Q&A Hero

Q: The collection of private, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as a. the third sector. b. government. c. business. d. the free market economy.

Q: Which of the following is true of amoral managers? (A) Their values are based on the Judeo-Christian faiths. (B) They have strong ethics and apply those ethics to their business. (C) They want to be socially responsible. (D) They want to maximize profits but with a strong sense of ethics. (E) They do not believe ethics applies to business.

Q: Which of the following is not listed as a general issue involving social or ethical ramifications within the relationship between business and society? a. downsizing pension programs b. toxic waste disposal c. insider trading d. death penalties

Q: _______ is the moral standard of right and wrong that influences behavior. (A) Environments (B) Management (C) Moral dilemma (D) Ethics (E) Strategies

Q: The concept of sustainability is derived from the notion of management development. a. True b. False

Q: What is the primary objective of integrating market and nonmarket strategies? (A) To create business opportunities that requirs integrated strategies to guide firm interactions. (B) To influence the nonmarket structure so that they can compete effectively in the market environment. (C) To compete for customers with the help of suppliers to make a profit. (D) None of these is correct. (E) All of these are correct.

Q: Spheres of power describe the arenas in which power may be utilized. a. True b. False

Q: A/n ________ guides a firm's interactions with its stakeholders to achieve the firm's objectives. (A) diversification (B) environment (C) product (D) public sentiment (E) strategy

Q: The principal internal stakeholders of a corporation are its customers and employees. a. True b. False

Q: What is the modern textbook role of business and its managers? (A) The role of business is to make profits for shareholders. The role of managers is to maximize profits. (B) The role of business is to make products. The role of managers is select products that will maximize profits. (C) The role of business is to create value for stakeholders, who are affected by the business and can affect firm performance. The role of managers is to integrate market and nonmarket environmental strategies ethically to create value for stakeholders. (D) The role of business is to create jobs. The role of managers is to select the best employees. (E) None of these are correct.

Q: A child's assumption that he or she will have a higher standard of living than the previous generation is called the revolution of rising expectations. a. True b. False

Q: ________ is the general term used for people who have a stake or special interest in business activities because they are affected by business decisions or can affect business performance. (A) Shareholders (B) Managers (C) Attorneys (D) Stakeholders (E) Employees

Q: Movies depict corporate life as amoral and possibly deadly. a. True b. False

Q: Business should consider a responsibility to be ethical with its stakeholders. (A) True (B) False

Q: News shows are the only type of programming on television that has contributed to criticism of business. a. True b. False

Q: The percentage of the U.S. population that has earned high school diplomas and college degrees has remained about the same over the last thirty years. a. True b. False

Q: The Iron Law of Responsibility states that people who use power wisely will be rewarded with more power. a. True b. False

Q: Ethics refers to issues of right and wrong, fairness, and justice. a. True b. False

Q: The social contract in the modern era is changing rapidly and dramatically. a. True b. False

Q: The social contract is the set of rights and duties imposed on citizens by their government. a. True b. False

Q: Power is only manifest when it is used purposefully. a. True b. False

Q: The common perception of business power is that there is too little of it to provide a balance with other social institutions. a. True b. False

Q: The authors of the textbook lay the primary responsibility for business's problems on the media. a. True b. False

Q: Affluence refers to the level of wealth, disposable income, and standard of living of a society. a. True b. False

Q: Business interacts with only a limited number of stakeholder groups. a. True b. False

Q: Common Cause and the U.S. Chamber of Commerce are examples of general purpose interest groups. a. True b. False

Q: Stakeholders are the owners of shares in a corporation. a. True b. False

Q: Pluralism is a condition in which there is a concentration of power among society's groups and organizations. a. True b. False

Q: When speaking of business in the collective sense, the textbook will most often be focusing on big business. a. True b. False

Q: The business environment in current times can best be described as turbulent. a. True b. False

Q: Some businesses are socially responsible; other businesses do just about anything they want. a. True b. False

Q: Analyze the difficulties associated with ethical relativism providing examples to support your points.

Q: Choose a contemporary ethical issue and explain your position on this issue using moral foundations theory.

Q: According to Integrated Social Contracts Theory, how should we decide whether or not to follow a local ethical rule or custom?

Q: Use one of the approaches to global ethics to evaluate the morality of a government foreign policy initiative or an international business practice.

