Question 1

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 2

According to the Ethical Trading Initiative (ETI),________.

Accepted Answer

A)  child labor cannot be used unless there are no suitable alternatives 
B)  employment need not be freely chosen in order to be acceptable 
C)  no harsh or inhumane treatment of workers should be allowed 
D)  MNEs are not responsible for establishing codes of conduct 
A)  child labor cannot be used unless there are no suitable alternatives 
B)  employment need not be freely chosen in order to be acceptable 
C)  no harsh or inhumane treatment of workers should be allowed 
D)  MNEs are not responsible for establishing codes of conduct

Question 3

The Ethical Trading Initiative (ETI)is primarily focused on ________.

Accepted Answer

A)  fair trade laws for undeveloped countries 
B)  tiered pricing by pharmaceutical firms 
C)  greenhouse gas emission reduction 
D)  employment practices of MNEs 
A)  fair trade laws for undeveloped countries 
B)  tiered pricing by pharmaceutical firms 
C)  greenhouse gas emission reduction 
D)  employment practices of MNEs

Question 4

Which of the following best explains Nike's quick response to criticism of unfair employment practices in developing countries?

Accepted Answer

A)  retaining employees 
B)  improving public relations 
C)  addressing product safety concerns 
D)  cutting costs in order to improve profits 
A)  retaining employees 
B)  improving public relations 
C)  addressing product safety concerns 
D)  cutting costs in order to improve profits

Question 5

Which of the following is a voluntary effort by 150 multinational construction and natural-resources companies to end bribery?

Accepted Answer

A)  Foreign Corrupt Practices Act 
B)  Partnering Against Corruption Initiative 
C)  OLAF (European Commission Anti-Fraud Office) 
D)  Sarbanes-Oxley Act 
A)  Foreign Corrupt Practices Act 
B)  Partnering Against Corruption Initiative 
C)  OLAF (European Commission Anti-Fraud Office) 
D)  Sarbanes-Oxley Act

Question 6

Quantum Footwear is an MNE that manufactures inexpensive shoes. Quantum outsources portions of its production to independent companies located in Bangladesh and India where child labor is common. Other clothing and footwear firms have recently faced criticism regarding the use of child labor,and Quantum executives want to avoid similar problems. Which of the following would be the best approach for Quantum?

Accepted Answer

A)  improving conditions at the subcontract facilities 
B)  developing an external ethics code for foreign partners and letting them worry about compliance. 
C)  requiring local governments to alter their labor policies 
D)  leaving the market and focusing on domestic production 
A)  improving conditions at the subcontract facilities 
B)  developing an external ethics code for foreign partners and letting them worry about compliance. 
C)  requiring local governments to alter their labor policies 
D)  leaving the market and focusing on domestic production

Question 7

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

Accepted Answer

A)  companies registered in the U.S. 
B)  foreign firms operating in U.S. territory 
C)  foreign firms quoted on a U.S. stock exchange 
D)  foreign companies managed by U.S. expatriates 
A)  companies registered in the U.S. 
B)  foreign firms operating in U.S. territory 
C)  foreign firms quoted on a U.S. stock exchange 
D)  foreign companies managed by U.S. expatriates

Question 8

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 polices 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 polices for each subsidiary

Question 9

U.S. MNEs that operate in Europe are under pressure to conform to the emissions standards of the Kyoto Protocol.

Accepted Answer

A) True 
 B)False

Question 10

What is extraterritoriality? Why is the concept controversial?

Accepted Answer

Extraterritoriality takes place when gov

Question 11

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

Accepted Answer

A)  purchase carbon credits from other firms 
B)  file petitions to appeal the requirement 
C)  cease manufacturing operations 
D)  pay fines to the U.N. 
A)  purchase carbon credits from other firms 
B)  file petitions to appeal the requirement 
C)  cease manufacturing operations 
D)  pay fines to the U.N.

Question 12

Which of the following is most important to the effectiveness of an internal code of conduct?

Accepted Answer

A)  ensuring that employees understand the code by requiring confirmation in writing 
B)  paying bonuses to suppliers and distributors that agree to the code 
C)  relying on nonprofit NGOs to develop guidelines 
D)  adhering to industry standards and norms 
A)  ensuring that employees understand the code by requiring confirmation in writing 
B)  paying bonuses to suppliers and distributors that agree to the code 
C)  relying on nonprofit NGOs to develop guidelines 
D)  adhering to industry standards and norms

Question 13

Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

Accepted Answer

A)  employees 
B)  competitors 
C)  shareholders 
D)  customers 
A)  employees 
B)  competitors 
C)  shareholders 
D)  customers

Question 14

Under the practice of extraterritoriality,legal and ethical values in a country may cause its companies to operate abroad according to home country laws rather than host country laws.

