Deck 3: Ethics and Social Responsibility

Question 1

Though the force of NGOs have been felt in a range of major public policy debates, NGO activism has been least responsible for major changes in corporate behavior and governance.

Answer 1

False

Question 2

Corporate governance may be defined as the system by which business corporations are directed and controlled.

Answer 2

True

Question 3

MNCs are increasingly engaged in a range of responses to growing pressures to contribute positively to the social and environmental progress of the communities in which they do business.

Answer 3

True

Question 4

"Insider" systems of corporate governance are most responsive to shareholders and other stakeholders.

Question 5

MNCs have a very low chance of exporting "best practices" in corporate responsibilities to local firms in developing nations.

Question 6

One thing that has inhibited the progress of women in French management is that French law does not guarantee equal treatment and equal professional opportunities for men and women.

Question 7

Despite a heightened sensitivity in recent years, sexual harassment remains a minor social issue in Japan.

Question 8

The Global Fund to Fight AIDS, Tuberculosis and Malaria constitutes contributions by international organizations to assist developing countries in dealing with these diseases.

Question 9

Trust in business is currently at one of the highest levels in history in the United States and Europe.

Question 10

The Foreign Corrupt Practices Act makes it illegal for U.S.companies and their managers to attempt to influence foreign officials through personal payments or political contributions.

Question 11

Sustainability may be defined as the development that meets humanity's needs at the cost of the future generations.

Question 12

The study of morality and standards of conduct is referred to as ethics.

Question 13

Governments and corporations are increasingly collaborating to provide assistance to communities around the world through global partnerships.

Question 14

Utilitarianism favors the greatest good for the greatest number of people under a given set of constraints.

Question 15

As pressure for accountability and responsiveness continues to increase, corporate governance will undoubtedly remain high on the agenda of governments, investors, NGOs and corporations in the coming years.

Question 16

Kantian philosophical traditions focus on core, individual behaviors and actions and how they express and form individual character.

Question 17

Although French women are making strides in the management ranks, they still are underrepresented in corporate management.

Question 18

NGOs have urged MNCs to be more responsive to the range of social needs in developing countries.

Question 19

NGOs are public organizations that monitor the practices of private corporations.

Question 20

Corporate social responsibility includes organizational actions that go beyond the requirements of the law and the direct interests of the firm.

Question 21

Which of the following is false about the adage, "When in Rome, do as the Romans do?"

A)It is derived from the idea of cultural relativism
B)It suggests that businesses and the managers should behave in accordance with the ethical standards they are active in
C)It suggests that it is necessary, to some extent, to rely on local teams to execute under local rule
D)It is derived from the idea of cultural materialism

Question 22

This legislative measure makes it illegal to influence foreign officials through personal payments or political contributions.

A)Foreign Corrupt Practices Act
B)Global Bribery Act
C)International Ethics and Bribery Act
D)Export-Import Ethical Standards Act

Question 23

One of the major reasons why _____ remains a problem in Japan is that traditionally many male managers regard female employees as mere secretaries and, following a stereotype, feel that women employees will soon marry and leave the firm.

A)Sexual harassment
B)Workman's compensation
C)Wage parity
D)Collective bargaining

Question 24

John Stuart Mill and Jeremy Bentham are associated with which of the following?

A)Aristotelian virtue ethics
B)Kantian philosophical traditions
C)Utilitarianism
D)Eastern philosophy

Question 25

All of the following are accurate in regard to the issue of sexual harassment in the Japanese workplace except:

A)Sexual harassment remains a minor social issue in Japan, despite a heightened sensitivity in recent years.
B)Traditionally many male managers regard female employees as secretaries and, feel that women employees will soon marry and leave the firm.
C)Sexual harassment is a new concept to many Japanese managers.
D)Japanese women face a glass ceiling.

Question 26

The study of morality and standards of conduct is referred to as:

A)Social responsibility
B)Law
C)Governance
D)Ethics

Question 27

Identify the incorrect statement regarding the transfer of the labor force overseas.

A)It creates an interesting dynamic in the scope of ethics
B)It seeks to employ local citizens who tend to identify themselves with the corporation and not the outside environment
C)It creates an interesting dynamic in the scope of corporate responsibility
D)It seeks to move individuals offshore who will identify themselves with the corporation and not the outside environment

Question 28

According to the text, which country has experienced widespread human trafficking in recent years?

A)South Africa
B)India
C)Russia
D)China

Question 29

Which of the following companies was accused in 2010 of cutting corners on environmental protection and ethical business practices?

A)Nike
B)Russell Athletics
C)Chevron
D)BP

Question 30

Which of the following statements is not true with regard to child labor?

