Question 1

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

Accepted Answer

A) ethical relativism. 
B) ethical egoism. 
C) ethical imperialism. 
D) ethical hegemony. 
A) ethical relativism. 
B) ethical egoism. 
C) ethical imperialism. 
D) ethical hegemony.

Question 2

Grease payments are all of following except

Accepted Answer

A) monies given to minor officials 
B) get goods through red tape 
C) monies given to high ranking officials 
D) small sums of money 
A) monies given to minor officials 
B) get goods through red tape 
C) monies given to high ranking officials 
D) small sums of money

Question 3

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.
Why would people object to global capitalism,as they have done at various meetings of the World Trade Organization,the World Bank,and the G8?

Accepted Answer

Protesters list a number of complaints a

Question 4

All of the following groups have criticized MNC labor practices except

Accepted Answer

A) social activist groups. 
B) church groups. 
C) labor unions. 
D) grassroots organizations. 
A) social activist groups. 
B) church groups. 
C) labor unions. 
D) grassroots organizations.

Question 5

Corruption,at its core,is essentially an abuse of power.

Accepted Answer

A) True 
 B)False

Question 6

All of the following are arguments in support of bribery except

Accepted Answer

A) everybody does it. 
B) it is normal practice in many countries. 
C) it is a form of commission,tax,or compensation for doing business between cultures. 
D) it is a way of providing needy foreigners with money they need. 
A) everybody does it. 
B) it is normal practice in many countries. 
C) it is a form of commission,tax,or compensation for doing business between cultures. 
D) it is a way of providing needy foreigners with money they need.

Question 7

In the book Globality,business is about competing with everyone from everywhere for everything.

Accepted Answer

A) True 
 B)False

Question 8

Transparency International's Corruption Perception Index (CPI)has historically been highest in underdeveloped countries.

Accepted Answer

A) True 
 B)False

Question 9

Moving jobs that have historically resided in the home country to a lower-cost host country is called

Accepted Answer

A) expense minimization. 
B) offshoring. 
C) career displacement. 
D) employment modernization. 
A) expense minimization. 
B) offshoring. 
C) career displacement. 
D) employment modernization.

Question 10

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Discuss the events that marked the beginning of the new,new world of international business,and the implications of those events.

Accepted Answer

The new,new world of international busin

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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.

Accepted Answer

While,on the surface,this requirement ap

Question 13

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Discuss the best ways to combat bribery.

Accepted Answer

As with most social ills,the best way to

Question 14

Which of the following is not part of the anticorruption movement?

Accepted Answer

A) Transparency International 
B) OECD antibribery initiatives 
C) individual country initiatives 
D) World Trade Organization 
A) Transparency International 
B) OECD antibribery initiatives 
C) individual country initiatives 
D) World Trade Organization

Question 15

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Describe the changing nature of multinational corporations over the past century.

Accepted Answer

At the beginning of the 20th century,mos

Question 16

The Alien Tort Claims Act allows

Accepted Answer

A) foreign individuals to sue U.S.firms in American courts for their actions abroad. 
B) foreign companies to sue U.S.firms in American courts for their actions abroad. 
C) foreign individuals to sue U.S.firms in foreign courts for their actions abroad. 
D) foreign companies to sue U.S.firms in foreign courts for their actions abroad. 
A) foreign individuals to sue U.S.firms in American courts for their actions abroad. 
B) foreign companies to sue U.S.firms in American courts for their actions abroad. 
C) foreign individuals to sue U.S.firms in foreign courts for their actions abroad. 
D) foreign companies to sue U.S.firms in foreign courts for their actions abroad.

Question 17

The ethical issues encountered in underdeveloped countries are often more difficult than those found in industrialized nations.

Accepted Answer

A) True 
 B)False

Question 18

There are three levels of sensitivity that MNCs should exhibit for the long-run national interests of less-developed countries.All of the following are levels of sensitivity except

Accepted Answer

A) the need to modify or redesign products. 
B) the impacts of products on the host country. 
C) the need to modify marketing efforts to conform to local custom. 
D) the extent to which the firm's products are politically vulnerable. 
A) the need to modify or redesign products. 
B) the impacts of products on the host country. 
C) the need to modify marketing efforts to conform to local custom. 
D) the extent to which the firm's products are politically vulnerable.

Question 19

The center of the controversy that aligns rich nations against poor nations is

Accepted Answer

A) control of oil. 
B) the legitimacy of MNCs in the two types of countries. 
C) what the trade rules will be,and who will write the rules. 
D) use of natural resources on an equitable basis. 
A) control of oil. 
B) the legitimacy of MNCs in the two types of countries. 
C) what the trade rules will be,and who will write the rules. 
D) use of natural resources on an equitable basis.

