Reference no: EM133104086
1. ________ are the accepted principles of right or wrong governing the conduct of business people.
A) Sustainable strategies
B) Business ethics
C) Moral worth of actions
D) Ethical strategies
2. International businesses cannot gain economic advantages by making payments to corrupt government officials.
True
False
3. Utilitarian philosophy takes into consideration the principle of justice.
True
False
4. According to ________, the social responsibility of business is to increase profits, so long as the company stays within the rules of law.
A) the naive immoralist
B) the righteous moralist
C) cultural relativism
D) the Friedman doctrine
5. ________ recognize that human beings have fundamental rights and privileges that transcend national boundaries and cultures.
A) Rights theories
B) Utilitarians
C) Cultural relativists
D) Kantian ethics
6. An individual with a strong sense of personal ethics is less likely to behave in an unethical manner in a business setting.
True
False
7. Business ethics that either deny the value of business ethics or apply the concept in a very unsatisfactory way are termed
A) straw man.
B) the Sullivan principles.
C) just distribution.
D) rights theories.
8. Ethical dilemmas are situations in which none of the available alternatives seems ethically acceptable.
True
False
9. Societal business ethics are divorced from personal ethics
True
False
10. The Foreign Corrupt Practices Act was amended to allow "facilitating payments" to secure contracts that would not otherwise be secured.
True
False
11. Josiah was managing a factory in Ecuador, and had a decision to make. The factory used child labor, which he disapproved of, but he knew the families of these children might starve without their income. This situation, in which none of the available alternatives seems morally acceptable, is called
A) an ethical dilemma.
B) noblesse oblige.
C) the tragedy of the commons.
D) the free rider problem.
12. 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.
A) cultural relativist
B) righteous moralist
C) utilitarian
D) naive immoralist
13. The ethical obligations of a multinational corporation toward employment conditions, human rights, environmental pollution, and the use of power are always clear-cut.
True
False
14. A firm's organizational culture refers to the values and norms that are shared among employees of an organization and those outside the organization.
True
False
15. Which of the following refers to the values and norms that the employees of an organization share?
A) vision statement
B) cultural relativism
C) organization culture
D) power orientation
16. The ________ approaches to ethics hold that the moral worth of actions or practices is determined by their consequences.
A) naive immoralist
B) cultural relativist
C) righteous moralist
D) utilitarian
17. Ethical dilemmas exist because many real-world decisions involve
A) first-, second-, and third-order consequences that are hard to quantify.
B) people from different cultures.
C) employers and employees.
D) people from different multinational firms.
18. The Friedman doctrine is the belief that ethics are nothing more than a reflection of culture and therefore, a firm should adopt the ethics of the culture in which it is operating.
True
False
19. The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes
A) bribes made to secure contracts that would otherwise not be secured.
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.
20. Corporations can contribute to the global tragedy of the commons by not pumping pollutants into the atmosphere or dumping them in oceans or rivers
True
False