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Question
Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.In the section about the ethics question "what ought to be?" the authors relate a story about a corporate planning seminar. At the seminar, a speaker told the participants that presidents of large corporations should begin their planning processes with a vision of society, not with where they want their firms to be in 5 or 10 years. Evaluate this advice in light of what you have learned about business ethics.
Answer
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Related questions
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Which of the following conditions is not conducive to the effectiveness of PAC contributions?
A.when the issue is specialized
B.when the issue is narrow
C.when PACs adapt lobbying techniques to their contribution strategies
D.when the issue is highly visible
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PAC contributions are most effective when all of the following conditions prevail except
A.when the issue is less visible.
B.during the early stages of the legislative process.
C.when the issue is unimportant to the member of Congress.
D.when PACs are allied.
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The problem with PACs is
A.their lack of acceptance within the business sector.
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C.their reliance on bribery to influence politicians.
D.their ability to avoid paying taxes.
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The Golden Rule of Politics is
A.do unto others before they do unto you.
B.do unto others as you would want done to you.
C.he who has the gold, rules.
D.do unto others as they would want done to them.
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The Business Roundtable is an association of
A.Fortune 500 companies.
B.CEOs of leading companies.
C.leading consulting firms.
D.human resource executives.
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The National Association of Manufacturers (NAM) has been
A.receiving accolades from its small and medium-sized members for focusing on their particular needs.
B.advocating for protectionist trade policies.
C.having a difficult time recently, with a slow recovery in the manufacturing sector.
D.credited with helping create the gain in manufacturing jobs.
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Which industry was noted for spending more on lobbying than all others?
A.gaming
B.oil
C.pharmaceutical
D.auto
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Lobbying takes place at all of the following levels except
A.umbrella organizations.
B.PACs.
C.trade associations.
D.company lobbying.
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A political strategy for public activism is keeping an issue off the public agenda and out of the limelight.
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Most of the challenges to the Bipartisan Campaign Reform Act were based on the right to free speech.
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Lobbying takes place only at the federal government level.
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One way to resolve ethical conflicts between an MNC's home country and host country is to simply stop doing business in the host country.
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The ethical issues encountered in underdeveloped countries are often more difficult than those found in industrialized nations.
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Most of the ethical problems that arise in international markets are very different than the moral issues encountered in their home countries.
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A.placing ethics ahead of profits as the number one priority.
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C.employing only hypernorms for the MNC's ethical standards.
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