Chapter 7, 8, 9, 10, 16

question

Community involvement pg 483
answer

1. The first category,______, manifests ?? itself in a wide array of voluntary activities in the community.
question

Involves corporate philanthropy or business giving. pg 483
answer

2. The second category of community involvement…
question

The third sector
answer

3. Business giving is necessary to support what has been called…pg490
question

Third sector
answer

4. Commonly referred to as non-profit organizations, they do not have the distribution of profits to shareholders as one of their major objectives. They exist to meet the needs of the public at large, a particular portion of the public, or the needs and interests of their own members…pg490
question

Business and government receive support through taxes.
answer

5. What is the first two sectors called? pg490
question

Donating the time and talents of its managers & employees,and making financial contributions.
answer

6. In addition to being profitable, obeying the law, and being ethical, a company may create a positive impact in the community by doing what two ways? pg483
question

Leadership, Strategy, Integration, Infrastructure, Performance Measurement, Communication, and Community Relationships
answer

7. There are 6 Standards of Excellence in Corporate Community Invovlement, they are…pg484
question

Benefits to the: Employee, Corporation, and Community
answer

8. What are the 3 benefits of employee volunteerism? pg 485
question

Improve performance. Increase job satisfaction, attitude, and morale. Encourages teamwork. Promotes leadership and skill development. Improves communication between employees, and their supervisors, and across dept.
answer

9. Benefits of employee volunteerism: pg485
question

Financial resources
answer

10. Corporate philanthropy involves primarily the giving of…pg485
question

Business-community relationship, especially the contribution of managerial and employee time and talent.
answer

11. Community involvement focuses on… pg485
question

Zoning regulations, the threat of neighborhood, deterioration, corporate property taxes, the community tax base, and the availability of an adequately trained workforce.
answer

12. Business stake in the community…pg485
question

Knowing the community in which the business resides. Knowing the company’s resources. Selecting projects to support. Monitoring projects.
answer

13. Developing a community action program steps…pg486
question

Who lives in the community? What is its ethnic composition? What is its unemployment level? Are there inner-city problems or pockets of poverty? What are other organizations doing? What are the really pressing social needs of the area? What is the community morale?
answer

14. Know the community: pg486
question

It is necessary to know what is availabe, to what extent it is available, on what terms it is available, and over what period of time it is available.
answer

15. Knowing the company’s resources…pg487
question

The selection of community projects for company involvement grows out of the matching of community stakeholders’ needs with company resources.
answer

16. Selecting projects to support…pg487
question

Monitoring projects
answer

17. It involves review and control. Follow-up is necessary to ensure that the projects are being executed according to plans and on schedule. Feedback from the various steps in the process provides the information management needs to monitor progress….pg487
question

“to love,” “mankind”
answer

18. The word philanthropy comes from the Greek philien & anthropos they mean…pg487
question

A desire to help mankind as indicated by acts of charity; love of mankind.
answer

19. What is philanthropy means?
question

“Business giving.” Charitable, benevolent, or generous.
answer

20. What is the contemporary usage of the word “philanthropy?”…pg487
question

Former Representative Paul Gilmor introduced legislation to require transparency b/c he had sat on corporate boards and observed executives distributing corporate assets to their pet charities while ignoring shareholders. Gillmor passed away in 2007, there is no real closure on the issue of corporate philanthropy transparency has been achieved.
answer

21. Transparency in corporate philanthropy..pg489
question

Churches, museums, hospitals, libraries, private colleges & universities, and performing art groups.
answer

22. The third sector includes…pg490
question

*Charitable*: community giving for which there is little or no expected benefit for the business. *Community Investment*: Gifts that support long-term strategic business goals while also meeting a critical community need. *Commercial*: Giving that benefits the business wherein the benefit is its primary motivation
answer

23. What are the motivations of corporate giving ?…pg490
question

1) Health and human services. 2) Education. 3) Civic & community activities, and 4) Culture and arts
answer

