All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Ethics
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(d) It appeared that American buyers realized that employing unethical practices will outcome in short-term success, but the foreign suppliers did not provide hear to this aspect
(e) There is no relationship ranging from the supplier’s nationality and the level of unethical activity in the buyer-supplier relationship.
21. Which of the subsequent is/are not actual regarding the study conducted to examine ethical practices in the US, France and Germany?
I. The American managers stated that bribery was unethical and illegal under the Foreign Corrupt Practices Act.
II. Only 1 3rd of the French managers felt signing a purchase order with the cost price more than the current market price, would be dishonest.
III. It was concluded that the US and German executives were more concerned with ethical and legal ques..
(a) Only (I) above
(b) Only (III) above
(c) Both (I) and (II) above
(d) Both (II) and (III) above
(e) All (I), (II) and (III) above.
22. At times of recession it has become common for businesses to decrease their size and overhead costs by discharging a few of the employees, and creating which of the subsequent styles of management?
(a) Autocratic
(b) Bureaucratic
(c) Lean and mean
(d) Hire and fire
(e) At-will.
23. Laws can be enforced only if they are unduly accepted. Which of the subsequent is not a process involved in the formulation of law?
(a) Society process
(b) Political process
(c) Group process
(d) Individual process
(e) Economic process.
24. Money laundering can be described with reference to situations such as
I. Acquisition, ownership, possession or transfer of any proceeds of crime.
II. Knowingly entering into a transaction related to the proceeds of crime, directly or indirectly.
III. Concealment or aiding in the concealment of the proceeds of crime.
IV. Those that violate equality of opportunity.
(a) Both (I) and (II) above
(b) Both (III) and (IV) above
(c) (I), (II) and (III) above
(d) (II), (III) and (IV) above
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