Question 1

Firms with strong environmental interests are most likely to ________.

Accepted Answer

A) provide employees educational opportunities 
B) encourage the use of sweatshops 
C) optimize diversity in hiring 
D) minimize pollutants in manufacturing 
A) provide employees educational opportunities 
B) encourage the use of sweatshops 
C) optimize diversity in hiring 
D) minimize pollutants in manufacturing D

Question 2

Corporate codes of conduct emphasize standards related to ethics and social responsibilities.

Accepted Answer

A) True 
 B)False  True

Question 3

________ refers to the system of procedures and processes by which corporations are managed, directed, and controlled.

Accepted Answer

A) Corporate governance 
B) Deceptive marketing 
C) Global sourcing 
D) Corporate social responsibility 
A) Corporate governance 
B) Deceptive marketing 
C) Global sourcing 
D) Corporate social responsibility A

Question 4

Explain the five different approaches to examining ethical problems. What are the difficulties that are likely to arise while using these approaches?

Accepted Answer

Scholars have devised five standards tha

Question 5

In terms of CSR and sustainability, going wide implies ________.

Accepted Answer

A) a continuous effort to understand how CSR and sustainability affect every aspect of the firm's operations worldwide 
B) institutionalizing appropriate behavior into the organization's culture so it becomes part and parcel of strategy 
C) encouraging unstructured learning among employees 
D) a sustained effort to reduce control mechanisms throughout the organization 
A) a continuous effort to understand how CSR and sustainability affect every aspect of the firm's operations worldwide 
B) institutionalizing appropriate behavior into the organization's culture so it becomes part and parcel of strategy 
C) encouraging unstructured learning among employees 
D) a sustained effort to reduce control mechanisms throughout the organization

Question 6

The process of reproducing assets without compensating those who originally created them is known as ________.

Accepted Answer

A) counterfeiting 
B) bribery 
C) product differentiation 
D) trademarking 
A) counterfeiting 
B) bribery 
C) product differentiation 
D) trademarking

Question 7

Creating alternatives is the last step of the framework for arriving at ethical decisions.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following grants protections to the creators of art, music, books, software, movies, and TV shows?

Accepted Answer

A) patent 
B) trademark 
C) copyright 
D) domain registration 
A) patent 
B) trademark 
C) copyright 
D) domain registration

Question 9

In order to be effective, a corporate code of ethics should be designed to function like a ________.

Accepted Answer

A) business white paper 
B) moral compass 
C) project plan 
D) political treatise 
A) business white paper 
B) moral compass 
C) project plan 
D) political treatise

Question 10

Scholars examining ethics from the perspective of relativism hold that ethical truths are absolute.

Accepted Answer

A) True 
 B)False

Question 11

Corporate social responsibility represents the base of the pyramid of ethical behavior.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following refers to a typical CSR value?

Accepted Answer

A) increasing profits 
B) upholding market monopolies 
C) engaging in philanthropy 
D) sustaining sweatshops 
A) increasing profits 
B) upholding market monopolies 
C) engaging in philanthropy 
D) sustaining sweatshops

Question 13

Which of the following, if true, implies that Freedom has a strong social interest?

Accepted Answer

A) The top management of Freedom actively engages in positively contributing to the disadvantaged communities in the society. 
B) According to Freedom, a firm that fails to institute a green purchasing policy in sourcing its inputs is more likely than not to fail in the long run. 
C) Freedom considers that the key to success for MNCs lie in their ability to tap resources effectively and at a lower cost. 
D) Despite the overseas vendor's effectiveness, Freedom decides not to enter into a contract with it because according to Freedom, tolerating sweatshop conditions is unethical. 
A) The top management of Freedom actively engages in positively contributing to the disadvantaged communities in the society. 
B) According to Freedom, a firm that fails to institute a green purchasing policy in sourcing its inputs is more likely than not to fail in the long run. 
C) Freedom considers that the key to success for MNCs lie in their ability to tap resources effectively and at a lower cost. 
D) Despite the overseas vendor's effectiveness, Freedom decides not to enter into a contract with it because according to Freedom, tolerating sweatshop conditions is unethical.

Question 14

________ means meeting humanity's needs without harming the ability of future generations to meet their needs.

Accepted Answer

A) Sustainability 
B) Corporate social responsibility 
C) Ethical behavior 
D) Casuistry 
A) Sustainability 
B) Corporate social responsibility 
C) Ethical behavior 
D) Casuistry

Question 15

Relying on one's instincts is often the best way to identify an ethical problem.

Accepted Answer

A) True 
 B)False

Question 16

When applying the five-step framework for making ethical decisions, managers should, at first, ________.

