Podcast
Questions and Answers
What is a potential consequence of prioritizing profit above ethical standards in international business?
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?
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?
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?
How are ethical dilemmas in international management often characterized?
What is a key challenge in establishing universal ethical standards in international business?
What is a key challenge in establishing universal ethical standards in international business?
What role does cultural relativism play in ethical decision-making for international businesses?
What role does cultural relativism play in ethical decision-making for international businesses?
Which of the following best describes the relationship between business ethics and CSR?
Which of the following best describes the relationship between business ethics and CSR?
Which situation exemplifies a potential ethical conflict in international management?
Which situation exemplifies a potential ethical conflict in international management?
What is the primary focus of utilitarianism?
What is the primary focus of utilitarianism?
How does utilitarianism influence business decision-making?
How does utilitarianism influence business decision-making?
Which ethical framework emphasizes the importance of character in moral actions?
Which ethical framework emphasizes the importance of character in moral actions?
What is a key characteristic of Eastern philosophy compared to Western philosophy?
What is a key characteristic of Eastern philosophy compared to Western philosophy?
What distinguishes consequentialism from other ethical theories?
What distinguishes consequentialism from other ethical theories?
In international management, what role do ethical frameworks play?
In international management, what role do ethical frameworks play?
Which statement best describes utilitarianism's evaluation of actions?
Which statement best describes utilitarianism's evaluation of actions?
What foundational aspect does Kantianism focus on in moral reasoning?
What foundational aspect does Kantianism focus on in moral reasoning?
Flashcards
Ethical Behavior in Business
Ethical Behavior in Business
Acting morally in business, avoiding future economic and environmental setbacks and contributing to success.
Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR)
Voluntary actions by a company benefiting society beyond legal requirements.
Cultural Relativism
Cultural Relativism
Ethical standards are relative to the culture creating them.
Ethical Dilemmas (Intl. Business)
Ethical Dilemmas (Intl. Business)
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Kantian Philosophy
Kantian Philosophy
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Universal Ethical Standards
Universal Ethical Standards
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Ethical Decision Making (Intl. Business)
Ethical Decision Making (Intl. Business)
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Cultural Differences (Ethics)
Cultural Differences (Ethics)
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Utilitarianism
Utilitarianism
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Consequentialism
Consequentialism
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Kantianism
Kantianism
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Virtue Ethics
Virtue Ethics
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Eastern Philosophy
Eastern Philosophy
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Western Philosophy
Western Philosophy
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Cost-benefit analysis
Cost-benefit analysis
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International Management
International Management
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