Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

The term global commons refers to:

Accepted Answer

A)   social norms and values that are common across the globe.
B)   a group of nations that share similar ideologies on globalization.
C)   natural resources from which everyone benefits but for which no one is specifically responsible.
D)   common laws to be obeyed by companies involved in international business.
E)   arrangements, like common currencies, between countries to simplify international trading.F) D) and E)
G) B) and D)

Question 3

Which of the following statements is true about the Friedman doctrine?

Accepted Answer

A)   Milton Friedman explicitly rejects the idea that businesses should behave in an ethical manner.
B)   According to Friedman, managers should weigh the social benefits and costs of an action before deciding whether to pursue it.
C)   The best decisions, from Friedman's perspective, are those that produce the greatest good for the greatest number of people.
D)   According to Friedman, managers of a firm should not make decisions about social investments for its stockholders.
E)   Friedman's basic position is that the only social responsibility of business is to increase profits even if that involves breaking the rules of law.F) B) and D)
G) A) and B)

Question 4

What are grease payments?

Accepted Answer

Sometimes known as speed money or grease...

Question 5

Why are home-country managers,working abroad in multinational firms (expatriate managers),likely to experience more than the usual degree of pressure to violate their personal ethics?

Accepted Answer

Home-country managers working abroad in ...

Question 6

In a business setting managers sometimes do not realize they are behaving unethically,primarily because they:

Accepted Answer

A)   fail to take into account the ethical dimension of business decisions.
B)   ignore business variables such as cost, delivery, and product quality.
C)   have a strong system of personal ethics.
D)   abide by the concept of noblesse oblige.
E)   believe that social investments made by their companies can always compensate for their unethical actions.F) B) and E)
G) All of the above

Question 7

Societal business ethics are not divorced from personal ethics.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is a drawback of the utilitarian approach to business ethics?

Accepted Answer

A)   It omits the consideration of justice.
B)   It fails to consider the benefits, costs, and risks of a course of action.
C)   It advocates moral imperialism and ethnocentrism.
D)   It overemphasizes the significance of maximization of stockholder wealth.
E)   It recognizes that actions have multiple consequences.F) B) and C)
G) None of the above

Question 9

The term "_____" refers to the values and norms that are shared among employees of a business corporation.

Accepted Answer

A)   global commons
B)   organization culture
C)   social responsibility
D)   corporate governance
E)   ethnocentrismF) B) and E)
G) C) and D)

Question 10

Discuss the global tragedy of the commons.

Accepted Answer

No one owns the atmosphere or the oceans...

Question 11

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 D)
G) C) and D)

Question 12

Firms now have ethics officers to penalize those employees who exercise moral courage.

Accepted Answer

A) True 
 B)False

Question 13

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

Accepted Answer

Utilitarian approaches to ethics hold th...

Question 14

The action that produces the greatest good for the greatest number of people can result in the unjustified treatment of a minority.

Accepted Answer

A) True 
 B)False

Question 15

Customers,suppliers,and lenders constitute the internal stakeholders of an organization.

Accepted Answer

A) True 
 B)False

Question 16

The best decisions,from a utilitarian perspective,are those that:

Accepted Answer

A)   maximize a firm's profit.
B)   maximize stockholders' wealth.
C)   have greater social costs than benefits.
D)   produce the greatest good for the greatest number of people.
E)   result in the justified treatment of a minority.F) A) and B)
G) C) and D)

Question 17

The _____ outlawed the paying of bribes to foreign government officials to gain business.

Accepted Answer

A)   Monopoly trade practices Act
B)   Foreign Corrupt Practices Act
C)   Sullivan principles
D)   Smith-Connally Act
E)   Taft-Hartley ActF) A) and B)
G) A) and C)

Question 18

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)   human respect.
C)   moral emotions and sentiments.
D)   just and fair treatment of a minority.
E)   human dignity.F) C) and D)
G) D) and E)

Question 19

The straw man approach of righteous moralism is typically associated with managers from:

Accepted Answer

A)   third world countries.
B)   totalitarian nations.
C)   BRIC nations.
D)   developed nations.
E)   war-torn countries.F) C) and E)
G) C) and D)

Question 20

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) C) and D)
G) B) and E)

Exam 5: Ethics in International Business

What are grease payments?