Q: Respond to the following statement: Cosmopolitanism is the best way to meet the ethical challenges of globalization.

Q: Does globalization do more harm than good? Why?

Q: When does borrowing from another culture become cultural appropriation? How do you make this determination?

Q: Which of the universal global standards presented in the chapter provides the best basis for ethical international business? Defend your choice.

Q: Rate yourself on the universal dilemmas. Where do you fall on each values continuum? How does this influence how you make ethical choices?

Q: What steps can you take to become more of a world citizen?

Q: What is the greatest ethical danger posed by globalization? Defend your choice.

Q: Name and explain two universal dilemmas?

Q: What is a Questionable Practice (QP)?

Q: Name and explain the five moral foundations that serve as the basis of our moral intuitions.

Q: Name and explain the two foundational principles of the Caux Principles.

Q: How can you fight ethnocentrism?

Q: According to Integrated Social Contract Theory, ______ contracts set the standards for social interactions; ______ contracts govern the relationships between members of particular communities.

Q: In ______ cultures, individuals are encouraged to be tough, confrontational, and competitive.

Q: ______ cultures put more emphasis on the group than on the individual.

Q: ______ cultures blur the differences between sexes.

Q: In ______ communication, most of the information in the message is embedded in the message itself.

Q: ______ is viewing the world from our groups cultural point of view.

Q: ______ refers to seeing reality in parts; ______ refers to viewing reality in a holistic manner.

Q: ______ is the unauthorized use of elements from another culture.

Q: Human rights protect the ______ of every person.

Q: Practicing ______ means going along with local ethical rules and customs.

Q: Ethical relativism is a way of applying your own personal ethics to a different culture.

Q: The Oath for Global Business Executives is required to be signed by all business students before they graduate from college.

Q: There are universal moral principles that apply across cultural boundaries.

Q: There are no real significant differences between cultures in terms of how they respond to ethical issues.

Q: To overcome ethnocentrism, it is best to avoid bringing the subject up in conversation.

Q: Project GLOBE stands for Global Leadership and Organizational Behavior Effectiveness.

Q: Modern cosmopolitans take a humanistic approach to globalization that every human being has dignity and value regardless of their location, status or background.

Q: A stereotype accurate describes every member of a social group.

Q: Future orientation describes cultures that emphasize planning and investing.

Q: Members of masculine cultures are more sensitive to the presence of ethical issues.

Q: Feminine/low-power distance/low-uncertainty avoidance cultures are generally more corrupt.

Q: Organizations in collectivist societies are more likely to hire based on family connections and friendships.

Q: According to the Caux principles, nonprofits (NGOs) have to be MOST concerned about integrity.

Q: Questionable practices always involve ethical issues.

Q: The self-reflexive person can step back from her/his culture to offer constructive criticism.

Q: The term distant needy describes the less privileged in developing nations.

Q: Most cultures put a strong emphasis on the moral foundations of reducing harm and promoting autonomy.

Q: Reginald is a business leader who believes his purpose is to lead people and manage resources to create value that no single individual can create alone. He desires to be an example to others. He decides to sign an oath designed by The Oath Project. Which of the following is this oath known as? a. Oath for Global Business Executives b. Oath for the Preservation of Global Business c. Globalist Oath d. Oath for the World Economic Forum

Q: This moral psychologist identified five foundations for our moral intuitions in the Moral Foundations Theory. a. Geert Hofstede b. Lynn Paine c. Jonathan Haidt d. Thomas Dunfee

Q: Which of the universal dilemmas emphasizes personal freedom, human rights, and competitiveness? a. individualism b. particularism c. diffusion d. achieved status

Q: Which of the universal dilemmas focuses on the virtue of a person found within (i.e., in conscience, will, core beliefs, and principles)? a. sequential time b. inner direction c. specificity d. universalism

Q: Identify which of the following is a promise made in the Oath for Global Business Executives. a. I will submit to the leaders of the World Economic Forum. b. I will be a good steward of earths resources. c. I will oppose individualistic societies. d. I will refrain from corruption, unfair competition, or business practices harmful to society.

Q: Which questionable practice can be seen as an opportunity to meet community obligations in a collective culture? a. false information b. bribery c. nepotism d. human rights