Question 1

Written ethical codes may include which of the following?

Accepted Answer

A)   Contracts
B)   International laws
C)   Laws of a country
D)   All of the above B

Question 2

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

Question 3

Which of the following payments would the Foreign Corrupt Practices Act allow?

Accepted Answer

A)   Payments made under duress to avoid injury or violence
B)   Small payments to encourage officials to do their legitimate and routine jobs
C)   Payments that are considered lawful in the country
D)   All of the above are allowed D

Question 4

Stealing a loaf of bread to feed a hungry family can be justified by which ethical theory?

Accepted Answer

A)   Social responsibility ethical theory
B)   Deontological ethical theory
C)   Moral languages
D)   Utilitarianism

Question 5

When companies use the logic of moral universalism and impose their views on the rest of the world,________________ occurs.

Accepted Answer

A)   Ethical divergence
B)   Ethical convenience
C)   Cultural imperialism
D)   None of the above

Question 6

When companies use the logic of ethical relativism to behave any way they please,this is known as

Accepted Answer

A)   Prescriptive ethical management.
B)   Proscriptive ethical management.
C)   Convenient relativism.
D)   Universal ethics applications.

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.

Question 8

Which of the following statements are true about teleological ethical theories?

Accepted Answer

A)   The morality of an act comes from its consequences.
B)   Utilitarianism is one of the most popular teleological theory.
C)   Actions by themselves have a good or bad morality regardless of their consequences.
D)   All of the above are true.

Question 9

Proscriptive rules in codes of conduct:

Accepted Answer

A)   Tell multinational companies or managers what they should do.
B)   Are forms of moral language.
C)   Tell multinational companies or managers what they cannot do.
D)   All of the above

Question 10

What are moral languages? How can moral languages help multinational become more ethical?

Accepted Answer

The answer of What are moral languages? How can moral...

Question 11

The argument that there are basic moral principles that transcend cultural and national boundaries is supported by

Accepted Answer

A)   Ethical relativism.
B)   Moral languages.
C)   Ethical universalism.
D)   None of the above

Question 12

The first duty of a multinational manager faced with a decision is

Accepted Answer

A)   To consider whether the decision makes business sense.
B)   To consider whether the decision meets the legal standard in the country.
C)   To consider whether the decision is ethical.
D)   To refer to the written codes of ethics.

Question 13

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

The answer of Compare and contrast ethical relativism and ethical...

Question 14

Which act was proposed by the Securities Exchange Commission in reaction to the accounting scandals at companies like Enron and Worldcom?

Accepted Answer

A)   Sarbanes-Oxley
B)   WTO
C)   Corruption Perception Index
D)   The Ethisphere Institute

Question 15

A multinational manager is considering closing a plant in China as wages have increased considerably in China.The manager considers the implications of laying off people and closing the plant on the profits of the company.Which form of analysis is the manager doing?

Accepted Answer

A)   Legal analysis
B)   Profit making analysis
C)   Ethical analysis
D)   None of the above

Question 16

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

Question 17

Which of the following statements about bribes or questionable payments are true?

Accepted Answer

A)   Bribes to expedite government actions or to gain business advantages are common in international business.
B)   Most countries have formal laws forbidding bribes or questionable payments.
C)   Enforceability of ethics varies in different countries.
D)   All of the above

Question 18

Pressures for ethical convergence include all of the following EXCEPT

Accepted Answer

A)   The growth of international trade and trading blocs.
B)   Increased interaction between foreign trading partners.
C)   The need to have unique norms and values to manage their employees differently.
D)   All of the above are true

Question 19

Compare and contrast prescriptive codes of ethics with proscriptive codes.

Accepted Answer

The answer of Compare and contrast prescriptive codes of ethics...

Question 20

Discuss some of the pressures for ethical convergence.What are some implications for multinational management?

Accepted Answer

The answer of Discuss some of the pressures for ethical...

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