INTB 200 (76-100) QUESTIONS AND ANSWERS
Which company is contributing to the global tragedy of the commons?
A) a firm exploiting the weak employment standards in a host nation
B) a firm dumping its chemical wastes directly into a river
C) a firm exploiting the weak intellectual property rights in a developing nation
D) a neighboring country opposing the introduction of a free trade area
E) a country denying its citizens basic human rights - Answers - a firm dumping its
chemical wastes directly into a river
The result of the Convention on Combating Bribery of Foreign Public Officials in
International Business Transactions was to
A) make it mandatory for companies to adhere to the pollution control standards of their
home country in all the nations in which they do business.
B) make bribery of foreign officials a criminal offense but not consider facilitating
payments a criminal offense.
C) make grease payments mandatory in order to obtain exclusive preferential treatment
in a host nation.
D) consider payment of speed money to be moral, but illegal.
E) make it obligatory for companies to adopt a zero-tolerance approach toward grease
payments. - Answers - make bribery of foreign officials a criminal offense but not
consider facilitating payments a criminal offense
Cast Away Electronics paid a sum of $25,000 to an official of a foreign government to
ensure that the company obtained exclusive preferential treatment for the plant it is
building. The $25,000 can be classified as
A) customs duties.
B) excise taxes.
C) speed money.
D) a bribe.
E) repatriation fees. - Answers - a bribe
Which of these employees is facing an ethical dilemma?
A) Kyler has felt unsure about a mobile phone he purchased and has been reading only
good reviews about the phone to console himself.
B) After seeing a whole new collection of televisions at a store, Corinne is regretting the
purchase of an outdated television she made last month.
C) The manager at Big Wheel Bikes Inc. has to make a vendor choice between his
underqualified brother-in-law and a highly-experienced, trusted supplier.
, D) Renata is responsible for deciding whether she should upgrade the manufacturing
unit with new machines and reduce costs or retain the impoverished manual labor force.
E) Jenner has to decide whether the annual profits of the company should be distributed
to the employees as a salary hike or in the form of nonmonetary benefits. - Answers -
Renata is responsible for deciding whether she should upgrade the manufacturing unit
with new machines and reduce costs or retain the impoverished manual labor force
In a business setting, managers sometimes do not realize they are behaving
unethically, primarily because they
A) fail to take into account the ethical dimension of business decisions.
B) ignore business variables such as cost, delivery, and product quality.
C) have a strong system of personal ethics.
D) abide by the concept of noblesse oblige.
E) believe that social investments made by their companies can always compensate for
their unethical actions. - Answers - fail to take into account the ethical dimension of
business decisions
Straw men approaches to ethics refer to those that are
A) inappropriate guidelines.
B) accepted worldwide.
C) used in democratic but not totalitarian states.
D) based on religious values.
E) used in masculine societies. - Answers - inappropriate guidelines
The __________ is a straw man approach to business ethics.
A) Friedman doctrine
B) Kantian ethics
C) Sullivan principle
D) utilitarian philosophy
E) just distribution theory - Answers - Friedman doctrine
According to Milton Friedman, the only social responsibility of business is to
A) increase profits.
B) monopolize an industry.
C) demonstrate humanity.
D) improve society.
E) foster creativity. - Answers - increase profits
The phrase "When in Rome, do as the Romans do" is associated with
A) cultural relativism.
B) utilitarianism.
Which company is contributing to the global tragedy of the commons?
A) a firm exploiting the weak employment standards in a host nation
B) a firm dumping its chemical wastes directly into a river
C) a firm exploiting the weak intellectual property rights in a developing nation
D) a neighboring country opposing the introduction of a free trade area
E) a country denying its citizens basic human rights - Answers - a firm dumping its
chemical wastes directly into a river
The result of the Convention on Combating Bribery of Foreign Public Officials in
International Business Transactions was to
A) make it mandatory for companies to adhere to the pollution control standards of their
home country in all the nations in which they do business.
B) make bribery of foreign officials a criminal offense but not consider facilitating
payments a criminal offense.
C) make grease payments mandatory in order to obtain exclusive preferential treatment
in a host nation.
D) consider payment of speed money to be moral, but illegal.
E) make it obligatory for companies to adopt a zero-tolerance approach toward grease
payments. - Answers - make bribery of foreign officials a criminal offense but not
consider facilitating payments a criminal offense
Cast Away Electronics paid a sum of $25,000 to an official of a foreign government to
ensure that the company obtained exclusive preferential treatment for the plant it is
building. The $25,000 can be classified as
A) customs duties.
B) excise taxes.
C) speed money.
D) a bribe.
E) repatriation fees. - Answers - a bribe
Which of these employees is facing an ethical dilemma?
A) Kyler has felt unsure about a mobile phone he purchased and has been reading only
good reviews about the phone to console himself.
B) After seeing a whole new collection of televisions at a store, Corinne is regretting the
purchase of an outdated television she made last month.
C) The manager at Big Wheel Bikes Inc. has to make a vendor choice between his
underqualified brother-in-law and a highly-experienced, trusted supplier.
, D) Renata is responsible for deciding whether she should upgrade the manufacturing
unit with new machines and reduce costs or retain the impoverished manual labor force.
E) Jenner has to decide whether the annual profits of the company should be distributed
to the employees as a salary hike or in the form of nonmonetary benefits. - Answers -
Renata is responsible for deciding whether she should upgrade the manufacturing unit
with new machines and reduce costs or retain the impoverished manual labor force
In a business setting, managers sometimes do not realize they are behaving
unethically, primarily because they
A) fail to take into account the ethical dimension of business decisions.
B) ignore business variables such as cost, delivery, and product quality.
C) have a strong system of personal ethics.
D) abide by the concept of noblesse oblige.
E) believe that social investments made by their companies can always compensate for
their unethical actions. - Answers - fail to take into account the ethical dimension of
business decisions
Straw men approaches to ethics refer to those that are
A) inappropriate guidelines.
B) accepted worldwide.
C) used in democratic but not totalitarian states.
D) based on religious values.
E) used in masculine societies. - Answers - inappropriate guidelines
The __________ is a straw man approach to business ethics.
A) Friedman doctrine
B) Kantian ethics
C) Sullivan principle
D) utilitarian philosophy
E) just distribution theory - Answers - Friedman doctrine
According to Milton Friedman, the only social responsibility of business is to
A) increase profits.
B) monopolize an industry.
C) demonstrate humanity.
D) improve society.
E) foster creativity. - Answers - increase profits
The phrase "When in Rome, do as the Romans do" is associated with
A) cultural relativism.
B) utilitarianism.
