QUESTION Cadmium Technologies Inc. believes that the sole purpose of its existence is to maximize profits for its stockholders. The firm has often been criticized for not engaging in any social investments. However, the firm has been appreciated for abiding by the laws while earning profits. According to this information, which of the following approaches […]
QUESTION Which of the following is a straw man approach to business ethics? A. The Friedman doctrine B. Kantian ethics C. Sullivan’s principles D. Utilitarian philosophy E. Just distribution ANSWER A
QUESTION Neon Synergy Inc. operates in three different countries, and is headed by a CEO who believes that the best approach to ethics is cultural relativism. In this context, which of the following statements is most likely to be true regarding Neon Synergy? A. All business units of Neon Synergy will adopt a common standard […]
QUESTION Three Torque Inc., a U.S.-based multinational company, allows its managers to make facilitating payments in host countries to expedite government formalities. However, in countries where such payments are considered as unethical, the company restricts its managers from indulging in such activities. This behavior of the company illustrates the straw man approach of: A. the […]
QUESTION Green Quantum Inc. has research and production units all across the globe. The company expects its expatriate managers to adopt the ethics propagated by the culture in which they operate their respective units. Even in situations when others consider certain actions as unethical, the company allows its managers to pursue such actions if they […]
QUESTION The practice of “gift giving” between the parties to a business negotiation is considered right and proper behavior in many Asian cultures. However, some Westerners view the practice as a form of bribery, and therefore unethical, particularly if the gifts are substantial. This reflects that: A. notions of ethics are universal. B. Asian countries […]
QUESTION Shangrilah Sandals is a manufacturing firm in a developing country, where it routinely uses grease payments to local officials to expedite overseas shipments. It has decided to open a plant in the United States, and has determined that it would not offer any facilitating payments to U.S. officials. Shangrilah’s behavior illustrates the straw man […]
QUESTION Which of the following is most likely to lead to unethical behavior in a business setting? A. A strong sense of personal ethics exhibited by employees B. Expatriate managers working away from their ordinary social context and supporting culture C. Providing managers with a moral compass or an ethical algorithm D. Large business corporations […]
QUESTION A righteous moralist is most likely to claim that: A. a multinational’s home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. B. a firm should adopt the ethics of the culture in which it is operating. C. people should be treated as ends and never purely as means […]
QUESTION Unipeg Corporation has uniform high sales targets for its employees all across the globe, regardless of the environmental constraints in each market. Employees are penalized for any shortfall. This has caused many employees to falsify the values of their sales. In this context, the roots of unethical behavior can be traced to: A. unrealistic […]
