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External stakeholders:


A) are individuals or groups who own the business.
B) include all employees, the board of directors, and stockholders.
C) typically comprise customers, suppliers, lenders, etc.
D) are individuals or groups who work for the business.

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_____ is a French term that refers to honorable and benevolent behavior considered the responsibility of people of high (noble) birth.


A) Bienveillante
B) Honourable
C) Aristocratic
D) Noblesse oblige

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Why are expatriate managers at a greater risk of violating their personal code of ethics?

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Expatriate managers may experience more ...

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Which of the following is an example of an external stakeholder?


A) Employees
B) Customers
C) Stockholders
D) The board of directors

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Describe the five-step process that businesses can use to think through ethical problems.

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Some experts on ethics have recommended ...

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Societal business ethics are divorced from personal ethics.

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Establishing _____ involves a business to resolve to place moral concerns ahead of other concerns in cases where either the fundamental rights of stakeholders or key moral principles have been violated.


A) a veil of ignorance
B) a difference principle
C) moral imagination
D) moral intent

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Discuss the notion of social responsibility. What does it mean for corporations?

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The concept of social responsibility ref...

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The righteous moralist suggests that:


A) ethics are nothing more than the reflection of culture.
B) a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries.
C) the social responsibility of business is to increase profits, so long as the company stays within the rules of law.
D) if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either.

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According to the _____, even if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should maintain the standards of the company's home country.


A) cultural relativist
B) righteous moralist
C) utilitarian
D) naïve immoralist

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