Question 1

How have sustainability demands and the Kyoto Protocol affected international business? Discuss the controversies surrounding each.

Accepted Answer

Sustainability refers to the concept of

Question 2

What is the primary problem associated with Anglo American PLC's ART program?

Accepted Answer

A) unknown side effects to drugs and treatment 
B) rising costs of medications and procedures 
C) poor treatment adherence by employees 
D) lack of sufficient insurance coverage 
A) unknown side effects to drugs and treatment 
B) rising costs of medications and procedures 
C) poor treatment adherence by employees 
D) lack of sufficient insurance coverage

Question 3

The Foreign Corrupt Practices Act applies only to companies registered in the United States.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following statements is most likely true about the postconventional level of moral development?

Accepted Answer

A) Individuals learn what is moral but not why such behavior is moral. 
B) Individuals behave morally because they fear negative repercussions. 
C) Individuals learn how to conform to society's values through observation. 
D) Individuals behave morally because they believe such actions are right. 
A) Individuals learn what is moral but not why such behavior is moral. 
B) Individuals behave morally because they fear negative repercussions. 
C) Individuals learn how to conform to society's values through observation. 
D) Individuals behave morally because they believe such actions are right.

Question 5

The Ethical Trading Initiative (ETI)is primarily focused on ________.

Accepted Answer

A) fair trade laws for undeveloped countries 
B) tiered pricing by pharmaceutical firms 
C) greenhouse gas emission reduction 
D) employment practices of MNEs 
A) fair trade laws for undeveloped countries 
B) tiered pricing by pharmaceutical firms 
C) greenhouse gas emission reduction 
D) employment practices of MNEs

Question 6

Which stakeholders must companies satisfy? What role should stakeholders play in a firm's internal code of conduct?

Accepted Answer

Stakeholders include stockholders, emplo

Question 7

The Petrobras oil company scandal involved companies outside Brazil.

Accepted Answer

A) True 
 B)False

Question 8

The OECD Convention against bribery is an example of an agreement that targets the demand side of bribery.

Accepted Answer

A) True 
 B)False

Question 9

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Accepted Answer

A) True 
 B)False

Question 10

Under the practice of extraterritoriality, legal and ethical values in a country may cause its companies to operate abroad according to home country laws rather than host country laws.

Accepted Answer

A) True 
 B)False

Question 11

A manager practicing relativism would most likely ________.

Accepted Answer

A) adapt to local conditions instead of implementing home-country practices 
B) enforce home-country laws on host-country employees and suppliers 
C) refuse to change company policies and procedures to comply with local norms 
D) apply universal laws to each country despite local customs and traditions 
A) adapt to local conditions instead of implementing home-country practices 
B) enforce home-country laws on host-country employees and suppliers 
C) refuse to change company policies and procedures to comply with local norms 
D) apply universal laws to each country despite local customs and traditions

Question 12

According to utilitarianism, actions are moral if they produce the greatest amount of good for the greatest number of people.

Accepted Answer

A) True 
 B)False

Question 13

The teleological approach asserts that individuals make moral judgments independent of consequences.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following best explains Nike's quick response to criticism of unfair employment practices in developing countries?

Accepted Answer

A) retaining employees 
B) improving public relations 
C) addressing product safety concerns 
D) cutting costs in order to improve profits 
A) retaining employees 
B) improving public relations 
C) addressing product safety concerns 
D) cutting costs in order to improve profits

Question 15

Quantum Footwear is an MNE that manufactures inexpensive shoes.Quantum outsources portions of its production to independent companies located in Bangladesh and India, where child labor is common.Other clothing and footwear firms have recently faced criticism regarding the use of child labor, and Quantum executives want to avoid similar problems.Which of the following would be the best approach for Quantum?

Accepted Answer

A) improving conditions at the subcontract facilities 
B) developing an external ethics code for foreign partners and letting them worry about compliance 
C) requiring local governments to alter their labor policies 
D) leaving the market and focusing on domestic production 
A) improving conditions at the subcontract facilities 
B) developing an external ethics code for foreign partners and letting them worry about compliance 
C) requiring local governments to alter their labor policies 
D) leaving the market and focusing on domestic production

Question 16

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

Accepted Answer

A) An MNE typically serves all stakeholder groups equally at any given time. 
B) No individual stakeholder group is powerful enough to cause the demise of an MNE. 
C) All stakeholders of an MNE have the same short-term and long-term goals and interests. 
D) The inability to adequately meet the long-term needs of all stakeholders increases the probability of an MNE failing. 
A) An MNE typically serves all stakeholder groups equally at any given time. 
B) No individual stakeholder group is powerful enough to cause the demise of an MNE. 
C) All stakeholders of an MNE have the same short-term and long-term goals and interests. 
D) The inability to adequately meet the long-term needs of all stakeholders increases the probability of an MNE failing.

Question 17

Which of the following is a reason for an MNE to base its standards for ethical behavior on a country's laws?

