Question 1

Which of the following statements about GE and its "Green is Green" movement is true?

Accepted Answer

A)  GE is responding in part to the fact that it is operating in many countries which require compliance with higher environmental standards than exist in the United States. 
B)  GE has decided to develop new products that are environmentally friendly rather than adopt internal policies to reduce greenhouse gas emissions. 
C)  GE has moved aggressively to reduce greenhouse gas usage internally but has not been able to develop commercially viable "clean" technologies. 
D)  GE considered joining the U.S. Climate Action Partnership but decided the group was too radical in its approach to reducing greenhouse gas emissions. 
A)  GE is responding in part to the fact that it is operating in many countries which require compliance with higher environmental standards than exist in the United States. 
B)  GE has decided to develop new products that are environmentally friendly rather than adopt internal policies to reduce greenhouse gas emissions. 
C)  GE has moved aggressively to reduce greenhouse gas usage internally but has not been able to develop commercially viable "clean" technologies. 
D)  GE considered joining the U.S. Climate Action Partnership but decided the group was too radical in its approach to reducing greenhouse gas emissions.

Question 2

What motivations do companies have to act responsibly? How can codes of conduct help firms to act ethically?

Accepted Answer

a.Unethical and irresponsible behavior c

Question 3

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as sustainability.

Accepted Answer

A) True 
 B)False

Question 4

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following statements is most likely true about the postconventional level of moral development?

Accepted Answer

A)  Individuals learn what is moral but not why such behavior is moral. 
B)  Individuals behave morally because they fear negative repercussions. 
C)  Individuals learn how to conform to society's values through observation. 
D)  Individuals behave morally because they believe such actions are right. 
A)  Individuals learn what is moral but not why such behavior is moral. 
B)  Individuals behave morally because they fear negative repercussions. 
C)  Individuals learn how to conform to society's values through observation. 
D)  Individuals behave morally because they believe such actions are right.

Question 6

How has the Kyoto Protocol affected U.S. companies operating in Europe?

Accepted Answer

A)  U.S. companies are changing the way they do business in order to comply with new emissions standards in Europe. 
B)  The Kyoto Protocol has not affected U.S. companies with subsidiaries in Europe because the U.S. has not signed the Kyoto Protocol. 
C)  Before U.S. companies can open any more European subsidiaries, the U.S. government must sign the Kyoto Protocol. 
D)  Because the United States is not a party to the Kyoto Protocol, U.S. companies may not operate in European countries that have signed the Kyoto Protocol. 
A)  U.S. companies are changing the way they do business in order to comply with new emissions standards in Europe. 
B)  The Kyoto Protocol has not affected U.S. companies with subsidiaries in Europe because the U.S. has not signed the Kyoto Protocol. 
C)  Before U.S. companies can open any more European subsidiaries, the U.S. government must sign the Kyoto Protocol. 
D)  Because the United States is not a party to the Kyoto Protocol, U.S. companies may not operate in European countries that have signed the Kyoto Protocol.

Question 7

The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)________.

Accepted Answer

A)  allows rich countries to produce generic versions of patented drugs without having to pay royalties to the patent holder 
B)  permits developing countries to import generic products from other countries if they don't have the capacity to produce generic drugs 
C)  requires pharmaceutical companies to provide low-cost vaccines and HIV/AIDS medications to developing countries 
D)  requires tiered pricing for most essential drugs 
A)  allows rich countries to produce generic versions of patented drugs without having to pay royalties to the patent holder 
B)  permits developing countries to import generic products from other countries if they don't have the capacity to produce generic drugs 
C)  requires pharmaceutical companies to provide low-cost vaccines and HIV/AIDS medications to developing countries 
D)  requires tiered pricing for most essential drugs

Question 8

Explain why the argument that "anything that is legal is ethical" is insufficient.

