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Arguments in favor of bribery include


A) it's necessary for profit.
B) nobody does it.
C) they are forms of wages.
D) they are not expected.

E) A) and B)
F) B) and C)

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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -One reason that some observers give for the cause of the Union Carbide Bhopal incident is that the company was forced to take on local partners in the project, thus diluting Union Carbide's profit motive. Assuming this argument is valid, evaluate it from a deontological perspective.

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Deontology says that one should determin...

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All of the following are proposed standards for the SA8000 program, to improve sweatshop conditions, except


A) allowing workers to form unions.
B) prohibiting corporal punishment.
C) providing retirement benefits.
D) limiting work to a maximum of 48 hours per week.

E) B) and C)
F) A) and B)

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C

The FCPA has had a significant impact on the way American firms do business globally.

A) True
B) False

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Provide a short answer to each of these questions. Be sure to fully explain your answer. -Discuss the previous assumption that global trade would expand continually, the effect of the global economic crisis, and the implications of those events.

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Previously, global trade continued to gr...

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Growth of global business as a critical element in the world economy is known as:


A) legitimization.
B) internationalization.
C) market awareness.
D) multinationalism.

E) All of the above
F) B) and C)

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Which of the following is not part of the anticorruption movement?


A) Transparency International
B) OECD antibribery initiatives
C) individual country initiatives
D) World Trade Organization

E) A) and C)
F) A) and B)

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International markets must be pursued if firms want to remain


A) competitive.
B) ethical.
C) free from corruption.
D) legitimate.

E) B) and C)
F) A) and C)

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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Transparency International has sought to fight world corruption. Reflect on the meaning of their five priorities and two principles.

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TI has defined five priorities in its fight against worldwide corruption. These include fighting corruption in (1) the private sector, (2) politics, (3) public contracting, (4) international anti-corruption conventions, and (5) poverty and development. It maintains over 100 national chapters run by local activists.i TI has established two simple principles for businesses striving to root out corruption: The enterprise shall prohibit bribery in any form whether direct or indirect and The enterprise shall commit to implementing a Program to counter bribery. TI has sought to fight corruption in consumers, government, association with government, integration from an international standpoint, and associations of use of average citizenry for development purposes. Student answers will vary in their reflection beyond this.

The Alien Tort Claims Act applies to:


A) actions that occur on foreign soil.
B) actions that occur on U.S. soil.
C) actions that occur in the host country where a U.S. firm is based.
D) actions that occur in a foreign country where a foreign firm is based.

E) B) and D)
F) A) and C)

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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Make a case for paying premium wages to workers in less-developed countries.

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The obvious reason for paying premium wa...

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One of the fortunate things about ethical issues in the global market is that they do not affect domestic operations.

A) True
B) False

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All of the following are arguments in support of bribery except


A) everybody does it.
B) it is normal practice in many countries.
C) it is a form of commission, tax, or compensation for doing business between cultures.
D) it is a way of providing needy foreigners with money they need.

E) A) and B)
F) A) and C)

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Most of the ethical problems that arise in international markets are very different than the moral issues encountered in their home countries.

A) True
B) False

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False

Peter Drucker has labeled the expanded global marketplace the


A) moral free space.
B) hypercompetitive economy.
C) transnational economy.
D) multinational competitive sphere.

E) A) and C)
F) None of the above

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Grease payments are all of following except


A) monies given to minor officials
B) get goods through red tape
C) monies given to high ranking officials
D) small sums of money

E) C) and D)
F) A) and C)

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Current standards for SA800 include all the following except


A) certifications.
B) remuneration.
C) management systems.
D) child labor.

E) B) and C)
F) A) and D)

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The position that advocates that an MNC should continue to follow its home country's ethical standards even while operating in another country is known as


A) ethical relativism.
B) ethical egoism.
C) ethical imperialism.
D) ethical hegemony.

E) None of the above
F) All of the above

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Which of the following is not an argument commonly used against bribery?


A) Bribes are inherently wrong.
B) Bribes create dependence on corrupt individuals.
C) Bribes are unfair because foreigners can get them, while U.S. citizens cannot.
D) Once bribes start, they never stop.

E) B) and C)
F) A) and C)

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The Nestlé infant formula case is one in which a normal business practice in the firm's home country proved to be problematic in the host countries.

A) True
B) False

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