Ethical behavior at work is learned by

observing the actions of others.

After developing a code of ethics, it should be communicated to

all employees and everyone with whom the business has dealings.

Ethnocentricity means

you believe your culture is superior to others.

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BME Ch 3 & 4 Quiz

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1
Ethical behavior at work is learned by
observing the actions of others.
tracking the failures of those who are caught in business scandals.
reading about why others were fired from the job.
attending corporate responsibility seminars.
2
Difference between money flowing into a country from exports and money leaving country from imports, etc
Balance of Trade Surplus
Balance of Payments
Balance of Trade
Balance of Cash Flows
3
Making accounting records more transparent to public/ employees may help restore trust in free-market system and leaders
True
False
4
After developing a code of ethics, it should be communicated to
the Attorney General in jurisdictions where the business has operations.
all employees and everyone with whom the business has dealings.
stockholders.
all levels of management.
5
Total value of nation's exports compared to imports over a period of time.
Balance of Trade Surplus
Balance of Trade
Balance of Payments
Balance of Trade Deficit
6
Management can create an environment in which unethical behavior can develop.
False
True
7
Ethnocentricity means
trend toward accepting other cultures. trying foods & religions
"when in Rome, do as the Romans!"
you believe your culture is superior to others.
cultural awareness.
8
Nation can produce good/service more effectively/efficiently than other goods
qualified advantage
comparative advantage
primary efficency
absolute advantage
9
Granting a foreign company the right to manufacture a product or use your firm's trademark in return for a fee
Licensing
Outsourcing
Joint Venture
Contract Manufacturing
10
The standards of Moral behavior
legality
integrity
ethics
responsibility

BME Ch 3 & 4 Quiz Flashcards | StudBud