Question : 91.Maverick Stars Inc., a U.S. based multinational company, applies its : 1299271

91.Maverick Stars Inc., a U.S. based multinational company, applies its home-country standards of employment and production in its manufacturing facilities located in some less-developed host nations. In this context, the company is most likely to be criticized for:  

A. applying low standards of business ethics in its host nations.

B. exploiting the national differences in factors of production.

C. opposing ethnocentrism and righteous moralism.

D. nullifying the reasons for investing in those countries.

E. adopting cultural relativism as its approach to ethics.

92.A multinational corporation that adopts naive immoralist approach to ethics will most likely:  

A. lack cultural sensitivity.

B. demonstrate moral imperialism.

C. be highly ethical in its business in a host nation irrespective of the ethical standards followed by other corporations in that host nation.

D. believe that, in a host country, any action is ethically justified if everyone is doing it.

E. demonstrate a high degree of ethnocentrism.

93.An American manager of a multinational company who is working in one of the company’s production plants located in the country of Cadmia, employs child labor at the manufacturing unit he is in charge of. On being criticized as unethical, the manager argues that such actions are ethically defensible because everyone in Cadmia is doing it. Which of the following straw men approaches to ethics is most likely demonstrated by the manager?  

A. Utilitarianism

B. The righteous moralist

C. The naive immoralist

D. Kantian Ethics

E. Ethnocentrism

94.Which of the following statements is true about the utilitarian approach to business ethics?  

A. It holds that an action is judged desirable if it leads to the maximization of stockholders’ wealth.

B. The best decisions, from a utilitarian perspective, are those that produce the greatest profits for businesses.

C. It recognizes that a business should pursue only those actions where the social benefits outweigh the costs.

D. It asserts that managers should not follow ethical norms if they see that others firms are also not following them.

E. It fails to consider the idea that actions have multiple consequences.

95.The utilitarian philosophy for business ethics primarily focuses on:  

A. applying home-country standards of ethics in foreign countries.

B. adopting the ethics of the culture in which a business operates.

C. maximizing business profits by increasing employee productivity.

D. ensuring justified treatment of any minority.

E. weighing the benefits, costs, and risks associated with a course of action.

96.The _____ approach to ethics holds that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences.  

A. ethnocentric

B. utilitarian

C. cultural relativist

D. naive immoralist

E. righteous moralist

97.The best decisions, from a utilitarian perspective, are those that:  

A. maximize a firm’s profit.

B. maximize stockholders’ wealth.

C. have greater social costs than benefits.

D. produce the greatest good for the greatest number of people.

E. result in the justified treatment of a minority.

98.Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost–benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action?  

A. Naive immoralism

B. Friedman doctrine

C. Ethnocentrism

D. Utilitarianism

E. Righteous moralism

99.Which of the following is a drawback of the utilitarian approach to business ethics?  

A. It omits the consideration of justice.

B. It fails to consider the benefits, costs, and risks of a course of action.

C. It advocates moral imperialism and ethnocentrism.

D. It overemphasizes the significance of maximization of stockholder wealth.

E. It recognizes that actions have multiple consequences.

100.Which of the following philosophies of ethics holds that people should be treated as ends and never purely as means to the ends of others?  

A. Kantian ethics

B. The Friedman doctrine

C. Cultural relativism

D. Righteous moralism

E. Naive Immoralism