The Belief That Ethics Are Culturally Determined and That Firms

question 133

Multiple Choice

The belief that ethics are culturally determined and that firms should adopt the ethics of the cultures in which they operate is referred to as _____.

• A)naive moralism
• B)righteous moralism
• C)cultural relativism
• D)the Friedman doctrine

---

Definitions:

Endorphin Release

The process by which the body secretes endorphins, natural painkillers and mood enhancers, in response to stress, pain, or exercise.

Pain Reduction

The process or methods used to decrease or alleviate physical discomfort or pain.

Placebos

Inert substances or treatments that have no therapeutic effect, used as a control in testing new drugs or given to a patient for the psychological benefit rather than for any physiological effect.

Phi Phenomenon

The phi phenomenon is a visual illusion in which stationary objects shown in rapid succession, such as a string of lights, appear to be moving.