Ethics for Business Quiz

What is the study of ethical principles and moral values in a global context, considering cultural differences that influence ethical beliefs and behaviors?

• Cultural Relativism

• Ethical Dilemmas

• Ethical Universalism

• Cross-Cultural Ethics

Which of the below is NOT an example of Cultural Relativism?

• dress code

• marriage practice

• technology level

• capital punishment

What is essential for navigating cross-cultural ethical situations, involving understanding and respecting cultural differences, as well as effective communication and negotiation?

• Cultural Values

• Ethical Challenges

• Ethical Leadership

• Cultural Competence

Which principle suggests that ethical standards and values are widely applicable and universal one culture to another such as HUMAN RIGHTS

• Ethical Leadership

• Global Code of Ethics

• Cross-Cultural Training

• Ethical Universalism

What should organizations develop to serve as a common foundation for ethical behavior across the organization, regardless of location?

• Ethical Supply Chain Management

• Localized Ethics Programs

• Global Code of Ethics

• Transparency

Which strategy involves providing training and resources to help employees understand and navigate the ethical challenges that arise in a global context?

• Continuous Monitoring and Improvement

• Local Compliance

• Whistleblower Protection

• Cross-Cultural Training

What is the cultural value?

• Ethical Due Diligence

• Continuous Improvement

• beliefs, customs, practices that a society place on

• Stakeholder Engagement

Which is ethical due diligence?

• Regularly review and update your global ethics program to adapt to changing circumstances

• Adapting your ethics programs to the local culture

• Assess potential ethical risks before engage to new business partner or market

• Promote Transparency