International Business Ethics Quiz
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Questions and Answers

What is a potential consequence of prioritizing profit above ethical standards in international business?

  • Exploitation of local differences (correct)
  • Increased employee satisfaction
  • Enhanced corporate reputation
  • Positive consumer responses

    • What does Corporate Social Responsibility (CSR) primarily focus on?

  • Voluntary actions that benefit society (correct)
  • Maximizing shareholder profits
  • Actions that strictly comply with legal requirements
  • Adhering to cultural ethical standards

    • Which ethical theory emphasizes that the motivation behind actions is crucial for evaluating moral worth?

  • Virtue ethics
  • Utilitarianism
  • Social contract theory
  • Kantian philosophy (correct)

    • How are ethical dilemmas in international management often characterized?

    <p>By conflicts between local and business-related ethical standards</p> Signup and view all the answers

    What is a key challenge in establishing universal ethical standards in international business?

    <p>Differing cultural views and norms</p> Signup and view all the answers

    What role does cultural relativism play in ethical decision-making for international businesses?

    <p>It suggests local adaptation of ethical standards.</p> Signup and view all the answers

    Which of the following best describes the relationship between business ethics and CSR?

    <p>They are complementary elements of a company’s social profile.</p> Signup and view all the answers

    Which situation exemplifies a potential ethical conflict in international management?

    <p>Exploiting lax labor laws in host countries</p> Signup and view all the answers

    What is the primary focus of utilitarianism?

    <p>Maximizing overall well-being for the greatest number</p> Signup and view all the answers

    How does utilitarianism influence business decision-making?

    <p>By aligning with cost-benefit analysis practices</p> Signup and view all the answers

    Which ethical framework emphasizes the importance of character in moral actions?

    <p>Aristotelian Virtue Ethics</p> Signup and view all the answers

    What is a key characteristic of Eastern philosophy compared to Western philosophy?

    <p>View of individuals as part of the universe</p> Signup and view all the answers

    What distinguishes consequentialism from other ethical theories?

    <p>It focuses solely on the consequences of actions.</p> Signup and view all the answers

    In international management, what role do ethical frameworks play?

    <p>They provide different approaches to moral dilemmas.</p> Signup and view all the answers

    Which statement best describes utilitarianism's evaluation of actions?

    <p>Actions are right if they maximize utility for the majority.</p> Signup and view all the answers

    What foundational aspect does Kantianism focus on in moral reasoning?

    <p>Universal moral principles</p> Signup and view all the answers

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