Title: Ethics in International Markets
Course: Demo 1

Q: The field of ethics:
- addresses questions about right and wrong
- attempts to set standards for how humans should act
- defines right and wrong from a religious perspective
A: addresses questions about right and wrong; attempts to set standards for how humans should act

Q: Ethics:
- are influenced by culture, values and beliefs
- often vary in different countries, though some ethical standards are fairly universal
- are absolute and do not vary based on culture
A: are influenced by culture, values and beliefs; often vary in different countries, though some ethical standards are fairly universal

Q: In a global business environment:
- culture influences values and beliefs, which in turn impact ethics
- there may be a difference between ethical standards and actual behavior
- individuals from foreign countries have no ethical responsibilities outside of their own country
A: culture influences values and beliefs, which in turn impact ethics; there may be a difference between ethical standards and actual behavior

Q: Global business ethics have been heavily influenced by principles of equality and individual rights. This results in ethical standards that support:
- individuals having equal opportunities
- employees benefiting financially and socially from their work
- embracing local practices in each country rather than trying to apply global ethical standards
A: individuals having equal opportunities; employees benefiting financially and socially from their work

Q: An American company is sending an employee to negotiate the location for a new plant that it will build in Madagascar. Which of the following are important considerations in determining the best employee to send?
- How will the local culture Madagascar influence the credibility of the employee based on gender and race?
- How much respect does the company already command in the Madgascar, and what type of professional image still needs to be established?
- If local practice in Madagascar suggests that a bribe is required to secure the location, which employees are willing to offer a bribe?
A: How will the local culture Madagascar influence the credibility of the employee based on gender and race?; How much respect does the company already command in the Madgascar, and what type of professional image still needs to be established?

Q: Which of the following are accurate statements about corruption in the global business environment?
- In the United States companies must abide by the Foreign Corrupt Practices Act.
- Foreign companies that do business with the US Government are subject to the Foreign Corrupt Practices Act.
- Every country now enforces strict laws that govern and prevent bribery and corruption.
A: In the United States companies must abide by the Foreign Corrupt Practices Act.; Foreign companies that do business with the US Government are subject to the Foreign Corrupt Practices Act.

Q: Global corruption data from 2010 show that:
- wealthy people are more likely to pay a bribe than poor people
- corruption is becoming less prevalent as global standards become more common
- bribes to police and judges have increased
A: bribes to police and judges have increased