Chapter 05 - Ethics in International BusinessEssay Questions101.(p. 124)What are business ethics? What is the relationship between business ethics and anethical strategy?
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Difficulty: Easy102.(p. 124-13)What is considered normal practice in one country may be considered unethicalin others. Discuss.
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Difficulty: Hard103.(p. 125-126)Discuss how companies such as Exxon, Kodak and IBM helped improve humanrights in South Africa.
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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?
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