Exam 10: Ethical Issues in the Global Arena.

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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Transparency International has sought to fight world corruption. Reflect on the meaning of their five priorities and two principles.

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TI has defined five priorities in its fight against worldwide corruption. These include fighting corruption in (1) the private sector, (2) politics, (3) public contracting, (4) international anti-corruption conventions, and (5) poverty and development. It maintains over 100 national chapters run by local activists.i TI has established two simple principles for businesses striving to root out corruption: The enterprise shall prohibit bribery in any form whether direct or indirect and The enterprise shall commit to implementing a Program to counter bribery. TI has sought to fight corruption in consumers, government, association with government, integration from an international standpoint, and associations of use of average citizenry for development purposes. Student answers will vary in their reflection beyond this.

Most of the ethical problems that arise in international markets are very different than the moral issues encountered in their home countries.

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All of the following are proposed standards for the SA8000 program, to improve sweatshop conditions, except

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C

Arguments in favor of bribery include

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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Make a case for paying premium wages to workers in less-developed countries.

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Current standards for SA800 include all the following except

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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -One reason that some observers give for the cause of the Union Carbide Bhopal incident is that the company was forced to take on local partners in the project, thus diluting Union Carbide's profit motive. Assuming this argument is valid, evaluate it from a deontological perspective.

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The Alien Tort Claims Act applies to:

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International markets must be pursued if firms want to remain

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Provide a short answer to each of these questions. Be sure to fully explain your answer. -Discuss the previous assumption that global trade would expand continually, the effect of the global economic crisis, and the implications of those events.

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Peter Drucker has labeled the expanded global marketplace the

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Growth of global business as a critical element in the world economy is known as:

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The FCPA has had a significant impact on the way American firms do business globally.

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Grease payments are all of following except

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All of the following are arguments in support of bribery except

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One of the fortunate things about ethical issues in the global market is that they do not affect domestic operations.

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The position that advocates that an MNC should continue to follow its home country's ethical standards even while operating in another country is known as

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Which of the following is not part of the anticorruption movement?

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Which of the following is not an argument commonly used against bribery?

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The Nestlé infant formula case is one in which a normal business practice in the firm's home country proved to be problematic in the host countries.

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