QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS
)| LATEST VERSIONS | | ALREADY GRADED A+ | 2025/2026
NEWEST EXAM /JUST RELEASED!!
Which company is contributing to the global tragedy of the
commons?
A) a firm exploiting the weak employment standards in a host
nation
B) a firm dumping its chemical wastes directly into a river
C) a firm exploiting the weak intellectual property rights in a
developing nation
D) a neighboring country opposing the introduction of a free
trade area
E) a country denying its citizens basic human rights - ANSWER-
B) a firm dumping its chemical wastes directly into a river
The result of the Convention on Combating Bribery of Foreign
Public Officials in International Business Transactions was to:
,A) make it mandatory for companies to adhere to the pollution
control standards of their home country in all the nations in
which they do business.
B) make bribery of foreign officials a criminal offense but not
consider facilitating payments a criminal offense.
C) make grease payments mandatory in order to obtain
exclusive preferential treatment in a host nation.
D) consider payment of speed money to be moral, but illegal.
E) make it obligatory for companies to adopt a zero-tolerance
approach toward grease payments. - ANSWER-B) make
bribery of foreign officials a criminal offense but not consider
facilitating payments a criminal offense.
Cast Away Electronics paid a sum of $25,000 to an official of a
foreign government to ensure that the company obtained
exclusive preferential treatment for the plant it is building. The
$25,000 can be classified as:
A) customs duties.
,B) excise taxes.
C) speed money.
D) a bribe.
E) repatriation fees. - ANSWER-D) a bribe.
Which of these employees is facing an ethical dilemma?
A) Kyler has felt unsure about a mobile phone he purchased
and has been reading only good reviews about the phone to
console himself.
B) After seeing a whole new collection of televisions at a
store, Corinne is regretting the purchase of an outdated
television she made last month.
C) The manager at Big Wheel Bikes Inc. has to make a
vendor choice between his underqualified brother-in-law and a
highly-experienced, trusted supplier.
D) Renata is responsible for deciding whether she should
upgrade the manufacturing unit with new machines and reduce
costs or retain the impoverished manual labor force.
, E) Jenner has to decide whether the annual profits of the
company should be distributed to the employees as a salary
hike or in the form of nonmonetary benefits. - ANSWER-D)
Renata is responsible for deciding whether she should upgrade
the manufacturing unit with new machines and reduce costs or
retain the impoverished manual labor force.
In a business setting, managers sometimes do not realize they
are behaving unethically, primarily because they:
A) fail to take into account the ethical dimension of business
decisions.
B) ignore business variables such as cost, delivery, and
product quality.
C) have a strong system of personal ethics.
D) abide by the concept of noblesse oblige.
E) believe that social investments made by their companies can
always compensate for their unethical actions. - ANSWER-A)
fail to take into account the ethical dimension of business
decisions.