Bus Ethics Set 2

How does humanities in ethics differ from a humanistic business model?

A humanistic business model focuses on leadership development and the data of social science about how to motivate people. Humanities in ethics looks to case methods, novels, short stories, and plays to gain insight into human behavior.

The fact that a McDonald's in Indonesia might provide sambal chili sauce to its customers rather than ketchup is as an example of A. acculturation B. consumerism C. enculturation D. globalization

A. acculturation

Describe the challenge of identifying a universal set of ethics.

Although many agree on the importance of goals like acting with honesty and fairness and treating people as ends rather than means, their implementation is extremely complex, because people have different understandings of what is honest, fair, or an end in itself. The result may be a series of diverse rules rather than one set.

How might consumerism be at odds with the growing concern for business ethics?

As an extreme preoccupation with buying and owning, consumerism runs counter to the new sensitivity to ethics and human flourishing in business, because it defines people not by their humanity but by their purchasing power.

Values of Protestant Christianity were often used to justify ________. mercantilism Standard Oil's overseas investments business success during the Industrial Revolution secular humanism

C business success during the Industrial Revolution

Why is conscience the locus or center of ethical behavior in business?

Conscience is the locus of ethical behavior in business because individuals acting in free association make up the business or organization. They are motivated by their inner voice to act responsibly toward each other and their stakeholders—or not.

What is the major difference between enculturation and acculturation?

Enculturation is the process by which humans learn the characteristics, values, and rules to participate in a society more generally, whereas acculturation is the introduction of the values, worldview, philosophy, or practice of one culture into another.

True or false? All ethical standards are relative and should be treated as such.

False. Certain core ethics exist throughout cultures and time, although they may manifest in different ways.

True or False? Globalization is evidence that business is culturally neutral.

False. Cultures often adapt to business rather than the other way around. As an example, U.S.-style jeans and baseball caps can now be found globally.

True or false? The United Nations Global Compact is a set of standards that is binding worldwide.

False. The UN Global Compact is a voluntary set of standards; it is not legally binding on countries or corporations.

Define localization and name at least three items that might be included as part of a localization effort.

Localization is the process of adapting a product for use or sale in other nations and cultures. This might include language translation, adapting content to the tastes and consumption habits of the local market, and converting measurements.

What did the decision in Shlensky v. Wrigley (1968) establish in ethical terms? How does it compare to the decision in Dodge v. Ford Motor Company (1919)?

Shlensky v. Wrigley gave boards of directors and management more latitude in determining how to balance the interests of stakeholders. This was in contrast to Dodge v. Ford Motor Company, which validated the rule of shareholder primacy.

How would you reconcile cultural differences between so-called contact and noncontact cultures in the context of business negotiations?

This can be a matter of managing expectations. Managers must do the work required for any business deal but deliver it in a way that is culturally sensitive, even if that means negotiating details like project deadlines and the conduct of meetings and agreeing to have different expectations of those in a different cultural context.

True or false? Religion continues to be a forceful influence on ethical systems.

True

What are the levels upon which business ethics exists? compliance and governance federal, state, and local normative and descriptive individual, organizational, and societal

individual, organizational, and societal

Businesses today are concerned with balancing profitability with responsibility. Therefore, they should ________. pay attention to culture go beyond compliance hire moral people hire outside consultants to monitor their supply chain.

pay attention to culture

Protecting owners' interests was a common feature of ________. A. the Industrial RevolutionB. the Information AgeC. the Dodd-Frank Act D. muckraking

the Industrial Revolution