MGT - Chapter 5
International businesses frequently have to address ethical issues that develop because
countries have different business laws, practices and regulations.
Ethical issues arise in international business when
environmental regulations in host nations are less stringent than those in the home country.
What was taking place in South Africa when the apartheid system was dominant?
mandated segregation between whites and nonwhites
As demonstrated by the Nike example, which situation is generally MOST preferred?
requiring good conditions in home and foreign operations even when this results in a smaller profit margin
The managers of ABC Manufacturing are struggling to meet their increased quota. They decide to eliminate two quality control steps in the manufacturing process. This is unethical behavior that was a result of
unrealistic performance goals.
Organizational _____ is the name given to the values and norms that are shared among employees of an organization.
Culture
Which of the following accurately describes developed nations in terms of the environment?
They have more substantive environmental regulations.
True or false: The decision-making process is one of the determinants of ethical behavior.
True
TimeTurner Corp. is a company based in the United States that manufactures luxury wrist watches. By western standards, if the company uses sweatshop labor to make these watches it is most likely to be considered
Unethical
______ are situations where none of the available alternatives seems morally acceptable.
Ethical Dilemma
Which four of the following are determinants of ethical behavior?
Organizational culture Societal culture Personal ethics Leadership
True or false: Business people may behave unethically because they forget to ask whether the decision or action they are making is ethical.
True
True or false: International businesses have gained economic advantages by making payments to corrupt government officials.
True
The basic principles and values that govern interactions between individuals are known as
Personal Ethics
It is wrong to cheat on a test. Conversely, it is right to
accept responsibility for your actions.
A policy of racial segregation and political and economic discrimination against nonwhites in South Africa was known as the
apartheid system.
A payment which ensures that a business receives the standard treatment that it ought to receive from a foreign government is known as
speed money.
Scandinavia scores high on the individualism and uncertainty avoidance measures of societal culture. According to Hofstede's dimensions of societal culture, Scandinavia is more likely to engage in ______ business behavior than countries which score high on masculinity and power distance measures.
Ethical
Sharon is visiting her company's manufacturing subcontractor in Pakistan. She is disturbed when she notices children working on the machinery with no air conditioning and little access to water, but she also knows these children are probably supporting their families. This is an example of a(n) ______.
Ethical Dilemma
Young children are permitted to work in the manufacturing of soccer balls in Pakistan, but this would not be legal in the United States. Yet, a company wants to sell these soccer balls in the United States. This is one example of a(n) ______.
Ethical Dilemma
