Question 1

Which of the following is NOT one of the "stakeholders" targeted by corporate social responsibility policies?

Accepted Answer

A)  Employees 
B)  Local communities 
C)  Indigenous communities 
D)  People involved in nearby economic activities 
E)  Corporate shareholders 
A)  Employees 
B)  Local communities 
C)  Indigenous communities 
D)  People involved in nearby economic activities 
E)  Corporate shareholders

Question 2

International agreements expand the scope of policy choices available to governments in their relationships with MNCs.

Accepted Answer

A) True 
 B)False

Question 3

How does the existence of multinationals prove that free markets are "imperfect and inefficient"?

Accepted Answer

Because of market imperfections that ove

Question 4

The international division of labour has maintained or deepened underdevelopment in the periphery.

Accepted Answer

A) True 
 B)False

Question 5

What is the main setback of associated dependent development?

Accepted Answer

A)  It took employment as a key element. 
B)  It did not ignore the needs of poorer populations. 
C)  It is a combination between employment and need of the poor. 
D)  It does not work to foster industrialization. 
E)  It is highly elitist. 
A)  It took employment as a key element. 
B)  It did not ignore the needs of poorer populations. 
C)  It is a combination between employment and need of the poor. 
D)  It does not work to foster industrialization. 
E)  It is highly elitist.

Question 6

When do regulatory chills occur?

Accepted Answer

A)  When corporate social responsibility is high. 
B)  When policy options are limited. 
C)  When a government fears being sued by foreign investors. 
D)  When investor-state relations are neglected. 
E)  When a government accepts liberal trade objectives. 
A)  When corporate social responsibility is high. 
B)  When policy options are limited. 
C)  When a government fears being sued by foreign investors. 
D)  When investor-state relations are neglected. 
E)  When a government accepts liberal trade objectives.

Question 7

Briefly discuss the relationship between the mercantile approach and national interest.

Accepted Answer

Another common approach to the multinati

Question 8

What are the basic features of the OLI paradigm to explain the characteristics of multinational corporations?

Accepted Answer

Developed by John H. Dunning, the OLI mo

Question 9

Foreign direct investment must have which of the following?

Accepted Answer

A)  A portfolio component 
B)  A statement of corporate responsibility 
C)  "Hot capital" flows 
D)  A physical presence 
E)  None of the above 
A)  A portfolio component 
B)  A statement of corporate responsibility 
C)  "Hot capital" flows 
D)  A physical presence 
E)  None of the above

Question 10

What is Muhammad Yunus and the Grameen Bank noted for?

Accepted Answer

A)  Establishing South-South cooperation 
B)  The grey market 
C)  Backing the Southern Development Bank 
D)  Micro-finance 
E)  Establishing mentorship for southern enterprises 
A)  Establishing South-South cooperation 
B)  The grey market 
C)  Backing the Southern Development Bank 
D)  Micro-finance 
E)  Establishing mentorship for southern enterprises

Question 11

According to the OLI paradigm, the multinational is NOT distinguished by the advantage of which of the following?

Accepted Answer

A)  Industrialization 
B)  Ownership 
C)  Location-specific assets 
D)  Internalization 
E)  The multinational is distinguished by all of the above. 
A)  Industrialization 
B)  Ownership 
C)  Location-specific assets 
D)  Internalization 
E)  The multinational is distinguished by all of the above.

Question 12

How do NIDL defer from IDL?

Accepted Answer

A)  It refers to elitism. 
B)  It refers to low-cost labour exploitation. 
C)  It relates more to capital-intensive productive procedures. 
D)  It relates more to MNC logic of industrialization. 
E)  It refers to Cardoso and Faletto's theory of entrepreneurship. 
A)  It refers to elitism. 
B)  It refers to low-cost labour exploitation. 
C)  It relates more to capital-intensive productive procedures. 
D)  It relates more to MNC logic of industrialization. 
E)  It refers to Cardoso and Faletto's theory of entrepreneurship.

