31) Tokens of appreciation and grease money are considered ________. A) cultural reward systems B) questionable payments C) sales commissions D) business expenses 32) The Foreign Corrupt Practices Act of 1977 was primarily established to ________. A) distinguish between harmless customs and actual bribery B) combat corruption initiated by electronics firms and their subsidiaries C) provide managers with anonymous methods for reporting bribery D) prosecute international extortionists under the U.S. legal system 33) Which of the following prohibits U.S. companies from making illegal payments or other gifts or political contributions to foreign government officials for the purposes of influencing them in business transactions? A) Sherman Antitrust Act B) Robinson-Patman Act C) Wagner Corruption Act D) Foreign Corrupt Practices Act 34) Which of the following was the primary purpose of the Organization for Economic Cooperation and Development Convention on Bribery? A) to establish bribery laws B) to quantify global corruption C) to combat corporate corruption D) to protect corporate bribery whistleblowers 35) One of the primary complaints about the Foreign Corrupt Practices Act is that the legislation ________. A) puts U.S. firms at a competitive disadvantage B) fails to enforce equal punishments on U.S. firms C) encourages U.S. managers to hire local agents D) requires U.S. firms to adhere to host country laws 36) Which of the following shows that employees have understood, and signed off on, the legal obligations regarding bribery and corruption in the countries where they do business? A) having global interdependence B) having a global compliance system C) adhering to globalization D) adhering to commercialization 37) The FCPA allows “grease” payments to facilitate business in a foreign country, if ________. A) the purpose of payment is beneficial to the home country B) the purpose of payment is beneficial to the company C) those payments are lawful in that country D) those payments are a small amount compared to the revenue generated 38) Which of the following is the first step of making an ethical decision? A) consulting the International Codes of Conduct for MNEs B) consulting the superiors if clarification is sought C) consulting the company’s code of ethics and established norms D) consulting the laws of both the host and the home countries 39) Which of the following is the last step of making an ethical decision? A) consulting your superiors if you still need clarification B) following your own conscience and moral code C) consulting the company’s code of ethics and established norms D) weighing stakeholders’ rights 40) John, an American national, works as a manager at his firm’s subsidiary in Indonesia. A local government official tells John that materials could be delivered to the firm’s facility more quickly if John pays an extra fee to the port supervisor. What should be John’s first action? A) consult his supervisor in the U.S. B) discuss the issue with his local agent C) refer to the company’s code of ethics D) consult both American and Indonesian laws
31)
Tokens of appreciation and grease money are considered ________.
A)
cultural reward systems
B)
questionable payments
C)
sales commissions
D)
business expenses
32)
The Foreign Corrupt Practices Act of 1977 was primarily established to
________.
A)
distinguish between harmless customs and actual bribery
B)
combat corruption initiated by electronics firms and their subsidiaries
C)
provide managers with anonymous methods for reporting bribery
D)
prosecute international extortionists under the U.S. legal system
33)
Which of the following prohibits U.S. companies from making illegal payments or
other gifts or political contributions to foreign government officials for the
purposes of influencing them in business transactions?
A)
Sherman Antitrust Act
B)
Robinson-Patman Act
C)
Wagner Corruption Act
D)
Foreign Corrupt Practices Act
34)
Which of the following was the primary purpose of the Organization for Economic
Cooperation and Development Convention on Bribery?
A)
to establish bribery laws
B)
to quantify global corruption
C)
to combat corporate corruption
D)
to protect corporate bribery whistleblowers
35)
One of the primary complaints about the Foreign Corrupt Practices Act is that
the legislation ________.
A)
puts U.S. firms at a competitive disadvantage
B)
fails to enforce equal punishments on U.S. firms
C)
encourages U.S. managers to hire local agents
D)
requires U.S. firms to adhere to host country laws
36)
Which of the following shows that employees have understood, and signed off on,
the legal obligations regarding bribery and corruption in the countries where
they do business?
A)
having global interdependence
B)
having a global compliance system
C)
adhering to globalization
D)
adhering to commercialization
37)
The FCPA allows “grease” payments to facilitate business in a foreign
country, if ________.
A)
the purpose of payment is beneficial to the home country
B)
the purpose of payment is beneficial to the company
C)
those payments are lawful in that country
D)
those payments are a small amount compared to the revenue generated
38)
Which of the following is the first step of making an ethical decision?
A)
consulting the International Codes of Conduct for MNEs
B)
consulting the superiors if clarification is sought
C)
consulting the company’s code of ethics and established norms
D)
consulting the laws of both the host and the home countries
39)
Which of the following is the last step of making an ethical decision?
A)
consulting your superiors if you still need clarification
B)
following your own conscience and moral code
C)
consulting the company’s code of ethics and established norms
D)
weighing stakeholders’ rights
40)
John, an American national, works as a manager at his firm’s subsidiary in
Indonesia. A local government official tells John that materials could be
delivered to the firm’s facility more quickly if John pays an extra fee to the
port supervisor. What should be John’s first action?
A)
consult his supervisor in the U.S.
B)
discuss the issue with his local agent
C)
refer to the company’s code of ethics
D)
consult both American and Indonesian laws
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