Question 1

Which of the following is not a characteristic of sweatshops?

Accepted Answer

A)  child labor
B)  low pay
C)  poor working conditions
D)  forced prostitutionE) None of the above
F) B) and C)

Question 2

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.

Accepted Answer

Nestlé and other infant formula producer...

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.
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.

Accepted Answer

Students should be evenly split on this ...

Question 4

The most challenging situation for an MNC to face is

Accepted Answer

A)  operating in socialist countries.
B)  operating in more than ten countries at the same time.
C)  operating is less-developed countries.
D)  operating without a clearly defined strategic plan.E) A) and D)
F) None of the above

Question 5

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

Accepted Answer

A)  allowing workers to form unions.
B)  prohibiting corporal punishment.
C)  providing retirement benefits.
D)  limiting work to a maximum of 48 hours per week.E) A) and B)
F) A) and C)

Question 6

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

Accepted Answer

A)  they could allow the firm to recoup some costs of incorporating overseas.
B)  they could allow the firm to sue foreign firms on a reciprocal basis.
C)  they provide an insight in the customs of the host country.
D)  they are increasingly being named as defendants in tort cases for doing business in countries with repressive governments.E) B) and C)
F) B) and D) D

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A)  legitimation.
B)  local partnering.
C)  creeping expropriation.
D)  localization.E) B) and D)
F) A) and D)

Question 9

Which of the following is not an example of corruption?

Accepted Answer

A)  bribery
B)  paying for political favors
C)  negotiating for the lowest price on a contract
D)  paying protection money to the policeE) None of the above
F) A) and D) C

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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.

Accepted Answer

The most basic barrier stems from the di...

Question 13

The Foreign Corrupt Practices Act allows

Accepted Answer

A)  bribes under $10,000.
B)  bribes,as long as the firm does not deduct them on its tax return.
C)  bribes,as long as they are disclosed to shareholders.
D)  grease payments.E) C) and D)
F) A) and B)

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.
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.

Accepted Answer

The UN Global Compact is more explicit in defining principles for each area while the Caux Principles are more general in nature yet addressing the issues vaguely.

Question 15

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

Accepted Answer

A)  cultural aspects
B)  business/government interactions
C)  exploration of global markets
D)  religious and other traditional holidaysE) All of the above
F) B) and C)

Question 16

Argument against bribery include all the following except

Accepted Answer

A)  you shouldn't compromise your beliefs.
B)  bribery is illegal in the United States.
C)  managers can deal with corrupt governments.
D)  one should take a stand for honesty.E) C) and D)
F) B) and D)

Question 17

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.

Accepted Answer

A) True 
 B)False

Question 18

International markets must be pursued if firms want to remain

Accepted Answer

A)  competitive.
B)  ethical.
C)  free from corruption.
D)  legitimate.E) A) and D)
F) B) and D)

Question 19

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

Accepted Answer

A)  Bribes are inherently wrong.
B)  Bribes create dependence on corrupt individuals.
C)  Bribes are unfair because foreigners can get them,while U.S.citizens cannot.
D)  Once bribes start,they never stop.E) A) and B)
F) A) and C)

Question 20

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

Accepted Answer

A) True 
 B)False

Exam 10: Ethical Issues in the Global Arena

Which of the following is not a characteristic of sweatshops?

Correct Answer
verified

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.

Correct Answer
verified
Nestlé and other infant formula producer...
View Answer

Correct Answer
verified
Students should be evenly split on this ...
View Answer

The most challenging situation for an MNC to face is

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified
D

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

Correct Answer
verified

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

Correct Answer
verified

Which of the following is not an example of corruption?

Correct Answer
verified
C

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

Correct Answer
verified

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

Correct Answer
verified

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.

Correct Answer
verified
The most basic barrier stems from the di...
View Answer

The Foreign Corrupt Practices Act allows

Correct Answer
verified

Correct Answer
verified
The UN Global Compact is more explicit in defining principles for each area while the Caux Principles are more general in nature yet addressing the issues vaguely.

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

Correct Answer
verified

Argument against bribery include all the following except

Correct Answer
verified

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.

Correct Answer
verified

International markets must be pursued if firms want to remain

Correct Answer
verified

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

Correct Answer
verified

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

Correct Answer
verified

Exam 10: Ethical Issues in the Global Arena

Which of the following is not a characteristic of sweatshops?

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedNestlé and other infant formula producer...View AnswerShow Answer

Correct AnswerverifiedStudents should be evenly split on this ...View AnswerShow Answer

The most challenging situation for an MNC to face is

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedD

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following is not an example of corruption?

Correct AnswerverifiedC

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedThe most basic barrier stems from the di...View AnswerShow Answer

The Foreign Corrupt Practices Act allows

Correct AnswerverifiedShow Answer

Correct AnswerverifiedThe UN Global Compact is more explicit in defining principles for each area while the Caux Principles are more general in nature yet addressing the issues vaguely.

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

Correct AnswerverifiedShow Answer

Argument against bribery include all the following except

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

International markets must be pursued if firms want to remain

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
Nestlé and other infant formula producer...
View Answer

Correct Answer
verified
Students should be evenly split on this ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
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D

Correct Answer
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Correct Answer
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Correct Answer
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C

Correct Answer
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Correct Answer
verified

Correct Answer
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The most basic barrier stems from the di...
View Answer

Correct Answer
verified

Correct Answer
verified
The UN Global Compact is more explicit in defining principles for each area while the Caux Principles are more general in nature yet addressing the issues vaguely.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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