Int Mgmt: Chpt 5 HW
Gift exchanges in a business situation in Japan are best described as ________.
common
Braxton Clothing Company most likely forbids its buyers from accepting gifts from potential suppliers because the firm wants to avoid a ________.
conflict of interest
Jack always likes to place orders with Sam's Supply Company because the company sends him a gift certificate for $100 each holiday season. Which ethical issue is this an example of?
conflict of interest
Which term refers to a decision that benefits an individual to the possible detriment of the organization?
conflict of interest
HR at APEX Designs, an international architectural firm noticed the following behaviors among employees lately. Which of the following would most likely be considered a problematic ethical situation at APEX?
padding company expense accounts
Which of the following is most influential on an individual's ethics?
peers
An individual's personal beliefs regarding whether a decision, behavior, or action is right or wrong is known as ethics.
true
Circumstances have a significant influence on an individual's behavior.
true
Ethical behavior typically conforms to accepted social norms.
true
The fundamental reason for the existence of a business is to create value.
true
Values influence how individuals define ethical versus unethical behavior.
true
What constitutes ethical behavior varies from person to person.
true
Behavior that fails to conform to generally accepted social norms is considered ________.
unethical
________ are the things a person feels to be important.
values
Ethics is an organizational concept, not an individual one.
false
Which of the following best explains why looting was uncommon in Japan after the country's 2011 earthquake and tsunami?
importance of group membership
Ethical beliefs are primarily ________ in nature.
individual
Gift exchanges are likely to be considered a conflict of interest in a ________ culture.
low-context
Three employees of Martin Enterprises have flown to China to meet a potential business partner. The three employees cannot agree about giving a gift to the potential partner. James, an American manager, believes that gift-giving is an ethical violation. Eun Hee, a South Korean manager, and Evan Lee, a Japanese manager, assert that gift-giving would be appropriate. This situation most likely illustrates which of the following statements?
Gift exchanges are a more important way of doing business in high-context cultures
Mick has been padding his expense account on business trips. However, it seems fair to him because the company refuses to provide him with comp time despite long hours he works on these business trips. Which ethical generalization does this most likely illustrate?
Individuals can rationalize behavior in various circumstances.
Sonya and Amber work together in the Hong Kong corporate office. Despite having similar backgrounds and education, they cannot agree on whether it is appropriate to offer bribes to Chinese officials for the purpose of expediting business transactions. Which ethical generalization does this most likely illustrate?
Individuals have their personal belief systems.
When behavior conforms to generally accepted norms, it is referred to as ________ behavior.
ethical
Which term refers to an individual's personal beliefs about whether a decision, behavior, or action is right or wrong?
ethics
BP's program to prepare managers at headquarters for assignments in Russia is an example of ________.
ethics training
Which of the following is most susceptible to ethical variations in international business?
working conditions
