Liberty BUSI 303 Quiz 1 Answers Complete Solutions
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1.
ABC Company, which is headquartered in the US, has its production plant located in a less-developed country. In this production plant, working conditions are very poor. For example, employees work 15-hour shifts, are exposed to toxic chemicals and are forced to work overtime. In addition, the pay is extremely low. What type of behavior is ABC Company exhibiting?
2.
The accepted principles of right or wrong governing the conduct of business people are called
3.
According to Geert Hofstede, what dimension captures attitude towards time, persistence, ordering by status, protection of face, respect for tradition, and reciprocation of gifts and favors?
4.
American company Tech-Solutions is planning to expand its operations to the Bangol Republic. In this country, the group is the primary unit of social organization. According to this information, which of the following is a likely outcome for Tech-Solutions from operating in the Bangol Republic?
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5.
A belief in the superiority of one’s own ethnic group or culture is called
6.
By moving production to locations where they are free to pump pollutants into the atmosphere, corporations contribute to
8.
Company XYZ is planning to set up a production plant abroad. It has selected five potential countries based on their population size, stage of economic development, labor costs and access to world markets. Considering the connection between culture and competitive advantage, which of the following countries would be the best investment site for company XYZ?
9.
In the republic of Bokenton, natives are resistant to change and do not like to take risks. They value job security and retirement benefits. In addition, they have a strong need for rules and regulations. Based on this information, the Republic of Bokention most likely demonstrates
22.
Which of the following asserts 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?
23.
Which of the following BEST increases a country’s competitive advantage and its attractiveness as a location for international business?
24.
Which of the following best represents a mores violation?
25.
Which of the following gives employees the integrity to go public to the media and blow the whistle on persistent unethical behavior in a company
26.
Which of the following holds that the moral worth of actions or practices is determined by their consequences, and is committed to the maximization of good and the minimization of harm
27.
Which of the following is a major exception to the principle that ethical systems are grounded in religion?
28.
Which of the following is a root cause of unethical behavior in business?
29.
Which of the following is considered ethical in international business?
30.
Which of the following is the basic position of the Friedman doctrine?
31.
Which of the following is the first step in the process of ethical decision making?
