Exam 2: Managing Interdependence, Social Responsibility, and Ethics

Under governmentalism, the government uses its policy-setting role to favor national interests, rather than relying on market forces.

The increased complexity regarding the social responsibility and ethical behavior of firms across borders is brought about by the distance between the headquarters and its subsidiaries.

Which of the following concepts includes the expectation that MNCs should be concerned with the social and economic effects of their decisions?

When managing interdependence, international managers must go beyond general issues of social responsibility and deal with the specific concerns of the MNC subsidiary-host country relationship.

In a globalized market economy, CSR does not have to be part of modern business.

According to the international codes of conduct, the MNE behavior toward the public is related to ________.

According to Robertson and Crittenden, which of the following has made integrating an ethical component into international strategic decisions, challenging?

Which of the following terms refers to a country's use of tariff and nontariff barriers to partially or completely close its borders to various imported products that would compete with domestic products?

Explain the differences between moral universalism, ethnocentrism, and ethical relativism.Which approach is best?

Creating Shared Value (CSV)creates ________.

Which of the following is a business benefit from corporate social responsibility?

The Foreign Corrupt Practices Act of 1977 was primarily established to ________.

Which of the following is dedicated to monitoring issues of data privacy in Europe?

McDonald's, a fast-food chain headquartered in the United States, applies the morality it practices in the United States to all foreign countries in which it operates.McDonald's is adhering to ________.

________ refers to the business conduct or morals of MNCs in their relationships with individuals and entities.

Ethnocentric culture is an integration of the business environments in which firms currently operate.

Creating Shared Value (CSV)leverages the unique resources and expertise of the company to create social value by creating economic value

Which of the following terms refers to an integration of the business environments in which firms currently operate, resulting from a dissolution of traditional boundaries and from increasing links among MNCs?

Which of the following is one of the standards of SA8000?

In recent years, which of the following has lessened the criticisms of MNCs?