Assignment:
1. The system of values and norms that are shared among a group of people and that when taken together constitute a design for living best defines
- society
- value systems
- principles.
- culture
2. Cultural relativism suggests that:
- a firm should adopt the ethics of the culture in which it is operating.
- the only social responsibility of a firm is to increase profits.
- a firm's ethical policies should remain the same in all cultures.
- a multinational should follow its home-country cultural practices in all the host-countries where it has operations.
3. Countries in which people blindly obey the orders of their superiors have a high:
- Uncertainty avoidance
- Masculinity index
- Power distance
- Individualism index
4. Cultures with low have people who are more willing to accept that risks are associated with the unknown and that life must go on in spite of this.
- Individualism versus collectivism
- Power distance
- Uncertainty avoidance
- Masculinity versus femininity
5. Cultures with a low masculinity indextend to favor earnings, advancement, and challenge.
6. According to the approach, the best decisions are those that produce the greatest good for the greatest number of people.
- naive immoralist
- Friedman doctrine
- Kantian ethics
- utilitarian