International Business Chapter 5

Which of the following are payments to ensure receiving the standard treatment that a business ought to receive from a foreign government, but might not due to the obstruction of a foreign official?

grease payments

The code of ethics of a company draws heavily upon documents such as the UN Universal Declaration of Human Rights, which itself is grounded in Kantian and rights-based theories of moral philosophy. In the context of this information, this company is most likely to:

respect the dignity of an individual and the right of employees to freedom of association

According to the Friedman Doctrine:

the only social responsibility of business is to increase profits, so long as the company stays within the rules of law.

Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable.

true

How long did the formal investigation of Crime-ler take?

8 years

Which of the following best exemplifies the global tragedy of the commons?

A firm dumping its chemical wastes directly into an ocean

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

Bans bribing & speed money

Which of the following straw men approaches to business ethics is best summarized by the maxim "When in Rome, do as the Romans"?

Cultural relativism

Who are considered internal stakeholders of a company?

Employees

The act that outlaws paying of bribes to foreign government officials to gain business is known as

Foreign Corrupt Practices Act.

Which of the following do moral theorists argue form the basis for the moral compass that managers should navigate by when making decisions that have an ethical component?

Fundamental human rights

Which of the following typically focus on the attainment of fair and equitable distribution of economic goods and services?

Justice theories

When an employee says no to a supervisor because what he or she was asked to do was unethical, it exhibits the employee's:

Moral courage

Which of the following asserts that if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either?

Naive immoralism

Which of the following is a root cause of unethical behavior in business?

Pressure to meet unrealistic performance goals

Which of the following is typically associated with managers from developed nations, and claims that a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries?

Righteous moralism

What was the Chinese subsidiary's reaction to the potential criminal charges?

Stopping questionable activity

Which of the following holds that the moral worth of actions or practices is determined by their consequences, and is committed to the maximization of good and the minimization of harm?

Utilitarianism

''Facilitating payments''

are also known as speed money.

An economic argument put forth for speed money is that it

creates growth for all nations.