Deck 4: International Ethics

Question 1

The Principles of Responsible Investment (PRI)was developed by the European Union for their member countries.

Answer 1

B

Question 2

Global companies wanting to enter the Japanese market should be aware of the _____________.

Answer 2

Specific examples of countries and/or companies to illustrate your answers can be drawn from the textbook,class discussions,Internet,and/or newspapers and other publications.
Ethical behaviour varies among cultures and there are different philosophies of ethics that can be adopted to implement business objectives.Ethical issues are becoming increasingly important for any company wanting to operate or invest internationally.
A company should not blindly follow the behaviour of other companies is a country where they wish to conduct business but carefully consider which philosophy applies in each context.
Most international companies have a policy for ethics and social responsibility.Today companies search for ways to use both to create value and build competitive advantage.Key CSR issues include labour conditions,human rights,bribery,corruption,fair trade practices,and the environment.

Question 3

Which of the following is one of the most important activities to offset carbon dioxide emissions?

A)Planting trees
B)Using recycled paper
C)Higher taxes on cars
D)Encouraging people to quit smoking

Answer 3

A

Question 4

The environmental impact of greenhouse gases is measured by __________.

A)the number of global companies engaged in sustainable initiatives
B)the carbon footprint of human activity
C)the number of green products in the marketplace
D)world population numbers

Question 5

Different cultures have different acceptable ethical behaviours.

Question 6

Which country is the global leader in "going green"?

A)United States
B)Australia
C)Sweden
D)Germany

Question 7

One important reason why companies pursue "green" initiatives is _____________.

A)to adhere to international laws
B)to appease human rights activists
C)to reduce operating costs
D)to increase bi-lateral trade

Question 8

Multinational organizations have ethical obligations toward all of the following EXCEPT _________.

A)human rights
B)social structure of a culture
C)environmental pollution
D)social sustainability

Question 9

Corporate codes of ethics are _________.

Question 10

Culture often establishes the ____________ on what is considered acceptable and unacceptable behaviours.

Question 11

____________ is a set of moral principles that defines right or wrong for a person or a group.

Question 12

Describe in detail the relationship between ethics,ethical behaviour and why and how companies are developing green products.

Question 13

In cases of human rights abuses,international law states that _________.

A)global companies can be held liable
B)executives of global companies can be held liable
C)only nations can be held liable
D)anyone who works for the company can be held liable

Question 14

The Principles of Responsible Investment (PRI)is a code of conduct developed to encourage companies to behave ethically.

Question 15

An individual with a strong sense of personal ethics is _______ to behave unethically in a business situation.

A)likely
B)less likely
C)more likely
D)more unlikely

Question 16

A code of ethics is a set of __________ established by an organization to help its employees of members behave in accordance with the organization's values and ethical standards.