Business

The distinctive culture of Wengiston has been losing its predominance

QUESTION The distinctive culture of Wengiston has been losing its predominance among the citizens of the country. This is due to the fact that the people of Wengiston are extensively adopting certain universally accepted values and norms. This behavior of the people in Wengiston demonstrates: A. ethnocentrism. B. the convergence hypothesis. C. egocentrism. D. Confucian […]

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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

The term ethics refers to accepted principles of right or wrong that g

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 […]

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Date: September 3rd, 2020

Many of the ethical issues in international business are rooted in 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, […]

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Date: September 3rd, 2020

“Facilitating payments” are payments to secure contracts that would no

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.

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Date: September 3rd, 2020

Leon Sullivan argued that it was ethically justified for Western busin

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 […]

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Date: September 3rd, 2020

The Foreign Corrupt Practices Act does not allow for “facilitating pay

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. […]

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Date: September 3rd, 2020