Question 1

While making a business decision,a manager who believes in rights theories is most likely to focus on

Accepted Answer

A)  respecting fundamental human privileges.
B)  achieving collective goals,even if that involves violating fundamental rights.
C)  propagating home-country standards of ethics.
D)  weighing the associated social benefits,costs,and risks.
E)  maximizing stockholders' wealth and profits.F) A) and B)
G) A) and C)

Question 2

The utilitarian philosophy for business ethics primarily focuses on

Accepted Answer

A)  applying home-country standards of ethics in foreign countries.
B)  adopting the ethics of the culture in which a business operates.
C)  maximizing business profits by increasing employee productivity.
D)  ensuring justified treatment of any minority.
E)  weighing the benefits,costs,and risks associated with a course of action.F) B) and C)
G) B) and E)

Question 3

Who asserts that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone's advantage?

Accepted Answer

A)  John Rawls
B)  Leon Sullivan
C)  Garrett Hardin
D)  Milton Friedman
E)  Carol GilliganF) A) and B)
G) B) and C)

Question 4

Ethics officers act as an internal ombudsperson with responsibility for handling confidential inquiries from employees.

Accepted Answer

A) True 
 B)False

Question 5

Ten years after he proposed what came to be known as Sullivan's principles,Leon Sullivan concluded that following his principles

Accepted Answer

A)  was the most ethical way of doing business in South Africa.
B)  was not sufficient to ethically justify the existence of Western businesses in South Africa.
C)  would be effective only when companies opposed democracy in South Africa.
D)  had led international companies to successfully combat the apartheid regime in South Africa.
E)  would safeguard the citizens and businesses in South Africa from Western businesses.F) C) and D)
G) A) and C)

Question 6

Many of the ethical issues in international business are rooted in the fact that political systems,law,economic development,and culture vary significantly from nation to nation.

Accepted Answer

A) True 
 B)False

Question 7

Silver Meteorite Inc.is a multinational company whose home country,Palumbia Republic,considers grease payments as both illegal and unethical.Hence,the company has a zero-tolerance approach toward grease payments irrespective of any of its host nations' perspectives toward such payments.In this context,Silver Meteorite Inc.is following the approach to ethics known as

Accepted Answer

A)  naive immoralist.
B)  righteous moralist.
C)  cultural pluralist.
D)  cultural relativist.
E)  ethnocentric.F) B) and D)
G) A) and B)

Question 8

The result of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions was to

Accepted Answer

A)  make it mandatory for companies to adhere to the pollution control standards of their home country in all the nations in which they do business.
B)  make bribery of foreign officials a criminal offense but not consider facilitating payments a criminal offense.
C)  make grease payments mandatory in order to obtain exclusive preferential treatment in a host nation.
D)  consider payment of speed money to be moral,but illegal.
E)  make it obligatory for companies to adopt a zero-tolerance approach toward grease payments.F) A) and E)
G) A) and C)

Question 9

Davis is the manager of a pharmaceutical manufacturing facility in a developing country.The manufacturing unit does not meet the acceptable standards of the manufacturing facility in the home nation.He knows that demanding a better manufacturing unit will raise the cost of the drugs mainly exported to other less developed countries,and hence its price.But he also realizes that by not demanding a better unit,the employees are prone to serious health issues.Davis is facing

Accepted Answer

A)  a role conflict.
B)  the tragedy of the commons.
C)  a positivity offset.
D)  an ethical dilemma.
E)  a negativity effect.F) A) and C)
G) A) and B)

Question 10

Which of the following statements is true of the utilitarian approach to business ethics?

Accepted Answer

A)  It holds that an action is judged desirable if it leads to the maximization of stockholders' wealth.
B)  The best decisions,from a utilitarian perspective,are those that produce the greatest profits for businesses.
C)  It recognizes that a business should pursue only those actions where the social benefits outweigh the costs.
D)  It asserts that managers should not follow ethical norms if they see that others firms are also not following them.
E)  It fails to consider the idea that actions have multiple consequences.F) B) and D)
G) A) and D)

Question 11

Which of the following terms means standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder?

Accepted Answer

A)  corporate espionage
B)  ethical dilemma
C)  cultural relativism
D)  moral imagination
E)  moral courageF) A) and B)
G) A) and D)

Question 12

What are the seven things that an international business and its managers can do to make sure ethical issues are considered in business decisions?

Accepted Answer

Many of the most vexing ethical problems...

Question 13

The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.

Accepted Answer

A) True 
 B)False

Question 14

To strengthen the moral courage of employees,companies should not retaliate against those employees who complain about unethical actions.

Accepted Answer

A) True 
 B)False

Question 15

Some contemporary moral philosophers view Kant's ethical philosophy as incomplete because his system has no place for

Accepted Answer

A)  basic human rights.
B)  the moral worth of actions.
C)  moral emotions and sentiments.
D)  just and fair treatment of a minority.
E)  human dignity.F) None of the above
G) C) and E)

Question 16

The process of ethical decision-making or ethical algorithm typically begins with

Accepted Answer

A)  identifying which stakeholders a decision would affect and in what ways.
B)  judging the ethics of the proposed strategic decision.
C)  managers establishing a moral intent.
D)  auditing a decision to check for its consistency with ethical principles.
E)  reviewing a decision to check for its consistency with Rawls's veil of ignorance.F) D) and E)
G) C) and E)

Question 17

Kantian ethics 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.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following occurs when a resource held jointly by all,but owned by no one,is overused by individuals,resulting in its degradation?