24. What are the four major categories of business giving distributed to?…pg490
question

The environmental groups such as: the World Wildlife Fund, the Nature Conservatory, and Greenpeace. It does not mean that business is unconcerned about environmental issues but that its commitment to the environment is less likely to show up in corporate philanthropy and more likely to be found in daily operations.
answer

25. Which category group receives small percentage of contributions from companies giving? pg491
question

Hospitals, youth agencies, local health and welfare agencies.
answer

26. Health and human services are critical to the welfare of a community, who are the major recipients in this category? pg491
question

YMCA, YWCA, Boy Scouts, Girl Scouts, and Boys and Girls Clubs.
answer

27. Youth agencies include such groups as…pg491
question

United Way
answer

28. Who are the largest categories of business giving donated to federated drives ? pg491
question

Most of the corporate contribution have gone to higher education: colleges and universities, but a growing percentage is going to K-12 programs. K-12 institutions feed into higher education and so strong preparation at those levels is critical to a strong professional pool down the road.
answer

29. Corporate giving to education…pg491
question

Community improvement activities, environment and ecology, nonacademic research organization, and neighborhood renewal.
answer

30. What is the dominant contributions in Civic and Community activities given to support? pg491
question

Community, the nation or the world at large
answer

31. Firms are expected to make charitable donations when crises occur in the firm’s …pg493
question

Base giving on business resources and capabilities to enhance philanthropic outcomes, and focus on philanthropy that will enhance corporate profitability and also make a difference in the community.
answer

32. Two aspects of managing corporate philanthropy…pg493
question

Strategic philanthropy
answer

33. This approach is by which corporate giving and other philanthropic endeavors of a firm are designed in a way that best fits with the firm’s mission, goals, or objectives….pg495
question

Community partnerships
answer

34. This partnership occurs when a for-profit business enters into a cooperative arrangement with a nonprofit organization for their mutual advantage…
question

Cause-related marketing
answer

35. This term was coined by the American Express Co. In 1983 AEx Company agreed to contribute a penny to the restoration of the Statue of Liberty every time a customer used one of its credit cards to make a purchase…pg497
question

Global philanthropy
answer

36. Business want to protect the communities in which they operate, keeping them healthy and environmentally sound…pg498
question

Outsourcing
answer

37. It refers to the relocation of business processes to a different company….pg499
question

Offshore outsourcing or offshoring
answer

38. It refers to the relocation of business process to a different country.
question

New technologies such as high-speed data links and the Internet have made it easier to do white-collar work overseas, where labor is cheaper
answer

39. What are the reasons created by offshore outsourcing…
question

Diversification, New Ownership, Employee Ownership
answer

40. What is the proceedure before the decision to close is made? pg501
question

Employee owned
answer

41. What is a way of avoiding close-down of a company?
question

Conducting a community-impacts analysis; providing advance notice to the employees or community; providing transfer, relocation, and outplacement benefits; phasing out the business gradually; and helping the community attract replacement industry.
answer

42. After the decision to close a business is made, there are several actions that management can take including…pg504
question

Community-impact analysis
answer

43. Identify realistically those aspects of the community that would be affected by the company’s plans.
question

What groups will be affected? How will they be affected? What is the timing of initial and later effects? What is the magnitude of the effect? What is the duration of the impact? To what extent will the impact be diffused in the community?
answer

44. Community-Impact Analysis questions entails asking questions, to minimize the negative impacts of the community…pg504
question

Managers who issued WARN notices found that they had an increase in health and sleep problems, feelings of depersonalization, and a greater intent to quit, with emotional exhaustion playing a role in their difficulties.
answer

45. Who are the forgotten stakeholders? pg506
question

Give them an Advance notice
answer

46. The most responsible for a business or plant closing situation is to provide employees…pg504
question

Worker Adjustment and Retraining Notification Act (WARN)
answer

47. It requires those firms employing 100 or more workers to provide 60 days’ advance notice to employees before shutting down or conducting substantial layoffs is called…
question

$500 per day
answer

48. How much is the penalty if a company failed to give employees adequate notice?
question

1. Action being taken by the employer, which, if successful, would have postponed or eliminated the need for layoffs. 2. unforeseen business circumstances that the employer could not reasonably have foreseen. 3. Natural disasters.
answer

