Question

Answer in true or false; please and thank you

1. An ethical advocate is assigned the specific role of critical questioner, and may also be asked to sit in on top-management decision deliberations.
2. An ethnocentric German CEO would insist that German be spoken in all the firm's worldwide offices.
3. "Honesty is the best policy" is an instrumental value, because it is an enduring belief in a certain way of behaving.
4. In polychronic cultures, everyone is assumed to be on the same clock and time is treated as money.
5. There is a growing concern about the prospect of immense "stateless" transnational companies because of unresolved political, economic, and tax implications.
6. Amoral managers are neither moral nor immoral, but indifferent to the ethical implications of their actions.
7. According to research, the most effective way of getting managers to behave ethically is to simply tell them to be good and act professionally.
8. Spoken and written words convey comparatively little meaning in low-context countries.
9. According to research, detailed ethics codes actually hinder managers from dealing swiftly and effectively with employee misconduct.
10. A major ethical problem for managers is pressure from below.
11. A transnational company, by definition, is a multinational venture centrally managed from a specific country.
12. If an organization is competing successfully in a dynamic global economy, its managers do not need cross-cultural awareness.
13. Managers who believe in enlightened self-interest think that ultimately the best way to help themselves is to help create better society.
14. The general ethical principle of "self-interests" states that we should not take any action in which the least fortunate among us are harmed in some way.
15. According to Adam Smith, the public interest was served by individuals pursuing their own self-interests.
16. Licensing agreements in foreign countries provide companies with the necessary authorization to produce and/or market a given product within a specified territory in return for a fee.
17. Societal culture acts as a social glue which is made up of norms, values, attitudes, role expectations, taboos, symbols, heroes, beliefs, morals, customs, and rituals.
18. Opponents of social responsibility argue that a better society means a better environment for doing business.
19. International managers who are in doubt about which leadership style to use in a foreign country are advised to use an authoritarian style.

Answer 1

1. True

Reason: An ethical advocate is a business ethics specialist who is a full-fledged member of the board of directors and acts as the board's social conscience. He can also sit in on top management decision deliberations as the idea is to assign the role to someone who is a critical questioner.

2. True

Reason: An ethnocentric is a person who believes that one's own group is superior than others. He/She shows a lack of respect towards other's cultures and beliefs.

3. True

Reason: Instrumental values refers to enduring belief in a certain way of behaving. Thus, 'Honesty is the best policy' is an instrumental value.

4. False

Reason: Polychromic cultures like to do multiple things at the same time. Monochromic cultures value time as money. They do just one thing at a time, value orderliness and believe that there is an appropriate time for everything.

5. True

Reason: The unresoved political, economic and tax implications is a major concern for the stateless transnational companies.

6. True

Reason: Managers who are neither moral nor immoral but ethically lazy are called Amoral Managers.

7. True

Reason: Yes, to tell the managers to act responsibly make them to behave in an ethical manner, mostly.

8. False

Reason: Spoken and written words convey much meaning in low-context countries. Low-context communication is explicit and direct, thus the spoken and wriiten words are very important.

9. True

Reason: A lot of ethics codes make it difficult for the company employees and managers to communicate effectively.

10. True

Reason: Sometimes, coordinating with the subordinates make it difficult for the managers to behave ethically.

11. False

Reason: A transnational company is a global network of productive units with a decentralized authority structure and no distinct national identity. It does not consider any particular country as it's base, home or headquarters.

12. False

Reason: In a dynamic global economy, it's managers need to have competencies of successful global managers such as cultural self-awareness, cross-cultural management etc.

13. True

Reason: Yes, the managers who believe in enlightened self interest think that ultimately the best way to help themselves is to help create better society. He aims to solve societal problems to become happy on his own.

14. True

Reason: Yes, the principle of 'self-interest' states that one should not take any action in which the least fortunate among us are harmed in some way.

15. True

Reason: Economist Adam Smith studied self-interest and its positive influence on public interest.

16. True

Reason: Licensing involves obtaining permission from a company or a licensor to manufacture and sell one or more of its products within a defined market area in exchange for a fee.

17. True

Reason: Societal culture acts as a social glue made up of norms, values, attitudes, heroes, beliefs, morals etc.

18. False

Reason: The proponents of social responsibility argue that a better society means a better environment for doing business. It is an argument in favour of Corporate Social Responsibilty.

19. False

Reason: International managers should not use authoritarian style as a leadership style as it indicates autocratic leaders who have little confidence in their subordinates. Through authoritarian style,the company will not get success in terms of intenal relations and management.