The result of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions was to make it mandatory for companies to adhere to the pollution control standards of their home country in all the nations in which they do business. consider payment of speed money to be moral, but illegal. make grease payments mandatory in order to obtain exclusive preferential treatment in a host nation. make it obligatory for companies to adopt a zero-tolerance approach toward grease payments. make bribery of foreign officials a criminal offense but not consider facilitating payments a criminal offense.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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4) The result of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions was to

  • make it mandatory for companies to adhere to the pollution control standards of their home country in all the nations in which they do business.

  • consider payment of speed money to be moral, but illegal.

  • make grease payments mandatory in order to obtain exclusive preferential treatment in a host nation.

  • make it obligatory for companies to adopt a zero-tolerance approach toward grease payments.

  • make bribery of foreign officials a criminal offense but not consider facilitating payments a criminal offense.

6) Shondra works as a sales representative for Solar Corp. Last year her sales target was $2 million and this year in an aggressive bid for growth, the company increased the sales quota for all its salespeople to $4 million, although the market for Solar Corp.'s product has slowed. In order to meet her target, Shondra bribed an official of a potential customer. The roots of her unethical behavior most likely are the result of

  • national differences in factors of production.

  • unrealistic performance goals.

  • strong personal ethics among employees.

  • varying ethical standards in different nations.

  • cultural differences of countries.

9) While Jaxon realized that his company was allowed to deduct an employee’s wages if they called in sick in the overseas facility he managed, he instead implemented up to ten paid sick days per year for each employee because he felt it was fundamentally the right thing to do. A rights theorist would say that Jaxon is using __________ to make this choice.

  • the tragedy of the common

  • ethnocentrism

11) Mason is an expatriate who was recently moved from a South American location, where his company said he was allowed to make facilitating payments in order to hasten government documentation, to a European location where the company says he needs to find another way to accomplish this task because facilitating payments aren’t allowed. Which of the straw man approaches to ethics does this represent?

  • just distribution

  • the righteous moralist

  • ethnocentrism

  • cultural relativism

  • cultural convergence

  • Sullivan’s principle

  • the difference principle

  • his moral compass

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