Business

Business leaders should use every relevant opportunity to stress the i

QUESTION Business leaders should use every relevant opportunity to stress the importance of business ethics and make sure that key business decisions not only make good economic sense but also are ethical. Indicate whether the statement is true or false.   ANSWER TRUE Leaders in the business must give life and meaning to words in […]

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Date: September 3rd, 2020

An organizational culture that requires all decisions to be purely eco

QUESTION An organizational culture that requires all decisions to be purely economic allows unethical behavior to flourish and persist. Indicate whether the statement is true or false.   ANSWER TRUE A cause of unethical behavior in businesses is an organizational culture that deemphasizes business ethics, reducing all decisions to the purely economic.

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Date: September 3rd, 2020

The internal stakeholders of a company do not have an exchange relatio

QUESTION The internal stakeholders of a company do not have an exchange relationship with the company. Indicate whether the statement is true or false.   ANSWER FALSE All stakeholders are in an exchange relationship with the company. Each stakeholder group supplies the organization with important resources (or contributions), and in exchange each expects its interests […]

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Date: September 3rd, 2020

Enterprises headquartered in a country which scores high on masculinit

QUESTION Enterprises headquartered in a country which scores high on masculinity and power distance measures are more likely to behave ethically than enterprises headquartered in a culture where individualism and uncertainty avoidance are strong. Indicate whether the statement is true or false.   ANSWER FALSE Using Hofstede’s dimensions of social culture, it was found that […]

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Date: September 3rd, 2020

The first step in an ethical algorithm is to identify those common res

QUESTION The first step in an ethical algorithm is to identify those common resources that are not owned by anyone in particular but are used by everybody. Indicate whether the statement is true or false.   ANSWER FALSE In the first step of an ethical algorithm, businesspeople should identify which stakeholders a decision would affect […]

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Date: September 3rd, 2020

The power of a multinational corporation is constrained not only by la

QUESTION The power of a multinational corporation is constrained not only by laws and regulations, but also by the discipline of the market and the competitive process. Indicate whether the statement is true or false.   ANSWER TRUE Multinational corporations have power that comes from their control over resources and their ability to move production […]

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Date: September 3rd, 2020

Ethics officers act as an internal ombudsperson with responsibility fo

QUESTION Ethics officers act as an internal ombudsperson with responsibility for handling confidential inquiries from employees. Indicate whether the statement is true or false.   ANSWER TRUE Ethics officers act as an internal ombudsperson with responsibility for handling confidential inquiries from employees, investigating complaints from employees or others, reporting findings, and making recommendations for change.

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Date: September 3rd, 2020

Janet believes that the cultural group she belongs to is superior and

QUESTION Janet believes that the cultural group she belongs to is superior and is hence highly intolerant toward employees from the cultures of other countries. This behavior of Janet is known as: A. cultural convergence. B. Confucian dynamism. C. ethnocentrism. D. ethnic gloss. E. class consciousness.   ANSWER C

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Date: September 3rd, 2020

Which of the following best exemplifies ethnocentrism? A. Sarah belie

QUESTION Which of the following best exemplifies ethnocentrism? A. Sarah believes that her opinions and interests are superior to that of her siblings. B. Nicole is highly tolerant toward different cultures and is also keen on learning different languages. C. Bryan’s belief in the superiority of his culture has resulted in conflicts with his colleagues […]

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Date: September 3rd, 2020