Reference no: EM133149274

1.  Define: Ethics:

Ethical behaviour:

2.  Is there a difference between legal behaviour and ethical behaviour?  Explain (use an example).

3. a) Define Values:

b) how are "ethics" different from "values"

5.  Briefly describe each of the alternative views of ethical behaviour: 

Utilitarian view: 

Individualism view:  

Moral-rights view: 

Justice view:

Procedural justice -  

Distributive justice - 

Interactional justice -

6.  What is the difference between "cultural relativism" and "universalism"?

7. Identify how international businesses can respect the following universal values:

Respect human dignity:

Respect basic rights: 

Be good citizens:

8. What is an ethical dilemma?

10.  What is ethics training and how can it help organizations?

11. What is a whistleblower?

12.  What is whistleblower protection?

13.  What is a code of ethics and what is it designed to do?

14.  Define the following terms:

Corporate social responsibility:

Organizational stakeholders:

15.  Briefly describe each of the following perspectives on social responsibility.

• Classical view 
• Socioeconomic view 

16.  The arguments of the classical view "against" social responsibility and the arguments of the socioeconomic view "in favour of" social responsibility are summarized below. Place each term in the correct column.

• Businesses have the resources and ethical obligation to act responsibly.
• Improve public image of businesses. 
• Reduced business profits.
• Help businesses to avoid more governmental regulation.
• Dilution of business purpose.
• Too much social power for businesses.
• Higher business costs.
• Will add long-run profits for businesses.
• Lack of business accountability to the public.

Classical view AGAINST Social Responsibility (Milton Friedman et al)	Socioeconomic view IN FAVOUR OF Social Responsibility (Paul Samuelson et al)

17.  Social performance is said to be driven by either compliance or conviction.  Explain.

18. Briefly describe these strategies.

• Obstructionist strategy.
• Defensive strategy.
• Accommodative strategy 
• Proactive strategy   

19. What is the function of corporate governance?