Question 1

The Sullivan principles attempted to fight against:

Accepted Answer

A)  globalization.
B)  apartheid laws.
C)  legalization of facilitating payments.
D)  democratic structures.
E)  anti-dumping laws.F) A) and B)
G) A) and E)

Question 2

A righteous moralist is most likely to claim that:

Accepted Answer

A)  a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries.
B)  a firm should adopt the ethics of the culture in which it is operating.
C)  people should be treated as ends and never purely as means to the ends of others.
D)  human beings have fundamental rights and privileges that transcend national boundaries and cultures.
E)  inequalities are justified if they benefit the position of the least-advantaged person.F) A) and B)
G) B) and E)

Question 3

Under John Rawls's concept of veil of ignorance, people are imagined to be ignorant of their:

Accepted Answer

A)  fundamental duties.
B)  fundamental rights.
C)  particular characteristics such as race, sex, and nationality.
D)  political and economic freedom.
E)  social responsibilities.F) A) and B)
G) D) and E)

Question 4

The veil of ignorance, a conceptual device designed by John Rawls, supports:

Accepted Answer

A)  impartiality in justice.
B)  oppression of people by totalitarian governments.
C)  economic suppression of people.
D)  apartheid laws.
E)  cultural relativism.F) B) and E)
G) None of the above

Question 5

In stating that all human beings are born free and equal in dignity and rights and that they are endowed with reason and conscience and should act toward one another in a spirit of brotherhood, Article 1 of the Universal Declaration of Human Rights echoes:

Accepted Answer

A)  the Friedman doctrine.
B)  naive immoralism.
C)  cultural relativism.
D)  Kantian ethics.
E)  teleological theory.F) A) and E)
G) C) and E)

Question 6

Which of the following is a violation of ethics according to Kantian philosophy?

Accepted Answer

A)  Employing people to work at sweatshops
B)  Treating people as ends rather than as means
C)  Practicing superior standards of employment in the host country
D)  Empowering people with fundamental rights and privileges
E)  Treating employees as conscious moral beingsF) C) and D)
G) All of the above

Question 7

Societal business ethics are not divorced from personal ethics.

Accepted Answer

A) True 
 B)False

Question 8

In order to build large production units and expedite certain routine government actions related to this, Scorpius Inc. made legal payments to the government officials of a host nation. Such payments are typically referred to as:

Accepted Answer

A)  bribes.
B)  speed money.
C)  customs duties.
D)  excise taxes.
E)  preferred dividends.F) None of the above
G) B) and C)

Question 9

What are grease payments?

Accepted Answer

Sometimes known as speed money or grease...

Question 10

According to Friedman's doctrine, the only social responsibility of business is to increase profits, so long as the company stays within the rules of law.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following terms, developed by Rawls, indicates that inequalities are justified if they benefit the position of the least-advantaged members of society?

Accepted Answer

A)  Difference principle
B)  The tragedy of the global commons
C)  The theory of private equity
D)  Unity of command
E)  Laws of equivalent tradeF) A) and B)
G) A) and C)

Question 12

The power of a multinational corporation is constrained not only by laws and regulations, but also by the discipline of the market and the competitive process.

Accepted Answer

A) True 
 B)False

Question 13

Justice theories primarily focus on:

Accepted Answer

A)  minimizing the amount of political liberty permitted to each person.
B)  the attainment of fair and equitable distribution of economic goods and services.
C)  the attainment of maximum business profits.
D)  protecting multinationals in case they violate fundamental human rights.
E)  minimizing the amount of economic freedom permitted to each person.F) A) and E)
G) A) and D)

Question 14

Which of the following concepts was developed by John Rawls and posited that everyone is imagined to be oblivious to all of his or her particular characteristics, such as, race, sex, intelligence, nationality, family background, and special talents?

