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.
Date: September 3rd, 2020
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.
Date: September 3rd, 2020
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 […]
Date: September 3rd, 2020
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. […]
Date: September 3rd, 2020
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
Date: September 3rd, 2020
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 […]
Date: September 3rd, 2020
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
Date: September 3rd, 2020
QUESTION Which of the following Confucian ethics is central to the Chinese concept of guanxi? A. Holding all material possessions in trust for God B. Renunciation of the material world C. Devoting life to a spiritual quest D. Reciprocal obligations E. Individual progress ANSWER D
Date: September 3rd, 2020
QUESTION Which of the following is the most widely spoken language in the world, and is increasingly becoming the language of international business? A. Chinese B. French C. English D. Spanish E. German ANSWER C
Date: September 3rd, 2020
QUESTION Chinese is the mother tongue of the largest number of people, but English is the most widely spoken language in the world. This indicates that: A. many people speak English as a second language. B. many native English speakers are learning Chinese. C. the population of native English speakers exceeds that of China. D. […]
Date: September 3rd, 2020
