The _____ occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation. Show
B. moral ignorance C. noblesse oblige D. veil of ignorance A The _____ outlawed the paying of bribes to foreign government officials to gain business. B. Foreign Corrupt Practices Act C. Convention on International Business Transactions D. Universal Declaration of Human Rights B Facilitating payments are also known as _____. B. pocket lining C. speed money D. sliding C _____ is a French term that refers to
honorable and benevolent behavior considered the responsibility of people of high (noble) birth. B. Honourable C. Aristocratic D. Noblesse oblige D Ethical dilemmas exist because many real-world decisions involve: B. people from different cultures. C. employers and employees. D. people from different multinational firms. A Employees in a business often take their cue from _____. B. business leaders C. their families D. government leaders B _____ approaches to business ethics are raised by business ethics scholars primarily to demonstrate that they offer
inappropriate ethical decision making in a multinational enterprise. B. The righteous moralist C. Straw men D. The naive immoralist C _____ arguments suggest that improving working conditions beyond the level required by the law and necessary to maximize employee productivity will reduce profits and are therefore not appropriate. B. Kantian C. Sullivan's D. Friedman's D According to the _____ point-of-view, a firm should adopt the ethics of the culture in which it is operating. B. righteous moralist C. naïve immoralist D. utilitarian approach A According to the _____, even if a manager of a multinational sees that
firms from other nations are not following ethical norms in a host nation, that manager should maintain the standards of the company's home country. B. righteous moralist C. utilitarian D. naive immoralist B An American firm that sets up production units in China is accused of releasing untreated chemical waste into water bodies. The manager of the firm defends the
firm stating that, factories in China set up by French and British firms also release untreated chemical waste into water bodies. What approach to business ethics is the manager using? B. Utilitarian C. Naive immoralist D. Cultural relativist C The _____ approaches to ethics hold that the moral worth of actions or practices is determined by their consequences. B. cultural relativist C. righteous moralist D. utilitarian D _____ recognize that human beings have fundamental rights and privileges that transcend national boundaries and cultures. B. Utilitarians C. Cultural relativists D. Kantian ethics A Talking
with _____ is a good way to discern a potential employee's ethical predisposition. B. prior employers regarding someone's reputation C. someone's psychologists D. someone's family B A firm's _____ include customers, suppliers, and lenders. B. clients C. external stakeholders D. community C _____ enables managers to walk away from a decision that is profitable but unethical. B. Righteousness C. Just distribution D. Moral courage D Companies can strengthen the _____ of employees by committing themselves to not retaliate against employees who complain about unethical actions. B. code of ethics C. ethical strategies D. organizational culture A It is in the best interest of prospective employees to find out all they can about the: B. ethical climate in an organization. C. internal stakeholders of an organization. D. corporate social responsibility actions of an organization. B Which of the following was designed to allow GM to operate ethically in South Africa as long as the company did not obey the apartheid laws in its own South African operations? B. The righteous moral system C. Noblesse oblige D. Cultural relativism A Identify the INCORRECT statement about environmental regulations. B. Environmental regulations are similar across developed and developing nations. C. Developed nations have substantial regulations governing the emission of pollutants, the dumping of toxic chemicals, and so on. D. Inferior environmental regulations in host nations, as compared to home nation, can lead to ethical issues. B The _____ occurs
when a resource is shared by all, but owned by no one, is overused by individuals, resulting in its degradation. B. noblesse oblige C. inequity aversion D. tragedy of the commons D An international U.S.-based company sets up a production unit in a developing country with poor environmental regulations. This contributes to the: B. inequity aversion. C. global tragedy of the commons. D. Friedman effect. C Which of the following observations about the Foreign Corrupt Practices Act is true? B. There is enough evidence that it put U.S. firms at a competitive disadvantage. C. The act originally allowed for "facilitating payments." D. The Nike case was the impetus for the 1977 passage of this act. A Facilitating payments are: B. permitted so long as they designed only to gain exclusive preferential treatment. C. used to secure contracts that would otherwise not be secured. D. permitted under the amended Foreign Corrupt Practices Act. D The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes: B. grease payments to gain exclusive preferential treatment. C. facilitating payments made to expedite routine government action. D. payments to government officials for special privileges. C The idea that businesspeople should consider the social consequences of economic actions when making business decisions and that there should be a presumption in favor of decisions that have both good economic and social consequences is known as: B. noblesse oblige. C. ethical dilemma. D. social responsibility. D Which of the
following, in a business setting, is taken to mean benevolent behavior that is the responsibility of successful enterprises? B. Ethical dilemma C. Tragedy of the commons D. Noblesse oblige D BP, one of the world's largest oil companies, has made it part of the company policy to undertake "social investments" in the countries where it does business. There was no