A)Child labor continues to climb
B)Child labor has declined for girls
C)The ILO has been involved in developing standards regarding child labor
D)UNICEF and the World Bank recognize that family survival sometimes depends on children working

Question 31

The issue of relatively low wages paid by subcontractors to workers in ______ made headlines in 2010 after a series of suicides by factory workers.

A)Vietnam
B)Malaysia
C)Mexico
D)China

Question 32

According to the latest corruption index of countries around the world specified in the text, the most corrupt country is:

A)Somalia
B)Chile
C)Ukraine
D)Poland

Question 33

According to the text, one violation of human rights that resonated with MNCs and made them question whether to move operations into China was:

A)The imposition of restrictions on religious practice by foreigners in China in January 1994
B)The violent June 1989 crackdown on student protesters in Beijing's Tiananmen Square
C)The dramatic increase in the use of death penalty in China
D)The open discrimination against women in China since 1979

Question 34

According to the latest corruption index of countries around the world specified in the text, the least corrupt country is:

A)Japan
B)Chile
C)United States
D)New Zealand

Question 35

All of the following statements about ethics are true except:

A)It is the study of morality and standards of conduct
B)It is the victim of subjectivity as it yields to the will of cultural relativism
C)It is the belief that the ethical standard of a country is based on the culture that created it and that moral concepts lack universal application
D)It is not related to the area of corporate social responsibility

Question 36

All of the following statements are accurate with regard to the status of women in the French workplace except:

A)From a legal standpoint, French law guarantees equal treatment and equal professional opportunities for men and women
B)As in the United States and Japan, French women face many obstacles when trying to break the glass ceiling
C)As a result of strong efforts to gain equality, French women are no longer underrepresented in the workplace
D)France has seen an increase in the number of women not only in the workforce but also in management positions

Question 37

Identify the incorrect statement with regard to equal employment opportunity in Germany.

A)Unlike some other countries, Germany in the last decade has introduced laws that mandate equal opportunity and the creation of equal opportunity positions throughout the public sector
B)Today, all German states ensure that their legislation provides for equal treatment of men and women in the workplace
C)In the private sector, there has been some progress toward increasing the number of women in upper-level management positions through the introduction of voluntary equal opportunity programs
D)Opportunities for female managers in Germany are no longer limited and appear to be improving significantly for the future

Question 38

According to the World Economic Forum, which country ranked highest in 2009 on economic opportunities and political empowerment of women?

A)Japan
B)The United States
C)Iceland
D)Great Britain

Question 39

Which of the following views the individual as part of rather than separate from nature?

A)Aristotelian virtue ethics
B)Utilitarianism
C)Kantian philosophical traditions
D)Eastern philosophy

Question 40

The transfer of the labor force overseas creates

A)An interesting dynamic in the scope of ethics and corporate responsibility
B)A general ambiance of nondiscriminatory practices
C)An ideal environment for women to work in
D)Equal employment opportunities for both men and women

Question 41

As a way to prevent the shifting of corrupt practices to suppliers and intermediaries, the _____ standard was developed.

A)OAS
B)FCPA
C)TRACE
D)OECD

Question 42

The United Nations chapter dedicated to the education, promotion, facilitation and advocacy of sustainable practices and environmentally sound concerns is called the:

A)UNRWA
B)UNIFEM
C)UNODC
D)UNEP

Question 43

The following countries have "outsider" systems of corporate governance except:

A)The U.S
B)Canada
C)The U.K
D)Spain

Question 44

Which of the following MNCs announced in January 2004 that it would no longer finance certain projects in emerging markets identified by the Rainforest Action Network (RAN) as damaging to the environment?

A)JPMorgan Chase
B)HSBC
C)Citigroup
D)Merrill Lynch

Question 45

Which of the following is likely to present an opportunity for MNCs to make a positive impact in developing countries?

A)Low wage rates
B)Lax environmental standards
C)Adoption and exportation of best practices
D)Underdeveloped infrastructure

Question 46

Besides fighting unethical practices, another way to meet social responsibilities is to provide assistance to:

A)Multinational companies
B)Cartel agreements
C)Top management stockholders
D)Underdeveloped countries

Question 47

This can be defined as the actions of a firm to benefit society beyond the requirements of the law and the direct interests of the firm.

A)Corporate social responsibility
B)Law
C)Governance
D)Ethics

Question 48

Corporate governance:

A)Can be defined as the actions of a firm to benefit society beyond the requirements of the law and the direct interests of the firm
B)Seeks to serve society's interests by focusing on social, political and economic issues such as poverty, social justice, education, health and the environment
C)Can be defined as the system by which business corporations are directed and controlled
D)Can be defined as the development that meets humanity's needs without harming future generations

Question 49

Latin American countries have established the _____ Inter-American Convention Against Corruption, which entered into force in March 1997.

