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Global Politics and Disinvestment Strategies MCQ

Firestone supporters commended them for working with Taylor’s regime in order to protect ______.

Answer

Correct Answer: The Liberians who depended on them

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Firestone insisted that it negotiated the best terms possible as a private corporation in a foreign country. Firestone denied any collaboration with Taylor and said any activities with Taylor were solely to ______.

Answer

Correct Answer: Protect its employees and property

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Firestone insisted that it negotiated the best terms possible as a private corporation in a foreign country. Firestone denied any collaboration with Taylor and said any activities with Taylor were solely to ______.

Answer

Correct Answer: Protect its employees and property

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ITT assumed political risk by doing business in ______ and interfering with that country’s presidential election process.

Answer

Correct Answer: Chile

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ITT’s reputation was tarnished by fulfilling its contracts to the Germany military throughout World War II by supplying equipment used to ______.

Answer

Correct Answer: Kill British and American troops

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Even though sanctions on Iran for alleged human rights abuse were lifted in 2016 in exchange for restrictions on Tehran’s nuclear weapons program, Boeing was criticized for not maintaining a corporate policy ______.

Answer

Correct Answer: Of disengagement

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During World War II, companies like ITT and IBM chose not to ______ their German operations before the war began, despite being forced to comply with the racist laws of Nazi Germany.

Answer

Correct Answer: Divest

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Yahoo complied with China’s censorship demands in order to have presence in China for economic gain. This is an ethical risk associated with sacrificing a company’s ______.

Answer

Correct Answer: Core values

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Terrorism is a(n) ______ risk when doing business in the Middle East.

Answer

Correct Answer: Political

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A potential political risk with doing business with a country like China, where business is used as an instrument of state power, is ______.

Answer

Correct Answer: Nationalization

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According to cultural relativism, moral rightness is measured in terms of ______.

Answer

Correct Answer: Local customs and social tradition

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Religious differences exemplify ______.

Answer

Correct Answer: Cultural distance

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What does economic distance imply?

Answer

Correct Answer: Unfamiliar economic policies

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Some think Brexit and the election of Donald Trump will cause globalizing forces to ______.

Answer

Correct Answer: Recede

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Which development reduced the transaction costs of selling products in a global marketplace?

Answer

Correct Answer: Networked digital technologies

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The collapse of communism in Russia and Eastern Europe led to the ______ of their economies.

Answer

Correct Answer: Deregulation

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After World War II, corporations like IBM and Pepsi invested abroad, leading the way in ______.

Answer

Correct Answer: Foreign direct investment

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After the stock market crash of 1929, other international markets also collapsed and most economies found themselves on a path to ______.

Answer

Correct Answer: Autarky

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After the onset of the Russian Revolution, multinationals in Russia were ______ by the government.

Answer

Correct Answer: Confiscated

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Which communication device allowed an electronic connection between Europe and the United States for the first time?

Answer

Correct Answer: Telegraph

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Globalization has its roots in ______.

Answer

Correct Answer: Europe

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Which is one reason that globalization is not a fixed attribute of capitalist markets?

Answer

Correct Answer: Political forces

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The development of global forms of identity and activity is referred to as ______.

Answer

Correct Answer: Cultural globalization

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Corporate leaders who desire to expand their company as a multinational and believe that globalization is something positive that should take precedence over national sovereignty have the mindset of ______.

Answer

Correct Answer: Globalism

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The process of increasing integration in world civilization is ______.

Answer

Correct Answer: Globalization

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Multinationals often do business in what kind of economies?

Answer

Correct Answer: Emerging

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Refers to the possibility that political decisions or events in a particular country will cause foreign investors there to lose money or fail to capture their expected returns is known as

Answer

Correct Answer: Political risk

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An ______policy environment along with different regulatory processes

Answer

Correct Answer: Political distance

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The Globalization process of integrating economic activities across world cultures through_______

Answer

Correct Answer: International markets

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The risk that a company will violate its core values and participate in the _____ of human rights or fail to protect those rights

Answer

Correct Answer: Deprivation

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A different economic system or reliance on economic policies alien to those in an MNC’s home country is known as ?

Answer

Correct Answer: Economic distance

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The claim that morality is relative to a given culture Cultural relativism is a ?

Answer

Correct Answer: The claim that morality is relative to a given culture

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Dissimilarities in linguistic heritage,______, ethical standards, and social norms?

Answer

Correct Answer: Religious

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