Question 1

What kind of an organization culture should a business develop in order to foster ethical behavior?

Accepted Answer

To foster ethical behavior,businesses ne...

Question 2

Lugnow Inc.paid a sum of $76,000 to an official in the government of Nepotismia to ensure that the company obtained exclusive preferential treatment.The $76,000 can be classified as

Accepted Answer

A)  customs duties.
B)  excise taxes.
C)  speed money.
D)  bribe.
E)  repatriation fees.F) A) and C)
G) A) and E)

Question 3

After it was amended,the Foreign Corrupt Practices Act did not allow for "facilitating payments."

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

Utilitarian approaches to ethics hold th...

Question 5

Brain Wing Inc.has won the bid to build airplanes for a host country government.However,the execution of the contract has been delayed due to certain unproductive,bureaucratic procedures in the less developed nation.In order to legally overcome this problem,Brain Wing Inc.could resort to the payment of

Accepted Answer

A)  customs duties.
B)  excise taxes.
C)  expatriation taxes.
D)  speed money.
E)  repatriation fees.F) C) and E)
G) A) and E)

Question 6

The internal stakeholders of a company do not have an exchange relationship with the company.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is most likely to lead to unethical behavior in a business setting?

Accepted Answer

A)  a strong sense of personal ethics exhibited by employees
B)  expatriate managers working away from their ordinary social context and supporting culture
C)  providing managers with a moral compass or an ethical algorithm
D)  large business corporations making social investments in host countries
E)  multinational corporations advocating the concept of noblesse obligeF) B) and C)
G) B) and D)

Question 8

Under John Rawls's concept of the 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) All of the above
G) B) and E)

Question 9

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) B) and C)
G) All of the above

Question 10

Which of the following statements is true about the Sullivan principles?

Accepted Answer

A)  They were widely opposed by U.S.firms,such as General Motors,operating in South Africa.
B)  They promoted the abolition of apartheid laws.
C)  It has been argued that they led to the violation of human rights in South Africa.
D)  They were against the introduction of democratic elections in South Africa.
E)  Western businesses that followed them were considered unethical.F) B) and C)
G) C) and E)

Question 11

Which of the following statements is true of facilitating payments?

Accepted Answer

A)  According to the Foreign Corrupt Practices Act,"facilitating payments" are as illegal as bribes.
B)  Facilitating payments are payments to secure contracts that otherwise would not be secured.
C)  It is ethical to have a zero-tolerance approach toward facilitating payments.
D)  Companies are allowed to make facilitating payments only in developing countries.
E)  The concept of facilitating payments was introduced by the UN to put U.S.firms at a competitive disadvantage.F) A) and E)
G) A) and B)

Question 12

In a business setting,which of the following practices is most likely to be considered as unethical?

Accepted Answer

A)  allowing managers within a company to act in accordance with rights theories
B)  promoting employees who engage in ethical behavior and penalizing those who do not
C)  hiring independent auditors to ensure that subcontractors used by the company are living up to its code of conduct
D)  making sure that key business decisions make good economic sense irrespective of their social costs and risks
E)  informing prospective employees about the ethical climate in the organizationF) B) and E)
G) A) and B)

Question 13

Who asserted that the only social responsibility of business is to increase profits,so long as the company stays within the rules of law?

Accepted Answer

A)  Milton Friedman
B)  Leon Sullivan
C)  Karl Marx
D)  Immanuel Kant
E)  David HumeF) A) and E)
G) D) and E)

Question 14

According to Rawls,which of the following principles would be unanimously accepted by people under the veil of ignorance?

Accepted Answer

A)  People should be discriminated on the basis of cast and class.
B)  Inequalities in income and wealth distribution should not be justified under any condition.
C)  The political and economic freedom of people should be highly restricted in order to promote collective goals.
D)  Each person should be permitted the maximum amount of basic liberty that is compatible with a similar liberty for others.
E)  All property should be owned by the government and people should not have the freedom or right to hold personal property.F) All of the above
G) A) and B)

Question 15

Which of the following is detrimental to an ethical business setting?

