Management Style and Adaptation in International Marketing
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Questions and Answers

Which principle of ethical decision-making focuses on whether the action optimizes the 'common good' or benefits of all constituencies?

  • Rights of the Parties
  • Utilitarian (correct)
  • Strategic philanthropy
  • Justice or Fairness

    • What is the primary focus of the Foreign Corrupt Practices Act?

  • Prohibiting extortion payments
  • Preventing American firms from bribing foreign officials (correct)
  • Encouraging bribery in international business
  • Encouraging ethical decisions in employment practices

    • What does 'subornation' refer to in the context of ethics?

  • Large sums for an illegal act (correct)
  • Payments extracted under duress
  • Providing expertise or products to sponsorship projects
  • Small sums not prohibited by law

    • Which type of payment involves small sums that are not prohibited by law?

    <p>Lubrication</p> Signup and view all the answers

    What type of charitable activity brings benefits back to the organization while supporting a cause?

    <p>Strategic philanthropy</p> Signup and view all the answers

    In which context is bribery considered both a legal issue and influenced by cultural norms?

    <p>Business ethics</p> Signup and view all the answers

    What is the key concept in international marketing related to willingness to change?

    <p>Adaptation</p> Signup and view all the answers

    What does the term 'Exclusives' refer to in the context of business customs and expectations?

    <p>Customs or behaviors that foreigners are barred from participating in</p> Signup and view all the answers

    What are some impacts of American culture on management style based on the text?

    <p>Decisions based on objective analysis</p> Signup and view all the answers

    Which type of decisions involve top-level management according to the text?

    <p>Group decisions</p> Signup and view all the answers

    What poses a significant challenge in cross-cultural negotiations based on the text?

    <p>Bias against female managers</p> Signup and view all the answers

    Which aspect is highlighted as a mistake in management style according to the text?

    <p>Face-to-face communication preference</p> Signup and view all the answers

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