Ethics in Management

Topics: Ethics, Business ethics, Globalization Pages: 3 (955 words) Published: June 7, 2012
Exam Chapters 9 and 10
1. When operating a business in the current environment, holding on to a promise to run an ethical business can be very challenging. 2. Globalization can be seen to have an upside and a downside. 3. All of the following are arguments advocates use to promote the downside of globalization, except: globalization brings unprecedented improvements in wealth and standards of living. 4. Which of the following is NOT an objective of departmental ethics training? Comparing the ethical issue to the code of ethics. 5. International markets represent all of the following, except: falling stock prices 6. Enforcing ethical behaviors once the cross national boundaries is extremely difficult. 7. Developed nations are countries that enjoy a high standard of living as measured by economic, social, and technological criteria. 8. For an ethical culture to be sustainable, it has to persist within the operational policies of the organization long after public scandal or the latest management buzzword. 9. Which of the following is NOT a characteristic of the market? Patient stockholders 10. Global Compact is a voluntary corporate citizenship initiative endorsing 10 key principles that focus on four main areas of concern: the environment, anticorruption, the welfare of workers around the world, and global human rights. 11. For those advocates of global ethics, this means that a(n) flexible solution has to be found. 12. Any questionable behavior in overseas markets can be explained away using the concept of utilitarianism. 13. When events and/or a fear of future events drive a company, this refers to reactive ethical policies. 14. Which of the following is NOT a consideration in creating a code of ethics from scratch? Get endorsement from management from various levels 15. Transparent organization policies refer to organizations that maintain open and honest communications with all stakeholders. 16. Any questionable...
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