Download AGB 302 Quiz 2 | Questions with 100% Correct Answers | Updated & Verified and more Exams Marketing in PDF only on Docsity! AGB 302 Quiz 2 | Questions with 100% Correct Answers | Updated & Verified 1. a japanese executive's ritual of presenting a business card to a foreign business executive is an example of _____________ - Correct answer folkways 2. the values and norms of a society influence ________ - Correct answer social structure 3. ______________ is a consequence of the emphasis on individual performance in many Western societies - Correct answer high degree of managerial mobility 4. the _________ is a closed system of stratification in which social position is determined by the family into which a person is born and change in that position is usually not possible during an individual's lifetime - Correct answer caste system 5. social mobility within a ________________________ varies from society to society - Correct answer class system 6. ethical systems are - Correct answer a set of moral principles, or values, that are used to guide and shape behavior 7. what sociologist made a connection between protestant ethics and "the spirit of capitalism"? - Correct answer Max Weber 8. according to islam, those who hold property are regarded as ______________ - Correct answer trustees 9. what is one of the central values to the confucian system of ethics that have very important economic implications? - Correct answer rule-based law 10. for international businesses, the connection between culture and competitive advantage is important because: - Correct answer a strong connection is likely to produce the most viable competitors 11. companies can strengthen the _____________ of employees by committing themselves to not retaliate against employees who complain about unethical actions - Correct answer moral courage 12. a firm's __________ includes customers, suppliers, and leaders - Correct answer external stakeholders 13. the ______________ approaches to ethics hold that the moral worth of actions or practices is determined by their consequences - Correct answer utilitarian 14. the ______________ occurs when a resource is shared by all, but owned by no one, is overused by individuals, resulting in it's degradation - Correct answer tragedy of the commons 15. The convention on combating bribery of foreign public officials in international business transactions excludes: - Correct answer facilitating payments made to expedite routine government action 16. a situation in which none of the available alternatives seems morally acceptable is called - Correct answer an ethical dilemma 17. __________________ refers to the values and norms that the employees of an organization shares - Correct answer organization culture 18. according to the friedman doctrine: - Correct answer businesses should not undertake social expenditure beyond those mandated by the law and required for the efficient running of a business 19. child labor is permitted and widely employed 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. ____________ approaches to business ethics would justify the actions of the multinational company - Correct answer cultural relativism