49. What is the only acceptable reasons for a company not providing a 60-day notice?
question

Be complete. Be consistent. Inform affected employees first. Inform retained employees.
answer

50. What is the communication expert, Hugh Braithwaite offers advice on communicating with employees being laid off?
question

Provide employees: Emotional support; Directional support; Tactical support; Informational support.
answer

51. Firms must attend to employees that survived the lay-offs if they are to emerge stronger after job cuts by providing them…pg506
question

Ethics
answer

52. the discipline that deals with moral duty and obligation. It can also be regarded as a set of moral principles or values…pg186
question

Business ethics
answer

53. Concerned with morality and fairness in behavior, actions, and practices that take place within a business context…pg187
question

Descriptive ethics
answer

54. Concerned with describing, characterizing, and studying the morality of a people, an organization, a culture, or a society. also compares and contrasts different moral codes, systems, practices, beliefs, and values…pg187
question

Normative ethics
answer

55. Concerned with supplying and justifying a *coherent* moral system of thinking and judging. Seeks to uncover, develop, and justify basic moral principles that are intended to guide behavior, actions and decisions..pg188
question

Conventional approach; Principles approach; Ethical tests approach
answer

56. Three major CEP approaches ?? to business ethics…pg188
question

Conventional approach??
answer

57. Comparison of decision, behavior, or practice to prevailing norms of acceptability -Based on how common society today views business ethics -Based on ordinary, COMMON SENSE
question

Principles approach
answer

58. Based upon the use of ethics principles to direct behavior, actions, and policies
question

Ethical tests approach
answer

59. Based on short, practical questions or “tests” to guide ethical decision making, behavior and practices…pg188
question

Conventional ??,???; approach to business ethics
answer

60. Based on how common society today views business ethics. Is also based on ordinary, common sense…pg188
question

Ethical egoism
answer

61. It is an ethical principle based on the idea that the individual should seek to maximize his own self-interests as a legitimate factor and this belief is widely held in society.
question

What is? What ought to be? How do we get from what is to what ought to be? What is our motivation in all this?
answer

62. Four important ethics questions..194
question

Immoral management, Moral management, Amoral management.
answer

63. Three models of ethical management pg197
question

Immoral Management
answer

64. Management motives are selfish, it cares only about its own or its company’s gains, just make money, overcome legal barriers, and cut corners pg197
question

Operating strategy of immoral management
answer

65. It focused on exploiting opportunities for corporate or personal gain, cut corners anywhere it appears useful. pg198
question

“Can we make money with this action, or behavior, regardless of what it takes?
answer

66. The key operating question guiding immoral management is…pg198
question

Moral management
answer

67. It conform to highest standards of ethical behavior standards. Strives to operate at a level above what the law mandates…pg200
question

Operating strategy of moral management
answer

68. They live by sound ethical standards, seeking out only those economic opportunities that the organization or management can pursue within the confines of ethical boundaries…pg201
question

Integrity strategy
answer

69. Its characterized by a conception of ethics as the driving force of an organization.
question

1. Descriptive ethics (What is?) 2. Normative ethics (What ought to be?)
answer

70. Two Key Branches of Ethics
question

Amoral management
answer

71. It is not just a middle position on a continuum between immoral and moral management. Conceptually it has been positioned between the other two, but it is different in nature and kind from both. pg 204
question

intentional and unintentional.
answer

72. There are two kinds of amoral management: pg204
question

Business ethics is…
answer

73. Concerned with good and bad or right and wrong behavior and practices that take place within a *business context*. (extra)
question

Intentional Amoral Management
answer

74. Do not factor ethical considerations into their decisions, actions, and behaviors because they believe business activity resides outside the sphere to which moral judgments apply.
question

Compliance Strategy
answer

75. Is more focused on *obedience* to the law as its driving force… pg206
question

Unintentional Amoral Management
answer

76. Do not think about business activity in ethical terms. These managers are simply casual about, careless about, or inattentive to the fact that their decisions and actions may have negative or deleterious effects on others. pg.204
question

