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 […]
QUESTION The term ethics refers to accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization. Indicate whether the statement is true or false. ANSWER TRUE The term ethics refers to accepted principles of right or wrong that govern the […]
QUESTION Many of the ethical issues in international business are rooted in the fact that political systems, law, economic development, and culture vary significantly from nation to nation. Indicate whether the statement is true or false. ANSWER TRUE Many of the ethical issues in international business are rooted in the fact that political systems, […]
QUESTION The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business. Indicate whether the statement is true or false. ANSWER TRUE The Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business.
QUESTION “Facilitating payments” are payments to secure contracts that would not otherwise be secured. Indicate whether the statement is true or false. ANSWER FALSE Facilitating payments are not payments to secure contracts that would not otherwise be secured, nor are they payments to obtain exclusive preferential treatment.
QUESTION Leon Sullivan argued that it was ethically justified for Western businesses to operate in South Africa so long as the companies obeyed the apartheid laws. Indicate whether the statement is true or false. ANSWER FALSE Sullivan argued that it was ethically justified for General Motors to operate in South Africa so long as […]
QUESTION The Foreign Corrupt Practices Act does not allow for “facilitating payments.” Indicate whether the statement is true or false. ANSWER FALSE Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business. Some U.S. businesses immediately objected that the act would put U.S. firms at a competitive disadvantage. […]
QUESTION According to Hofstede, in societies where which of the following was emphasized, ties between individuals were tight. A. individualism B. collectivism C. femininity D. low uncertainty avoidance E. low power distance ANSWER B
QUESTION The concept of corporate social responsibility (CSR) refers to the idea that businesspeople should consider the social consequences of economic actions when making business decisions. Indicate whether the statement is true or false. ANSWER TRUE The concept of corporate social responsibility (CSR) refers to the idea that businesspeople should consider the social consequences […]
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
