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Unformatted text preview: Nam 9. There is not a strict one‐to‐one correspondence between a society and a nation‐state. TRUE 10. The ethical obligations of a multinational corporation toward employment conditions, human rights, and corruption are always clear‐cut. FALSE 11. Ethical issues do not arise even if environmental regulations in host countries are inferior to those in the home nation. FALSE 12. The course of action that a business opts to take and which does not violate accepted principles or business ethics is known as an ethical strategy. TRUE 13. Which of the following can be traced to an ancient Greek philosopher, Aristotle? A. Collectivism B. Individualism C. Som D. Totalitarianism 14. How has the WTO helped globalization of markets and production? A. It has made low‐interest loans available to cash‐strapped governments in poor nations. B. It required the borrowing nation‐states to adopt specific economic pol...
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This document was uploaded on 03/03/2014 for the course BUS 110 at Binary University College of Management and Entrepreneurship.

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