Focus on “Self.” Stage 1: reaction to punishment. Stage 2: Seeking of rewards
answer

77. Kohlberg’s level 1: Preconventional level is…pg210
question

Focus on “Others.” Stage 3: Good boy/Nice girl morality. Stage 4: Law and order morality.
answer

78. Kohlberg’s level 2: Conventional level is…pg211
question

Focus on “Humankind.” Stage 5: Social-contract orientation. Stage 6: Universal ethical principle orientation
answer

79. Kohlberg’s level 3: Postconventional level is…pg211
question

Moral development
answer

80. There is a general sequence of three levels (each with two stages) through which individuals evolve in learning to think or develop morally..pg 210
question

Moral imagination
answer

81. It refers to the ability to *perceive* that a web of competing economic relationships is, at the same time, a web of moral or ethical relationships…pg217
question

Moral identification and ordering
answer

82. It refers to the *ability to discern *the relevance or nonrelevance of moral factors that are introduced into a decision-making situation…pg217
question

Moral evaluation
answer

83. It is the practical, decision *phase of moral judgment* and entails essential skills, such as coherence and consistency that have proved to be effective principles in other contexts…pg218
question

Tolerance of moral disagreement and ambiguity
answer

84. It is an extension of a managerial aptitude that is present in practically all decision-making situations managers face.
question

1. reaction to punishment 2. seeking of rewards
answer

85. What are the two stages at the pre-conventional level?
question

3. good boy/nice girl morality 4. law and order morality
answer

86. What are the two stages at the conventional level
question

5. social-contract orientation 6. universal ethical principle orientation
answer

87. What are the two stages at the post-conventional level?
question

1. *Observe* the decision, action, or practice. 2. *Compare* the practice with prevailing norms of acceptability. 3. Must *recognize* that value judgments are being made.
answer

62B. Three key elements of making ethical judgments…pg191
question

Lawyer driven and is oriented not toward ethics or integrity but more toward compliance with existing regulatory and criminal law.
answer

89. The compliance strategy is pg206
question

Deontological theories
answer

90. This theory focuses on duties…pg227
question

Teleological theories
answer

91. This theory focuses on the consequences or results of the actions they produce…pg227
question

Aretaic theories
answer

92. Theories focused on virtue…pg228
question

Principle of utilitarianism
answer

93. The right act is the one that produced with greatest good for the greatest number…pg228
question

Categorical imperative
answer

94. Act only in accordance with that maxim (rule of conduct ??) through which you can at the same time will that it become a universal law.
question

Principle of rights
answer

95. Rights cannot simply be overridden by utility(???), but only by another, more basic or important right…pg229
question

Negative right
answer

96. It is the right to be left alone. It is the right to think and act free from coercion of others…pg230
question

Positive right
answer

97. It is right to something, such as the right to food, to health care, to clean air, to a certain standard of living, or to education…pg230
question

Principle of Justice
answer

98. involves the fair treatment of each person…pg 230
question

Distributive justice
answer

99. It refers to the distribution of benefits and burdens. pg231
question

Compensatory justice
answer

100. It involves compensating someone for a past injustice.
question

Procedural justice or Ethical due process
answer

101. It refers to fair decision-making procedures, practices, or agreements. pg231
question

Process fairness
answer

102. Another ethical due process model which consists of 3 factors: Takes input from employees. Employees believe decisions were made and implemented appropriately Employees believe managers behave appropriately……pg231
question

Rawls’s principle of justice
answer

103. Each person has an equal right, basic liberties compatible with similar liberties for all others. Social and economic inequalities are arranged so that they are both reasonably expected to be everyone’s advantage and attached to positions and offices open to all…pg232
question

virtue ethics
answer

104. It is a system of thought that is centered in the heart of the person, the manager, the employee, the competitor…pg233
question

Servant Leadership
answer

105. It is an approach to ethical leadership and decision making based on the moral principle of serving others first…pg234
question

Persuasion, Awareness, Foresight, Conceptualization, Commitment to the growth of people, Stewardship, Building community.
answer

