Exam 10: Ethical Issues in the Global Arena.

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Review the major causes of the Nestlé infant formula controversy.

Countries at earlier stages of economic development often do not have a legal or ethical infrastructure in place to help protect their citizenry.

All of the following groups have criticized MNC labor practices except

Major strategies MNCs may use to conduct global business, but still maintain an ethical sensitivity include all of these except:

Global trade is:

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Evaluate Nestlé's action in defining the issue and keeping the issue out of the limelight, in the infant formula case.

Provide a short answer to each of these questions. Be sure to fully explain your answer. -According to the textbook, Dow Chemical, which bought Union Carbide in 2001, is still subjected to claims by the survivors of the Bhopal disaster. Based on your understanding of the incident and its aftermath, determine whether or not Dow should continue to be liable to the victims of Bhopal.

Which of the following is not a feature of the global economy?

The philosophy of Western industrialized nations and their MNCs includes all of these factors except:

Cultural differences between an MNC's home country and its host country sometimes make it difficult to distinguish between cultural issues and ethical issues.

The Alien Tort Claims Act has recently been interpreted by the U.S. Supreme Court to apply not only within the U.S., but outside it as well.

In 2012, the United States' rank in the Corruption Perception Index was:

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -The two most widely used global standards are the UN Global Compact and the Caux Roundtable Principles. Compare and contrast the two for their approach to human, labor, and environment rights.

Cultural relativism is the best ethical guide for MNCs faced with a moral dilemma in its host country.

Cheap labor factories that abuse women, children, and workers are called sweatshops.

Which of the following is not an SA8000 standard proposed to improve sweatshop conditions?

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Discuss the differing philosophies held by MNCs and less-developed host countries. Which philosophy do you think is more appropriate?

One of the ethical issues that is exacerbated by operating in developing countries is that the host nation's citizens often do not understand the technology being used, nor do they recognize its potential dangers.

The FCPA differentiates between:

MNCs often pay their employees in underdeveloped countries less than the average local wage.