Question 1

Explain why the argument that "anything that is legal is ethical" is insufficient.

Accepted Answer

a.The law is not appropriate for regulat

Question 2

Stockholders are typically more interested in corporate social responsibility than in earning profits.

Accepted Answer

A) True 
 B)False

Question 3

The 1997 Kyoto Protocol is best described as an agreement that requires ________.

Accepted Answer

A) all members of the United Nations to reduce their greenhouse gas emissions by 5.2 percent 
B) the United States and Japan to control greenhouse gas emissions by 8% below 1995 levels 
C) the signatory countries to cut greenhouse gas emissions to 5.2 percent below 1990 levels 
D) the signatory countries to reduce greenhouse gas emissions by 80% by 2050 
A) all members of the United Nations to reduce their greenhouse gas emissions by 5.2 percent 
B) the United States and Japan to control greenhouse gas emissions by 8% below 1995 levels 
C) the signatory countries to cut greenhouse gas emissions to 5.2 percent below 1990 levels 
D) the signatory countries to reduce greenhouse gas emissions by 80% by 2050

Question 4

According to the Ethical Trading Initiative, child labor cannot be used unless there are no suitable alternatives for employees.

Accepted Answer

A) True 
 B)False

Question 5

Which stakeholder group primarily wants additional sales and increased productivity?

Accepted Answer

A) customers 
B) shareholders 
C) society at large 
D) government 
A) customers 
B) shareholders 
C) society at large 
D) government

Question 6

Monique has recently been hired as an accounts supervisor at Ballston Enterprises.She wants to understand Ballston's values and its expectations for employee behavior.Which of the following would most likely provide Monique with this information?

Accepted Answer

A) mission statement 
B) code of conduct 
C) vision statement 
D) employee contract 
A) mission statement 
B) code of conduct 
C) vision statement 
D) employee contract

Question 7

Which of the following statements about GE and its "Green is Green" movement is true?

Accepted Answer

A) GE is responding in part to the fact that it is operating in many countries which require compliance with higher environmental standards than exist in the United States. 
B) GE has decided to develop new products that are environmentally friendly rather than adopt internal policies to reduce greenhouse gas emissions. 
C) GE has moved aggressively to reduce greenhouse gas usage internally but has not been able to develop commercially viable "clean" technologies. 
D) GE considered joining the U.S. Climate Action Partnership but decided the group was too radical in its approach to reducing greenhouse gas emissions. 
A) GE is responding in part to the fact that it is operating in many countries which require compliance with higher environmental standards than exist in the United States. 
B) GE has decided to develop new products that are environmentally friendly rather than adopt internal policies to reduce greenhouse gas emissions. 
C) GE has moved aggressively to reduce greenhouse gas usage internally but has not been able to develop commercially viable "clean" technologies. 
D) GE considered joining the U.S. Climate Action Partnership but decided the group was too radical in its approach to reducing greenhouse gas emissions.

Question 8

In the long run, MNEs must adequately meet the needs of all stakeholders in order to prosper and survive.

Accepted Answer

A) True 
 B)False

Question 9

Which of the labor issues identified by the Ethical Trading Initiative (ETI)receives the most attention?

Accepted Answer

A) safe and hygienic working conditions 
B) reasonable living wages 
C) inhumane treatment 
D) child labor 
A) safe and hygienic working conditions 
B) reasonable living wages 
C) inhumane treatment 
D) child labor

Question 10

The saying "When in Rome, do as the Romans do" applies to the ________ approach.

Accepted Answer

A) teleological 
B) relativism 
C) normativism 
D) deontological 
A) teleological 
B) relativism 
C) normativism 
D) deontological

Question 11

________ is one of the primary business objectives for pursuing ethical behavior.

Accepted Answer

A) Replacing home-country technology with host-country technology 
B) Minimizing federal investigations into corporate finances 
C) Avoiding being perceived as a socially irresponsible firm 
D) Imposing home-country behavior on the host country 
A) Replacing home-country technology with host-country technology 
B) Minimizing federal investigations into corporate finances 
C) Avoiding being perceived as a socially irresponsible firm 
D) Imposing home-country behavior on the host country

Question 12

A 1977 U.S.law that outlaws bribery payments by U.S.firms to foreign government officials is known as the ________.

Accepted Answer

A) Anti-Bribery Act of 2004 
B) Foreign Corrupt Practices Act 
C) Zero Tolerance Initiative 
D) Sarbanes-Oxley Act 
A) Anti-Bribery Act of 2004 
B) Foreign Corrupt Practices Act 
C) Zero Tolerance Initiative 
D) Sarbanes-Oxley Act

Question 13

The belief that there are universal standards of behavior that all cultures should follow is called ________.

Accepted Answer

A) humanism 
B) relativism 
C) normativism 
D) naturalism 
A) humanism 
B) relativism 
C) normativism 
D) naturalism

Question 14

The issues that are the foundation of the Ethical Trading Initiative (ETI)include all of the following EXCEPT ________.

Accepted Answer

A) employment is freely chosen 
B) working conditions are safe and hygienic 
C) child labor shall not be used 
D) workers receive hourly wages that are consistent around the world 
A) employment is freely chosen 
B) working conditions are safe and hygienic 
C) child labor shall not be used 
D) workers receive hourly wages that are consistent around the world

Question 15

Encouraging ethical behavior for the purpose of developing competitive advantages will most likely result in all of the following for a firm EXCEPT ________.

Accepted Answer

A) strategic accomplishment 
B) consumer commitment 
C) industry resolutions 
D) financial success 
A) strategic accomplishment 
B) consumer commitment 
C) industry resolutions 
D) financial success

Question 16

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as ________.