106. Servant leadership behaviors and characteristics: Listening, Empathy, Healing…..
question

The Golden Rule
answer

107. Do unto others as you would have them do unto you…pg235
question

1. Accepted by most people. 2. Easy to understand. 3. Win-win philosophy. 4. Acts as a compass when you need direction.
answer

108. John c. Maxwell’s Golden Rule… pg235
question

Self Conventionalist Ethic
answer

109. Individuals should act to further their self interest as long as it doesn’t violate the law…pg236
question

The Disclosure Rule
answer

110. If the full glare of examination by associates, friends, family, media, etc were to focus on your decision would you still remain comfortable with it? pg 236
question

The Hedonistic Ethic
answer

111. Virtue is embodied in what each individual finds meaningful. There are no universal or absolute moral principles. If it feels good, do.
question

Ethical tests
answer

112. These “tests” are practical in orientation and do not require the depth of moral thinking that the principles do. pg237
question

Test of Common Sense
answer

113. The individual simply asks, “Does the action I am getting ready to take really make sense?” pg238
question

Test of One’s Best Self
answer

114. This test requires the individual to pose the question, “Is this action or decision I’m getting ready to take compatible with my concept of myself at my best?” pg238
question

Test of Making Something Public (Disclosure Rule)
answer

115. If you are about to engage in a questionable practice, you might pose the following questions: “How would I feel if others knew I was doing this? How would I feel if I knew that my decisions or actions were going to be featured on the national evening news tonight for all the world to see?
question

Test of Ventilation
answer

116. To “expose your proposed action to others and get their thoughts on it. In other words, share your ethical quandary(??; ??), rather than keeping it to yourself. Someone else may say something of value that will help you in making your decision. pg239
question

Test of Purified Idea
answer

117. When an idea is made ‘purified’ by a superior, accountant, or lawyer. The central question is, “Am I thinking this action is right just because someone else says it is?”This is one of the most common ethical errors people make, and people must constantly be reminded that they themselves ultimately will be held accountable if the action is indefensible. pg239
question

Test of the Big Four
answer

118. This action may lead you to astray or toward the wrong course of action: greed, speed, laziness, or haziness??. All four of these factors represent temptations that, if succumbed to, might lead to unethical behavior. pg239
question

Gag Test
answer

119. This test was provided by a judge on the Louisiana Court of Appeals. He argued that a manager’s clearest signal that a dubious decision or action is going too far is when you simply gag at the prospect of carrying it out. pg239
question

Use Several Tests Together
answer

120. If several tests are used together, especially the more powerful ones, they do provide a means of examining proposed actions before engaging in them. pg239
question

Code of Conduct
answer

121. Sets the tone and direction for the entire ethics and compliance program function. pg255
question

Ethics “Hotlines” and Whistle-Blowing Mechanisms.
answer

122. Reporting violations or “blowing the whistle” on wrongdoers. pg257
question

Ethics audits
answer

123. They are intended to carefully review such ethics initiatives as ethics programs, codes of conduct, hotlines, and ethics training programs. pg259
question

Sustainability audit
answer

124. Helps to identify sustainability issues within an organization. pg259
question

Fraud risk assessments
answer

125. They are review processes designed to identify and monitor conditions and events that may have some bearing on the company’s exposure to compliance/misconduct risk and to review company’s methods for dealing with these concerns. pg259
question

Technology
answer

126. It refers to “totality of the means employed to provide objects necessary for human sustenance and comfort.” pg270
question

All the ways people use their inventions and discoveries to satisfy their needs and desires.
answer

127. Technology also refers to… pg270
question

1) It has increased society’s production of goods/services. 2) It has reduced the amount of labor needed to produce goods/services. 3) Enabled greater production with a lesser amount of human labor, and made labor easier and safer. 4) Higher standards of living have been a direct result of laborsaving technology.
answer

128. How technology has benefited society? pg271
question

1) Environment pollution 2) Depletion of natural resources 3)Issue of technological unemployment 4) Creation of unsatisfying jobs
answer

