Ethical Management in a Global Setting
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Ethical Management in a Global Setting

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Questions and Answers

What is a common ethical dilemma faced by foreign-assigned managers?

  • Meeting local cultural expectations
  • Handling requests for bribes from officials (correct)
  • Dealing with employee performance issues
  • Managing company budgets

    • What approach should private enterprises adopt regarding corruption?

  • Adopt flexible ethical standards based on regional practices
  • Conduct a periodic review of corruption policies to align with industry norms
  • Trust the domestic laws of each country
  • Implement their own strict internal policies (correct)

    • In collectivist cultures, how might direct communication be perceived?

  • As a valued communication style
  • As brash and unseemly (correct)
  • As an effective negotiation tactic
  • As respectful and diplomatic

    • What is a significant challenge expatriate managers face when posted to a different country?

    <p>Managing local vendors without offending them</p> Signup and view all the answers

    What is often a significant obstacle to effective business communication in a foreign country?

    <p>Relying on translators</p> Signup and view all the answers

    What crucial skill must expatriate managers develop to be successful in cross-cultural environments?

    <p>Cultural intelligence (CQ)</p> Signup and view all the answers

    In collectivist cultures, which factor is generally considered more important than individual behavior?

    <p>Family and personal relationships</p> Signup and view all the answers

    What should one avoid assuming about individuals from a particular culture?

    <p>They all share the same beliefs and preferences</p> Signup and view all the answers

    What psychological phenomenon influences how we perceive cultural information?

    <p>Selective Perception</p> Signup and view all the answers

    Which factor is most likely to hinder the effectiveness of an expatriate manager?

    <p>Insufficient knowledge of the local language</p> Signup and view all the answers

    Which situation might someone from a collectivist culture not find problematic?

    <p>Hiring a family member without experience</p> Signup and view all the answers

    What is a potential outcome of assuming behavioral consistency among individuals from the same culture?

    <p>Oversimplification of individual personalities</p> Signup and view all the answers

    What can expatriate managers do to better adjust to the new culture?

    <p>Participate in cultural training programs</p> Signup and view all the answers

    What is one of the implications of managing with ethics in a global context?

    <p>It involves navigating varying ethical perceptions</p> Signup and view all the answers

    What can familiarity with a culture lead to in terms of interpersonal dynamics?

    <p>Carelessness in interactions</p> Signup and view all the answers

    When negotiating across cultures, which concept is critical to understand?

    <p>The dynamic nature of frameworks</p> Signup and view all the answers

    What does the concept of the Cultural Chameleon encompass?

    <p>A combination of knowledge, motivation, and willingness to act</p> Signup and view all the answers

    Which of the following is NOT listed as a key aspect of supporting freedom of association in labor?

    <p>Support for financial independence of workers</p> Signup and view all the answers

    How should managers approach cultural assumptions when dealing with individuals from different cultures?

    <p>By recognizing individual differences and avoiding generalizations</p> Signup and view all the answers

    In addressing corruption, what should managers primarily rely on?

    <p>The established guidelines of their firm</p> Signup and view all the answers

    Which initiative is NOT part of promoting environmental responsibility in the workplace?

    <p>Mandatory overtime for employees in manufacturing</p> Signup and view all the answers

    What is essential for managers when deciding ethical boundaries in a foreign context?

    <p>Respecting cultural traditions while understanding context</p> Signup and view all the answers

    Which principle emphasizes respect for the culture and traditions of a host nation in transcultural corporate ethics?

    <p>Inviolability of national sovereignty</p> Signup and view all the answers

    What role do international laws play for companies operating abroad, according to the content?

    <p>They are often seen as obstacles to business conduct.</p> Signup and view all the answers

    Which of the following is NOT one of the four principles of transcultural corporate ethics?

    <p>Transparency in leadership decisions</p> Signup and view all the answers

    Which principle relates specifically to the call for equal pay across genders and ethnic groups?

    <p>Social equity</p> Signup and view all the answers

    What does the principle of 'Market Integrity' prevent in business transactions?

    <p>Bribery and political payments</p> Signup and view all the answers

    What is a common commitment among businesses that have pledged to the UN Global Compact?

    <p>Noncomplicity in human rights abuses</p> Signup and view all the answers

    What is a significant challenge in understanding international business ethics?

    <p>The diverse perspectives and regulations across cultures</p> Signup and view all the answers

    Study Notes

    Ethical Management in a Global Setting

    • Challenges of managing in a foreign country:
      • Cultural differences: Navigating unfamiliar customs and norms.
      • Language barriers: Communicating effectively across linguistic divides.
      • Ethical thresholds: Understanding and adhering to ethical standards in the host country.
      • Corruption: Dealing with bribery and other forms of corruption.

    Cultural Intelligence (CQ)

    • CQ is essential for success in international business:
      • It enables individuals to effectively navigate diverse cultural situations.
      • It involves understanding the host culture, adapting behavior accordingly, and building relationships with local individuals.

    Cultural Sensitivity

    • Avoid generalizations and assumptions:
      • Treat each individual as unique, regardless of their cultural background.
      • Recognize that cultural norms may not apply to everyone in a specific culture.
      • Be cautious about relying on cultural stereotypes.

    Cross-cultural Negotiations

    • Negotiation styles vary between cultures:
      • Individualistic cultures: Prefer direct and assertive communication.
      • Collectivist cultures: Emphasize harmony and indirect communication.
      • Understanding cultural nuances is crucial for successful negotiations.

    Corruption Abroad

    • Dealing with corruption is a significant ethical dilemma:
      • Varying legal frameworks: Some countries have strong anti-bribery laws, while others have limited or no such regulations.
      • Best practices: Follow your organization's guidelines and internal policies to navigate these situations.
      • Ethical responsibility: Recognize that ethical values are universal, even in environments where corruption is more prevalent.

    Transcultural Corporate Ethics

    • Four key principles:
      • Respect for national sovereignty: Recognize the host country's cultural traditions and economic development.
      • Social equity: Ensure fair treatment and equal opportunities for all individuals.
      • Market integrity: Promote ethical business practices and discourage corruption.
      • Human rights: Uphold the inherent worth and dignity of all human beings.

    International Agreements

    • Shared principles for ethical business conduct:
      • The UN Global Compact includes 10 shared principles for member states.
      • These principles cover human rights, labor standards, the environment, and anti-corruption.

    Key Takeaways

    • Cultural chameleon: Successful managers develop cultural intelligence, adapt to different cultures, and gain respect through language skills and cultural sensitivity.
    • Ethical principles: Managers must differentiate between cultural practices and core values.
    • Respect for cultural differences: Respect cultural traditions while upholding ethical values.
    • Transcultural corporate ethics: These guidelines provide a framework for ethical decision-making in global business environments.

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    Related Documents

    Business Ethics Chapter 9 PDF

    Description

    This quiz explores the challenges of managing ethically in international business. It focuses on cultural differences, language barriers, and the importance of cultural intelligence and sensitivity in a foreign context. Test your understanding of these essential concepts for successful global management.

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