QUESTION The righteous moralist’s approach to ethics is typically associated with managers from developed nations. Indicate whether the statement is true or false. ANSWER TRUE A righteous moralist claims that a multinational’s home-country standards of ethics are the appropriate ones for companies to follow in foreign countries. This approach is typically associated with managers […]
QUESTION According to Friedman’s doctrine, the only social responsibility of business is to increase profits, so long as the company stays within the rules of law. Indicate whether the statement is true or false. ANSWER TRUE Milton Friedman’s basic position is that the only social responsibility of business is to increase profits, so long […]
QUESTION According to the concept of cultural relativism, a firm, while operating in any host country, should adopt the ethics of the culture that is predominant in its home country Indicate whether the statement is true or false. ANSWER FALSE Cultural relativism believes that ethics are nothing more than the reflection of a culture—all […]
QUESTION A righteous moralist claims that while operating in a foreign country, a multinational company should follow the ethical standards of the host country. Indicate whether the statement is true or false. ANSWER FALSE A righteous moralist claims that a multinational’s home-country standards of ethics are the appropriate ones for companies to follow in […]
QUESTION Kantian ethics asserts that if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either. Indicate whether the statement is true or false. ANSWER FALSE A naive immoralist asserts that if a manager of a multinational sees that […]
QUESTION The action that produces the greatest good for the greatest number of people can result in the unjustified treatment of a minority. Indicate whether the statement is true or false. ANSWER TRUE The second problem with utilitarianism is that the philosophy omits the consideration of justice. The action that produces the greatest good […]
QUESTION Multinational corporations do not qualify to act as moral agents within the framework of rights theories. Indicate whether the statement is true or false. ANSWER FALSE Within the framework of a theory of rights, certain people or institutions are obligated to provide benefits or services that secure the rights of others. Such obligations […]
QUESTION John Rawls argues that all economic goods and services should be distributed equally except when an unequal distribution would work to everyone’s advantage. Indicate whether the statement is true or false. ANSWER TRUE John Rawls argues that all economic goods and services should be distributed equally except when an unequal distribution would work […]
QUESTION Which of Hofstede’s dimensions focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities? A. individualism versus collectivism B. power distance C. uncertainty avoidance D. masculinity versus femininity E. Confucian dynamism ANSWER B
QUESTION Which of the following is a criticism of Hofstede’s four cultural dimensions? A. Hofstede has ignored the one-to-one correspondence between culture and the nation-state. B. Most of Hofstede’s findings are in direct conflict with standard Western stereotypes. C. Hofstede assumes that most countries have more than one cultural dimension. D. Certain social classes were […]
