Question 1

What are some of the advantages and disadvantages for host countries that experience technology transfer from MNCs? Do the benefits outweigh the costs? Why or why not?

Accepted Answer

Advantages include having access to new ...

Question 2

Which of the following prohibits U.S. companies from making illegal payments or other gifts or political contributions to foreign government officials for the purposes of influencing them in business transactions?

Accepted Answer

A)   Sherman Antitrust Act
B)   Robinson-Patman Act
C)   Wagner Corruption Act
D)   Foreign Corrupt Practices Act

Question 3

Richard Rhodes, CEO of Rhodes Architectural Stone, makes a number of recommendations regarding how to deal with ethical situations overseas. Which of the following is NOT one of his recommendations?

Accepted Answer

A)   Refuse to pay bribes at all times.
B)   Accept that some issues are neither black nor white.
C)   Do not conduct business with entities that use child labor.
D)   Do not conduct business with entities that mistreat women.

Question 4

Tokens of appreciation, grease money, and kickbacks are considered ________.

Accepted Answer

A)   cultural reward systems
B)   questionable payments
C)   sales commissions
D)   business expenses

Question 5

Which of the following is considered the primary problem for MNCs attempting to define their corporate-wide ethics?

Accepted Answer

A)   inconsistencies among international laws
B)   variations in ethical behavior standards
C)   corruptions within legal organizations
D)   differences in worldwide religions

Question 6

All of the following are criticisms of multinational corporations EXCEPT that they ________.

Accepted Answer

A)   begin their foreign operations by purchasing existing firms
B)   increase demand for luxury goods in host countries
C)   stimulate too much demand for scarce resources
D)   concentrate their R&D in host countries

Question 7

Under governmentalism, the government uses its policy-setting role to favor national interests, rather than relying on ________.

Accepted Answer

A)   market forces
B)   stockholder interests
C)   competitive analysis
D)   environmental standards

Question 8

A global corporate culture has most likely occurred as a result of ________.

Accepted Answer

A)   corporate-level organizational boundaries
B)   internationally linked securities markets
C)   micropolitical risk events
D)   multimedia pressures

Question 9

In Japan, corporate social responsibility has traditionally meant that the company ________.

Accepted Answer

A)   follows what its competitors are doing
B)   follows the example of the government
C)   donates to charitable organizations
D)   takes care of its employees

Question 10

Criticism against MNCs has primarily regarded their ________.

Accepted Answer

A)   attempts to impose moral standards
B)   dealings with foreign governments
C)   activities in less developed countries
D)   disregard towards the environment

Question 11

U.S. firms are most likely to implement corporate social responsibility by ________.

Accepted Answer

A)   fulfilling business obligations
B)   suggesting social changes
C)   engaging in nationalization
D)   using forms of expropriation

Question 12

What is the purpose of the Foreign Corrupt Practices Act?

Accepted Answer

The Foreign Corrupt Practices Act prohib...

Question 13

What is the relationship between global corporate culture and moral universalism?

Accepted Answer

The emergence of a global corporate cult...

Question 14

According to Robertson and Crittenden, which of the following is a societal factor in a host environment that affects the strategic decisions made by international managers?

Accepted Answer

A)   corporate culture
B)   historic tradition
C)   natural resources
D)   political stability

Question 15

Discuss the different views of corporate social responsibility held by U.S. firms and Japanese firms.

Accepted Answer

In Japan, corporate social responsibilit...

Question 16

The Foreign Corrupt Practices Act of 1977 was primarily established to ________.

Accepted Answer

A)   help U.S. managers distinguish between harmless customs and actual bribery
B)   combat corruption initiated by U.S. electronics firms and their subsidiaries
C)   provide U.S. managers with anonymous methods for reporting bribery
D)   prosecute international extortionists under the U.S. legal system

Question 17

Which of the following terms refers to the business conduct or morals of MNCs in their relationships to all individuals and entities with whom they come in contact when conducting business overseas?