129. What are the main 4 side effects of technology? pg272
question

Technological determinism
answer

130. The imperative that “what can be developed will be developed” pg273
question

Ethical lag
answer

131. Occurs when the speed of technological change far exceeds that of ethical development. pg273
question

1) We favor the quick fix. 2) We fear and worship technology. 3) We blur the distinction between what is real & what is false. 4) We accept violence as normal. 5) We love technology as a toy. 6) We live our lives distanced and distracted.
answer

132. There are 6 symptoms in “High Tech/High Touch”pg274
question

We love technology as a toy; We live our lives distanced and distracted.
answer

133. Symptoms of society’s intoxication: We favor the quick fix; We fear and worship technology; We blur the distinction between what is real & what is false. We accept violence as normal, and… pg274
question

Information technology and biotechnology
answer

134. What are the two areas of technology that significantly touches business either directly or indirectly? pg274
question

Electronic commerce
answer

135. What is the most significant technological phenomena of our day? pg275
question

e-commerce, e-business, Web-based marketing
answer

136. Electronic commerce referred to: pg275
question

Online scams
answer

137. Along with the growth of electronic commerce, business ethics problems have arisen. One major category of problems is… pg275
question

electronic commerce, computer technology in the workplace
answer

138. Two broad areas of information technology:
question

Protection of children; Security of information; Trust
answer

139. Ongoing issues in e-commerce ethics include: Access, Privacy & informed consent and __, __, __ pg275
question

Intellectual property
answer

140. In e-commerce, is illustrated by the ethics of downloading music pg275
question

Privacy and informed consent
answer

141. The novel(???) ways companies place cookies on our computers without informed consent and collect online information and merge it with offline information pg275
question

Protection of children
answer

142. E-commerce makes porn more accessible than traditional business. pg275
question

Security
answer

143. It is a major issue that some are reluctant to do business on the Web for fear their credit card numbers will be intercepted by someone not associated with the e-commerce business. pg276
question

Trust
answer

144. It is the basis for practically all business transactions, and it is especially crucial in e-commerce. pg276
question

Know the community; Know the company’s resources; Selecting projects; Monitoring projects.
answer

Steps to Develop a Community Action Program
question

Cookies & Spam
answer

146. Invasion of Privacy via Electronic Commerce. pg276
question

Cookies
answer

147. They are those little identification tags that Web sites drop on our personal computer hard drives so they can recognize repeat visitors the next time we visit. pg276
question

Spam
answer

148. It is unsolicited commercial e-mail. pg276
question

Chief Privacy Officer (CPO)
answer

149. The primary responsibility is to keep a company out of trouble, whether in a court of law or in the court of public opinion. Developing Internet policies, helping companies avoid consumer litigation, creating methods of handling and resolving consumer complaints pg279
question

Phishing
answer

150. A technique to gain personal information for the purpose of identity theft, usually by means of fraudulent e-mail
question

Improves communication with clients and customers. Relieves job stress.
answer

151. Attitudes toward the benefits of technology in the workplace indicated increasing appreciation, they said that technology.. Expands job-related knowledge Increase productivity during normal work hours, and __, __ pg282
question

Biometrics
answer

152. The use of body measurements, such as eye scans, fingerprints, or palm prints for determining and confirming identity….pg285
question

Surveillance extends beyond companies monitoring e-mail and Internet usage. Other forms of surveillance including monitoring faxes, using video cameras, drug testing, doing online background checks, logging photocopies, and recording phone calls.
answer

153. Other technology issues in the workplace…pg285
question

Web-based pornography; Internet gambling; Web-based downloading of music, movies, & books, etc
answer

154. 3 Categories Questionable Business Practices pg280
question

Causes stress -76% monitor web sites -Monitoring E-mail and internet usage –Easy due to inexpensive technologies –And required by Sarbanes-Oxley Act
answer

155. Surveillance: Companies electronically watching, monitoring, or checking up on employees __, __, __, __, __, etc pg282
question

Biotechnology
answer

156. It involves “using biology to discover, develop, manufacture, market and sell products and services.” pg288
question

