Exam 19: Social Responsibility and Corruption in the Global Marketplace

A lack of public disclosure of financial information is a good example of one of the many factors involved with high corruption levels.

While ethical issues have been on the radar screen of MNEs corruption was often an issue talked about.

Janet visited China recently and decided to bring a suitcase filled with imitated brand name shoes to sell in the United States without declaring them at the customs. This is an example of

Thailand, Zimbabwe, and Poland are a few examples of the many governments establishing independent commissions against corruption.

________________diminishes national control over trade policies.

Philanthropic responsibilities reflect expectations that business will engage in social activities that are neither mandated by law nor generally expected of business in an ethical sense.

MNEs should not refrain from improper or illegal involvement in local political affairs.

Global business ethics are essentially about the reconciliation of home- and host-country ethical standards and the identification of norms that will satisfy both.

______________involves concealing the source of ill-gotten funds.

Smuggling diminishes national control over trade policies.

The Shell Company was heavily criticized for its attempt to dump a trash barge in the North Sea.

Global payment systems that place priority on speed of transaction rather than knowing whether the electronic money transfers are legal is an example of a practice that encourages_________________.

Producing and selling a fake Gucci bag or Rolex watch are examples of piracy.

The Corruption Perception Index (CPI) is an example of one way to estimate corruption based on multiple survey responses.

Which of the following is not a component of ISO 14000?

Which of the following is incorrect?

Piracy and counterfeiting are not the same.

An example of a country with increased probability of corruption is ______________.

Communications, infrastructure, energy, and transportation are examples of areas prone to _____________________.

Corporate social responsibility encompasses the economic, legal, ethical and philanthropic, or discretionary expectations that society has of an organization at a given point of time.