Correct Answer
verified
Sometimes known as speed money or grease...
View Answer

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

Correct Answer
verified

A righteous moralist is most likely to claim that:

Correct Answer
verified

In a business setting managers sometimes do not realize they are behaving unethically,primarily because they:

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 term "_____" refers to the values and norms that are shared among employees of a business corporation.

Correct Answer
verified

Why are home-country managers,working abroad in multinational firms (expatriate managers),likely to experience more than the usual degree of pressure to violate their personal ethics?

Correct Answer
verified
Home-country managers working abroad in ...
View Answer

Correct Answer
verified

The action that produces the greatest good for the greatest number of people can result in the unjustified treatment of a minority.

Correct Answer
verified

Which of the following is a drawback of the utilitarian approach to business ethics?

Correct Answer
verified

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

Correct Answer
verified
Utilitarian approaches to ethics hold th...
View Answer

The _____ outlawed the paying of bribes to foreign government officials to gain business.

Correct Answer
verified

The best decisions,from a utilitarian perspective,are those that:

Correct Answer
verified

Societal business ethics are not divorced from personal ethics.

Correct Answer
verified

Firms now have ethics officers to penalize those employees who exercise moral courage.

Correct Answer
verified

The straw man approach of righteous moralism is typically associated with managers from:

Correct Answer
verified

Customers,suppliers,and lenders constitute the internal stakeholders of an organization.

Correct Answer
verified

Which of the following statements is true about the Friedman doctrine?

Correct Answer
verified

Discuss the global tragedy of the commons.

Correct Answer
verified
No one owns the atmosphere or the oceans...
View Answer

The term global commons refers to:

Correct Answer
verified

Exam 5: Ethics in International Business

What are grease payments?

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

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

Correct AnswerverifiedShow Answer

A righteous moralist is most likely to claim that:

Correct AnswerverifiedShow Answer

In a business setting managers sometimes do not realize they are behaving unethically,primarily because they:

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 term "_____" refers to the values and norms that are shared among employees of a business corporation.

Correct AnswerverifiedShow Answer

Why are home-country managers,working abroad in multinational firms (expatriate managers),likely to experience more than the usual degree of pressure to violate their personal ethics?

Correct AnswerverifiedHome-country managers working abroad in ...View AnswerShow Answer

Correct AnswerverifiedShow Answer

The action that produces the greatest good for the greatest number of people can result in the unjustified treatment of a minority.

Correct AnswerverifiedShow Answer

Which of the following is a drawback of the utilitarian approach to business ethics?

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 _____ outlawed the paying of bribes to foreign government officials to gain business.

Correct AnswerverifiedShow Answer

The best decisions,from a utilitarian perspective,are those that:

Correct AnswerverifiedShow Answer

Societal business ethics are not divorced from personal ethics.

Correct AnswerverifiedShow Answer

Firms now have ethics officers to penalize those employees who exercise moral courage.

Correct AnswerverifiedShow Answer

The straw man approach of righteous moralism is typically associated with managers from:

Correct AnswerverifiedShow Answer

Customers,suppliers,and lenders constitute the internal stakeholders of an organization.

Correct AnswerverifiedShow Answer

Which of the following statements is true about the Friedman doctrine?

Correct AnswerverifiedShow Answer

Discuss the global tragedy of the commons.

Correct AnswerverifiedNo one owns the atmosphere or the oceans...View AnswerShow Answer

The term global commons refers to:

Correct AnswerverifiedShow Answer

Correct Answer
verified
Sometimes known as speed money or grease...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Home-country managers working abroad in ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Utilitarian approaches to ethics hold th...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
No one owns the atmosphere or the oceans...
View Answer

Correct Answer
verified