Chat with AIExam 10: Globalization of Ethical Decision-Making
Discuss the ethical issues associated with multinational corporations.
(70) 
VerifiedMNCs are the subject of much ethical debate,and their impact on countries where they do business is controversial.Both American and European labor unions argue it is unfair for MNCs to transfer jobs overseas where wage rates are lower.Other critics charge that
multinationals use labor-saving devices that increase unemployment in countries where they manufacture.Their size and financial clout enable them to control money,supplies,employment,and even the economic well-being of less-developed countries.Critics believe the size and power of MNCs create ethical issues involving the exploitation of both natural and human resources.Critics also accuse MNCs of exploiting the labor markets of host countries.The activities of MNCs also raise issues of unfair competition.Although MNCs are not inherently unethical,their size and power often seems threatening to people and businesses in less-developed countries.The ethical problems MNCs face arise from the opposing viewpoints intrinsic to multicultural situations.
is based upon the assumption that people are predictable and will maximize the utility of their choices relative to their needs and wants.
(77) VerifiedA
Power distance dimension refers to the "power inequality" between superiors and subordinates.Which of the following countries probably ranks high on the power distance scale?
(81) VerifiedA
assumes that humans may not act rationally because of genetics,learned behavior,and rules of thumb.
(77) assume(s)that a the market,through its own inherent mechanisms,will keep commerce in equilibrium.
(88) When in Rome,do as the Romans do,or you must adapt to the cultural practices of the country in which you are operating are rationalizations businesspeople sometimes offer for straying from their own ethical values when doing business abroad.This practice is called
(83) has been codified in a United Nations document and is defined as an inherent dignity with equal and inalienable rights as the foundation of freedom,justice,and peace in the world.
(91) What concept refers to economic theories advocating the creation of a society where wealth and power are distributed evenly,relative to the amount of work expended in production?
(64) What is a major role of the International Monetary Fund (IMF)?
(70) Why are many international business ethics issues different from domestic ethical issues?
(82) How can differences in two countries' cultures create ethical issues in business?
(96) Increasing the wealth gap between nations and misusing and misallocating scarce resources are ethical issue accusations related to
(78) According to the World Trade Organization,which of the following products and services are most vulnerable to protectionism?
(77) The growth of the Internet and differing security laws between countries has led to an increase in concern for the human right of
(76) These values were developed by a reverend and the UN Secretary General.They express support for universal human rights.
(91) What is dumping and why is it considered anticompetitive? Does the United States allow dumping?
(97) identified four cultural dimensions that can have a profound impact on the business environment: individualism/collectivism,power distance,uncertainty avoidance,and masculinity/femininity.
(73) involves transactions across national boundaries.It is a practice that brings together people who have different cultures,values,laws,and ethical standards.
(70) Which of the following is not an article in the UN Human Rights Declaration?
(89) 
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