Question 1

Ethical relativism

Accepted Answer

A) Argues that one should impose the home country's ethical system everywhere. 
B) Implies that ethics are relative to the type of philosophy used. 
C) Means that each society's view of ethics must be considered legitimate. 
D) Means that the same ethical principles are universal. 
A) Argues that one should impose the home country's ethical system everywhere. 
B) Implies that ethics are relative to the type of philosophy used. 
C) Means that each society's view of ethics must be considered legitimate. 
D) Means that the same ethical principles are universal.

Question 2

Ethical convergence

Accepted Answer

A) Is similar to ethical relativism. 
B) Refers to basic universal moral principles. 
C) Is a form of ethical universalism. 
D) Refers to the growing pressures for multinational companies to follow the same rules in managing ethical behavior and social responsibility. 
A) Is similar to ethical relativism. 
B) Refers to basic universal moral principles. 
C) Is a form of ethical universalism. 
D) Refers to the growing pressures for multinational companies to follow the same rules in managing ethical behavior and social responsibility.

Question 3

Ethical decision making of multinational managers preferably should

Accepted Answer

A) Be based solely on home country ethical principles. 
B) Go beyond legal constraints and respect the local cultural norms. 
C) Be primarily profitable for the multinational. 
D) None of the above 
A) Be based solely on home country ethical principles. 
B) Go beyond legal constraints and respect the local cultural norms. 
C) Be primarily profitable for the multinational. 
D) None of the above

Question 4

Which of the following statements is NOT TRUE regarding social responsibility?

Accepted Answer

A) Social responsibility is not linked with business ethics. 
B) Refers to the idea that businesses have certain responsibilities to society beyond making profits. 
C) Means that a company has to take into consideration various stakeholders when making decisions. 
D) Is concerned with the ethical consequences of policies and procedures of the company as an organization. 
A) Social responsibility is not linked with business ethics. 
B) Refers to the idea that businesses have certain responsibilities to society beyond making profits. 
C) Means that a company has to take into consideration various stakeholders when making decisions. 
D) Is concerned with the ethical consequences of policies and procedures of the company as an organization.

Question 5

Do laws always reflect a community's ethics? Give an example to explain your answer.

Accepted Answer

Students should answer no to this questi

Question 6

Which of the following ethical dilemmas is addressed by the Sarbanes Oxley Act?

Accepted Answer

A) Competition 
B) Auditor responsibility and independence 
C) Sourcing of cheap labor 
D) Company strategy 
A) Competition 
B) Auditor responsibility and independence 
C) Sourcing of cheap labor 
D) Company strategy

Question 7

Ethical dilemmas are usually

Accepted Answer

A) Easy to resolve. 
B) Clear and unambiguous. 
C) Unclear and ambiguous. 
D) Removed with a formal code of ethics. 
A) Easy to resolve. 
B) Clear and unambiguous. 
C) Unclear and ambiguous. 
D) Removed with a formal code of ethics.

Question 8

Compare and contrast ethical relativism and ethical universalism.What are some of the dangers of adopting either ethical relativism or ethical universalism when making decisions?

Accepted Answer

Answers will vary.Students' answers shou

Question 9

According to the FCPA,U.S.managers are criminally liable

Accepted Answer

A) Only for bribes that they pay directly to a foreign official. 
B) Only for bribes paid in the U.S.and not in other countries where it is common practice in business dealings. 
C) For all bribes by employees or agents of the U.S.company even if the U.S.managers do not know about them. 
D) For bribes paid by foreign agents, if managers know about them. 
A) Only for bribes that they pay directly to a foreign official. 
B) Only for bribes paid in the U.S.and not in other countries where it is common practice in business dealings. 
C) For all bribes by employees or agents of the U.S.company even if the U.S.managers do not know about them. 
D) For bribes paid by foreign agents, if managers know about them.

Ethical relativism

Ethical convergence

Ethical decision making of multinational managers preferably should

Which of the following statements is NOT TRUE regarding social responsibility?

Do laws always reflect a community's ethics? Give an example to explain your answer.

Which of the following ethical dilemmas is addressed by the Sarbanes Oxley Act?

Ethical dilemmas are usually

Compare and contrast ethical relativism and ethical universalism.What are some of the dangers of adopting either ethical relativism or ethical universalism when making decisions?

According to the FCPA,U.S.managers are criminally liable

Multinational Management in a Changing World

Culture and Multinational Management

The Institutional Context of Multinational Management

Strategic Management in the Multinational Company: Content and Formulation

Multinational and Entry-Mode Strategies: Content and Formulation

Small Businesses and International Entrepreneurship

Organizational Design for Multinational Companies

International Strategic Alliances: Management and Design

Multinational E-Commerce: Strategies and Structures

International Human Resource Management

Hrm in the Local Context: Knowing When and How to Adapt

International Negotiation and Cross-Cultural Communication

Motivation in Multinational Companies

Leadership and Management Behavior in Multinational Companies

Filters

Exam 4: Managing Ethical and Social Responsibility Challenges in Multinational Companies

Ethical relativism

Ethical convergence

Ethical decision making of multinational managers preferably should

Which of the following statements is NOT TRUE regarding social responsibility?

Do laws always reflect a community's ethics? Give an example to explain your answer.

Which of the following ethical dilemmas is addressed by the Sarbanes Oxley Act?

Ethical dilemmas are usually

Compare and contrast ethical relativism and ethical universalism.What are some of the dangers of adopting either ethical relativism or ethical universalism when making decisions?

According to the FCPA,U.S.managers are criminally liable

Multinational Management in a Changing World

Culture and Multinational Management

The Institutional Context of Multinational Management

Strategic Management in the Multinational Company: Content and Formulation

Multinational and Entry-Mode Strategies: Content and Formulation

Small Businesses and International Entrepreneurship

Organizational Design for Multinational Companies

International Strategic Alliances: Management and Design

Multinational E-Commerce: Strategies and Structures

International Human Resource Management

Hrm in the Local Context: Knowing When and How to Adapt

International Negotiation and Cross-Cultural Communication

Motivation in Multinational Companies

Leadership and Management Behavior in Multinational Companies

Filters