The utilitarian approach to business ethics suggests that()
A. people should be treated as ends and never purely as means to the ends of others
B. the moral worth of actions or practices is determined by their consequences
C. people have dignity and need to be treated as such
D. human beings have fundamental rights and privileges that transcend national cultures
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Which of the following is a measure that is developed by the United Nations to measure the quality of life in different nations()
A. Gross national income
B. Human Development Index
C. Purchasing power parity
D. Gross domestic product
The Convention on Combating Bribery of Foreign Public Officials in International Business Transactions excludes()
A. bribes made to secure contracts that would otherwise not be secured
B. grease payments to gain exclusive preferential treatment
C. facilitating payments made to expedite routine government action
D. payments to government officials for special privileges
In a pure market economy()
A. all productive activities are owned by the state
B. production is determined by the interaction of supply and demand
C. collectivist goals are given priority over individual goals
D. the prices at which goods are sold is determined by the government
When a government seizes an investment of a foreign investor but some reimbursement for the assets is made, the government is following a process called()
A. confiscation
B. expropriation
C. domestication
D. exchange controls