Accepted Answer

A)  keeping in mind that each decision has a moral dimension
B)  encouraging leaders to demonstrate strong personal ethics
C)  operating in cultures which score high on masculinity and power distance measures
D)  setting realistic,achievable performance goals for employees
E)  frequently auditing the activities of expatriate managersF) D) and E)
G) A) and E)

Question 16

Straight Arrow unloaded two tankers worth of toxic waste at an important port in the country of Urithmea.A hundred workers worked two days in their shorts and sandals to unload the barrels from the tankers for $5 a day.They were not told about the content of the barrels.Some observers felt that it was the obligation of not just the government of Urithmea but also of Straight Arrow to ensure that no harm was done to the workers.These observers are most likely

Accepted Answer

A)  justice theorists.
B)  cultural relativists.
C)  naïve immoralists.
D)  rights theorists.
E)  utilitarianists.F) A) and C)
G) D) and E)

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 B)
G) A) and C)

Question 18

In a business setting,the term noblesse oblige refers to

Accepted Answer

A)  a benevolent behavior that is considered the responsibility of successful enterprises.
B)  obliging a government official with the expectation of a reciprocal favor.
C)  rich corporations abusing their power for private gain.
D)  preferential treatment received by successful companies from governments.
E)  tax exemptions that are given only to local companies but not to foreign companies.F) A) and C)
G) D) and E)

Question 19

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 B)
G) A) and C)

Question 20

Which of the following is most likely to be considered unethical?

Accepted Answer

A)  Galaxy Inc.ceased its operations in some developing nations on account of low employment standards in those countries.
B)  Unicorn Inc.sells its medicines at a lower price in less developed nations.
C)  Capricorn Inc.,a multinational company operating in developing nations,pays its labor 30 percent more than what the local competitors pay.
D)  Centaur Inc.had to close down a production plant as the local management there had employed child labor.
E)  Orion Inc.sends its waste products for disposal to a developing nation because the pollution control laws in its home country are more strict than those in the developing nation.F) A) and E)
G) A) and B)

Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

Which of the following statements is true of facilitating payments?

Correct Answer
verified

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

Correct Answer
verified

Who asserted that the only social responsibility of business is to increase profits,so long as the company stays within the rules of law?

Correct Answer
verified

Correct Answer
verified

Which of the following is detrimental to an ethical business setting?

Correct Answer
verified

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 Answer
verified

Which of the following is most likely to be considered unethical?

Correct Answer
verified

After it was amended,the Foreign Corrupt Practices Act did not allow for "facilitating payments."

Correct Answer
verified

Lugnow Inc.paid a sum of $76,000 to an official in the government of Nepotismia to ensure that the company obtained exclusive preferential treatment.The $76,000 can be classified as

Correct Answer
verified

Which of the following statements is true about the Sullivan principles?

Correct Answer
verified

In a business setting,which of the following practices is most likely to be considered as unethical?

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

In a business setting,the term noblesse oblige refers to

Correct Answer
verified

Which of the following is most likely to lead to unethical behavior in a business setting?

Correct Answer
verified

According to Rawls,which of the following principles would be unanimously accepted by people under the veil of ignorance?

Correct Answer
verified

Correct Answer
verified

A righteous moralist is most likely to claim that

Correct Answer
verified

The internal stakeholders of a company do not have an exchange relationship with the company.

Correct Answer
verified

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

Correct Answer
verified

What kind of an organization culture should a business develop in order to foster ethical behavior?

Correct Answer
verified
To foster ethical behavior,businesses ne...
View Answer

Exam 5: Ethics, Corporate Social Responsibility, and Sustainability

Which of the following statements is true of facilitating payments?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Who asserted that the only social responsibility of business is to increase profits,so long as the company stays within the rules of law?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following is detrimental to an ethical business setting?

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 is most likely to be considered unethical?

Correct AnswerverifiedShow Answer

After it was amended,the Foreign Corrupt Practices Act did not allow for "facilitating payments."

Correct AnswerverifiedShow Answer

Lugnow Inc.paid a sum of $76,000 to an official in the government of Nepotismia to ensure that the company obtained exclusive preferential treatment.The $76,000 can be classified as

Correct AnswerverifiedShow Answer

Which of the following statements is true about the Sullivan principles?

Correct AnswerverifiedShow Answer

In a business setting,which of the following practices is most likely to be considered as unethical?

Correct AnswerverifiedShow Answer

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

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

In a business setting,the term noblesse oblige refers to

Correct AnswerverifiedShow Answer

Which of the following is most likely to lead to unethical behavior in a business setting?

Correct AnswerverifiedShow Answer

According to Rawls,which of the following principles would be unanimously accepted by people under the veil of ignorance?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

A righteous moralist is most likely to claim that

Correct AnswerverifiedShow Answer

The internal stakeholders of a company do not have an exchange relationship with the company.

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

What kind of an organization culture should a business develop in order to foster ethical behavior?

Correct AnswerverifiedTo foster ethical behavior,businesses ne...View AnswerShow Answer

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

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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To foster ethical behavior,businesses ne...
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