Which commercial transaction in the new world exemplifies the complexity that results when different cultures experiences and ethical codes come into contact?

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Terms in this set (10)

True

Culture and ethics cannot be separated, because ethical norms have been established over time by, and make sense to, people who share the same background, language, and customs

True

During the Industrial Revolution and the postindustrial era, the goal of businesses was to earn as high a profit as possible for shareholders, with little concern for outside stakeholders

False

Even in business, ethics is not about morality but rather about human consumption

True

Unless key leaders have a vision for the organization and themselves, and a path to achieving it, there can be no balance of beliefs about profitability and responsibility, or integration of business with culture

False

Religion's role in business is less certain today; we are perhaps more likely to see a universal, secular code of ethics develop than to see religion serve as common ground for different cultures to come together

humanistic business model

Businesses that wish to achieve the dual goal of human flourishing and responsible profits should model which ethical behavior

the lifestyle characterized by the acquisition of good and services

Which of the following definitions best describes consumerism?

the "purchase" of Manhattan

Which commercial transaction in the New World exemplifies the complexity that results when different cultures, experiences, and ethical codes come into contact?

globalization

South Korean companies like LG and Samsung employ 52000 workers in the United States, and many US companies now manufacture their products abroad. This is an example of ___

the freedom and ability to make choices based on one's perception of right and wrong

Which of the following definitions best describes moral agency?

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Which commercial transaction in the new world exemplifies the complexity that results when different cultures experiences and ethical codes come int?

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What effect does the local culture in which a company is doing business have on ethical practices?

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Which of the following best describes consumerism?

Which of the following definitions best describes consumerism? the lifestyle characterized by the acquisition of goods and services.