AGB 302 quiz 2&3 questions with 100% correct answers 2023

According to the Friedman Doctrine: - Answer-businesses should not undertake social expenditures beyond those mandated by the law and required for the efficient running of a business. Which of the following sociologists made a connection between Protestant ethics and the spirit of capitalism? - Answer-Max Weber Companies can strengthen the _______ of employees by committing themselves to not retaliate against employees who complain about unethical actions - Answer-moral courage Child labor is permitted and widely employees in Country X. A multinational company entering Country X decides to employ minors in its subsidiary, even though it is against the multinational's home-country ethics. Which of the following approaches to business ethics would justify the actions of the multinational company? - Answer-cultural relativism A firm's _______ include customers, suppliers, and lenders. - Answer-external stakeholders Which of the following refers to the values and norms that the employees of an organization share? - Answer-organization culture a situation in which none of the available alternative seems morally acceptable is called: - Answer-an ethical dilemma for international businesses, the connection between culture and competitive advantage is important because: - Answer-a strong connection is likely to produce the most viable competitors the ______ approaches to ethics hold that the moral worth of actions or practices is determined by their consequences - Answer-utilitarian which of the following statements is true about class system - Answer-social mobility within a class system varies from society to society there are 3 values central to the confucian system of ethics that have very import economic implications. which one of these? - Answer-honesty in dealings with others