Question 20

The Foreign Corrupt Practices Act

Accepted Answer

A) governs the operations of foreign MNCs in the United States. 
B) makes it illegal to make any type of payment to a foreign citizen for the purpose of doing business. 
C) makes it illegal for the representative of an American corporation to offer or pay officials of foreign governments for the purpose of getting or maintaining business. 
D) makes it illegal for American government officials to accept bribes from foreign nationals. 
A) governs the operations of foreign MNCs in the United States. 
B) makes it illegal to make any type of payment to a foreign citizen for the purpose of doing business. 
C) makes it illegal for the representative of an American corporation to offer or pay officials of foreign governments for the purpose of getting or maintaining business. 
D) makes it illegal for American government officials to accept bribes from foreign nationals.

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

Grease payments are all of following except

All of the following groups have criticized MNC labor practices except

Corruption,at its core,is essentially an abuse of power.

All of the following are arguments in support of bribery except

In the book Globality,business is about competing with everyone from everywhere for everything.

Transparency International's Corruption Perception Index (CPI)has historically been highest in underdeveloped countries.

Moving jobs that have historically resided in the home country to a lower-cost host country is called

Provide a short answer to each of these questions.Be sure to fully explain your answer. Discuss the events that marked the beginning of the new,new world of international business,and the implications of those events.

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

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.

Provide a short answer to each of these questions.Be sure to fully explain your answer. Discuss the best ways to combat bribery.

Which of the following is not part of the anticorruption movement?

Provide a short answer to each of these questions.Be sure to fully explain your answer. Describe the changing nature of multinational corporations over the past century.

The Alien Tort Claims Act allows

The ethical issues encountered in underdeveloped countries are often more difficult than those found in industrialized nations.

There are three levels of sensitivity that MNCs should exhibit for the long-run national interests of less-developed countries.All of the following are levels of sensitivity except

The center of the controversy that aligns rich nations against poor nations is

The Foreign Corrupt Practices Act

The Business and Society Relationship

Corporate Citizenship: Social Responsibility, Responsiveness, and Performance

The Stakeholder Approach to Business, Society, and Ethics

Corporate Governance: Foundational Issues

Strategic Management and Corporate Public Affairs

Issues Management and Crisis Management

Business Ethics Fundamentals

Personal and Organizational Ethics

Business Ethics and Technology

Business,Government,and Regulation

Business Influence on Government and Public Policy

Consumer Stakeholders: Information Issues and Responses

Consumer Stakeholders: Product and Service Issues

The Natural Environment As Stakeholder

Business and Community Stakeholders

Employee Stakeholders and Workplace Issues

Employee Stakeholders: Privacy, safety, and Health

Employment Discrimination and Affirmative Action

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Exam 10: Ethical Issues in the Global Arena

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

Grease payments are all of following except

All of the following groups have criticized MNC labor practices except

Corruption,at its core,is essentially an abuse of power.

All of the following are arguments in support of bribery except

In the book Globality,business is about competing with everyone from everywhere for everything.

Transparency International's Corruption Perception Index (CPI)has historically been highest in underdeveloped countries.

Moving jobs that have historically resided in the home country to a lower-cost host country is called

Provide a short answer to each of these questions.Be sure to fully explain your answer. Discuss the events that marked the beginning of the new,new world of international business,and the implications of those events.

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

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.

Provide a short answer to each of these questions.Be sure to fully explain your answer. Discuss the best ways to combat bribery.

Which of the following is not part of the anticorruption movement?

Provide a short answer to each of these questions.Be sure to fully explain your answer. Describe the changing nature of multinational corporations over the past century.

The Alien Tort Claims Act allows

The ethical issues encountered in underdeveloped countries are often more difficult than those found in industrialized nations.

There are three levels of sensitivity that MNCs should exhibit for the long-run national interests of less-developed countries.All of the following are levels of sensitivity except

The center of the controversy that aligns rich nations against poor nations is

The Foreign Corrupt Practices Act

The Business and Society Relationship

Corporate Citizenship: Social Responsibility, Responsiveness, and Performance

The Stakeholder Approach to Business, Society, and Ethics

Corporate Governance: Foundational Issues

Strategic Management and Corporate Public Affairs

Issues Management and Crisis Management

Business Ethics Fundamentals

Personal and Organizational Ethics

Business Ethics and Technology

Business,Government,and Regulation

Business Influence on Government and Public Policy

Consumer Stakeholders: Information Issues and Responses

Consumer Stakeholders: Product and Service Issues

The Natural Environment As Stakeholder

Business and Community Stakeholders

Employee Stakeholders and Workplace Issues

Employee Stakeholders: Privacy, safety, and Health

Employment Discrimination and Affirmative Action

Filters