Chapter 05 - Ethics in International BusinessEssay Questions101.(p. 124)What are business ethics? What is the relationship between business ethics and anethical strategy? Show
Get answer to your question and much more Difficulty: Easy102.(p. 124-13)What is considered normal practice in one country may be considered unethicalin others. Discuss. Get answer to your question and much more Difficulty: Hard103.(p. 125-126)Discuss how companies such as Exxon, Kodak and IBM helped improve humanrights in South Africa. Get answer to your question and much more 45)Which of the following enables managers to walk away from a decision that is prof-itable, but unethical?A)noblesse obligeB)moral courageC)the difference principleD)the Friedman doctrine 46)BP, one of the world’s largest oil companies, has made it part of the company policyto undertake “social investments” in the countries where it does business. There was noeconomic reason for BP to make this social investment, but the company believes it ismorally obligated to give something back to the societies that have made its success possi-ble. BP’s actions are an example of 47)The Friedman doctrine is the belief that ethics are nothing more than a reflection ofculture and therefore, a firm should adopt the ethics of the culture in which it is operating.
48)Expatriate managers may experience more than the usual degree of pressure to vio-late their personal ethics because of which of the following?Version 114 49)The Foreign Corrupt Practices Act was amended to allow “facilitating payments” tosecure contracts that would not otherwise be secured.⊚true⊚false 50)Identify the correct statement about the rights theories. 51)Why are expatriate managers at a greater risk of violating their personal code ofethics?Version 115 52)What is the term for a company’s formal statement of the ethical priorities it expectsall of its employees to follow? Recommended textbook solutions U.S. History1st EditionJohn Lund, Paul S. Vickery, P. Scott Corbett, Todd Pfannestiel, Volker Janssen 567 solutions Tonal Harmony, Workbook8th EditionByron Almen, Dorothy Payne, Stefan Kostka 1,387 solutions Ways of the World: A Global History3rd EditionRobert W. Strayer 232 solutions America's History for the AP Course9th EditionEric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self 961 solutions What are four determinants of ethical behavior?The individual factors that determine the ethical standards of a person are moral development, personal values, family influences, Peer Influences and Life experiences.
Which of the following refers to the values and norms that the employees of an organization share?A firm's organizational culture refers to the values and norms that are shared among employees of an organization.
Which approach to ethics holds that the moral worth of actions or practices is determined by their consequences?Consequentialism is an ethical theory that judges whether or not something is right by what its consequences are. For instance, most people would agree that lying is wrong.
Which step in the decision making process is often overlooked by companies?An often-overlooked but important step in the decision making process is evaluating your decision for effectiveness.
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Which of the following enables managers to walk away from a decision that is profitable?
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