International Business Ethics Quiz
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What are the ethical issues multinational corporations and foreign contractors should consider in international business?

  • Maximizing profits at any cost
  • Exploiting cheap labor without any regard for safety
  • Ignoring local laws and regulations
  • Determining wages and standards for working conditions (correct)

    • What are the diverse means and strategies for combating bribery in international business?

  • Implementing strict legal consequences for bribery
  • Encouraging bribery as a norm in certain cultures
  • Creating loopholes for 'small' bribes
  • Establishing transparent business practices (correct)

    • What is the role of global civil society in developing and enforcing ethical guidelines for international business?

  • Promoting corruption and unethical conduct
  • Advocating for ethical business practices (correct)
  • Acting as a passive observer
  • Exerting pressure for profit maximization

    • What are the challenges multinational companies face in dealing with repressive governments?

    <p>Balancing ethical conduct with government demands</p> Signup and view all the answers

    How can a strategy of constructive engagement be applied to operations in countries with a record of human rights abuses?

    <p>By engaging in dialogue and positive interaction while promoting human rights</p> Signup and view all the answers

    What are the moral concepts that offer guidelines for conducting international business?

    <p>Rights, welfare, and justice</p> Signup and view all the answers

    What are the ethical issues in determining wages and standards for working conditions in international business?

    <p>Underpayment, lack of benefits, and unsafe working conditions</p> Signup and view all the answers

    How can multinational corporations and foreign contractors improve wages and working conditions in international business?

    <p>By complying with minimum legal requirements and market mechanisms</p> Signup and view all the answers

    What are the challenges faced by multinational companies in dealing with repressive governments?

    <p>Human rights abuses, censorship, and lack of transparency</p> Signup and view all the answers

    What is the strategy that can be applied to operations in countries with a record of human rights abuses?

    <p>Constructive engagement</p> Signup and view all the answers

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