Business

Leon Sullivan argued that it was ethically justified for Western busin

QUESTION Leon Sullivan argued that it was ethically justified for Western businesses to operate in South Africa so long as the companies obeyed the apartheid laws. Indicate whether the statement is true or false.   ANSWER FALSE Sullivan argued that it was ethically justified for General Motors to operate in South Africa so long as […]

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Date: September 3rd, 2020

The Foreign Corrupt Practices Act does not allow for “facilitating pay

QUESTION The Foreign Corrupt Practices Act does not allow for “facilitating payments.” Indicate whether the statement is true or false.   ANSWER FALSE Foreign Corrupt Practices Act outlawed the paying of bribes to foreign government officials to gain business. Some U.S. businesses immediately objected that the act would put U.S. firms at a competitive disadvantage. […]

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Date: September 3rd, 2020

The concept of corporate social responsibility (CSR) refers to the ide

QUESTION The concept of corporate social responsibility (CSR) refers to the idea that businesspeople should consider the social consequences of economic actions when making business decisions. Indicate whether the statement is true or false.   ANSWER TRUE The concept of corporate social responsibility (CSR) refers to the idea that businesspeople should consider the social consequences […]

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Date: September 3rd, 2020

Which of the following is a criticism of Hofstede’s four cultural dime

QUESTION Which of the following is a criticism of Hofstede’s four cultural dimensions? A. Hofstede has ignored the one-to-one correspondence between culture and the nation-state. B. Most of Hofstede’s findings are in direct conflict with standard Western stereotypes. C. Hofstede assumes that most countries have more than one cultural dimension. D. Certain social classes were […]

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Date: September 3rd, 2020

Noblesse oblige is a French term referring to those multinationals tha

QUESTION Noblesse oblige is a French term referring to those multinationals that have unethically used their power for private gain. Indicate whether the statement is true or false.   ANSWER FALSE Noblesse oblige is a French term that refers to honorable and benevolent behavior considered the responsibility of people of high (noble) birth. In a […]

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Date: September 3rd, 2020

Hofstede’s fifth dimension of Confucian dynamism captures: A. how a s

QUESTION Hofstede’s fifth dimension of Confucian dynamism captures: A. how a society deals with the fact that people are unequal in physical and intellectual capabilities. B. the relationship between an individual and his or her fellows along with the degree to which individual achievement and freedom are emphasized. C. the extent to which different cultures […]

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Date: September 3rd, 2020

A decade ago the government of Weinsland decided to liberalize the cou

QUESTION A decade ago the government of Weinsland decided to liberalize the country’s economy. As a result, today the country is experiencing rapid economic advancement and societal changes that are favorable for international business. Which of the following changes is most likely to occur in Weinsland? A. The country will exhibit more need for social […]

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Date: September 3rd, 2020