Accepted Answer

a.The law is not appropriate for regulat

Question 9

Pursuing responsible behavior for strategic and financial success is an example of relative behavior.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

Accepted Answer

A)  An MNE typically serves all stakeholder groups equally at any given time. 
B)  No individual stakeholder group is powerful enough to cause the demise of an MNE. 
C)  All stakeholders of an MNE have the same short-term and long-term goals and interests. 
D)  The inability to adequately meet the long-term needs of all stakeholders increases the probability of an MNE failing. 
A)  An MNE typically serves all stakeholder groups equally at any given time. 
B)  No individual stakeholder group is powerful enough to cause the demise of an MNE. 
C)  All stakeholders of an MNE have the same short-term and long-term goals and interests. 
D)  The inability to adequately meet the long-term needs of all stakeholders increases the probability of an MNE failing.

Question 11

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 12

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as ________.

Accepted Answer

A)  competitive advantage 
B)  the Kyoto Protocol 
C)  sustainability 
D)  externality 
A)  competitive advantage 
B)  the Kyoto Protocol 
C)  sustainability 
D)  externality

Question 13

An effective code of conduct reports results to external stakeholders.

Accepted Answer

A) True 
 B)False

Question 14

When a pharmaceutical company charges a market price in developed countries and a discounted price in developing countries,the company is using partial source pricing.

Accepted Answer

A) True 
 B)False

Question 15

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 16

Transparency International,the OECD,and the ICC are all working to stop bribery around the world.

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

Which of the following is a primary business objective for pursuing ethical behavior?

Accepted Answer

A)  avoiding industrial sanctions 
B)  developing competitive advantages 
C)  developing creative advertisements 
D)  discouraging false commitments to the firm 
A)  avoiding industrial sanctions 
B)  developing competitive advantages 
C)  developing creative advertisements 
D)  discouraging false commitments to the firm

Question 19

Some countries reverse engineer pharmaceutical products ________.

Accepted Answer

A)  because they know that generic products are inherently better than branded products 
B)  to lower the cost of certain drugs to the domestic market 
C)  as a way to charge higher prices in domestic markets 
D)  to comply with international patent laws 
A)  because they know that generic products are inherently better than branded products 
B)  to lower the cost of certain drugs to the domestic market 
C)  as a way to charge higher prices in domestic markets 
D)  to comply with international patent laws

Question 20

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

Accepted Answer

A) True 
 B)False

Which of the following statements about GE and its "Green is Green" movement is true?

What motivations do companies have to act responsibly? How can codes of conduct help firms to act ethically?

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as sustainability.

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Which of the following statements is most likely true about the postconventional level of moral development?

How has the Kyoto Protocol affected U.S. companies operating in Europe?

The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)________.

Explain why the argument that "anything that is legal is ethical" is insufficient.

Pursuing responsible behavior for strategic and financial success is an example of relative behavior.

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

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

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as ________.

An effective code of conduct reports results to external stakeholders.

When a pharmaceutical company charges a market price in developed countries and a discounted price in developing countries,the company is using partial source pricing.

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

Transparency International,the OECD,and the ICC are all working to stop bribery around the world.

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

Which of the following is a primary business objective for pursuing ethical behavior?

Some countries reverse engineer pharmaceutical products ________.

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

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

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 Issues

The Multinational Finance Function

International Human Resources

Filters

Exam 5: Globalization and Society

Which of the following statements about GE and its "Green is Green" movement is true?

What motivations do companies have to act responsibly? How can codes of conduct help firms to act ethically?

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as sustainability.

A payment to a customs official to clear legitimate merchandise is permitted by the Foreign Corrupt Practices Act.

Which of the following statements is most likely true about the postconventional level of moral development?

How has the Kyoto Protocol affected U.S. companies operating in Europe?

The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)________.

Explain why the argument that "anything that is legal is ethical" is insufficient.

Pursuing responsible behavior for strategic and financial success is an example of relative behavior.

Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

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

Meeting the needs of the present without compromising the ability of future generations to meet their own needs is known as ________.

An effective code of conduct reports results to external stakeholders.

When a pharmaceutical company charges a market price in developed countries and a discounted price in developing countries,the company is using partial source pricing.

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

Transparency International,the OECD,and the ICC are all working to stop bribery around the world.

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

Which of the following is a primary business objective for pursuing ethical behavior?

Some countries reverse engineer pharmaceutical products ________.

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

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

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 Issues

The Multinational Finance Function

International Human Resources

Filters