Int Mgmt: Chpt 5 Quiz
The __________________ by managers and the businesses they run as the business world is becoming increasingly internationalized.
concern for ethical and socially responsible conduct
Which of the following describes an individual's personal beliefs about whether a decision, behavior, or action is right or wrong?
ethics
Of the following methods, which is NOT a way of eliminating as much ambiguity as possible about what companies view as ethical versus unethical behavior?
. Financial incentives
Which of the following is a law that was passed by the United States Congress in 1977 to prohibit U.S. firms, their employees, and agents acting on their behalf from paying or offering to pay bribes to any foreign government official in order to influence the official actions or policies of that individual to gain or retain business?
FCPA
You are thinking about outsourcing some of your work to Bangladesh and need to know more about working conditions there. Which of the following is one organization that could help you with this?
ILO
You are going to do business in foreign markets and need to determine which markets will attempt to extract bribes to get through public officials, which your company will not endorse or sanction. Which of the following countries would you want to avoid?
Kenya
Which is a TRUE statement regarding mulitnational corporations (MNCs) and social responsibility across borders?
MNCs are continually trying to find balance between their home country and host country's roles and behaviors.
A firm that does as little as possible to address social or environmental problems is considered to have adopted which of the following approaches to social responsibility?
Obstructionist Stance
Organizations manage social responsibility in both informal and formal ways. Of the following, which accurately reflects the way an organization formally implements social responsibility?
Organizations implement social responsibility through legal compliance, ethical compliance, and philanthropic giving.
Which of the following is considered to be the social responsibility stance that exhibits the highest degree of social responsibility?
Proactive stance
Which of the following would be a firm's social responsibility when operating in a global market?
Protecting the natural environment
There are several approaches to social responsibility; of the following, which is NOT one of those approaches to social responsibility?
Reactive stance
Which of the following is one of the reasons diamonds from certain areas are termed "conflict diamonds"?
Smugglers use the money from the sale of the diamonds to finance civil wars.
Which of the following companies earned such a fearsome reputation for not acceding to bribe requests that even at remote African border crossings their Jeeps are sometimes waved through without any requests for a bribe?
Texaco
The central ethical issue in how employees treat the organization does NOT include which of the following?
Whistleblowing
The ________________of a corporation has gained prominence and has made the task of delivering value to shareholders even more complex.
stakeholder model
Although definitions of what constitutes corporate social responsibility (CSR) can vary from country to country and from organization to organization, the most commonly used framework for defining CSR is _______________.
the triple bottom line
Which of the following normally influences formal laws in a society?
Social norms
Which of the following is the fundamental reason for which businesses exist?
value
Latisha works for a company that believes that it should meet its legal and ethical requirements, but will also go beyond these requirements in selected cases. Which of the following describes the social responsibility stance that Latisha's company is maintaining?
Accommodative stance
Which act, passed by the United States in 1789, recently emerged as a potentially significant law affecting multi-national corporations?
Alien Tort Claims Act
Social responsibility is a demanding area for many contemporary organizations. Which of the following is an accurate statement of how organizations should approach socially responsible behaviors?
An organization's approach to social responsibility should be created in the same way the company develops any other business strategy.
Which country developed and first ratified the Anti-Bribery Convention of the Organization for Economic Cooperation and Development in an attempt to eliminate bribery in international business?
Canada
_______________ are written statements of the values and ethical standards that guide the firms' actions, detailing how employees are to treat suppliers, customers, competitors, and other stakeholders.
Codes of ethics
Jadyn works for a company that believes that it should do everything that is required of it legally, but nothing more. Which of the following describes the social responsibility stance that Jadyn's company is maintaining?
Defensive stance
International businesses need to develop policies to deal with differences in national cultures, and then _________________________.
clearly communicate their expectations to their employees
Treatment of ________________________ by the organization is one important area of cross-cultural and international ethics.
employees
Corporate social responsibility is the set of ____________a corporation undertakes to protect and enhance the society in which it functions.
obligations