Exam 3: Politics, Law, and Business Ethics

Totalitarian regimes require the near-total centralization of political power.

Why was the United Nations originally created? Briefly describe the six main bodies of the United Nations.

In ________, individuals govern without the support of the people, tightly control people's lives, and leaders do not tolerate opposing viewpoints.

Which of the following influence a country's political system?

Totalitarian political systems include authoritarian regimes such as ________.

Which of the following was initially a code governing moral and ethical behavior and was later extended to commercial transactions?

Intellectual property can be broadly classified as either industrial property or copyrights.

________ foster stable business environments and increase international cooperation in many areas.

Summarize the importance of antitrust (antimonopoly) laws in international business.

A totalitarian political system is marked by ________.

________ risk threatens companies within a particular industry or even smaller groups.

Democracies maintain stable business environments primarily through laws protecting individual property rights.

All of the following are true of totalitarian governments EXCEPT ________.

In politicized bureaucracies, bureaucrats tend to implement decisions according to their own political views rather than those of the people's representatives.

What is meant by the term ethical behavior? Discuss the phrase, "When in Rome, do as the Romans do."

Discuss the sources of local conflict and violence and how they affect business activity in a country.

As a U.S. company, Yahoo! needs only to comply with U.S. law despite the fact that it reaches markets across the world.

A political system in which political leaders rely on military and bureaucratic power is called ________.

Scenario: Sid Maxwell Sid Maxwell is head of legal affairs for Hudson Inc., a producer of animal figurines that include an embedded software program that makes animal sounds. Hudson is expanding its market to include parts of Asia and Maxwell is concerned about reports of software piracy in the region. -The software program embedded in Hudson's figurines could be considered ________.

Which of the following tries to force change through fear and destruction of life or property?