilities is acting unethically.
False
Because stakeholders' interests frequently do not overlap, an organization is able to focus on one stakeholder at a time.
False
Despite Johnson & Johnson's best efforts to respond to its customers by pulling Tylenol off shelves, the product has never regained its market share.
False
Ethical issues are universal and do not vary from culture to culture.
False
Fluency in a foreign language assists with verbal communication but helps little in understanding the culture.
False
If a company official is abducted by Somali pirates and held for ransom, the Foreign Corrupt Practices act (FCPA) calls for the company to forego negotiating for the employee's release and to not pay a ransom.
False
The pragmatic approach is more proactive and affirmative than the strategic approach because it asks companies to identify and acknowledge company activities that can do harm and encourages firms to scrutinize their practices and address potential harms by focusing on their own value-chain activities.
False
The definition of conflict for an organization is similar to that for an individual ; that is, if a stakeholder thinks that an organization's judgment is biased because of a relationship it has with another firm, a conflict could exist.
True
The economic responsibilities of a firm involve its primary function of producing goods and services that consumers need and want, while making an acceptable profit.
True
The most strategic CSR initiatives are those that add a social dimension to the firm's overall competitive strategy.
True
The real proportion of wrong-doers is probably quite small.
True
A country's sociopolitical environment increases the number of ethical questions with a company must deal.
True
A firm's financial responsibility is primary and the bedrock of corporate social responsibility because without financial viability, the other responsibilities become moot issues.
True
Although bribes are an accepted part of commercial transactions in many Asian, African, Latin American, and Middle Eastern countries, it is usually against the law in these very same countries.
True
Because of the cultural differences in Asia and Latin America, "help lines" are more effective when they are oriented more toward providing guidance rather than reporting misconduct.
True
Before the beginning of the twentieth century, consumers did not have the right to sue manufacturers for a defective product.
True
Behavior is difficult to predict because people adapt their behaviors to what they believe others expect of them.
True
Conflicts involving organizations are more damaging than those who involve individuals.
True
Constructive engagement of stakeholders, including critics, is replacing the "just trust us"
True
The Golden Rule ("do unto others as you would have them do unto you") appears in the teachings of every major world religion.
True
The Social Investment Forum reported that socially responsible investing grew from $40 billion in 1984 to nearly $3 trillion in 2007 (out of $25 trillion in the US marketplace).
True
Ethical disasters in corporations often start as small issues and it is either denial or mismanagement that cause seemingly minor situations to mushroom into huge legal, ethical, and public relations nightmares.
True
Even if social responsible business practices are costly, firms must perform them anyway.
True
Failure to be socially responsible is costly.
True
In ethical decision-making and particularly in cases dealing with product safety, firms are best served when they consider the long-term consequences of a decision.
True
In the past five-to-ten years, most lawsuits filed against pharmaceuticals are related to the companies' advertising and marketing practices.
True
Many overseas assignments end early and unsuccessfully because the expatriate manager's and the manager's family's inability to adjust to the foreign work environment.
True
More and more consumers say that corporate citizenship influences their buying habits.
True
Nothing will put a company out of business faster than offering a product that is dangerous, poorly produced, or of inferior quality.
True
One of the most common faults in ethical decision making is to ignore the long-term consequences of a decision.
True
Section 404 of the Sarbanes-Oxley Act (SOX) is credited with improving internal financial control systems in public companies even if the cost of doing so is thought to be exorbitant by small firms.
True
Some analysts argue that the more stringent regulatory environment resulting in the post Sarbanes-Oxley period increases shareholder confidence in financial reporting.
True
Spouses of high-level expatriate managers generally serve in a corporate "ambassador" role.
True
