International Business Chapter 5

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 int prostitution, if they lose their job. The executive finds that all the available alternatives seem ethically unacceptable. In this example, the American executive faces what

Ethical dilemma

The Foreign Corrupt Practice Act was amended to allow what?

Facilitating payments

Kantian ethics hold that the moral worth of actions or practices is determined by their consequences/ T/F

False

What helps establish the culture of an organization and set the example that others follow?

Leaders

What refers to the value and norms that are shared among employees of an organization

Organized culture

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. T/F

True

The practice of "gift-giving" between the parties to a business negotiation is considered right and proper behavior in many Asian Cultures. While some Westerns view the practice as a form of bribery. What is this an example of.

An ethical dilemma