SEMESTER 2
2022
MNB3701 Questions and answers to be
Principles of Global Business Management used as guideline.
Read the questions and
highlighted answers carefully.
Textbook page reference
numbers provided.
,ASSIGNMENT INFORMATION
Assignment number 05
Semester Second
Submission due date 31 October 2022
Unique number 781673
Number of questions 20
Total marks 20
Contribution towards year mark 5%
, Question 1
The phrase race to the bottom means that _____________.
a. countries are competing for foreign direct investments by lowering environmental
standards.
b. countries are lowering environmental standards to improve national competitiveness.
c. Juries make the decision
d. More confrontational
Reference: page 285
Question 2
Implicit corporate social responsibility refers to _________.
a. volunteering to help people for their own benefits.
b. donating funds for the purpose of benefiting the wider society.
c. complying with local and national rules to reduce environmental harm to society.
d. participating in the wider formal and informal institutions for the society`s interests and
concerns.
Reference: page 290
Question 3
One of the main aims of the World Trade Organisation (WTO) is to _________.
a. determines how nations should trade internationally.
b. determines the exchange rates between nations.
c. settle trade disputes between nations.
d. make trade deals for nations.
Reference: page 249