Question 13

According to Joseph Schumpeter, what is the role of entrepreneurs in the economy?

Accepted Answer

A)  To oppose large corporations 
B)  To generate growth via novel forms of communication and institutionalization 
C)  To break economic paradigms 
D)  To act creatively in the economy 
E)  To see new ways to put economic factors together to cause economic growth 
A)  To oppose large corporations 
B)  To generate growth via novel forms of communication and institutionalization 
C)  To break economic paradigms 
D)  To act creatively in the economy 
E)  To see new ways to put economic factors together to cause economic growth

Question 14

Compare and contrast the critical, mercantilist, and international business perspective approaches to MNCs.

Accepted Answer

(1) Critical approaches are rooted in th

Question 15

Rules to permit businesses to establish themselves easily is a pillar of entrepreneurship.

Accepted Answer

A) True 
 B)False

Question 16

The top 100 multinational corporations are highly concentrated, and control a significant proportion of total foreign assets, sales, and employment of all MNCs.

Accepted Answer

A) True 
 B)False

Question 17

What are John Dunning's key features of multinational corporations?

Accepted Answer

According to John Dunning, the pre-emine

Question 18

How is innovation in entrepreneurship affected by informality? Compare Schumpeter's definition to de Soto's perspective.

Accepted Answer

Joseph Schumpeter (1883-1950) was the fi

Question 19

Corporate social responsibility programs are being implemented less frequently.

Accepted Answer

A) True 
 B)False

Question 20

Peripherical countries remained underdeveloped due to the actions of MNCs.

Accepted Answer

A) True 
 B)False

Exam 12: Private Enterprise and Development

Which of the following is NOT one of the "stakeholders" targeted by corporate social responsibility policies?

International agreements expand the scope of policy choices available to governments in their relationships with MNCs.

How does the existence of multinationals prove that free markets are "imperfect and inefficient"?

The international division of labour has maintained or deepened underdevelopment in the periphery.

What is the main setback of associated dependent development?

When do regulatory chills occur?

Briefly discuss the relationship between the mercantile approach and national interest.

What are the basic features of the OLI paradigm to explain the characteristics of multinational corporations?

Foreign direct investment must have which of the following?

What is Muhammad Yunus and the Grameen Bank noted for?

According to the OLI paradigm, the multinational is NOT distinguished by the advantage of which of the following?

How do NIDL defer from IDL?

According to Joseph Schumpeter, what is the role of entrepreneurs in the economy?

Compare and contrast the critical, mercantilist, and international business perspective approaches to MNCs.

Rules to permit businesses to establish themselves easily is a pillar of entrepreneurship.

The top 100 multinational corporations are highly concentrated, and control a significant proportion of total foreign assets, sales, and employment of all MNCs.

What are John Dunning's key features of multinational corporations?

How is innovation in entrepreneurship affected by informality? Compare Schumpeter's definition to de Soto's perspective.

Corporate social responsibility programs are being implemented less frequently.

Peripherical countries remained underdeveloped due to the actions of MNCs.

What Is Development? From Economic Growth to the Sustainable Development Goals

Imperialism and the Colonial Experience

Theories of Development Economics

The Critical Political Economy of Development

Post-development and Alternatives to Development

Gender and Development: Theoretical Insights and International Commitments

Globalization and Development

State of the State: Does the State Have a Role in Development?

National Development Agencies and Bilateral Aid

The International Financial Institutions

The United Nations and Multilateral Actors in Development

Civil Society and Development

China and the Emerging Economies

Debt and Development

Free Trade, Fair Trade, and South-South Trade

Democracy

Climate Change, Environment, and Development

Rural Development

Urban Development: Cities in the Global South

Development and Health

Conflict and Development

Refugees and International Development Policy and Practice

Indigenous Community Economic Resilience

Culture and Development

Measuring and Evaluating Poverty

Inequality and Social Policy

Planning and Appraising Development Projects

Humanitarian Assistance and Intervention

Ethics of Development, by Des Gasper

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