Exam 10: Ethical Issues in the Global Arena

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.

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

Which of the following is not an example of corruption?

Which of the following is not an argument commonly used against bribery?

Argument against bribery include all the following except

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.

Which of the following is not one the broad issues facing MNCs in their relationships with host countries?

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. Bribery can be initiated by either party to the transaction.The person paying the bribe can offer it,or the recipient can demand it.Determine which party is the least ethical one,the payor who offers the bribe,or the recipient who demands it.

The most visible issue in the United States related to globalization is moving jobs overseas.

All of the following are proposed standards for the SA8000 program,to improve sweatshop conditions,except

The Nestlé infant formula case is one in which a normal business practice in the firm's home country proved to be problematic in the host countries.

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

Provide a short answer to each of these questions.Be sure to fully explain your answer. Describe the MNC's basic barrier to achieving legitimacy in its host country.

Which of the following is not a characteristic of sweatshops?

The most challenging situation for an MNC to face is

The requirement for an MNC to take on local partners is referred to as

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

The Foreign Corrupt Practices Act allows

One of the things that makes it difficult for U.S.MNCs to deal with sweatshops is that they only occur in foreign countries.

International markets must be pursued if firms want to remain