Accepted Answer

A) competitive advantage 
B) the Kyoto Protocol 
C) sustainability 
D) externality 
A) competitive advantage 
B) the Kyoto Protocol 
C) sustainability 
D) externality

Question 17

Which of the following is NOT one of the issues surrounding high levels of bribery and corruption?

Accepted Answer

A) high poverty rates 
B) regional conflict 
C) political unrest 
D) high per capita income 
A) high poverty rates 
B) regional conflict 
C) political unrest 
D) high per capita income

Question 18

The OECD Convention against bribery is an example of a(n)________.

Accepted Answer

A) bilateral agreement developed for the EU 
B) agreement that targets the demand side of bribery 
C) agreement that targets the supply side of bribery 
D) UN Convention dominated by developing countries 
A) bilateral agreement developed for the EU 
B) agreement that targets the demand side of bribery 
C) agreement that targets the supply side of bribery 
D) UN Convention dominated by developing countries

Question 19

How has the Kyoto Protocol affected U.S.companies operating in Europe?

Accepted Answer

A) U.S. companies are changing the way they do business in order to comply with new emissions standards in Europe. 
B) The Kyoto Protocol has not affected U.S. companies with subsidiaries in Europe because the U.S. has not signed the Kyoto Protocol. 
C) Before U.S. companies can open any more European subsidiaries, the U.S. government must sign the Kyoto Protocol. 
D) Because the United States is not a party to the Kyoto Protocol, U.S. companies may not operate in European countries that have signed the Kyoto Protocol. 
A) U.S. companies are changing the way they do business in order to comply with new emissions standards in Europe. 
B) The Kyoto Protocol has not affected U.S. companies with subsidiaries in Europe because the U.S. has not signed the Kyoto Protocol. 
C) Before U.S. companies can open any more European subsidiaries, the U.S. government must sign the Kyoto Protocol. 
D) Because the United States is not a party to the Kyoto Protocol, U.S. companies may not operate in European countries that have signed the Kyoto Protocol.

Question 20

The creation of a code of conduct includes steps such as establishing a global policy, communicating the code to employees, ensuring that the policies are followed, and reporting results to external stakeholders.

Accepted Answer

A) True 
 B)False

Explain why the argument that "anything that is legal is ethical" is insufficient.

Stockholders are typically more interested in corporate social responsibility than in earning profits.

The 1997 Kyoto Protocol is best described as an agreement that requires ________.

According to the Ethical Trading Initiative, child labor cannot be used unless there are no suitable alternatives for employees.

Which stakeholder group primarily wants additional sales and increased productivity?

Monique has recently been hired as an accounts supervisor at Ballston Enterprises.She wants to understand Ballston's values and its expectations for employee behavior.Which of the following would most likely provide Monique with this information?

Which of the following statements about GE and its "Green is Green" movement is true?

In the long run, MNEs must adequately meet the needs of all stakeholders in order to prosper and survive.

Which of the labor issues identified by the Ethical Trading Initiative (ETI)receives the most attention?

The saying "When in Rome, do as the Romans do" applies to the ________ approach.

________ is one of the primary business objectives for pursuing ethical behavior.

A 1977 U.S.law that outlaws bribery payments by U.S.firms to foreign government officials is known as the ________.

The belief that there are universal standards of behavior that all cultures should follow is called ________.

The issues that are the foundation of the Ethical Trading Initiative (ETI)include all of the following EXCEPT ________.

Encouraging ethical behavior for the purpose of developing competitive advantages will most likely result in all of the following for a firm EXCEPT ________.

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as ________.

Which of the following is NOT one of the issues surrounding high levels of bribery and corruption?

The OECD Convention against bribery is an example of a(n)________.

How has the Kyoto Protocol affected U.S.companies operating in Europe?

The creation of a code of conduct includes steps such as establishing a global policy, communicating the code to employees, ensuring that the policies are followed, and reporting results to external stakeholders.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters

Exam 5: Globalization and Society

Explain why the argument that "anything that is legal is ethical" is insufficient.

Stockholders are typically more interested in corporate social responsibility than in earning profits.

The 1997 Kyoto Protocol is best described as an agreement that requires ________.

According to the Ethical Trading Initiative, child labor cannot be used unless there are no suitable alternatives for employees.

Which stakeholder group primarily wants additional sales and increased productivity?

Monique has recently been hired as an accounts supervisor at Ballston Enterprises.She wants to understand Ballston's values and its expectations for employee behavior.Which of the following would most likely provide Monique with this information?

Which of the following statements about GE and its "Green is Green" movement is true?

In the long run, MNEs must adequately meet the needs of all stakeholders in order to prosper and survive.

Which of the labor issues identified by the Ethical Trading Initiative (ETI)receives the most attention?

The saying "When in Rome, do as the Romans do" applies to the ________ approach.

________ is one of the primary business objectives for pursuing ethical behavior.

A 1977 U.S.law that outlaws bribery payments by U.S.firms to foreign government officials is known as the ________.

The belief that there are universal standards of behavior that all cultures should follow is called ________.

The issues that are the foundation of the Ethical Trading Initiative (ETI)include all of the following EXCEPT ________.

Encouraging ethical behavior for the purpose of developing competitive advantages will most likely result in all of the following for a firm EXCEPT ________.

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as ________.

Which of the following is NOT one of the issues surrounding high levels of bribery and corruption?

The OECD Convention against bribery is an example of a(n)________.

How has the Kyoto Protocol affected U.S.companies operating in Europe?

The creation of a code of conduct includes steps such as establishing a global policy, communicating the code to employees, ensuring that the policies are followed, and reporting results to external stakeholders.

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters