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