global business chap 4.txt

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  1. accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization
  2. the accpeted princples of right or wrong governing the cconduct of businesspeople
    Business ethics
  3. A strategy or course of actions, that does not violate the accepted principles of right or wrong governing the conduct of busniesspeople
    Ethical strategy
  4. What is considered normal practice in one nation may be considered _______ in another nation
  5. In the international business setting, the most common ethical issues involve
    Employment practices, human rights, environmental regulations, corruption, and moral obligation of multinational corporations
  6. It is _______for multinational firm to tolerate poor working conditions in its foreign operations or those of its subcontractors
    Not ok
  7. Establishing minimal acceptable standards that safeguard the basic rights and dignity of employees, auditing foreign sudsidiaries and subcontractors on a regualr basis to make sure those standards are met, and taking corrective action if they are not, is a ___________
    Good way to guard against ethical abuse
  8. The company should not obey the apartheid laws in its won south afircan operations, second the company should do everything within its power to promote the abololition of apartheid laws
    Sullivan principles
  9. Often argued that inward investment by multinational can be a force for _________ that ultimately improves the rights of people i nrepressive regimes
    Economoical, political, and social progress
  10. Ethical issues arise when _________in host nations are inferior to those in home nation
    Environmental regulations
  11. Environmental regulations lack in __________and accordance to critics the results can be higher levels of pollution from the operations of multinationals than would be allowed at home
    Developing nations
  12. No one owns the atmosphere or the oceans, but ______both, no matter where the _______orginates, harms all.
    Polluting, pollution
  13. The atmosphere and the ocean can be viewed as a global commons from which everyone benefits but for which no one is specifically responsible, in such cases a phenomenon known as the ______________becomes applicable
    Tragedy of the commons (names by garret hardin)
  14. Most scientist argue that human industrial and commerical activity is increaseing the amount of carbon dioxcide in the atmosphere, carbon dioxide is a greenhouse gas which reflects heat back to the earth's surface warming the globe, as a result
    The average temerpature of the earth is increasing
  15. International businesses can and have gained economic advantages by making payemtns to those govt officals is a type of
  16. A US law regulating behavior regarding the conduct of international business in the taking of bribes and other unethical actions
    Foreign corrupt practices act
  17. Some times known as ________ ,facilitiatinig payemtns are not payments to secures contracts that would not otherwise be secured and nor are they payments to obtain exclusive preferential treatment, rather they are payements to ensure recieving standard treatment, but might not due to obstruction of foregin officials
    Speed money or grease payments
  18. OECD convention that obliges member states to make the bribery of foreign public officals a criminal offense
    Convention on Combating Bribery of Foreign Public Officals in International Business Transactions
  19. In many countries payoffs to govt officals in the form of _________are a part of life
    Speed money
  20. ______has a significant negative impact on a countrys growth rate
  21. The idea that business people shouldl consider the social consequences of economic actions when making business decisions
    Social responsibility
  22. French term that refers to honorable and benevolent behavior considered the responsibility of people of high (noble)birth
    Noblesse oblige
  23. From an international viewpoint, some argue that what is ethical depends upon one's
    Cultural perspective
  24. A situation in which none of the available alternatives seems ethically acceptable
    Ethical dilemma
  25. Generally accepted principles of right and wrong governing the conduct of individuals
    Personal ethics
  26. Determinants of ethical behavior
    Personal ethics, organization culture, unrealistic performance expectations, decison making processes, leadership
  27. The parent company may pressure expatriate managers to meet ______goals that can only be fulfilled by cutting corners, or acting unethically
  28. The ________may chooose not to see how they are doing so, allowing such unethical behavior to flourish and persist
    Parent company
  29. Unethical behavior in business that sometimes people do not realize to be unethical, they may believe and probably made a good decision on economic logic, not asking is this decision ethical?
    Decison making process
  30. The values and norms shared among an organizations employees
    Organization culture
  31. _________help establish the culture of an organization, and they set the examples that others follow
  32. This philosopical approach either deny the value of business eithics or apply the concept in a very unsatisfactory way
    Straw man
  33. Four straw men approaches to business ethics are
    Friedman doctrine, cutural realtivism, the righteous moralist, and the naive immoralist
  34. The only social responsibility of business it to increase profits, so long as the company stays within the rules of the law
    Freidman doctrine
  35. The belief that eithics are culturally determined and that firms should adopt the ethics of the cultures in which they operate
    Cultural relativism (when in rome do as the romans do)
  36. The belief that a multinationals home country standards of eithics are the appropriate ones for companies to follow in foreign countries
    Righteous moralism
  37. The belief 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
    Naive immoralist
  38. Most moral philopsophers see value in ________and ____approaches to business ethics
    Utilitarian and kantian
  39. These approaches to ethics hold that the moral worth of actions or practiecs is determined by their consequences
    Utilitarian approaches
  40. Draw backs to utilitarian approach
    • -Measuring benefits, cost and risk of a course of action
    • -the philosphy omits the consideration of justice
  41. The belief that people should be treated as ends and never as means to the ends of others
    Kantian ethics
  42. People have ______and need to be _____as such
    Dignity, respected
  43. Twentieth century theories that recognize human beings have fundamental rights and privliges that transcend national boundaries and cultures
    Rights and theories
  44. A united nations document that lays down the basic principles of human rights that should always be adhered to
    Universal Declaration of Human Rights
  45. All human beings are born free and equal in dignity and rights. They are endowed with reason and conscience and should act towards one another in a spirit of brotherhood
    Article 1 of universal declaration of human rights
  46. The rights to just and favorable work conditions, equal pay for equal work, existence worthy of human dignity
    Article 23 of univerisal human rights
  47. It is important to know that along with rights come
  48. A distribution of economic goods and services that is considered fair and equitable
    just distribution
  49. A business's formal statement of ethical priorities
    Code of ethics
  50. Individuals or groups that have interest, stake, or claim in the actions and overall performance of a company
  51. People who work for or own the business, such as employees, directors, and stockholders
    Internal stakeholders
  52. The individuals and groups that have some claim on the firm, such as customers, suppliers, and unions
    External stakeholders
  53. Standing in the shoes of a stakeholder and asking how a proposed decision might impact the stakeholders
    Moral imagination
  54. Enables managers to walk away from a decision that is profitable, but unethical
    Moral courage
  55. Which of the following is not one of the five things an international business and its managers can do to amke sure ethical issues are considerd in business decisions?