Accepted Answer

A)   global corporate culture
B)   ethical relativism
C)   moral universalism
D)   international business ethics

Question 18

Which of the following statements about the Foreign Corrupt Practices Act (FCPA)  is NOT true?

Accepted Answer

A)   The FCPA allows "grease payments' as long as they are lawful in the host country.
B)   Possible penalties for violating the FCPA include severe fines and imprisonment.
C)   The FCPA allows firms to give government officials gifts in exchange for help.
D)   The FCPA applies only to U.S.-based multinational corporations..

Question 19

What employment practices should MNEs follow abroad according to the international codes of conduct?

Accepted Answer

MNEs should cooperate with host governme...

Question 20

The criticisms of MNCs have been lessened in recent years for all of the following reasons EXCEPT ________.

Accepted Answer

A)   decreasing economic differences among countries
B)   decreasing public concern about environmental issues
C)   increasing emphasis on social responsibility by multinationals
D)   increasing numbers of multinationals from less developed countries

Exam 2: Managing Interdependence Social Responsibility and Ethics

Tokens of appreciation, grease money, and kickbacks are considered ________.

Correct AnswerverifiedShow Answer

Under governmentalism, the government uses its policy-setting role to favor national interests, rather than relying on ________.

Correct AnswerverifiedShow Answer

U.S. firms are most likely to implement corporate social responsibility by ________.

Correct AnswerverifiedShow Answer

Richard Rhodes, CEO of Rhodes Architectural Stone, makes a number of recommendations regarding how to deal with ethical situations overseas. Which of the following is NOT one of his recommendations?

Correct AnswerverifiedShow Answer

According to Robertson and Crittenden, which of the following is a societal factor in a host environment that affects the strategic decisions made by international managers?

Correct AnswerverifiedShow Answer

Which of the following statements about the Foreign Corrupt Practices Act (FCPA) is NOT true?

Correct AnswerverifiedShow Answer

Discuss the different views of corporate social responsibility held by U.S. firms and Japanese firms.

Correct AnswerverifiedIn Japan, corporate social responsibilit...View AnswerShow Answer

The Foreign Corrupt Practices Act of 1977 was primarily established to ________.

Correct AnswerverifiedShow Answer

Which of the following is considered the primary problem for MNCs attempting to define their corporate-wide ethics?

Correct AnswerverifiedShow Answer

The criticisms of MNCs have been lessened in recent years for all of the following reasons EXCEPT ________.

Correct AnswerverifiedShow Answer

All of the following are criticisms of multinational corporations EXCEPT that they ________.

Correct AnswerverifiedShow Answer

What is the relationship between global corporate culture and moral universalism?

Correct AnswerverifiedThe emergence of a global corporate cult...View AnswerShow Answer

Which of the following prohibits U.S. companies from making illegal payments or other gifts or political contributions to foreign government officials for the purposes of influencing them in business transactions?

Correct AnswerverifiedShow Answer

What are some of the advantages and disadvantages for host countries that experience technology transfer from MNCs? Do the benefits outweigh the costs? Why or why not?

Correct AnswerverifiedAdvantages include having access to new ...View AnswerShow Answer

What employment practices should MNEs follow abroad according to the international codes of conduct?

Correct AnswerverifiedMNEs should cooperate with host governme...View AnswerShow Answer

Which of the following terms refers to the business conduct or morals of MNCs in their relationships to all individuals and entities with whom they come in contact when conducting business overseas?

Correct AnswerverifiedShow Answer

Criticism against MNCs has primarily regarded their ________.

Correct AnswerverifiedShow Answer

What is the purpose of the Foreign Corrupt Practices Act?

Correct AnswerverifiedThe Foreign Corrupt Practices Act prohib...View AnswerShow Answer

In Japan, corporate social responsibility has traditionally meant that the company ________.

Correct AnswerverifiedShow Answer

A global corporate culture has most likely occurred as a result of ________.

Correct AnswerverifiedShow Answer

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In Japan, corporate social responsibilit...
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The emergence of a global corporate cult...
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Advantages include having access to new ...
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MNEs should cooperate with host governme...
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The Foreign Corrupt Practices Act prohib...
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