International Business Chapters 4/5
Entrepreneurs and business-owners of high uncertainty avoidance cultures will be more willing to take risks and make changes.
False
People who violate folkways are considered to be evil or bad.
False
The value systems and norms of a country have little influence on the costs of doing business in that country.
False
Apple has a formal statement of the ethical priorities that employees must follow. This is called a code of ethics.
True
Building an organizational culture that places a high value on ethical behavior requires incentive and reward systems that reward people who engage in ethical behavior.
True
Most of the world's ethical systems are the product of religions.
True
One of the biggest dangers confronting a company that goes abroad for the first time is the danger of being ill-informed.
True
Suzanne was working in Rwanda for a multinational firm, and she was told that she would need to bribe government officials if she wanted to get her raw materials on time. She was uncomfortable with this as she had always felt bribes were unethical. This kind of pressure sometimes happens with expatriates who work abroad.
True
The Foreign Corrupt Practices Act was amended in order to
allow for "facilitating payments."
The practice of "gift-giving" between the parties in a business negotiation is considered right and proper behavior in many Asian cultures, while some Westerners view the practice as a form of bribery. What is this an example of?
an ethical dilemma
An American executive of a multinational home-furnishings chain finds that one of the company's production units in Philippines employs children to work in its factories. However, most of the children employed at the factory are orphans who will be sold as forced labor or pushed into prostitution if they lose their jobs. The executive finds that all the available alternatives seem ethically unacceptable. In this example, the American executive faces
an ethical dilemma.
The belief in the superiority of one's own culture is known as
ethnocentrism.
A typical American value is an expectation that people have a right to live the way they want. Values are defined as
ideas about what a group believes to be good, right, and desirable.
The social rules and guidelines that prescribe appropriate behavior in a particular situation are called
norms.
The ethical obligations of a multinational corporation toward employment conditions, human rights, corruption, and environmental pollution are
not always clear-cut.
The term _____ refers to the values and norms that are shared among employees of an organization.
organizational culture
Jonathon's family makes a point to sit down to dinner together every night. This is an example of folkways, which are characterized as
the routine conventions of everyday life.
Priyansh grew up in India, where caste systems have become less prevalent. Which of the following statements is true about a caste system?
A caste system is a rigid form of social stratification.
_____ are the accepted principles of right or wrong governing the conduct of businesspeople.
Business ethics
From an international business perspective, some argue that what is ethical
depends on one's cultural perspective.
