166 Part 2 The Cultural Environment of Global Markets not paying, you would not be able to complete a $10 million contract? 19. Differentiate among the following: bribery extortion lubrication subornation 20. Distinguish between P-time and M-time. 21. Discuss how a P-time person reacts differently from an M-time person in keeping an appointment. 22. What is meant by “laws are the markers of past behavior that society has deemed unethical or socially irresponsible”? 23. What are the three ethical principles that provide a framework to help distinguish between right and wrong? Explain. 24. Visit Transparency International’s website and check to see how the CPI Index for countries listed in Exhibits 5.4 and 5.5 have changed. After searching TI’s databank, explain why the changes have occurred. The site is found at http://www.transparency. org. 25. Discuss the pros and cons of “there is no controlling legal authority” as a basis for ethical behavior. 26. “The company.com page is a company’s front door and that doorway should be global in scope.” Discuss. Visit several web pages of major multinational companies and evaluate their “front door” to the global world. 27. Visit the websites of Shell and Nike and compare their statements on corporate values. What are the major issues each addresses? Do you think their statements are use-ful as guides to ethical and socially responsible decision making? 28. Go to your favorite Web reference source and access some recent news articles on Nike and alleged human rights vio-lations. Access the Nike statement on corporate values and write a brief statement on the alleged violations and Nike’s statement of corporate values.
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