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10 Cards in this Set
- Front
- Back
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For an MNC seeking to gain legitimacy in its host country, which of the following is least likely to be a problem?
-different lifestyles of the managers from the two countries -the exchange rate of the two countries’ currencies -differences in interests of the MNC and the host country -majority ownership of the MNC by foreign interests |
-the exchange rate of the two countries’ currencies |
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Ethical imperialism means that an MNC
-adopts the ethical standards of the host country. -adheres strictly to hypernorms. -seeks to operate entirely in moral free space. -continues to follow its home country’s ethical standards in its host country. |
-continues to follow its home country’s ethical standards in its host country. |
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Which of the following is not one the actions for improving international business ethics recommended by Laczniak and Naor?
-develop global codes of conduct -include ethical dimensions of multinational business in corporate-wide strategy -adopt the ethical standards of the host country -develop periodic ethical impact statements |
-adopt the ethical standards of the host country |
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Which of the following is not one of DeGeorge’s moral guidelines for MNCs?
-Do no intentional, direct harm -Pay a premium on all local taxes. -Respect the human rights of their employees. -Contribute to the host country’s development. |
-Pay a premium on all local taxes. |
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Antiglobalists believe that globalization is responsible for all of the following problems except
-destruction of local economies. -undermining of local cultures. -overpopulation. -abuses of human rights. |
-overpopulation. |
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Which of the following is not one of the international bodies that set the rules for the global economy?
-World Trade Organization (WTO) -North Atlantic Treaty Organization (NATO) -International Monetary Fund (IMF) -World Bank |
-North Atlantic Treaty Organization (NATO) |
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The exact meaning of globalization is
-the process by which firms increase their awareness of the influence of international activities on their future and establish and conduct transactions with firms from other countries. -global economic integration of many formerly national economies into one global economy. -the system of free movement of resources around the world. -the homogenization of different ethical standards into one common set of standards. |
-global economic integration of many formerly national economies into one global economy. |
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Which of the following is not one of Donaldson’s ten fundamental rights?
-the right to freedom of movement -the right to a fair trial -the right to political participation -the right to a college education |
-the right to a college education |
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The two underlying challenges of operating in a multinational environment are
-economic and political -legal and economic -corporate legitimacy and differing philosophies -corporate legitimacy and political |
-corporate legitimacy and differing philosophies |
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Which of the following is not one of the four major challenges in the relationships between MNCs and their host countries?
-reconciling differences in the legal systems of the home and host countries -facing cultural differences -differences in the interactions between business and government sectors in the home and host countries -management and control of global operations |
-reconciling differences in the legal systems of the home and host countries |
