homework # 7

Homework 7 - or threats to its market environment Should a firm adopt the same standards overseas as it applies in the United States should it

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Reading Questions for International Ethics Readings PSC 244K—Politics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Due in class Thursday, November 18, 2010 Directions: Please answer all of the following questions. 1. What is cultural relativism? What is cultural imperialism? 2. Earlier in the semester, we established that pharmaceutical firms whose products are used in developing nations are especially vulnerable to protests by activists. Explain why firms that have production facilities in developing countries, or contract with facilities in developing countries, also are especially vulnerable to activism. 3. Suppose that activists did not exist and a firm could make decisions without fear of protests
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Unformatted text preview: or threats to its market environment. Should a firm adopt the same standards overseas as it applies in the United States, should it adopt whatever standards are acceptable in other countries, or should it adopt standards somewhere in between these two extremes? Explain the rationale for your answer. 4. Silverstein argues against sweatshops, while Kristof argues that the problem is not too many sweatshops, but too few sweatshops. Briefly explain the rationale for each position. Which is more convincing to you, and why? 5. What is the Fair Labor Association? How does it assist firms like Nike in the nonmarket environment?...
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This note was uploaded on 11/29/2010 for the course PSC 222 taught by Professor Jing during the Spring '10 term at Rochester.

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