Exam 2: Managing Interdependence, Social Responsibility, and Ethics

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

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?

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

The biggest single problem for MNCs in their attempt to define a corporate-wide ethical posture is the great variation of ethical standards around the world.

What are questionable payments? Why are they problematic for international managers?

Which of the following terms refers to the practice by a country of rallying public opinion in favor of national goals and against foreign influences?

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

John,an American national,works as a manager at his firm's subsidiary in Indonesia.A local government official tells John that materials could be delivered to the firm's facility more quickly if John pays an extra fee to the port supervisor.What should be John's first action?

Which of the following is the main reason why companies dispose hazardous wastes in less developed countries?

Which of the following is a primary focus of the research that is carried out by Transparency International?

Globalization has reduced the ethical problems facing organizations.

What is the primary problem for MNCs that try to define organizational ethics?

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

Global interdependence creates demands on international managers to take a positive stance on issues of social responsibility and ethical behavior.

Primo is a multinational enterprise based in California that manufactures and sells affordably priced athletic shoes in retail stores around the world.A Primo manufacturing subsidiary in China employs over 20,000 locals.Primo executives recently learned of human rights violations at the firm's China subsidiary.Workers had been forced to work more than 60 hours each week,and minimum wage laws were regularly ignored.As a result,Primo executives need to decide whether to continue operations in China. Which of the following is MOST relevant to the decision by Primo to remain in China?

Moral universalism is the need for a moral standard that is accepted by all ________.

The Foreign Corrupt Practices Act (FCPA)prohibits U.S.companies from making illegal payments,other gifts,or political contributions to foreign government officials for the purpose of influencing them in business transactions.

If MNCs want to take the lead in dealing with ecological interdependence,then they most likely need to ________.

________ is a systems view in which one seeks to optimize the total materials cycle from virgin material,to finished material,to component,to product,to obsolete product,and to ultimate disposal.

________ lies at the intersection of financial,social,and environmental health--sometimes described as the "triple bottom line."