Which of the following is the first step in the ethical decision making process

38) Which of the following is the first step of making an ethical decision?A) consulting the International Codes of Conduct for MNEsB) consulting the superiors if clarification is soughtC) consulting the company's code of ethics and established normsD) consulting the laws of both the host and the home countriesAnswer:D

Diff: 2Chapter:2Skill:ConceptObjective:4AACSB:Ethical understanding and reasoning abilities39) Which of the following is the last step of making an ethical decision?B

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Diff: 2Chapter:2Skill:ConceptObjective:4AACSB:Ethical understanding and reasoning abilities

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Strategic Management: Theory & Cases: An Integrated Approach

Hill/Schilling

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40) John, an American national, works as a manager at his firm's subsidiary inIndonesia. A local government official tells John that materials could be delivered tothe firm's facility more quickly if John pays an extra fee to the port supervisor. Whatshould be John's first action?DDiff: 2

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Chapter:2Skill:ApplicationObjective:4AACSB:Analytic skills41) The profitability of individual companies depends on a cooperative andconstructive attitude toward ________.C

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Diff: 2Chapter:2Skill:ConceptObjective:5AACSB:Dynamics of the global economy42) Which of the following MNC subsidiary activities is blamed for rising interestrates in host countries?A) transferring in inappropriate technologyB) dissolving local labor unionsC) raising capital from local sourcesD) filling key jobs with expatriatesAnswer:C

Diff: 2Chapter:2Skill:ConceptObjective:5AACSB:Dynamics of the global economy

43) Which of the following best defines the concept of managing interdependence?A

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Diff: 2Chapter:2Skill:ConceptObjective:5AACSB:Dynamics of the global economy

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Which of the following is the first step in the ethical decision making process? Select one: a. Being socialized into the firm's corporate culture b. Applying a personal moral philosophy in order to individualize the ethical decision making proc C. Recognizing that an ethical issue exists d. Soliciting the opinions of others in a work group or in the overall business in order to gain feed e. Enforcing the firm's ethical standards with rewards and punishment

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