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MGMT 309 Chapter 2 | Verified with 100% Correct Answers

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MGMT 309 Chapter 2 | Verified with 100% Correct Answers In recent years, which of the following has lessened the criticisms of MNCs? greater emphasis on social responsibility by MNCs Which of the following concepts includes the expectation that MNCs should be concerned with the social and economi...

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  • September 4, 2024
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  • mgmt 309 chapter 2
  • MGMT 309
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MGMT 309 Chapter 2


In recent years, which of the following has lessened the criticisms of MNCs?
greater emphasis on social responsibility by MNCs

Which of the following concepts includes the expectation that MNCs should be
concerned with the social and economic effects of their decisions?
international social responsibility

Which of the following significantly increases the complexity of social responsibility and
ethical behavior of MNCs?
additional stakeholders associated with the firm's activities

Sundew, an American soda company, opened a number of manufacturing units in a
developing country. It employed people from the host country to work in the new units.
This move radically lowered the poverty rate in the developing country. In this scenario,
Sundew is ________.
making a foreign investment

Which of the following is a business benefit from corporate social responsibility?
increase in brand value

Which of the following terms refers to an integration of the business environments in
which firms currently operate, resulting from a dissolution of traditional boundaries and
from increasing links among MNCs?
global corporate culture

Moral universalism is the need for a moral standard that is accepted by all ________.
Cultures

With an ethnocentric approach, a company applies the morality used in its ________.
home country

McDonald's, a fast food chain headquartered in the United States, applies the morality it
practices in the United States to all foreign countries in which it operates. McDonald's is
adhering to ________.
Ethnocentrism

A company subscribing to ethical relativism would implement the morality of the
________.
host country

Which of the following often forces the MNC to act in accordance with ethnocentric
value systems?

, public pressure in the home country

Creating Shared Value(CSV) creates ________.
economic value by creating social value

Which of the following creates shared value?
reconceiving products and markets

The Anti-Sweatshop Code of Conduct requires companies to provide a healthy and safe
work environment and ________.
to pay the prevailing local minimum wage

Which of the following is a policy of the Electronic Industry Code of Conduct (EICC)?
Contract manufacturers should follow some basic environmental requirements.

Primo is a multinational enterprise based in California that manufactures and sells
affordably priced athletic shoes in retail stores around the world. A Primo manufacturing
subsidiary in China employs over 20,000 locals. Primo executives recently learned of
human rights violations at the firm's China subsidiary. Workers had been forced to work
more than 60 hours each week and minimum wage laws were regularly ignored. As a
result, Primo executives need to decide if operations in China should be discontinued.

Which of the following, if true, would best support a decision by Primo to remain in
China?
Primo becomes SA8000 certified.

1Which of the following is one of the standards of SA8000?
providing a safe work environment

According to the international codes of conduct, the MNE behavior toward the host
government is related to ________.
economic and developmental policies, laws and regulations, and political involvement

According to the international codes of conduct, MNEs should ________.
conduct research and development activities in developing countries

According to the international codes of conduct, the MNE behavior toward the public is
related to ________.
technology transfer and environmental protection

According to international codes of conduct, which of the following is related to the MNE
behavior toward persons?
human rights

According to international codes of conduct, which of the following is related to the MNE
behavior toward persons?

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