Question 1

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 2

How can an MNE operating in a developing country have a positive influence on labor policies? Illustrate your answer with an example.

Accepted Answer

MNEs operating in countries with very di

Question 3

Medco Pharmaceuticals charges a market price for heart medication to distributors in Italy and a discounted price for the same medication to distributors in Bangladesh.Medco is most likely using ________.

Accepted Answer

A)  discounted pricing 
B)  skimmed pricing 
C)  penetrated pricing 
D)  tiered pricing 
A)  discounted pricing 
B)  skimmed pricing 
C)  penetrated pricing 
D)  tiered pricing

Question 4

According to Transparency International,companies from which of the following countries are more likely to pay bribes?

Accepted Answer

A)  China 
B)  Japan 
C)  Singapore 
D)  Belgium 
A)  China 
B)  Japan 
C)  Singapore 
D)  Belgium

Question 5

Which of the following is most important when designing an internal code of conduct?

Accepted Answer

A)  requesting U.N. oversight and intervention when necessary 
B)  communicating the code of conduct only to employees 
C)  reporting results to external stakeholders 
D)  forming local policies for each subsidiary 
A)  requesting U.N. oversight and intervention when necessary 
B)  communicating the code of conduct only to employees 
C)  reporting results to external stakeholders 
D)  forming local policies for each subsidiary

Question 6

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 7

The argument that "anything legal is ethical" is insufficient as a basis for ethical behavior because the law usually does not apply to everyone and does not have enforceable rules.

Accepted Answer

A) True 
 B)False

Question 8

In the long run,MNEs must adequately meet the needs of all stakeholders in order to prosper and survive.

Accepted Answer

A) True 
 B)False

Question 9

An advocate of the legal-justification standard would most likely assert that the law ________.

Accepted Answer

A)  develops slowly in response to evolving societal dilemmas 
B)  protects business activities that are unethical but not illegal 
C)  contains enforceable rules that apply to everyone 
D)  offers necessary moral flexibility for a society 
A)  develops slowly in response to evolving societal dilemmas 
B)  protects business activities that are unethical but not illegal 
C)  contains enforceable rules that apply to everyone 
D)  offers necessary moral flexibility for a society

Question 10

Stockholders are typically more interested in corporate social responsibility than in earning profits.

Accepted Answer

A) True 
 B)False

Question 11

The belief that there are universal standards of behavior that all cultures should follow is called ________.

Accepted Answer

A)  humanism 
B)  relativism 
C)  normativism 
D)  naturalism 
A)  humanism 
B)  relativism 
C)  normativism 
D)  naturalism

Question 12

Normativism asserts that universal standards of behavior exist and should be accepted in all cultures.

Accepted Answer

A) True 
 B)False

Question 13

What is the Foreign Corrupt Practices Act? How has this law affected ethical behavior among international businesses?

Accepted Answer

The FCPA outlaws bribery payments by U.S

Question 14

An effective code of conduct reports results to external stakeholders.

Accepted Answer

A) True 
 B)False

Question 15

The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)permits developing countries to import generic products from other countries if they don't have the capacity to produce generic drugs.

Accepted Answer

A) True 
 B)False

Question 16

According to the Ethical Trading Initiative,child labor cannot be used unless there are no suitable alternatives for employees.

Accepted Answer

A) True 
 B)False

Question 17

What is the primary reason that Anglo American PLC developed its ART program?

Accepted Answer

A)  comply with government standards 
B)  maintain a healthy workforce 
C)  abide by union demands 
D)  reduce employee benefits. 
A)  comply with government standards 
B)  maintain a healthy workforce 
C)  abide by union demands 
D)  reduce employee benefits.

Question 18

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?

Accepted Answer

Relativism affirms that ethical truths d

Question 19

Encouraging ethical behavior for the purpose of developing competitive advantages will most likely result in all of the following for a firm EXCEPT ________.

Accepted Answer

A)  strategic accomplishment 
B)  consumer commitment 
C)  industry resolutions 
D)  financial success 
A)  strategic accomplishment 
B)  consumer commitment 
C)  industry resolutions 
D)  financial success

Question 20

All of the following are levels of moral development EXCEPT the ________.

Accepted Answer

A)  preconventional level 
B)  autonomous level 
C)  internalized level 
D)  conventional level 
A)  preconventional level 
B)  autonomous level 
C)  internalized level 
D)  conventional level

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

How can an MNE operating in a developing country have a positive influence on labor policies? Illustrate your answer with an example.

Medco Pharmaceuticals charges a market price for heart medication to distributors in Italy and a discounted price for the same medication to distributors in Bangladesh.Medco is most likely using ________.

According to Transparency International,companies from which of the following countries are more likely to pay bribes?

Which of the following is most important when designing an internal code of conduct?

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

The argument that "anything legal is ethical" is insufficient as a basis for ethical behavior because the law usually does not apply to everyone and does not have enforceable rules.

In the long run,MNEs must adequately meet the needs of all stakeholders in order to prosper and survive.

An advocate of the legal-justification standard would most likely assert that the law ________.

Stockholders are typically more interested in corporate social responsibility than in earning profits.

The belief that there are universal standards of behavior that all cultures should follow is called ________.

Normativism asserts that universal standards of behavior exist and should be accepted in all cultures.

What is the Foreign Corrupt Practices Act? How has this law affected ethical behavior among international businesses?

An effective code of conduct reports results to external stakeholders.

The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)permits developing countries to import generic products from other countries if they don't have the capacity to produce generic drugs.

According to the Ethical Trading Initiative,child labor cannot be used unless there are no suitable alternatives for employees.

What is the primary reason that Anglo American PLC developed its ART program?

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?

Encouraging ethical behavior for the purpose of developing competitive advantages will most likely result in all of the following for a firm EXCEPT ________.

All of the following are levels of moral development EXCEPT the ________.

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 11: Globalization and Society

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

How can an MNE operating in a developing country have a positive influence on labor policies? Illustrate your answer with an example.

Medco Pharmaceuticals charges a market price for heart medication to distributors in Italy and a discounted price for the same medication to distributors in Bangladesh.Medco is most likely using ________.

According to Transparency International,companies from which of the following countries are more likely to pay bribes?

Which of the following is most important when designing an internal code of conduct?

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

The argument that "anything legal is ethical" is insufficient as a basis for ethical behavior because the law usually does not apply to everyone and does not have enforceable rules.

In the long run,MNEs must adequately meet the needs of all stakeholders in order to prosper and survive.

An advocate of the legal-justification standard would most likely assert that the law ________.

Stockholders are typically more interested in corporate social responsibility than in earning profits.

The belief that there are universal standards of behavior that all cultures should follow is called ________.

Normativism asserts that universal standards of behavior exist and should be accepted in all cultures.

What is the Foreign Corrupt Practices Act? How has this law affected ethical behavior among international businesses?

An effective code of conduct reports results to external stakeholders.

The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)permits developing countries to import generic products from other countries if they don't have the capacity to produce generic drugs.

According to the Ethical Trading Initiative,child labor cannot be used unless there are no suitable alternatives for employees.

What is the primary reason that Anglo American PLC developed its ART program?

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?

Encouraging ethical behavior for the purpose of developing competitive advantages will most likely result in all of the following for a firm EXCEPT ________.

All of the following are levels of moral development EXCEPT the ________.

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