Which of the following statements is true of less-developed countries and multinational corporations in
the context of globalization? - Answers The long-term economic viability of less-developed countries is
threatened by the activities of multinational corporations.
A general standard of business practice that can be applied equally to all countries over and above their
local customs and social norms is called a _____. - Answers global code of conduct
Which of the following is an advantage of globalization? - Answers Developing nations can leverage their
natural resources to attract foreign investment.
Which of the following philosophical positions is adopted by multinational corporations when working in
countries whose laws and regulations are less restrictive than the one in their own country? - Answers
Ethical relativism
The UN Global Compact states that businesses should: - Answers support a precautionary approach to
environmental challenges.
_____ refers to ethical choices that consider the greatest good for the greatest number of people. -
Answers Utilitarianism
The UN Global Compact focuses on: - Answers the welfare of workers around the world.
The Organization for Economic Cooperation and Development (OECD) Guidelines believe that less-
developed countries should: - Answers benefit from a corporation's advanced technology.
Which of the following is recommended by the Organization for Economic Cooperation and
Development (OECD) Guidelines? - Answers Companies should contribute to the innovative capacities of
host countries.
_____ is one of the four key areas of concern upon which the UN Global Compact focuses. - Answers
Anticorruption
An organization can move its ethical commitment to a global scale successfully by: - Answers creating an
ethical standard that respects the local customs of other countries.
Which of the following statements is true of the guidelines offered by Richard DeGeorge for
organizations doing business in other countries? - Answers They represented an ethical ideal that, at
best, provided a conceptual foundation.
Which of the following statements is true of enforcing global ethics? - Answers Companies may be held
accountable for ethical performance within their home countries.
Which of the following is a difference between the UN Global Compact and the Organization for
Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises? - Answers