Accepted Answer

A) The law embodies many of a country's moral beliefs but is an inadequate guide for proper conduct. 
B) The law contains unenforceable rules that are impossible for society to follow. 
C) The law represents a consensus derived from significant deliberation. 
D) The law is based on precisely defined moral concepts. 
A) The law embodies many of a country's moral beliefs but is an inadequate guide for proper conduct. 
B) The law contains unenforceable rules that are impossible for society to follow. 
C) The law represents a consensus derived from significant deliberation. 
D) The law is based on precisely defined moral concepts.

Question 18

According to the text, which of the following has resulted from GE's Ecomagination initiative?

Accepted Answer

A) rising profitability for many GE products 
B) increasing doubt among GE's foreign partners 
C) reducing investments by GE due to poor returns 
D) improving pollution levels near GE plants in China 
A) rising profitability for many GE products 
B) increasing doubt among GE's foreign partners 
C) reducing investments by GE due to poor returns 
D) improving pollution levels near GE plants in China

Question 19

Which of the following best supports the idea that MNEs should remain in countries that allow child labor?

Accepted Answer

A) MNEs have a positive influence on government employment policies in most foreign countries. 
B) Many MNEs have substantially improved the working conditions of their foreign plants. 
C) MNEs are required to pay child workers more than local companies. 
D) Most MNEs employ local managers to handle cultural differences. 
A) MNEs have a positive influence on government employment policies in most foreign countries. 
B) Many MNEs have substantially improved the working conditions of their foreign plants. 
C) MNEs are required to pay child workers more than local companies. 
D) Most MNEs employ local managers to handle cultural differences.

Question 20

In which of the following countries would there be the highest likelihood of encountering a bribery situation?

Accepted Answer

A) Germany 
B) United States 
C) South Korea 
D) Russia 
A) Germany 
B) United States 
C) South Korea 
D) Russia

How have sustainability demands and the Kyoto Protocol affected international business? Discuss the controversies surrounding each.

What is the primary problem associated with Anglo American PLC's ART program?

The Foreign Corrupt Practices Act applies only to companies registered in the United States.

Which of the following statements is most likely true about the postconventional level of moral development?

The Ethical Trading Initiative (ETI)is primarily focused on ________.

Which stakeholders must companies satisfy? What role should stakeholders play in a firm's internal code of conduct?

The Petrobras oil company scandal involved companies outside Brazil.

The OECD Convention against bribery is an example of an agreement that targets the demand side of bribery.

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Under the practice of extraterritoriality, legal and ethical values in a country may cause its companies to operate abroad according to home country laws rather than host country laws.

A manager practicing relativism would most likely ________.

According to utilitarianism, actions are moral if they produce the greatest amount of good for the greatest number of people.

The teleological approach asserts that individuals make moral judgments independent of consequences.

Which of the following best explains Nike's quick response to criticism of unfair employment practices in developing countries?

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

Which of the following is a reason for an MNE to base its standards for ethical behavior on a country's laws?

According to the text, which of the following has resulted from GE's Ecomagination initiative?

Which of the following best supports the idea that MNEs should remain in countries that allow child labor?

In which of the following countries would there be the highest likelihood of encountering a bribery situation?

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters

Exam 5: Globalization and Society

How have sustainability demands and the Kyoto Protocol affected international business? Discuss the controversies surrounding each.

What is the primary problem associated with Anglo American PLC's ART program?

The Foreign Corrupt Practices Act applies only to companies registered in the United States.

Which of the following statements is most likely true about the postconventional level of moral development?

The Ethical Trading Initiative (ETI)is primarily focused on ________.

Which stakeholders must companies satisfy? What role should stakeholders play in a firm's internal code of conduct?

The Petrobras oil company scandal involved companies outside Brazil.

The OECD Convention against bribery is an example of an agreement that targets the demand side of bribery.

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Under the practice of extraterritoriality, legal and ethical values in a country may cause its companies to operate abroad according to home country laws rather than host country laws.

A manager practicing relativism would most likely ________.

According to utilitarianism, actions are moral if they produce the greatest amount of good for the greatest number of people.

The teleological approach asserts that individuals make moral judgments independent of consequences.

Which of the following best explains Nike's quick response to criticism of unfair employment practices in developing countries?

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

Which of the following is a reason for an MNE to base its standards for ethical behavior on a country's laws?

According to the text, which of the following has resulted from GE's Ecomagination initiative?

Which of the following best supports the idea that MNEs should remain in countries that allow child labor?

In which of the following countries would there be the highest likelihood of encountering a bribery situation?

Globalization and International Business

The Cultural Environments Facing Business

The Political and Legal Environments Facing Business

The Economic Environments Facing Businesses

International Trade and Factor-Mobility Theory

Governmental Influence on Trade

Cross-National Cooperation and Agreements

Global Foreign-Exchange Markets

The Determination of Exchange Rates

Global Capital Markets

The Strategy of International Business

Country Evaluation and Selection

Export and Import

Direct Investment and Collaborative Strategies

The Organization of International Business

Marketing Globally

Global Manufacturing and Supply Chain Management

International Accounting and Finance Issues

International Human Resource Management

Filters