Accepted Answer

A)  Tragedy of the commons
B)  Naive immoralism
C)  The Universal Declaration of Human Rights
D)  Veil of ignorance
E)  Difference principleF) A) and C)
G) A) and E)

Question 15

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 16

A multinational corporation that adopts the naive immoralist approach to ethics will most likely:

Accepted Answer

A)  lack cultural sensitivity.
B)  demonstrate moral imperialism.
C)  be highly ethical in its business in a host nation irrespective of the ethical standards followed by other corporations in that host nation.
D)  believe that, in a host country, any action is ethically justified if everyone is doing it.
E)  demonstrate a high degree of ethnocentrism.F) A) and C)
G) A) and B)

Question 17

The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments, which are payments made to:

Accepted Answer

A)  secure contracts that would not otherwise be secured.
B)  obtain exclusive preferential treatment in a foreign market.
C)  influence foreign bureaucrats in the company's favor.
D)  ensure a business receives the standard treatment that it ought to receive.
E)  secure monopoly rights in less developed countries.F) A) and D)
G) C) and D)

Question 18

Article 23 of the Universal Declaration of Human Rights implies that it is unethical to employ child labor in sweatshop settings and pay less than subsistence wages, even if that happens to be common practice in some countries. This is in contrast to:

Accepted Answer

A)  Kantian ethics.
B)  cultural relativism.
C)  rights theories.
D)  Marxism.
E)  justice theories.F) A) and D)
G) B) and D)

Question 19

The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. However, some Westerners view the practice as a form of bribery, and therefore unethical, particularly if the gifts are substantial. This reflects that:

Accepted Answer

A)  notions of ethics are universal.
B)  Asian countries are still under the influence of totalitarianism.
C)  what is ethical depends on one's cultural perspective.
D)  Asian cultures are more economically advanced.
E)  there is unanimous agreement about accepted employment practices.F) A) and B)
G) A) and C)

Question 20

Discuss the utilitarian approach to business ethics and examine its weaknesses.

Accepted Answer

Utilitarian approaches to ethics hold th...

Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

The power of a multinational corporation is constrained not only by laws and regulations, but also by the discipline of the market and the competitive process.

Correct AnswerverifiedShow Answer

Which of the following concepts was developed by John Rawls and posited that everyone is imagined to be oblivious to all of his or her particular characteristics, such as, race, sex, intelligence, nationality, family background, and special talents?

Correct AnswerverifiedShow Answer

What are grease payments?

Correct AnswerverifiedSometimes known as speed money or grease...View AnswerShow Answer

Justice theories primarily focus on:

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

The Sullivan principles attempted to fight against:

Correct AnswerverifiedShow Answer

In stating that all human beings are born free and equal in dignity and rights and that they are endowed with reason and conscience and should act toward one another in a spirit of brotherhood, Article 1 of the Universal Declaration of Human Rights echoes:

Correct AnswerverifiedShow Answer

Discuss the utilitarian approach to business ethics and examine its weaknesses.

Correct AnswerverifiedUtilitarian approaches to ethics hold th...View AnswerShow Answer

The veil of ignorance, a conceptual device designed by John Rawls, supports:

Correct AnswerverifiedShow Answer

In order to build large production units and expedite certain routine government actions related to this, Scorpius Inc. made legal payments to the government officials of a host nation. Such payments are typically referred to as:

Correct AnswerverifiedShow Answer

Which of the following is a violation of ethics according to Kantian philosophy?

Correct AnswerverifiedShow Answer

A multinational corporation that adopts the naive immoralist approach to ethics will most likely:

Correct AnswerverifiedShow Answer

Societal business ethics are not divorced from personal ethics.

Correct AnswerverifiedShow Answer

Article 23 of the Universal Declaration of Human Rights implies that it is unethical to employ child labor in sweatshop settings and pay less than subsistence wages, even if that happens to be common practice in some countries. This is in contrast to:

Correct AnswerverifiedShow Answer

Which of the following terms, developed by Rawls, indicates that inequalities are justified if they benefit the position of the least-advantaged members of society?

Correct AnswerverifiedShow Answer

The practice of "gift giving" between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. However, some Westerners view the practice as a form of bribery, and therefore unethical, particularly if the gifts are substantial. This reflects that:

Correct AnswerverifiedShow Answer

A righteous moralist is most likely to claim that:

Correct AnswerverifiedShow Answer

According to Friedman's doctrine, the only social responsibility of business is to increase profits, so long as the company stays within the rules of law.

Correct AnswerverifiedShow Answer

The Foreign Corrupt Practices Act was subsequently amended to allow for speed money or grease payments, which are payments made to:

Correct AnswerverifiedShow Answer

Under John Rawls's concept of veil of ignorance, people are imagined to be ignorant of their:

Correct AnswerverifiedShow Answer

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Sometimes known as speed money or grease...
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Utilitarian approaches to ethics hold th...
View Answer

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