Question: 11. ABCD, a multinational professional service network, is looking for a discipline-related code of conduct to improve the company's ethical behavior. The CEO of ABCD
11. ABCD, a multinational professional service network, is looking for a discipline-related code of conduct to improve the company's ethical behavior. The CEO of ABCD has in mind a set of rules-based standards for simple comparisons of financial statement data between companies and decreased likelihood of accounting-related lawsuits. Which type of discipline-related codes does this scenario relate to?
12. Profesh, a fast-fashion clothing brand, works with 200 factories around the globe to produce its apparel. Various regions, however, have differing standards related to child labor and forced labor. For example, an audit uncovered child laborers within one of the West African factories Profesh works with. Unless Profesh has eyes and ears on all 200 factories 24/7, it can't always know when factories are violating Profesh's child-labor policies. Which global supply chain issue does this scenario highlight?
| | a. There is always a risk of supply chain disruption from natural disasters such as tsunamis, earthquakes, and massive fires. | | |
| | b. There must be mutual cooperation and respect between countries. | | |
| | c. Supply chain issues involving human rights violations can be hard to detect in global supply chains encompassing many different nations. | | |
| | d. Most companies have minimal stock to increase their return on assets (ROA). | |
13. ABW, a multinational retailer, has subsidiaries in India, Brazil, and Mexico. ABW's subsidiary in Mexico regularly pays government officials large sums to help expedite the permit approval process, allowing ABW to open stores faster. The leaders at ABW in Mexico intentionally cover their tracks in order to conceal these bribes. Which law does the behavior in this scenario violate?
| | a. General Data Protection Regulation (GDPR) | | |
| | b. The Sherman Antitrust Act | | |
| | c. The U.N. Universal Declaration of Human Rights | | |
| | d. The U.S. Foreign Corrupt Practices Act (FCPA) | |
14.
While eating lunch in the break room, several employees for a tech company share how much they are paid by the company. One of the employees thinks it is odd that all of the women in the room are paid around 10 percent less than the men even though everyone in the group holds the same title and has the same amount of experience. Which global business ethics issue does this scenario relate to?
15.
A global entertainment company's shareholders voted against increasing its CEO's salary and bonus package. Though the compensation package was tied to meeting performance targets, shareholders said the substantial payments to the CEO were concerning. To which compensation issue is this scenario related?
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| | c. Executive compensation | | |
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