Chapter 5- International Business

The practice of "gift-giving" between the parties to 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

_____ 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.

To make sure that a business behaves in an ethical manner, a number of companies have hired _____, who are responsible for making sure the company's code of ethics is followed in every business decision.

ethics officers

Kantian ethics

hold that people should be treated as ends and never purely as means to the ends of others. People have dignity and need to be respected as such.

Expatriate managers may experience

more than the usual degree of pressure to violate their personal ethics.

A naive immoralist asserts that

multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either.

The ethical obligations of a multinational corporation toward employment conditions, human rights, corruption, and environmental pollution are

not always clear-cut.

The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions

obliges member states and other signatories to make the bribery of foreign public officials a criminal offense. The convention excludes facilitating payments made to expedite routine government action from the convention.

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

organizational culture

Moral imagination refers to

standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder.

General Motors' stand against apartheid in South Africa was based upon what came to be known as _____.

the Sullivan principlesW

As a philosophy for business ethics, utilitarianism focuses attention on the need to

weigh carefully all of the social benefits and costs of a business action.

What is the righteous moralist approach to ethics?

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

_____ help establish the culture of an organization and set the example that others follow.

Leaders

The Foreign Corrupt Practices Act was amended to

allow for "facilitating payments."