Business Ethics ch 6
What is internatonal monetary fund?
An International financial institution that lends foreign exchange to member nations so they can participate in global trade.
At the other end of the continuum are systems of ________ ________ __________, in which economic power is concentrated in the hands of government officials and political authorities.
Central state control
___________ __________ comprises non profit, educational, religious, community, family, and interest group organizations; that is, social organizations that do not have a commercial or governmental purpose.
Civil societie
_________________ refers to the increasing movement of goods, services, and capital across national borders.
Globalization
What is the idea that the world's richest nations should forgive poor nations obligation to pay back loans.
Debit relief
What are based on the principle of voluntary association and exchange?
Free enterprise systems
______________________ occurs when a company, individual, or fund invests money in another country, for example, by buying shares of stock and/or loaning money till foreign firm.
Foreign direct investment (FDI)
What is World Bank?
In internatonal financial institution that provides economic development loans to member nations.
What is the world trade organization?
In organization of member nations that establish the ground rules for trade among nations.
Global comerants is carried out in the context of a set of important __________________.
International financial and trade institutions
Which of the following organizations have developed standards to judge corporate performance? a. International Organisation for Standards. b. Global Development Initiative. c. Institute of Accountability. d. All of the above.
a. International Organisation for Standards.
According to Philip H. Mirvis' and Bradley K. Googins' model, how many stages are there of global corporate citizenship? a. Three. b. Five. c. Seven. d. Twelve.
b. Five.
Companies see the need to build more coherent initiatives as they move into the: a. Innovative stage. b. Integrated stage. c. Engaged stage. d. Transforming stage.
b. Integrated stage.
When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called: a. Corporate Social Responsibility. b. Global Sustainability. c. Global Corporate Citizenship. d. Community Investing.
c. Global Corporate Citizenship.
Managers responding to the needs of the local education system as a normal or routine aspect of its operations is an example of an organization in the: a. Innovative stage. b. Integrated stage. c. Transforming stage. d. Engaged stage.
c. Transforming stage.
Financial, social and environmental results are reported together in a firm's: a. Financial reports if a publicly traded firm. b. Code of business conduct. c. Triple bottom line report. d. Employee newsletter.
c. Triple bottom line report.
Today, many businesses use social audits to.... a. measure the social equity produced by their actions. b. minimize risks. c. capitalize on opportunities. d. All of the above....
d. All of the above
Global audit social standards concentrate on: ♤ a. Internally focused economic benefits for the firm. b. Externally focused social benefits for the environment. c. Externally focused social benefits for key stakeholders. d. All of the above
d. All of the above ♤
Good corporate citizens: + a. Strive to conduct all business dealings in an ethical manner. b. Make a concerned effort to balance the needs of all stakeholders. c. Work to protect the environment. d. All of the above.
d. All of the above. +
Asian Forum on Corporate Social Responsibility gives awards for excellence in: • a. Environmental management. b. Education. c. Poverty alleviation. d. All of the above
d. All of the above. •
