Question 1

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 2

Which of the following is permitted by the Foreign Corrupt Practices Act?

Accepted Answer

A) a bribe paid by foreign firms operating in U.S. territories 
B) a bribe paid by a U.S. firm operating in a foreign country that permits bribes to be paid 
C) a payment to a foreign government official to influence a customs official 
D) a payment to a customs official to clear legitimate merchandise 
A) a bribe paid by foreign firms operating in U.S. territories 
B) a bribe paid by a U.S. firm operating in a foreign country that permits bribes to be paid 
C) a payment to a foreign government official to influence a customs official 
D) a payment to a customs official to clear legitimate merchandise

Question 3

Relativism is the theory that ethical truths depend on the values of the groups holding them; thus, MNEs should adhere to or adopt the cultures of the countries in which they are located.

Accepted Answer

A) True 
 B)False

Question 4

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 5

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?

Accepted Answer

Relativism affirms that ethical truths d

Question 6

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 7

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

Accepted Answer

A) True 
 B)False

Question 8

How can an MNE operating in a developing country have a positive influence on labor policies? Illustrate your answer with an example.

Accepted Answer

MNEs operating in countries with very di

Question 9

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 10

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 policies 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 policies for each subsidiary

Question 11

What types of payments are legal and illegal under the Foreign Corrupt Practices Act (FCPA)of the United States? Provide an example.

Accepted Answer

Payments to officials to expedite otherw

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

Which of the following is permitted by the Foreign Corrupt Practices Act?

Relativism is the theory that ethical truths depend on the values of the groups holding them; thus, MNEs should adhere to or adopt the cultures of the countries in which they are located.

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

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?

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.

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

How can an MNE operating in a developing country have a positive influence on labor policies? Illustrate your answer with an example.

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

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

What types of payments are legal and illegal under the Foreign Corrupt Practices Act (FCPA)of the United States? Provide an example.

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

Global Capital Markets

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 and Finance Issues

International Human Resource Management

Filters

Exam 5: Globalization and Society

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

Which of the following is permitted by the Foreign Corrupt Practices Act?

Relativism is the theory that ethical truths depend on the values of the groups holding them; thus, MNEs should adhere to or adopt the cultures of the countries in which they are located.

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

What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business?

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.

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

How can an MNE operating in a developing country have a positive influence on labor policies? Illustrate your answer with an example.

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

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

What types of payments are legal and illegal under the Foreign Corrupt Practices Act (FCPA)of the United States? Provide an example.

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

Global Capital Markets

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 and Finance Issues

International Human Resource Management

Filters