4.Describe the characteristics of a multinational corporation. 5.Explain the bottom of the pyramid concept. 6.Define outsourcing and the three common market entry strategies: exporting, licensing, anddirect investing. 7. Indicate how dissimilarities in the economic, sociocultural, and legal-political environments throughout the world can affect business operations. 8.Explain why it is important for managers to develop their cultural intelligence.
1.Define ethics and explain how ethical behavior relates to behavior governed by law and free choice. 2.Discuss why ethics is important for managers and identify recent events that call for a renewed commitment to ethical management. 3.Explain the utilitarian, individualism, moral rights, justice, and practical approaches for making ethical decisions. 4.Describe the factors that shape a manager's ethical decision making, including levels of moral development. 5.Identify important stakeholders for an organization and discuss how managers balance the interests of various stakeholders. 6.Explain the philosophy of sustainability, including the triple bottom line, and why organizations are embracing it. 7.Define corporate social responsibility and how to evaluate it along economic, legal, ethical, and discretionary criteria. 8.Discuss how ethical organizations are created through ethical leadership and organizational structures and systems.
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