economic reason for BP to make this social investment, but the company believes it is morally obligated to give something back to the societies that have made their success possible. BP's actions are an example of: B. the Friedman doctrine. C. noblesse oblige. D. the tragedy of the commons. C A situation in which none of the available alternatives seems morally
acceptable is called: B. noblesse oblige. C. the tragedy of the commons. D. the free rider problem. A Expatriate managers may experience more than the usual degree of pressure to violate their personal ethics because of which of the following? B. They are psychologically and geographically closer to the parent company. C. They may be based in a culture that does not place the same value on ethical norms important in the manager's home country. D. They may be surrounded by local employees who have more rigorous ethical standards. C Which of the following refers to the values and norms that the employees of an organization share? B. Cultural relativism C. Organization culture D. Power orientation C According to _____, the social responsibility of business is to increase profits, so long as the company stays within the rules of law. B. the righteous moralist C. cultural relativism D. the Friedman doctrine D According
to the Friedman doctrine: B. a multinational's home-country standards of ethics are inappropriate to follow in foreign countries. C. businesses should not undertake social expenditures beyond those mandated by the law and required for the efficient running of a business. D. if a manager of a multinational sees that firms from other nations are not following environmental legislation in a host nation, that manager should not either. C Cultural relativism suggests that: B. the only social responsibility of a firm is to increase profits. C. a firm's ethical policies should remain the same in all cultures. D. a multinational should follow its home-country cultural practices in all the host-countries where it has operations. A Child labor is permitted and widely employed in Country X. A multinational company entering Country X decides to employ minors in its subsidiary, even though it is against the multinational's home-country ethics. Which of the following approaches to business ethics would justify the actions of the multinational company? B. Cultural relativism C. The justice theory D. The rights theory B A multinational company is accused of paying bribes to the government of a host country to obtain permission to build a production factory. The public relations manager of the company defends the company's actions as being ethically sound; he states that in the host country, paying bribes to government officials is the accepted norm and is in keeping with the social practices in the host country.
The public relations manager is using which of the following philosophical doctrines to defend the actions of the company? B. Righteous moralist C. Noblesse oblige D. Cultural relativism D In its extreme viewpoint, _____ suggests that if a culture supports slavery, it is all right to use slave labor in the country. B. noblesse oblige C. righteous moralist D. cultural relativism D The righteous moralist suggests that: B. a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. C. the social responsibility of business is to increase profits, so long as the company stays within the rules of law. D. 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. B According to the naive immoralist, B. the social responsibility of business is to increase profits, so long as the company stays within the rules of law. C. ethics are nothing more than the reflection of a culture. D. if firms in a host nation do not follow ethical norms then the manager of a multinational should also not follow ethical norms there. D An American manager in Colombia routinely pays off the local drug lord to guarantee that his plant will not be bombed and that none of his employees will be kidnapped.
The manager argues that such payments are ethically defensible because everyone is doing it. The manager's argument exemplifies which of the following ethical approaches? B. Kantian ethics C. Righteous moralist D. Noblesse oblige A The utilitarian approach to business ethics suggests that: B. the moral worth of actions or practices is determined by their consequences. C. people have dignity and need to be treated as such. D. human beings have fundamental rights and privileges that transcend national cultures. B According to the _____ approach, the best decisions are those that produce the greatest good for the greatest number of people. B. Friedman doctrine C. Kantian ethics D. utilitarian D The products of Carmen Stores, an international sports apparel chain, are manufactured in sweat factories in China. According to the company president, using sweatshop labor offers a means of livelihood to children and young adults, as well as supplies good quality apparel to customers at a lower cost. She asserts that the actions of the
company are justified because it results in the benefit of the maximum number of people. The company president's argument is based on which of the following ethical viewpoints? B. The Friedman doctrine C. Kantian approach to business ethics D. Utilitarian approach to business ethics D The Kantian approach to ethics suggests that: B. the moral worth of actions or practices is determined by their consequences. C. people should be treated as ends and never purely as means to the ends of others. D. ethics are nothing more than the reflection of culture. C Identify the correct statement about the rights theories. B. The moral worth of actions or practices is determined by their consequences. C. People should be treated as ends never purely as means to the ends of others. D. The only social responsibility of business is to increase profits, so long as the company stays within the rules of law. A Which of the following persons believed that people should be
treated as ends and never purely as means to the ends of others? B. Immanuel Kant C. Milton Friedman D. David Hume B The United Nations Universal Declaration of Human Rights, related to employment, upholds which of the following? B. A sliding pay scale based upon need. C. Prohibition of trade unions. D. Protection against unemployment. D Article 1 of the United Nations Universal Declaration of Human Rights states: All human beings are born free and equal in dignity and rights. This best echoes: B. Friedman doctrine. C. the righteous moralist approach. D. Kantian ethics. D Which