A)OECD
B)FCPA
C)OAS
D)TRACE

Question 50

All of the following are examples of NGOs except:

A)Save the Children
B)CARE
C)OECD
D)Oxfam

Question 51

Transparent Agents Against Contracting Entities:

A)Was created to prevent the shifting of corrupt practices to suppliers and intermediaries
B)Entered into force in March 1997 and has more than 25 Western Hemisphere countries as signatories
C)Outlaws most payments to political party leaders
D)Makes it illegal for U.S.companies and their managers to attempt to influence foreign officials through personal payments

Question 52

Which of the following statements with to the Transparent Agents Against Contracting Entities (TRACE) is incorrect?

A)It was developed after a review of the practices of 34 companies
B)It applies to business intermediaries
C)It was developed as a way to prevent the shifting of corrupt practices to suppliers and intermediaries
D)It was established by the Latin American companies

Question 53

The elimination of discrimination with respect to employment and occupation is a principle of the Global Compact which applies to:

A)Human rights
B)Labor
C)Environment
D)Anticorruption

Question 54

Development that meets humanity's needs without harming future generations is termed as:

A)Corporate responsibility
B)Sustainability
C)Social responsibility
D)Governance

Question 55

Identify the statement about NGOs that is false.

A)Large global NGOs are active in all parts of the world
B)NGO activism has been responsible for minor changes in corporate behavior and governance
C)NGOs are regarded as a counterweight to business and global capitalism
D)The force of NGOs has been felt in a range of major public policy debates

Question 56

'Freedom of association and the effective recognition of the right to collective bargaining' is a principle of the Global Compact which applies to:

A)Human rights
B)Anticorruption
C)Environment
D)Labor

Question 57

NGOs that seek to promote ethical and socially responsible business practices are generating substantial changes in all of the following areas except

A)Corporate management
B)Business development
C)Strategy
D)Corporate governance

Question 58

Which of the following statements about the "antibribing" legislation is incorrect?

A)It outlaws the practice of bribing foreign government officials
B)It outlaws most payments to political party leaders
C)Its provisions are much narrower than U.S.negotiators wanted
D)It is a step in the direction of a more ethical and level playing field in global business

Question 59

Corporate social responsibility:

A)Is not related to ethics
B)Refers to the actions of a firm to benefit society beyond the requirements of the law and the direct interests of the firm
C)Involves the study of or the learning process involved in understanding morality, while ethics involves taking action
D)Is not based on voluntary actions

Question 60

According to the text, all the following companies have been criticized for actions portraying lack of social responsibility in developing countries except:

A)Nike
B)Levi's
C)Chiquita
D)Hewlett-Packard

Question 61

The _____ specifies the distribution of rights and responsibilities among different participants in the corporation and spells out the rules and procedures for making decisions on corporate affairs.

A)Corporate governance structure
B)Nongovernmental organizations
C)Foreign Corrupt Practices Act
D)Rainforest Action Network

Question 62

Which of the following is not one of the eight Millennium Development goals?

A)Reducing poverty
B)Ensuring environmental sustainability
C)Increasing life expectancy
D)Eradicating discrimination against women

Question 63

The following regions are most associated with "crony capitalism" except:

A)Asia
B)Europe
C)Latin America
D)Africa

Question 64

The U.K.and U.S.systems have been termed _____ systems because of dispersed ownership of corporate equity among a large number of external investors.

A)"Cascade"
B)"Hausbanken"
C)"Outsider"
D)"Insider"

Question 65

Which of the following is the most urgent need of developing countries?

A)Accelerated industrialization
B)Malnutrition and disease control
C)Enhanced college education
D)Institutional reform

Question 66

"Crony capitalism" describes business practices in countries with:

A)Highly developed legal and institutional protections
B)Market-oriented economic systems
C)Weak, concentrated corporate governance
D)Limited government interference

Question 67

The Millennium Development goals constitute an ambitious agenda by the _____ to improve the human condition.

A)UN
B)WTO
C)GATT
D)EU

Question 68

What is meant by corporate governance?

Question 69

Discuss the various measures that national governments have adopted against corruption.

Question 70

What is meant by "fair trade"? Which products are involved in fair trade? What is the goal of the movement?

Question 71

Which of the following is not one of the U.N.Millennium Development Goals?

A)Eradicate extreme poverty and hunger
B)Eradicate female infanticide in China
C)Reduce child mortality
D)Improve maternal health

Question 72

What is ethics? Why is ethics important to the study of international management?

Question 73

The eight Millennium Development goals are to be achieved by the year:

A)2010
B)2015
C)2040
D)2050

Question 74

Explain corporate social responsibility and sustainability.

Question 75

Which of the following constitutes an ambitious agenda to significantly improve the human condition by 2015?

A)Human Right Act 1993
B)The eight Millennium Development Goals
C)Foreign Corrupt Practices Act
D)NAFTA