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International Business Ethics Quiz

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Questions and Answers

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?

Balancing ethical conduct with government demands 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?

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

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

Rights, welfare, and justice Signup and view all the answers

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

Underpayment, lack of benefits, and unsafe working conditions Signup and view all the answers

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

By complying with minimum legal requirements and market mechanisms Signup and view all the answers

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

Human rights abuses, censorship, and lack of transparency 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?

Constructive engagement Signup and view all the answers

International Business Ethics Quiz

Choose a study mode

Podcast

Questions and Answers

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

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

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

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

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

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

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

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

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

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

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