should consider as they try to decide whether to use home or host country ethical
standards? Does the use of hypernorms help? Explain.
Answer: To me, the answer to this question seems quite simple and straightforward—use
the “higher” ethical standard, regardless of whose it is, how much it costs or the ethical
issue involved. One would find it difficult to encounter trouble for using a higher ethical
standard. If adhering to the higher standard is cost prohibitive, then the decision would
simply be to forego that particular opportunity. If the only way to make a profit is to lower
one’s ethical standards, then one should find another way to make money. Further,
3. Question: Differentiate between a bribe and a grease payment. Give an example of each.
Answer: A grease payment is an expected, small, customary payment to an official in order
to get him or her to do whatever s/he was supposed to do in the first place. We often think
of grease payments as existing only in foreign countries (e.g., paying a customs officer to
4. Question: Conduct research, for purposes of updating the latest rankings of Transparency
International and the activities of the OECD, UNCAC, and individual country initiatives.
How could countries such as China, India, and Russia most effective improve their TI
rankings?
Answer: This question is left to the class instructor as time and events will have altered the
information available at the time this is being written. While Russia, China and India are
all countries with emerging economies, the textbook notes that these countries could do
5. Question: What are the major strategies companies might employ in improving global
business ethics? What are the key steps research has shown are important to successful
company anticorruption efforts?