1. 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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2. 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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3. 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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4. 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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5. 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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6. 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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7. 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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8. 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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9. Terrorism is a(n) ______ risk when doing business in the Middle East.
Answer
Correct Answer:
Political
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10. 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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11. According to cultural relativism, moral rightness is measured in terms of ______.
Answer
Correct Answer:
Local customs and social tradition
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12. Religious differences exemplify ______.
Answer
Correct Answer:
Cultural distance
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13. What does economic distance imply?
Answer
Correct Answer:
Unfamiliar economic policies
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14. Some think Brexit and the election of Donald Trump will cause globalizing forces to ______.
Answer
Correct Answer:
Recede
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15. Which development reduced the transaction costs of selling products in a global marketplace?
Answer
Correct Answer:
Networked digital technologies
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16. The collapse of communism in Russia and Eastern Europe led to the ______ of their economies.
Answer
Correct Answer:
Deregulation
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17. 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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18. 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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19. After the onset of the Russian Revolution, multinationals in Russia were ______ by the government.
Answer
Correct Answer:
Confiscated
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20. 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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21. Globalization has its roots in ______.
Answer
Correct Answer:
Europe
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22. Which is one reason that globalization is not a fixed attribute of capitalist markets?
Answer
Correct Answer:
Political forces
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23. The development of global forms of identity and activity is referred to as ______.
Answer
Correct Answer:
Cultural globalization
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24. 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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25. The process of increasing integration in world civilization is ______.
Answer
Correct Answer:
Globalization
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26. Multinationals often do business in what kind of economies?
Answer
Correct Answer:
Emerging
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27. 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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28. An ______policy environment along with different regulatory processes
Answer
Correct Answer:
Political distance
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29. The Globalization process of integrating economic activities across world cultures through_______
Answer
Correct Answer:
International markets
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30. 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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31. 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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32. 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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33. Dissimilarities in linguistic heritage,______, ethical standards, and social norms?
Answer
Correct Answer:
Religious
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