B&s Final

Front 1

benefits sought by MNCs

Back 1

a) raw materials
b) new markets
c) lower labor costs
d) opperating and administrative efficiencies
e) network relations with other MNCs

Front 2

differences between contract and tort model

Back 2

1. Principle
a) contract: courts have authority to enforce contracts
b) tort: court has broad authority to right "wrongs"
2. Grounds for suit
a)contract: generally limited to failure to comply with obligations
b) tort: defendant displayed intent to cause harm or negligence
3. potential plaintiffs
a) contract: parties to the contract
b) tort: may be single or "class" of people who are alleged to the same harm
4. potential defendants
a) contract: parties to the contract
b) tort: anyone with plausible responsibility
5. recovery:
a) contract: normally limited to economic losses
b) tort: may include compensatory or punitive damages

Front 3

what changes took place in the last 1/2 century in relations to employees

Back 3

a) globalization of industries and markets
b) technology innovations
c) rising costs of benefits
d) diversity of lifestyle

Front 4

name and describe levels of community responsibility

Back 4

Financial Partnership – select an organization and make a significant, ongoing commitment.
Encourage Volunteerism – Set expectations for community involvement for managers.
Sponsor Projects for Community Groups - recruit volunteers for specific projects (often combined with financial support from the business.)
Initiate/Manage Community Programs – Take responsibility for organizing and coordinating efforts to address community problems.

Front 5

factors that accelerate globalization

Back 5

a) technological innovations
b) transportation systems
c) the rise of major transnational corporation
d) social and political reform

Front 6

legal rights shareholders have in a corporation

Back 6

a) to receive dividends, if declared
b) to vote on members of board of directors, mergers &acquisitions
c) to receive annual reports on the company's financial condition
d) to bring shareholder suits against company and officers
e) to sell their own shares of stock to others

Front 7

issues facing privacy in the work place

Back 7

a) electronic monitoring
b) romance in the workplace
c) employee drug use and testing
d) alcohol abuse at work
e) employee theft and honesty testing

Front 8

advice for corporations towards community relations

Back 8

a) economic development
b) crime abatement
c) housing
d) aid to monitor entrepreneurs
e) disaster, terrorism and war releif