    A. Favor hiring and promoting people with a well grounded sense of personal eithics
    B. Build an organizational culture that has a high value on ethical behavior
    C. Promote individuals with a proven track record of unethical behavior
    D. Develop moral courage
    (this multiple choice question has been scrambled)
  56. The tragedy of commons occurs when a resource, owned by the host coountry is overused by all individuals
    A. True
    B. False
  57. All of the following are exapmles of moral courage expect:

    A. Whistle blowing
    B. Saying no to superiors
    C. Walking away from profit making deals
    D. Accepting under the table payments
    (this multiple choice question has been scrambled)
  58. Which business straw men approach to business ethics is best summarized by maximum "when in Rome, do as the Romans do"?

    A. Friedman doctrine
    B. Naive Immoralist
    C. Cultural relativism
    D. Righteous moralist
    (this multiple choice question has been scrambled)
  59. ________is a US law regulating behavior regarding the conduct of international business in taking bribes and other unethical actions

    A. The foreign corrupt practices act
    B. The false claims acts
    C. The anti kickback act
    D. The truth in negotiations act
    (this multiple choice question has been scrambled)
  60. ______refers to the values and norms that are shared among employees of an organization

    A. Social responsibiility
    B. Jsut distribution
    C. Organization culture
    D. Cultural relativism
    (this multiple choice question has been scrambled)
  61. Rights that we take for granted in developed countries, such as freedom of speech, are universally accepted

    A. True
    B. False
  62. Which of the following asserts that if a manager of a multinational sees that firms from other nations are not following eithical norms in a host nation, that manager should not either?

    A. The righteous moralist
    B. The kantian ethics
    C. The naive immoralist
    D. The utilitarian approach
    (this multiple choice question has been scrambled)
  63. According to a study on the connection between corruption and economic growth in 70 countries:

    A. Corruption had no impact on the growth of the countrys economy
    B. Corruption has a significant positive impact on a country's growth rate
    C. Corruption has a significant negative impact on a country's growth rate
    D. Side payments helped remove the buraucratic barries to investments that create jobs
    (this multiple choice question has been scrambled)
  64. A UN document inspired by Kantian and rights theories and ratified by almost every country on the planet, that lays down basic principles that should always be adhered to, irrespective of the culture in which one is doing business is the:

    A. Declaration of Geneva
    B. Kimberley process
    C. Universal Declaration of Human Rights
    D. OECD guidelines
    (this multiple choice question has been scrambled)
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global business chap 4.txt
2012-04-07 14:19:32
global business

gloabl business
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