Accepted Answer

A)  social loafing
B)  cultural relativism
C)  tragedy of the commons
D)  deadweight loss
E)  capital deepeningF) C) and D)
G) A) and B)

Question 19

Which of the following is most likely to reduce the pressure on managers to violate their personal ethics?

Accepted Answer

A)  making managers work away from their ordinary social context and supporting culture
B)  keeping managers psychologically and geographically close to the parent company
C)  pressuring managers to meet unrealistic business goals
D)  adopting an organizational culture which emphasizes that all decisions should be purely economic
E)  pressuring managers to shun the concept of noblesse obligeF) A) and D)
G) A) and C)

Question 20

According to the concept of cultural relativism,a firm,while operating in any host country,should adopt the ethics of the culture that is predominant in its home country.

Accepted Answer

A) True 
 B)False

Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

Correct Answer
verified

Many of the ethical issues in international business are rooted in the fact that political systems,law,economic development,and culture vary significantly from nation to nation.

Correct Answer
verified

While making a business decision,a manager who believes in rights theories is most likely to focus on

Correct Answer
verified

The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.

Correct Answer
verified

The utilitarian philosophy for business ethics primarily focuses on

Correct Answer
verified

The result of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions was to

Correct Answer
verified

To strengthen the moral courage of employees,companies should not retaliate against those employees who complain about unethical actions.

Correct Answer
verified

Kantian ethics 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.

Correct Answer
verified

Which of the following terms means standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder?

Correct Answer
verified

Ethics officers act as an internal ombudsperson with responsibility for handling confidential inquiries from employees.

Correct Answer
verified

Correct Answer
verified

Who asserts that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone's advantage?

Correct Answer
verified

Which of the following statements is true of the utilitarian approach to business ethics?

Correct Answer
verified

According to the concept of cultural relativism,a firm,while operating in any host country,should adopt the ethics of the culture that is predominant in its home country.

Correct Answer
verified

Ten years after he proposed what came to be known as Sullivan's principles,Leon Sullivan concluded that following his principles

Correct Answer
verified

Some contemporary moral philosophers view Kant's ethical philosophy as incomplete because his system has no place for

Correct Answer
verified

The process of ethical decision-making or ethical algorithm typically begins with

Correct Answer
verified

Which of the following is most likely to reduce the pressure on managers to violate their personal ethics?

Correct Answer
verified

Which of the following occurs when a resource held jointly by all,but owned by no one,is overused by individuals,resulting in its degradation?

Correct Answer
verified

What are the seven things that an international business and its managers can do to make sure ethical issues are considered in business decisions?

Correct Answer
verified
Many of the most vexing ethical problems...
View Answer

Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

Correct AnswerverifiedShow Answer

Many of the ethical issues in international business are rooted in the fact that political systems,law,economic development,and culture vary significantly from nation to nation.

Correct AnswerverifiedShow Answer

While making a business decision,a manager who believes in rights theories is most likely to focus on

Correct AnswerverifiedShow Answer

The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.

Correct AnswerverifiedShow Answer

The utilitarian philosophy for business ethics primarily focuses on

Correct AnswerverifiedShow Answer

The result of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions was to

Correct AnswerverifiedShow Answer

To strengthen the moral courage of employees,companies should not retaliate against those employees who complain about unethical actions.

Correct AnswerverifiedShow Answer

Kantian ethics 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.

Correct AnswerverifiedShow Answer

Which of the following terms means standing in the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder?

Correct AnswerverifiedShow Answer

Ethics officers act as an internal ombudsperson with responsibility for handling confidential inquiries from employees.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Who asserts that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone's advantage?

Correct AnswerverifiedShow Answer

Which of the following statements is true of the utilitarian approach to business ethics?

Correct AnswerverifiedShow Answer

According to the concept of cultural relativism,a firm,while operating in any host country,should adopt the ethics of the culture that is predominant in its home country.

Correct AnswerverifiedShow Answer

Ten years after he proposed what came to be known as Sullivan's principles,Leon Sullivan concluded that following his principles

Correct AnswerverifiedShow Answer

Some contemporary moral philosophers view Kant's ethical philosophy as incomplete because his system has no place for

Correct AnswerverifiedShow Answer

The process of ethical decision-making or ethical algorithm typically begins with

Correct AnswerverifiedShow Answer

Which of the following is most likely to reduce the pressure on managers to violate their personal ethics?

Correct AnswerverifiedShow Answer

Which of the following occurs when a resource held jointly by all,but owned by no one,is overused by individuals,resulting in its degradation?

Correct AnswerverifiedShow Answer

What are the seven things that an international business and its managers can do to make sure ethical issues are considered in business decisions?

Correct AnswerverifiedMany of the most vexing ethical problems...View AnswerShow Answer

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Correct Answer
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Correct Answer
verified
Many of the most vexing ethical problems...
View Answer