Bioethics
answer

157. It has emerged that deals with the ethical issues embedded in the commercial use of biotechnology. pg288
question

Procedurism
answer

158. It involves elaborate protocols being established that ensure that certain classical worries, such as informed consent, are not violated. Focus more on procedures being followed than on ethical content of the decisions. pg289
question

Transnational economy
answer

159. The expanded marketplace that includes all business transactions taking place throughout the world. Trade in goods, a much smaller trade in services, the international movement of labor, and globalization trend explode. pg300
question

Internationalization
answer

160. Exporting, acting as licensor to a foreign company, establishing joint ventures with foreign companies outside the home country, and establishing or acquiring wholly owned business outside the home country. pg301
question

Globalization or Globalism
answer

161. Global economic integration of many formerly national economies into one global economy. pg301
question

NAFTA North America Free Trade Agreement
answer

162. A trade agreement between North America that reduce tariffs, eliminate trade barriers, create a common market, and increase trade/investment.
question

China
answer

163. The pain of NAFTA has been felt most in the midwest, where manufacturing jobs have been lost to Mexico and Canada, now are being lost to…pg303
question

Globalists
answer

164. Strongly advocate open markets with private firms moving free across the globe….pg303
question

Antiglobalists
answer

165. Protest the expansion and greed of corporate global enterprises. Believe globalization is responsible for the destruction of local environments and emerging economies, abuses of human rights, the undermining of local cultures, and the sovereignty of nation-states. pg303
question

Multinational corporations (MNCs)
answer

166. They operate with offices, factories, and headquarters in more than one country. pg304
question

Financial institutions, chemical companies, pharmaceutical companies, mfgs, and service firms represent the kinds of enterprises that may be found operating in the global business environment
answer

167. What is today’s nature of MNCs? pg304
question

Integrity strategy
answer

168. It is characterized by a conception of ethics as the driving force of an organization. It provide common frame of reference and serve to unify different functions, lines of business, and employee groups. pg201
question

Ethical relativism
answer

169. The most serious danger approach where we pick and choose which source of norms we wish to use on the basis of what will justify our current actions or maximize our freedom. A theory that holds that there are no universally accepted ethical standards pg192
question

Therapeutic Cloning
answer

170. Its aim is not procreation but rather the creation of a source of stem cells whose properties make them a possible source of replacement tissue for a wide range of degenerative diseases….pg291
question

Embryonic stem cells
answer

171. The raw materials with which a human body is built.
question

Sweatshops
answer

172. Characterized by child labor, low pay, poor working conditions, worker exploitation, and health and safety violations. pg314
question

Social Accountability International (SAI)
answer

173. It was designed to piggyback on the ISO8000 quality-auditing system of the International Standards Organization (ISO) initiative to improve sweatshop conditions was created by……pg315
question

Alien Tork Claims Act (ATCA)
answer

174. This law allows foreign individuals to sue U.S. firms in U.S. courts for companies’ actions abroad. pg317
question

Corruption
answer

175. Bribe government officials and the giving of questionable political contributions. Kickbacks and protection money for police, free junkets(??) for government officials, secret price-fixing agreements, and insider dealing etc. pg318
question

Bribery
answer

176. It is a practice of offering something (usually money) in order to gain an illicit(???) advantage. pg319
question

Foreign Corrupt Practices Act
answer

177. A law passed by the U.S. Congress in 1977, prohibits U.S. firms from paying bribes to foreign officials. pg319
question

Grease payments
answer

178. Payments to officials for the primary purpose of getting them to do whatever they are supposed to do anyway. ___ are intended to “smooth the way” for getting tasks accomplished and they are not illegal under the Foreign Corrupt Practices Act. pg319
question

Transparency International (TI)
answer

179. A special-interest group founded in 1933 to fight against worldwide corruption. pg322
question

1) the private sector 2) politics 3) public contracting 4) international anti-corruption conventions 5) poverty and development
answer

180. Defined 5 priorities in its fight against worldwide corruption in: pg322
question

The enterprise shall prohibit bribery in any form, whether direct or indirect. The enterprise shall commit to implementing a program to counter bribery
answer

