Course Business Ethics
Test Module 8 Quiz
   
   
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Attempt Score 20 out of 20 points
   
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  • Question 1

2 out of 2 points

The practice of charging high prices for products sold in home markets while selling the same products in foreign markets at low prices, which do not cover all costs of exporting, is known as
Selected Answer: 5.

dumping.

  • Question 2

2 out of 2 points

Culture is defined as
Selected Answer: 1.

All of these make up culture.

  • Question 3

2 out of 2 points

____ allows for private ownership of property and also features a large government equipped to offer such services as education and health care to its citizens
Selected Answer: 2.

Social democracy.

  • Question 4

2 out of 2 points

Which of the following is not a step in forming an effective global code of conduct?
Selected Answer: 2.

Use the same code of conduct you would for a domestic firm.

  • Question 5

2 out of 2 points

____ occurs when the middle class shrinks, resulting in highly concentrated wealth amongst the rich, and a large number of poor people with very few resources.
Selected Answer: 4.

Bimodal wealth distribution

  • Question 6

2 out of 2 points

Business transactions across national boundaries are called
Selected Answer: 3.

global business.

  • Question 7

2 out of 2 points

The growth of the Internet and differing laws between countries has led to an increase in concern for the human right of
Selected Answer: 2.

privacy.

  • Question 8

2 out of 2 points

____ assumes that humans may not act rationally because of genetics, learned behavior, and heuristics.
Selected Answer: 4.

Behavioral economics

  • Question 9

2 out of 2 points

Risk compartmentalization occurs when
Selected Answer: 1.

various profit centers within an organization become unaware of the consequences of their actions on the firm as a whole.

  • Question 10

2 out of 2 points

Which of the following statements about multinational corporations (MNCs) is false?
Selected Answer: 4.

MNCs are inherently unethical.