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Exam 5: Ethics and Social Responsibility in International Business

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Question 31

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Sonya and Amber work together in the Hong Kong corporate office. Despite having similar backgrounds and education, they cannot agree on whether it is appropriate to offer bribes to Chinese officials for the purpose of expediting business transactions. Which ethical generalization does this most likely illustrate?

A) Individuals have their personal belief systems.
B) Culture has the strongest influence on personal ethics.
C) Personal values rarely overlap with global business dealings.
D) Society requires individuals to rationalize ethical inconsistencies.

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Question 32

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A company with an defensive stance to social responsibility will do everything that is required of it legally but nothing more.

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Question 33

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Fruit juice suppliers in South America rely heavily on ________.

Accepting gifts in a business relationship is unethical behavior in any country.

Under the Foreign Corrupt Practices Act, American firms are permitted to pay bribes only in those countries where bribery is considered a normal part of business.

How do organizations that are socially responsible treat their workers? What international organizations monitor the treatment of workers?

Logix Manufacturing is a U.S. firm with a factory in Mexico City. Local leaders in Mexico City ask Logix managers to make contributions to a youth sports organization. Logix provides the league with new equipment and uniforms. Which stance towards social responsibility does Logix most likely have?

Companies can manage social responsibility using formal and informal tools.

Braxton Clothing Company most likely forbids its buyers from accepting gifts from potential suppliers because the firm wants to avoid a(n) ________.

According to the model developed by Rob van Tulder and Alex van der Zwart, which of the following best exhibits the cultural values of a nation's citizens?

Jack always likes to place orders with Sam's Supply Company because the company sends him a gift certificate for $100 each holiday season. Which ethical issue is this an example of?

The Anglo-Saxon approach focuses on cooperation between the state, the market, and civil society.

Gift exchanges are likely to be considered a conflict of interest in a(n) ________ culture.

What constitutes ethical behavior varies from person to person.

An MNE with a factory in Cambodia is being inspected by the International Labor Organization. What is the most likely focus of the inspection?

Gift exchanges in a business situation in Japan are best described as ________.

Under the Anti-Bribery Convention of the Organization for Economic Cooperation and Development, those convicted of paying bribes do not face jail time, only fines.

What is ethical compliance? How can global firms improve the ethical compliance of their employees?

Jason completes company work at home on the weekends. He justifies taking office supplies home because of the company work he completes at home. Which ethical issue does this scenario relate to?

R.J. Reynolds' decision to follow laws regarding the marketing of its products in the United States but market its tobacco aggressively in countries without such regulations is an example of which approach to social responsibility?