of the following statements is true about the United Nations Universal Declaration of Human Rights? B. It states that human rights are culturally determined. C. It states that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences. D. It states that the only social responsibility of business is to increase profits, so long as the company stays within the rules of law. A Justice theories of business ethics focus on: B. minimum levels of morally acceptable behavior. C. fundamental rights and privileges that transcend national boundaries. D. the attainment of an equitable distribution of goods and services. D According to John Rawls: B. freedom of speech and assembly is the single most important component in a justice system. C. equal basic liberty is impossible in a pure market economy. D. ethics is culturally determined. A Rawls' philosophy that inequalities are justified if they benefit the position of the
least-advantaged person is known as the: B. equity principle. C. difference principle. D. ignorance veil principle. C ccording to John Rawls's difference principle, B. fundamental human rights should transcend national borders and cultures. C. the best decisions are those that produce the greatest good for the greatest number of people. D. inequalities are justified if they benefit the position of the least-advantaged person. D External stakeholders: B. include all employees, the board of directors, and stockholders. C. typically comprise customers, suppliers, lenders, etc. D. are individuals or groups who work for the business. C Which of the following is an example of an external stakeholder? B. Customers C. Stockholders D. The board of directors B _____ means standing in
the shoes of a stakeholder and asking how a proposed decision might impact that stakeholder. B. Difference principle C. Moral imagination D. Noblesse oblige C Establishing _____ involves a business to resolve to place moral concerns ahead of other concerns in cases where either the fundamental rights of stakeholders or key moral principles have been violated. B. a difference principle C. moral imagination D. moral intent D What is the term for a company's formal statement of the ethical priorities it expects all of its employees to follow? B. Stakeholders pledge C. Moral courage D. Difference principle A Business
ethics that either deny the value of business ethics or apply the concept in a very unsatisfactory way are termed _____. B. the Sullivan principles C. just distribution D. rights theories A Which of the following ethical theories explicitly rejects the idea that businesses should undertake social expenditures beyond those mandated by the law and required for the efficient
running of a business? B. The Friedman doctrine C. Cultural relativism D. The righteous moralist B A(n) _____ 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. B. righteous moralist C. naive immoralist D. utilitarian ethicist C Any person or institution that is capable of moral action such as a government or corporation is a(n) _____. B. utilitarian C. righteous moralist D. naive immoralist A Under the veil of ignorance, everyone is imagined to be ignorant of: B. fundamental rights and privileges. C. the moral worth of actions or practices. D. the minimum levels of morally acceptable behavior. A _____ are the accepted principles of right or wrong governing the conduct of businesspeople. B. Business ethics C. Moral worth of actions D. Ethical strategies B The veil of ignorance was developed by _____ as part of his approach to justice theories. B. John Rawls C. Kantian D. Leon Sullivan B Often, the code of ethics draws heavily upon documents such as the _____, which itself is grounded in Kantian and rights-based theories of moral philosophy. B. Foreign Corrupt Practices Act C. Convention on International Business Transactions D. UN Universal Declaration of Human Rights B Which of the following is a reason why managers behave in a manner that is unethical? B. Pressure from an ethical leader C. Confusion between personal ethics and business ethics D. Incorporating ethical issues into strategic and operational decision making A In the international business setting, one of the most common ethical issues involves _____. B. government deregulation C. the moral obligation of multinational corporations D. facilitating payments C The _____ obliges member states to make the bribery of foreign public officials a criminal offense and excludes facilitating payments made to expedite routine government action from the convention. B. Foreign Corrupt Practices Act C. Convention on International Business Transactions D. Universal Declaration of Human Rights C Is a French term that refers to honorable and benevolent behavior considered the responsibility of people of high noble birth?TRUE Noblesse oblige is a French term that refers to honorable and benevolent behavior considered the responsibility of people of high (noble) birth.
What is ethical behavior in business quizlet?Ethics are moral principles by which people conduct themselves personally, socially, or professionally and business ethics are rules based on moral principles about how businesses and employees ought to conduct themselves.
Which of the following refers to the values and norms that the employees of an organization share quizlet?A firm's organizational culture refers to the values and norms that are shared among employees of an organization.
What is considered normal business practice in one country may be considered unethical in other countries quizlet?What is considered normal business practice in one country may be considered unethical in other countries. In an international business setting, the most common ethical issues involve employment practices, human rights, environmental regulations, corruption, and the moral obligation of multinational companies.
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Which of the following in a business setting is taken to mean benevolent behavior that is the responsibility of successful enterprises quizlet?
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