Accepted Answer

A) evaluate alternatives 
B) examine the facts 
C) recognize the ethical problem 
D) implement a decision 
A) evaluate alternatives 
B) examine the facts 
C) recognize the ethical problem 
D) implement a decision

Question 17

In a short essay, explain the five-step framework for making ethical decisions.

Accepted Answer

The five-step framework for making ethic

Question 18

Standards of ethical behavior are uniform worldwide.

Accepted Answer

A) True 
 B)False

Question 19

________ is most likely to point to a controversial practice in his/her country in which the compensation of top executives is far greater than that of low-ranking subordinates.

Accepted Answer

A) Geoff 
B) Luis 
C) Jang 
D) Marta 
A) Geoff 
B) Luis 
C) Jang 
D) Marta

Question 20

Failure to adopt CSR behaviors can have high detrimental effects on a company.

Accepted Answer

A) True 
 B)False

Firms with strong environmental interests are most likely to ________.

Corporate codes of conduct emphasize standards related to ethics and social responsibilities.

________ refers to the system of procedures and processes by which corporations are managed, directed, and controlled.

Explain the five different approaches to examining ethical problems. What are the difficulties that are likely to arise while using these approaches?

In terms of CSR and sustainability, going wide implies ________.

The process of reproducing assets without compensating those who originally created them is known as ________.

Creating alternatives is the last step of the framework for arriving at ethical decisions.

Which of the following grants protections to the creators of art, music, books, software, movies, and TV shows?

In order to be effective, a corporate code of ethics should be designed to function like a ________.

Scholars examining ethics from the perspective of relativism hold that ethical truths are absolute.

Corporate social responsibility represents the base of the pyramid of ethical behavior.

Which of the following refers to a typical CSR value?

Which of the following, if true, implies that Freedom has a strong social interest?

________ means meeting humanity's needs without harming the ability of future generations to meet their needs.

Relying on one's instincts is often the best way to identify an ethical problem.

When applying the five-step framework for making ethical decisions, managers should, at first, ________.

In a short essay, explain the five-step framework for making ethical decisions.

Standards of ethical behavior are uniform worldwide.

________ is most likely to point to a controversial practice in his/her country in which the compensation of top executives is far greater than that of low-ranking subordinates.

Failure to adopt CSR behaviors can have high detrimental effects on a company.

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

The Cultural Environment of International Business

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention and Regional Economic Integration

Understanding Emerging Markets

The International Monetary and Financial Environment

Financial Management and Accounting in the Global Firm

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Exporting and Global Sourcing

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Marketing in the Global Firm

Human Resource Management in the Global Firm

Filters

Exam 4: Ethics, Corporate Social Responsibility, Sustainability and Corporate Governance

Firms with strong environmental interests are most likely to ________.

Corporate codes of conduct emphasize standards related to ethics and social responsibilities.

________ refers to the system of procedures and processes by which corporations are managed, directed, and controlled.

Explain the five different approaches to examining ethical problems. What are the difficulties that are likely to arise while using these approaches?

In terms of CSR and sustainability, going wide implies ________.

The process of reproducing assets without compensating those who originally created them is known as ________.

Creating alternatives is the last step of the framework for arriving at ethical decisions.

Which of the following grants protections to the creators of art, music, books, software, movies, and TV shows?

In order to be effective, a corporate code of ethics should be designed to function like a ________.

Scholars examining ethics from the perspective of relativism hold that ethical truths are absolute.

Corporate social responsibility represents the base of the pyramid of ethical behavior.

Which of the following refers to a typical CSR value?

Which of the following, if true, implies that Freedom has a strong social interest?

________ means meeting humanity's needs without harming the ability of future generations to meet their needs.

Relying on one's instincts is often the best way to identify an ethical problem.

When applying the five-step framework for making ethical decisions, managers should, at first, ________.

In a short essay, explain the five-step framework for making ethical decisions.

Standards of ethical behavior are uniform worldwide.

________ is most likely to point to a controversial practice in his/her country in which the compensation of top executives is far greater than that of low-ranking subordinates.

Failure to adopt CSR behaviors can have high detrimental effects on a company.

Introduction: What Is International Business

Globalization of Markets and the Internationalization of the Firm

The Cultural Environment of International Business

Theories of International Trade and Investment

Political and Legal Systems in National Environments

Government Intervention and Regional Economic Integration

Understanding Emerging Markets

The International Monetary and Financial Environment

Financial Management and Accounting in the Global Firm

Strategy and Organization in the International Firm

Global Market Opportunity Assessment

Exporting and Global Sourcing

Foreign Direct Investment and Collaborative Ventures

Licensing, Franchising, and Other Contractual Strategies

Marketing in the Global Firm

Human Resource Management in the Global Firm

Filters