181. TI has established two principles for business striving to root out corruptions: pg322
question

Ethical Imperialism
answer

182. This position holds that the MNC should continue to follow its home country’s ethical standards even while operating in another country. pg326
question

Gray area in which you ethical principles are defined by the traditions of your society, your personal opinions, and the circumstances of the present moment.
answer

183. Ethical relativism
question

Anticorruption movement
answer

184. A growing, recent movement against corruption as global trade and competition, free markets, and democracy have expanded over the past decades.
question

Bhopal tragedy
answer

185. A 1984 industrial accident at a Union Carbide plant in India that killed more than 2,000 people, bringing into focus for multinational corporations the issue of differing safety standards in different parts of the world; legal issues related to the tragedy are still ongoing.
question

Bribe Payers Index (BPI)
answer

186. Annual list published by transparency International that ranks countries in terms of the degree to which international companies with headquarters in those countries are likely to pay bribes to senior public officials in key emerging market economies pg323
question

Caux Roundtable Principles
answer

187. Widely used code of conduct urging companies to, among other things, respect all stakeholders, contribute to social and environmental development, respect laws and conventions, and avoid illicit activities. pg 329
question

Corruption Perception Index (CPI)
answer

188. An annual list published by Transparency International that ranks countries by their perceived levels of corruption, as determined by expert assessments and opinion surveys.
question

Hypernorms
answer

189. Ethical standards that transcend national boundaries. (transcultural values). pg328
question

Widely used code of conduct covering human rights, labor standards, the environment, and anticorruption.
answer

190. special-interest groups committed to halting the expansion of global capitalism and trade. pg329
question

special-interest groups committed to halting the expansion of global capitalism and trade.
answer

191. The backlash against globalization was by ……pg 301
question

1. achieving corporate legitimacy 2. fundamentally differing philosophies that may exist between the firm’s home country and the host country.
answer

192. Firms face two major underlying challenges or problems as they operate in a multinational environment. pg305
question

(1) they are necessary for profits in order to do business (2) everybody does it—it will happen anyway (3) it is an accepted practice in many countries— it is normal and expected and (4) bribes are forms of commissions, taxes, or compensation for conducting business between cultures.
answer

193. Arguments in favor of permitting bribery include the following. pg319
question

(1) bribes are inherently wrong and cannot be accepted under any circumstances; (2) bribes are illegal in the United States and most developed nations and, therefore, unfair elsewhere; (3) one should not compromise her or his own beliefs; (4) managers should not deal with corrupt governments; (5) such demands, once started, never stop; (6) one should take a stand for honesty, morality, and ethics; (7) those receiving bribes are the only ones who benefit; (8) bribes create dependence on corrupt individuals and countries; and (9) bribes deceive stockholders and pass on costs to customers.
answer

194. Arguments frequently cited against giving bribes include the following. pg319
question

The UN Convention against Corruption (UNCAC)
answer

195. Was created to develop a global language about corruption and a coherent implementation strategy. pg324
question

(1) global codes of conduct, (2) linking ethics with global strategy, (3) suspension of business activities in certain countries, and (4) ethical impact statements and audits.
answer

196. Four major strategies or categories of action that could help MNCs conduct global business while maintaining an ethical sensitivity in their practices include…..pg328
question

Public Integrity Index
answer

197. It assesses the institutions and practices that citizens can use to hold their governments accountable to the public interest. This index does not measure corruption itself, but rather the opposite of corruption: the extent of citizens’ ability to ensure their government is open and accountable. pg 323
question

Global Business Standards (GBS) Codex
answer

198. It was not intended to be a model code of conduct for global business, but a benchmark for companies wanting to develop their own world-class code. pg329
question

Ethical impact statements
answer

199. An attempt to assess the underlying moral justifications for corporate actions and the consequent results of those actions. The information derived from these actions would permit the MNCs to modify or change their business practices if the impact statement suggested that such changes would be necessary or desirable. pg333
question

FCPA, the OECD Antibribery Convention, and the UNCAC.
answer

200. Steps taken by the US & other major countries to address the issues of corruption & bribery include the…

Get instant access to
all materials

Become a Member