Question 1

______ is a voluntary corporate citizenship initiative endorsing 10 key principles that focus on four main areas of concern: the environment,anticorruption,the welfare of workers around the world,and global human rights.

Accepted Answer

The Global Compact is a voluntary corporate citizenship initiative that endorses 10 key principles focusing on four main areas: the environment, anticorruption, the welfare of workers globally, and global human rights. The other options listed are not relevant to this description.

Question 2

A __________________________ is a country that lacks a high standard of economic,social,and technological infrastructure.

Accepted Answer

The answer of A __________________________ is a country that lacks...

Question 3

Enforcing ethical behaviors once they cross national boundaries is ______.

Accepted Answer

Enforcing ethical behaviors once they cross national boundaries is extremely difficult due to the differences in legal systems, cultural norms, and levels of corruption. It can be challenging to hold individuals or companies accountable for their actions in another country, and there may be limited resources and lack of cooperation from foreign governments.

Question 4

_____________________ nations are countries that enjoy a high standard of living as measured by economic,social,and technological criteria.

Accepted Answer

The answer of _____________________ nations are countries that enjoy a...

Question 5

The _____ chapter of the OECD guidelines lays out specific recommendations,including provisions on human rights,sustainable development,supply chain responsibility,and local capacity building,and,more generally,it calls on enterprises to take full account of established policies in the countries in which they operate.

Accepted Answer

The "General Policies" chapter of the OECD guidelines includes recommendations on human rights, sustainable development, supply chain responsibility, and local capacity building, among other general policies for enterprises.

Question 6

The ______ is a general standard of business practice that applies equally to all countries over and above their local customs and social norms.

Accepted Answer

The global code of ethics is a set of principles and standards for ethical behavior that applies universally across different countries and cultures. It provides a framework for companies to conduct business in an ethical and socially responsible manner, regardless of their local customs or social norms. The other options such as universal accounting standards and cross-border customs practices are more specific to certain areas of business, and the generally accepted business principles may vary depending on cultural and social factors.

Question 7

Critics have argued that the moral temptations of global expansion have simply been ______.

Accepted Answer

The word "temptations" suggests that there are ethical challenges or moral dilemmas that arise when a company expands globally. The word "simply" suggests that the argument being made is that these temptations have not been easy to resist, indicating that they are too strong. Therefore, the best choice is D) too strong.

Question 8

American corporations are accountable for ethical conduct in their home country under the

Accepted Answer

The Foreign Corrupt Practices Act of 1977 (FCPA) is a United States law that prohibits U.S. businesses and individuals from bribing foreign officials to benefit their business interests. It requires American corporations to adhere to ethical conduct and accountability standards in their home country when conducting business overseas.

Question 9

The ____ represent(s)a more governmental approach to the same issues featured in the UN's nongovernmental Global Compact.

Accepted Answer

The OECD Guidelines for Multinational Enterprises represent a governmental approach to the same issues featured in the UN's nongovernmental Global Compact. The guidelines provide recommendations and principles for responsible business conduct, including topics such as human rights, labor rights, environment, and anti-corruption. The OECD is made up of member countries, and the guidelines are not legally binding but serve as a framework for companies to conduct their operations in a responsible manner.

Question 10

All of the following are principles of the Global Compact under the area of environment,EXCEPT _____.

Accepted Answer

The principle listed in option D pertains to the area of anti-corruption, not environment. Therefore, it is the exception. A, B, and C are all principles of the Global Compact under the area of environment.

Question 11

In the pursuit of profit and expansion,MNCs have been guilty of all of the following,EXCEPT:

Accepted Answer

MNCs have been guilty of bribery, pollution, and questionable product quality in their pursuit of profit and expansion. However, the promotion of human rights is not something that they are typically associated with. In fact, MNCs have been criticized for their role in human rights abuses in some cases.

Question 12

Richard DeGeorge's guidelines present a(n)______.

Accepted Answer

Richard DeGeorge's guidelines present an ethical ideal, which serves as a standard or principle to strive towards in ethical decision-making.

Question 13

The OECD guidelines promote principles and standards of behavior in the all of the following areas,EXCEPT:

Accepted Answer

The answer of The OECD guidelines promote principles and standards...

Question 14

The _____ chapter of the OECD guidelines presents the values which underlie the guiding principles,such as their voluntary character,their application worldwide,and the fact that they reflect good practice for all enterprises.

Accepted Answer

The Concepts and Principles chapter of the OECD guidelines describes the values that form the basis of the guiding principles, including their voluntary nature, their global applicability, and their status as best practices for all types of enterprises. The other chapters of the guidelines (Disclosure, General Policies, and Combating Bribery) contain more specific recommendations and guidance for companies.

Question 15

Which of the following is NOT a guideline offered by Richard DeGeorge?

Accepted Answer

Richard DeGeorge does not offer a guideline to seek an economic profit without breaking local laws. Instead, his main focus is on ethical considerations such as respecting human rights and minimizing harm.

Question 16

The ______ is a governmental initiative endorsed by over 30 members and 9 non-members,promoting principles and standards of behavior in the following areas: human rights,information disclosure,anticorruption,taxation,labor relations,environment,competition,and consumer protection.

Accepted Answer

The statement is describing the OECD (Organization for Economic Cooperation and Development) Guidelines for Multinational Enterprises, which is an initiative endorsed by over 30 member countries and 9 non-member countries. The guidelines promote principles and standards of behavior in areas such as human rights, information disclosure, anti-corruption, taxation, labor relations, environment, competition, and consumer protection. The other choices (A, B, D) do not fit the description provided.

Question 17

In a speech to the World Economic Forum on January 31,1999,by UN Secretary General _______,the UN Global Compact became operational in July 2000.

Accepted Answer

The speech was made by Kofi Annan, therefore the correct choice is D.

Question 18

If an organization is committed to ethical business conduct,that commitment should remain constant ______.

Accepted Answer

If an organization is truly committed to ethical business conduct, that commitment should remain constant regardless of their location or the country in which they do business. Ethical behavior should be universal and not dependent on cultural or geographical differences.

Question 19

In _____ the UN Global Compact became operational.

Accepted Answer

The UN Global Compact became operational in 1999 when then-UN Secretary General Kofi Annan officially launched it at the World Economic Forum in Davos, Switzerland.

Question 20

For those advocates of global ethics,this means that a(n)______ solution has to be found,one that provides standards of practice to guide managers as they conduct business across national boundaries.

Accepted Answer

Global ethics require an adaptable approach that can take into account diverse cultural, political, and social contexts. Inflexible, strict, or rigid solutions may not be effective, as they may overlook important nuances and differences in business practices around the world. A flexible approach, on the other hand, allows for a more nuanced and culturally sensitive application of ethical standards.

Quiz 9: Ethics and Globalization