Chapter 9 Multiple Choice Questions

Suppliers, competitors, and business ethics
. A(n) __________ is a ________, __________ framework which goes beyond linear functions, operations and transactions to produce a certain commodity or product

. In a business to business context, conflicts of interest can arise in two main ways: conflict of _______ and _______ interests, which might arise, for example, when a firm is hired as a supplier of professional services by another firm or conflict of _________ and ________ interests, such as where an individual's interests may conflict with that of their employer.

. Which of the following are popular negotiating tactics which can be challenged on ethical grounds?
1. Lying about something material to negotiations;
2. Distracting an opponent;
3. Rejecting an opponent's offer;
4. Deliberately withholding pertinent information.

. When negotiating using unethical practices, businesses can risk _______, if the negotiations are part of a longer-term business association, as well as a ___________ and __________, as negotiations can impact company image and stymy progress.

. According to Crane (2005) ethical questions arise relating to intelligence gathering and industrial espionage, when which of the following have occurred?
1. The tactics used to secure information about competitors are questionable;
2. The nature of the information sought is private or confidential;
3. The purposes for which the information is used is in the public's interest.

. The enforcement of company privacy is complex as corporations are somewhat __________, as there are few clear barriers to define their limits, it is difficult to _________ due to the number of individuals involved and much corporate activity takes place in ________.

. Negative advertising, stealing or poaching customers and predatory pricing are all strategies employed by businesses described using the umbrella term ________.

. _______ is a system of exchange based on guaranteeing producers in developing countries a living wage, decent working conditions and opportunities for community development.

. Replacing supply chains with _______ enhances the importance of product _______as well as a fundamental redesign of every activity a firm engages in that produces _______.

. _______ can be a likened to their natural counterparts, comprising of a balanced network of interdependent organisms and their environments thus adding value to sustainability thinking due to the consideration of companies and industries as being bound together, and interdependent due to all kinds of resources and wastes.

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