Exam 1: Introducing Business

Match the different regions to their approach towards business ethics -Latin America

Match the different types of organization with their different approaches to managing ethics. -Small business

What of the following does the term of sustainability typically denote? Please select all that apply.

Which of the following statements regarding morality and ethics are correct? 1) Morality is concerned with norms, values and beliefs embedded in social processes 2) Ethics define what is right and wrong for an individual or community 3) Morality is concerned with the study of ethics and the application of reason to elucidate specific rules and principles 4) Ethical theories are the codification of rules and principles

Match the different regions to their approach towards business ethics -Europe

The on-going integration of political, social and economic interactions at the transnational level, regardless of physical proximity or distance, is often called _______.

Which of the following statements regarding stakeholder management approaches are incorrect? 1)North American corporations tend to be smaller than their European counterparts and focus more on multiple stakeholders 2)European, African and Asian models of capitalism tend to not be so dominated by shareholder value maximization compared to the North American approach 3)North American companies and often managed by large executive and supervisory boards 4)The Calvinist-Protestant religious tradition in Europe led to the rise of a distinctly different capitalist economic system.

Match the different types of organization with their different approaches to managing ethics. -Large corporation

Match the different types of organization with their different approaches to managing ethics. -Civil society organization

The collective action problem where multiple firms chase elusive advantage in exploiting employees, degrading the environment, and pressuring developing countries to weaken regulation and lower tax rates is often called _______.

There are clear regional differences in business ethics. Read the following statements carefully and decide which of the following is correct.

Crane et al point out that inequality has become a major concern. Which is not a commonly discussed way in which firms may be part of the solution?

The key issue in the social perspective on sustainability is that of social justice.

Match the different regions to their approach towards business ethics -North America

According to Crane et al, globalization as defined in terms of the deterritorialization of economic activities is particularly relevant for business ethics, and this is evident in three areas - culture, law, and ______________.

An information and mobile technology company might call itself ethical because it... Please select all that apply.

Issues relating to business ethics often lead to _______ conflict, where there may simply not be a(n) _______ correct answer. Therefore, it may not just be a case of deciding between right and wrong but often at an individual level it involves deciding between different courses of action that different _______ both believe to be right or wrong.

Match the different types of organization with their different approaches to managing ethics. -Public sector organization

Which of the three following factors characterise public sector organisations engagement with ethical issues?

The following sentence describes the relationship between morality, ethics and ethical theory. Fill in the missing word. Ethics rationalizes morality to produce ethical _______ that can be applied to any situation.