Which of the Following Statements Is True Regarding Effects of National

question 49

Multiple Choice

Which of the following statements is true regarding effects of national culture on organizational culture and ethical behavior within an organization?

• A) As compared to managers in U.S., managers in developing economies are less likely to see ethical decisions as embedded in a social environment.
• B) Organizations can safely ignore local culture while establishing its operation in another country.
• C) Generally, U.S. managers see bribery, nepotism, and favoring personal contacts as highly unethical.
• D) Organizational cultures rarely reflect national culture.
• E) Most of the U.S. managers do not view profit maximization as a moral obligation.

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Definitions:

Bid-rigging

A form of fraud in which competitors agree in advance who will win a bidding process, thus undermining the competition.

Misleading Advertising

Advertising that deceives or is likely to deceive the consumer, often leading to an incorrect understanding or decision.

Competition Act

A law designed to preserve and promote competition and to protect consumers from anti-competitive practices by companies.

Money-back Guarantee

A pledge to refund a customer's payment if the product or service does not meet the advertised standards or expectations.