Global Business Chapter 5 Quiz

_____ are the accepted principles of right or wrong governing the conduct of businesspeople. Multiple Choice Business ethics International principles Ethical strategies Employment practices

Business ethics

Carl is a naive immoralist, which means he believes a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. True or False

False

Kantian ethics hold that the moral worth of actions or practices is determined by their consequences. True or False

False

The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions obliges member states to make payments to expedite routine government action a criminal offense. True or False

False

Using Hofstede's dimensions of social culture, research has shown that companies headquartered in cultures where masculinity and power distance are important attributes were more likely to emphasize the importance of behaving ethically True or False

False

Which of the following statements is true about the righteous moralist approach to ethics? Multiple Choice The righteous moralist approach is typically associated with managers from developed nations. The righteous moralist approach states that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences. The righteous moralist approach states that the only social responsibility of businesses is to increase profits. The righteous moralist approach implicitly rejects the idea that universal notions of morality transcend different cultures.

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

Apple has a formal statement of the ethical priorities that employees must follow. This is called a code of ethics. True or False

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 or False

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 or False

True

The Foreign Corrupt Practices Act was amended in order to Multiple Choice allow for "facilitating payments." include environmental guidelines. outlaw grease payments. make the bribery of foreign public officials a criminal offense.

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? Multiple Choice a veil of ignorance organization cultural decisions an ethical dilemma a tragedy of the commons

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 Multiple Choice the tragedy of the commons. a veil of ignorance. an ethical dilemma. the free-rider problem.

an ethical dilemma.

According to Rawls' just distribution theory, all economic goods and services should be distributed equally except when Multiple Choice there are more goods and services to distribute than there are people to receive. power figures make a greater contribution to work efforts. an unequal distribution would work to everyone's advantage. wealthy individuals receive more than disadvantaged individuals.

an unequal distribution would work to everyone's advantage.

From an international business perspective, some argue that what is ethical Multiple Choice should be dictated by the marketplace pressures from customers and other stakeholders. depends on the universal worldwide agreement about what constitutes accepted ethical principles. should be dictated by the business' home country. depends on one's cultural perspective.

depends on one's cultural perspective.

Josiah wanted to move his company to a state with lower taxes, but he was concerned about how that would impact his employees. Josiah is demonstrating the concept of Multiple Choice ethical dilemma. moral imagination. strategic options. corporate responsibility.

moral imagination.

The ethical obligations of a multinational corporation toward employment conditions, human rights, corruption, and environmental pollution are Multiple Choice always clear and unequivocal in U.S. law. clearly laid out in international law. not always clear-cut. dictated by the laws of the corporation's home country.

not always clear-cut.

The term _____ refers to the values and norms that are shared among employees of an organization. Multiple Choice organizational culture environmental factors performance goals multinational behavior

organizational culture

General Motors' stand against apartheid in South Africa was based upon what came to be known as Multiple Choice the human rights movement. the Sullivan principles. cultural relativism. the International Rules.

the Sullivan principles.

The All-Emissions Corporation moved its automobile production plant to a country in South America because it could freely dump waste products into the nearby ocean. By doing this, the corporation was contributing to the concept of Multiple Choice uncertainty avoidance. ethnocentrism. the Sullivan principles. the tragedy of the commons.

the tragedy of the commons.

As a philosophy for business ethics, utilitarianism focuses attention on the need to Multiple Choice follow the ethical norms that are culturally accepted in a host nation. make social investments designed to enhance the welfare of the communities in which they operate. adhere to the United Nations Universal Declaration of Human Rights. weigh carefully all social benefits and costs of a business action.

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