Accepted Answer

A) True 
 B)False

Question 15

The 1997 Kyoto Protocol is best described as an agreement that requires ________.

Accepted Answer

A)  all members of the United Nations to reduce their greenhouse gas emissions by 5.2 percent 
B)  the United States and Japan to control greenhouse gas emissions by 8% below 1995 levels 
C)  the signatory countries to cut greenhouse gas emissions to 5.2 percent below 1990 levels 
D)  the signatory countries to reduce greenhouse gas emissions by 80% by 2050 
A)  all members of the United Nations to reduce their greenhouse gas emissions by 5.2 percent 
B)  the United States and Japan to control greenhouse gas emissions by 8% below 1995 levels 
C)  the signatory countries to cut greenhouse gas emissions to 5.2 percent below 1990 levels 
D)  the signatory countries to reduce greenhouse gas emissions by 80% by 2050

Question 16

An internal code of conduct is a set of guidelines,recommendations,and rules issued by entities within society but outside the firm with the intent of affecting the behavior of international business entities in order to enhance corporate responsibility.

Accepted Answer

A) True 
 B)False

Question 17

A manager who refuses to bribe customs officials in a foreign country,even though it is morally acceptable in that country,is most likely to believe in which of the following perspectives on ethics?

Accepted Answer

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

Question 18

General Electric has focused on being more "green" in recent years most likely because ________.

Accepted Answer

A)  the industry has always looked to GE as a trend setter in green technology 
B)  GE executives believe the firm can strategically align investor and environmental interests 
C)  GE executives realize that the firm can save significant money through the use of solar technology 
D)  the U.S. government has decided to use GE as a test case to see if the adoption of the Kyoto Protocol can actually work for a U.S. firm 
A)  the industry has always looked to GE as a trend setter in green technology 
B)  GE executives believe the firm can strategically align investor and environmental interests 
C)  GE executives realize that the firm can save significant money through the use of solar technology 
D)  the U.S. government has decided to use GE as a test case to see if the adoption of the Kyoto Protocol can actually work for a U.S. firm

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

According to the Ethical Trading Initiative (ETI),________.

The Ethical Trading Initiative (ETI)is primarily focused on ________.

Which of the following best explains Nike's quick response to criticism of unfair employment practices in developing countries?

Which of the following is a voluntary effort by 150 multinational construction and natural-resources companies to end bribery?

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

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

U.S. MNEs that operate in Europe are under pressure to conform to the emissions standards of the Kyoto Protocol.

What is extraterritoriality? Why is the concept controversial?

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

Which of the following is most important to the effectiveness of an internal code of conduct?

Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

Under the practice of extraterritoriality,legal and ethical values in a country may cause its companies to operate abroad according to home country laws rather than host country laws.

The 1997 Kyoto Protocol is best described as an agreement that requires ________.

An internal code of conduct is a set of guidelines,recommendations,and rules issued by entities within society but outside the firm with the intent of affecting the behavior of international business entities in order to enhance corporate responsibility.

A manager who refuses to bribe customs officials in a foreign country,even though it is morally acceptable in that country,is most likely to believe in which of the following perspectives on ethics?

General Electric has focused on being more "green" in recent years most likely because ________.

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

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

According to the Ethical Trading Initiative (ETI),________.

The Ethical Trading Initiative (ETI)is primarily focused on ________.

Which of the following best explains Nike's quick response to criticism of unfair employment practices in developing countries?

Which of the following is a voluntary effort by 150 multinational construction and natural-resources companies to end bribery?

Which of the following is NOT affected by the Foreign Corrupt Practices Act?

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

U.S. MNEs that operate in Europe are under pressure to conform to the emissions standards of the Kyoto Protocol.

What is extraterritoriality? Why is the concept controversial?

Firms that operate in countries that have adopted the Kyoto Protocol are required to either reduce emissions or ________.

Which of the following is most important to the effectiveness of an internal code of conduct?

Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

Under the practice of extraterritoriality,legal and ethical values in a country may cause its companies to operate abroad according to home country laws rather than host country laws.

The 1997 Kyoto Protocol is best described as an agreement that requires ________.

An internal code of conduct is a set of guidelines,recommendations,and rules issued by entities within society but outside the firm with the intent of affecting the behavior of international business entities in order to enhance corporate responsibility.

A manager who refuses to bribe customs officials in a foreign country,even though it is morally acceptable in that country,is most likely to believe in which of the following perspectives on ethics?

General Electric has focused on being more "green" in recent years most likely because ________.

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