Exam 10: Ethical Issues in the Global Arena.

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Evaluate the proposed requirement that MNCs pay workers at least the legal minimum wage or prevailing industry wage in their overseas factories.

For an MNC to be perceived as legitimate in the eyes of a host country, it must fulfill its social responsibilities.

MNCs based in the United States and in the European Union have played a key leadership role in world affairs.

Involving two or more cultures in ethical issues makes their resolution much more difficult.

Despite the poor economy, there is a backlash against globalization.

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. -What are the most important factors leading a firm to take corporate action against corruption?

An attempt to assess the underlying moral justifications for corporate actions and the consequent results of those actions are contained in

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Describe Earth Hour, and its growth. What has been its effect on awareness of global warming and climate change? Have you ever participated in Earth Hour in your community?

Which of the following is not a strategy for improving global business ethics?

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Describe a situation in which the best course of action for an MNC would be to suspend business activities in a host country where it is currently doing or contemplates doing business. What would precipitate such an action?

Payment of a bribe implies some type of

Which of the following is not an example of corruption?

U.S. based MNCs are increasingly interested in cases brought under the Alien Tort Claims Act because

The position that advocates that an MNC follow the host country's ethical standards is called

The practice of offering something in order to gain an illicit advantage is called

Which of the following is not a characteristic of sweatshops?

Arguments against bribery include all the following except

All of the following are issues that include an ethical dimension and are national security versus profits issues except

Ethical issues in the global environment include all of these except:

Global codes of conduct seek to establish domestic principles or guidelines by which businesses might follow while doing business around the world.