Multiple Choice Answers

Question 1
__________ nations are countries that enjoy a high standard of living as measured by economic, social, and technological criteria.
A. Less-developed
B. Developing
C. Developed
D. Less-industrialized

Question 2
Which of the following companies have NOT gotten into hot water over the years for relying on the assumption that “what works here works there”?
A. E*Trade
B. Coca-Cola
C. Bacardi
D. Pepsi

Question 3
International markets represent all of the following EXCEPT:
A. growth.
B. falling stock prices.
C. sources of cheaper resources.
D. cheap labor.

Question 4
A company that operates across multiple national boarders in the provision and sale of products and services is referred to as a(n):
A. conglomerate.
B. international corporation.
C. multinational corporation.
D. Â transnational corporation.

Question 5
For less-developed nations, the concept of globalization has __________ meaning.
A. a similar
B. a different
C. the same
D. no

Question 6
__________ is where your ethical principles are defined by the traditions of your society, personal opinions, and the circumstances of the present moment.
A. Utilitarianism
B. Normative ethics
C. Descriptive ethics
D. Ethical relativism

Question 7
Social and political chaos can generate a bureaucracy that:
A. bears no relation to realty.
B. is self-serving.
C. has a communistic framework.
D. will eventually self-destruct.

Question 8
Globalization can be seen to have:
A. an upside.
B. a downside.
C. an upside and a downside.
D. neither an upside nor a downside.

Question 9
Critics have argued that the moral temptations of global expansion have simply been:
A. sturdy.
B. feeble.
C. too weak.
D. too strong.

Question 10
The __________ is a general standard of business practice that can be applied equally to all countries over and above their local customs and social norms.
A. universal accounting standards
B. global code of ethics
C. international cross border customs practices
D. generally accepted business principles

Question 11
For those advocates of global ethics, this means that a(n) __________ solution has to be found.
A. inflexible
B. strict
C. flexible
D. rigid

Question 12
Which of the following is NOT a guideline offered by DeGeorge?
A. Seek an economic profit without breaking local laws
B. Respect the human rights of their employees
C. Produce more good than harm for the host country
D. Do no intentional harm

Question 13
DeGeorge’s guidelines present a(n):
A. business model.
B. realistic ethical framework.
C. ethical ideal.
D. ethical solution.

Question 14
In the pursuit of profit and expansion, MNCs have been found guilty of all of the following EXCEPT:
A. bribery.
B. pollution.
C. the promotion of human rights.
D. questionable product quality.

Question 15
Enforcing ethical behavior once they cross national boundaries is:
A. extremely difficult.
B. moderately difficult.
C. slightly difficult.
D. relatively easy.

Question 16
__________ is a voluntary corporate citizenship initiative endorsing 10 key principles that focus on four key areas of concern: the environment, anticorruption, the welfare of workers around the world, and global human rights.
A. Corporate Citizenship
B. Global Compact
C. Ethical Expatriatism
D. Global Fellowship

Question 17
The __________ guidelines is a governmental initiative endorsed by over 30 members and 9 nonmembers, promoting principles and standards of behavior in the following areas: human rights, information disclosure, anticorruption, taxation, labor relations, environment, competition, and consumer protection.
A. SEC
B. FOMC
C. OECD
D. World Bank

Question 18
If an organization is committed to ethical business conduct, that commitment should remain constant:
A. in developed countries.
B. in their home country.
C. wherever that business is conducted in the world.
D. in countries with similar ethical beliefs.

Question 19
According to __________, ethical choices should offer the greatest good for the greatest number of people.
A. globalization
B. relativism
C. utilitarianism
D. human rights

Question 20
The UN Global Compact is a voluntary corporate initiative endorsing 10 key principles that focuses on four key areas of concern. Which of the following is NOT one of those areas of concern?
A. Anticorruption
B. Economic growth
C. The environment
D. Human rights