Question 1

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Discuss the differing philosophies held by MNCs and less-developed host countries.Which philosophy do you think is more appropriate?

Accepted Answer

The answer of Provide a short answer to each of...

Question 2

One way to resolve ethical conflicts between an MNC's home country and host country is to simply stop doing business in the host country.

Accepted Answer

A) True 
 B)False

Question 3

Arguments in favor of bribery include

Accepted Answer

A) it's necessary for profit. 
B) nobody does it. 
C) they are forms of wages. 
D) they are not expected.

Question 4

Global codes of conduct seek to establish domestic principles or guidelines by which businesses might follow while doing business around the world.

Accepted Answer

A) True 
 B)False

Question 5

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Describe the differences between internationalization and globalization.

Accepted Answer

The answer of Provide a short answer to each of...

Question 6

Which of the following is not a factor in a host country's perception of the legitimacy of an MNC?

Accepted Answer

A) size of the firm 
B) profitability of the firm 
C) similarities and differences between the cultures of the home and host countries 
D) values and lifestyles of the firm's managers

Question 7

Which of the following is not one of home/host stakeholder pressures?

Accepted Answer

A) culture 
B) system of government 
C) economic system 
D) laws

Question 8

Which of the following countries was not an original participant in the NAFTA agreement?

Accepted Answer

A) Canada 
B) Puerto Rico 
C) United States 
D) Mexico

Question 9

Which of the following is not a strategy for improving global business ethics?

Accepted Answer

A) use of global codes of conduct 
B) incorporating ethical dimensions into top level strategic planning processes 
C) imposing the home country's ethical standards on the host country 
D) suspension of activities

Question 10

Peter Drucker has labeled the expanded global marketplace the

Accepted Answer

A) moral free space. 
B) hypercompetitive economy. 
C) transnational economy. 
D) multinational competitive sphere.

Question 11

Current standards for SA800 include all the following except

Accepted Answer

A) certifications. 
B) compensations. 
C) management systems. 
D) child labor.

Question 12

Multinational corporations are all of the following except

Accepted Answer

A) corporations operating with offices,factories,and headquarters in more than one country. 
B) multinational enterprises. 
C) financial powerhouses 
D) transnational corporations.

Question 13

One of the ethical issues that is exacerbated by operating in an developing countries is that the host nation's citizens often do not understand the technology being used,nor do they recognize its potential dangers.

Accepted Answer

A) True 
 B)False

Question 14

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.
Make a case for paying premium wages to workers in less-developed countries.

Accepted Answer

The answer of Utilize the knowledge you have gained to...

Question 15

The Alien Tort Claims Act has had the effect of transforming human-rights ethical issues into financial issues.

Accepted Answer

A) True 
 B)False

Question 16

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Provide and example of how the FCPA has cracked down on corrupt practices.

Accepted Answer

The answer of Provide a short answer to each of...

Question 17

To be viewed as legitimate in their host countries,MNCs must fulfill their social responsibilities,including all of the following except

Accepted Answer

A) economic functions. 
B) legal duties. 
C) philanthropic opportunities. 
D) technological functions.

Question 18

For an MNC to be perceived as legitimate in the eyes of a host country,it must be properly incorporated and pay its fair share of taxes.

Accepted Answer

A) True 
 B)False

Question 19

The United States' rank in the Corruption Perception Index is

Accepted Answer

A) worse than that of Haiti. 
B) at the very bottom. 
C) above that of Sweden. 
D) somewhere in the middle.

Question 20

The position that advocates that an MNC should continue to follow its home country's ethical standards even while operating in another country is known as

Accepted Answer

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

Exam 10: Ethical Issues in the Global Arena

Provide a short answer to each of these questions.Be sure to fully explain your answer. Discuss the differing philosophies held by MNCs and less-developed host countries.Which philosophy do you think is more appropriate?

One way to resolve ethical conflicts between an MNC's home country and host country is to simply stop doing business in the host country.

Arguments in favor of bribery include

Global codes of conduct seek to establish domestic principles or guidelines by which businesses might follow while doing business around the world.

Provide a short answer to each of these questions.Be sure to fully explain your answer. Describe the differences between internationalization and globalization.

Which of the following is not a factor in a host country's perception of the legitimacy of an MNC?

Which of the following is not one of home/host stakeholder pressures?

Which of the following countries was not an original participant in the NAFTA agreement?

Which of the following is not a strategy for improving global business ethics?

Peter Drucker has labeled the expanded global marketplace the

Current standards for SA800 include all the following except

Multinational corporations are all of the following except

One of the ethical issues that is exacerbated by operating in an developing countries is that the host nation's citizens often do not understand the technology being used,nor do they recognize its potential dangers.

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. Make a case for paying premium wages to workers in less-developed countries.

The Alien Tort Claims Act has had the effect of transforming human-rights ethical issues into financial issues.

Provide a short answer to each of these questions.Be sure to fully explain your answer. Provide and example of how the FCPA has cracked down on corrupt practices.

To be viewed as legitimate in their host countries,MNCs must fulfill their social responsibilities,including all of the following except

For an MNC to be perceived as legitimate in the eyes of a host country,it must be properly incorporated and pay its fair share of taxes.

The United States' rank in the Corruption Perception Index is

The position that advocates that an MNC should continue to follow its home country's ethical standards even while operating in another country is known as