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5 Cards in this Set
- Front
- Back
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Most countrieshave a strong orientation toward ethical and legal compliance. |
False,that’s an ethnocentric perspective; in other counties laws may be viewed moresituationally. |
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. Theself-reference criterion is an unconscious reference to one’s own culturalvalues, experience, and knowledge. |
True,We react based on what we experienced over our lifetimes. |
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One of thecritical ethical business issues linked to cultural differences is the questionof whose values and ethical standards take precedence during internationalnegotiations and business transactions. |
True,Ethical standards and values differ from culture to culture, and this can be acritical point in effective business negotiations. Some people believe incultural relativism, which means that the standards of the host country holdsway. However, many MNC’s are legallybound to adhere to the standards of the host country. |
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Multinationalcorporations have identifiable home countries but operate globally. |
False,multinational corporations have no significant ties to any nation or region. |
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Certainfacilitating payments are acceptable under the Foreign Corrupt Practices Act. |
True,A violation of the FCPA occurs when the payments are excessive or are used topersuade the recipients to perform other than normal duties. |
