Question 1

The absolutist view on confronting different systems of business ethics ignores the fact that .&#10;A) people may disagree over the correct ethical standards&#10;B) ethical standards come from cultural views current in a location&#10;C) ethical standards in other countries may not be the same as those one is used to&#10;D) one may have to lower one's standards in order to business effectively

Accepted Answer

B

Question 2

An internationally agreed-upon code of ethics includes an emphasis on____________.&#10;A) profitability&#10;B) human rights&#10;C) politics&#10;D) abiding by the law

Accepted Answer

An internationally agreed-upon code of ethics typically includes an emphasis on human rights, as it is a fundamental principle for the treatment of individuals and the promotion of societal welfare. While profitability and abiding by the law may be important considerations, they are not typically emphasized as strongly as human rights within a code of ethics. Politics may also play a role in ethical considerations, but it is not necessarily a core component of an international code of ethics.

Question 3

One of Richard DeGeorge's guidelines for multinational corporations is that____________.&#10;A) they should carry out actions that benefit their home country&#10;B) they should conform to the ethical expectations of the local culture&#10;C) they should pay their employees the same as they pay their domestic employees&#10;D) they should do more good than harm for the host country

Accepted Answer

Richard DeGeorge's guideline for multinational corporations is that they should do more good than harm for the host country. This means that foreign companies should avoid causing harm to the local community, environment or economy, and instead find ways to have a positive impact by promoting economic growth, creating jobs, and contributing to social and environmental programs.

Question 4

Wage standards in developing countries are often very low mainly because____________.&#10;A) wages are not set by the market&#10;B) developing countries do not have as many factories&#10;C) local politics prevents workers from campaigning for higher wages&#10;D) workers are willing to work for much less than someone comparable in the United States

Accepted Answer

The answer of Wage standards in developing countries are often...

Question 5

Explain why bribery is unethical.

Accepted Answer

The answer of Explain why bribery is unethical....

Question 6

The practice of respecting basic rights in international transactions ensures that .&#10;A) a moral minimum will be respected&#10;B) no ethical transgressions will take place&#10;C) everyone will agree on all ethical standards&#10;D) everyone will understand each other culturally

Accepted Answer

Respecting basic human rights in international transactions ensures that a minimum moral standard is being met, even if there may not be agreement on all ethical issues. This practice helps to prevent unethical transgressions, such as exploitative labor practices, and promotes fairness and equity in international trade. While cultural understanding is also important, it is not directly related to the practice of respecting human rights in international transactions.

Question 7

Why is it not ethically sufficient for multinational corporations to simply follow the laws of the countries in which they do business?&#10;A) Unethical practices may be legal in other countries.&#10;B) Corporations are bound by the laws of their home country.&#10;C) Some of the laws in foreign nations may be unenforceable.&#10;D) Laws in other countries may unduly restrict business.

Accepted Answer

Following the laws of a country does not necessarily mean that the corporation is behaving ethically. The laws in some countries may permit unethical practices such as child labor or pollution. It is important for multinational corporations to go beyond legal compliance and uphold ethical standards.

Question 8

One of the unjust consequences of bribery is that____________.&#10;A) bribes only help bureaucracies&#10;B) bribes are disproportionately paid by richer corporations&#10;C) it leads to greater economic inequality&#10;D) it enriches multinational corporations

Accepted Answer

Bribery perpetuates a culture of corruption, which ultimately worsens economic inequality as only those with money and power can afford to bribe officials and gain advantages over others. This perpetuates a cycle of corruption that further entrenches inequality.

Question 9

Describe the codes of ethics that are understood to apply to all forms of international business.

Accepted Answer

The answer of Describe the codes of ethics that are...

Question 10

The absolutist position on morality places the responsibility for setting standards on .&#10;A) the local people where business id conducted&#10;B) the visitor to a foreign country&#10;C) the government of the country where business is conducted&#10;D) a single impartial and ethically ideal observer

Accepted Answer

The absolutist position on morality places the responsibility for setting standards on the government of the country where business is conducted because they have the authority to enforce laws and regulations that protect the rights of individuals and the environment.

Question 11

Compare the approaches of absolutism versus relativism for understanding cultural differences in ethics.

Accepted Answer

The answer of Compare the approaches of absolutism versus relativism...

Question 12

The relativist view on confronting different systems of business ethics says that .&#10;A) the same ethics should be practiced in other countries as at home&#10;B) ethical systems do not vary greatly between different countries&#10;C) one should follow whatever practices are accepted in a certain place&#10;D) no one knows what the ethically correct way of doing business is

Accepted Answer

The answer of The relativist view on confronting different systems...

Question 13

Justice must be strongly considered in international operations mainly because .&#10;A) multinational corporations often are not familiar with local laws&#10;B) foreign investment most often benefits the rich rather than the poor&#10;C) globalized businesses tend to make more profits than other companies do&#10;D) multinational corporations have a duty to aid developing countries

Accepted Answer

The answer of Justice must be strongly considered in international...

Deck 14: International Business Ethics