Exam 3: Political Economy and Ethics

Which of the following is an important factor in forming successful business ventures in China?

Which of the following philosophies maintains that a company's sole responsibility is to maximize profits for its owners?

Totalitarian governments tend to favor private ownership of economic resources.

Which of the following is an example of a trademark infringement?

Totalitarian political systems include authoritarian regimes such as ________.

Under a(n)________ political system,the state reigns supreme over institutions such as family,religion,business,and labor.

Stephanie Wong Stephanie Wong,a Chinese-American,owns a consultancy that advises clients on strategies for business expansions into China.Wong is to lead a symposium for small and mid-sized exporters who are planning on expanding their businesses in China.Therefore,she is preparing answers in advance for questions that symposium participants would most likely ask. -Another question that Stephanie anticipates concerns the acceptability of certain topics of discussion like: "Should we avoid discussing our families and spouses?" Which of the following represents the most effective response to this question?

Under ________ the government endorses private ownership of property and a market-based economy but grants little or no political freedom.

The most peaceful nations today are those that were once controlled and stabilized by colonial powers.

________ is the belief that both private and public groups play important roles in a nation's political activities.

Discuss the challenges China faces as it continues its experiment on "socialism with Chinese characteristics."

________ is a political system in which political leaders rely on military and bureaucratic power to support their rule.

Discuss the factors that contributed to the collapse of centrally planned economies.

On a recent trip to Hong Kong,a group of tourists found several Prada bags being sold on the pavement.They cost only a few dollars and were clearly fake;though they bore the Prada trademark.This is an example of ________.

Explain the benefits and drawbacks of a value-added tax.

________ is the layer of corporate social responsibility in which a business builds social responsibility into its core operations to create value and build competitive advantage.

A legal tradition based on religious teachings is called ________ law.

Shimmer and Sparkle is an American jewelry store which discovers that several shops in developing countries are selling counterfeited necklaces under their name and label.Which of the following problems are they facing?

Which of the following does the secondary footprint measure?

In ________ cultures,economic systems tend to provide incentives and rewards for a person's private business initiatives.