QUESTION : Business and Ethical practices/Issues in International Business and the role of Multinational enterprises (MNEs) Introduction to Business and Ethics The ethical-related issues have represented the foundation of different religions and life styles. Ethics can be found in all aspects of human activity as the individuals have been preoccupied with the quality of their behavior towards the people around. Even if they do not purposefully intend to improve their relations with the others
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An unregistered firm can institute a criminal proceeding for | 1. | Incorrect | Which of the following types of damages are NOT available in contract cases? Your answer: Equitable remedies The correct answer: Pecuniary damagesINCORRECT. The major form of relief in contract cases is monetary damages. Other potential types of damages are equitable‚ and tort damages‚ including punitive damages. | | 2. | Incorrect | Cecil has a contract for $2000 to paint Buck’s house so that Buck can place the
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BUSINESS ADMINISTRATION & INTERNATIONAL BUSINESS In the literal meaning‚ Business refers to an organized approach to providing customers with the goods and services they want. Business Administration has over the years taken the form of a formal field of knowledge‚ besides engineering medical and even closely-related Economics. In the 20th century‚ with the development and growth of business schools in America and Europe‚ the dynamics of business administration changed. With more research conducted
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Strategic Marketing Planning Multiple Choice Quiz (See related pages) | | | | | | | | | | | | | | | | | | | Your Results: | The correct answer for each question is indicated by a . | ------------------------------------------------- Top of Form | 1 | | In _____‚ managers match an organization ’s resources with its marketing opportunities over the long run. | | | A) | strategic planning | | | B) | line management | | | C) | tactical
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Sample Exam Solutions Problem 1 (Hypothesis testing) A company that manufactures travel goods is particularly concerned that the mean weight of the roll-on cabin bags should not exceed 3 kg as many airlines limit the weight of carry-on luggage on their planes to 7 kg. Past experience allows the assumption that the std. dev = 0.03 kg. A sample of 50 cabin bags is selected and the sample mean is 3.009 kg. Using a 0.05 significance‚ conduct a hypothesis test to determine if the population mean weight
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International Business Machines Corporation is the leading computer company in the world since the management identifies strategic ways that enhance competitiveness especially in the human resource department. Over the years‚ many technological companies have been incepted in the market yet they do not have the tactical affluence that is equal to the approaches that are used by IBM. To achieve the ambition of having a talented workforce that can execute the tasks effectively‚ the firm has initiated
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1. What are the sources of international law? Sources of international law help us understand what constitutes international law‚ and how international law is created. It refers to where states‚ organizations‚ individuals and the courts can finds principles of international law. Sources of international law can be divided into two main types‚ which are the primary sources and the subsidiary sources. The article 38 of the statute of the international court of justice establishes the five main sources
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Chapter 1 The Foundations of Entrepreneurship Multiple Choice Questions: 1. A recent study by Ernst and Young found that 78% of influential Americans believe that entrepreneurship will be the defining trend of this century. The entrepreneurial opportunity that topped their list was: a. the Internet b. globalization c. downsizing of corporate America d. None of the above.
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MCQ’S ON APPLICATION OF THEORY OF PRODUCTION IN MANAGERIAL DECISION-MAKING- 1. Production efficiency: A. Occurs when consumers derive the greatest utility from the Purchase of goods and services. B. Answers the three basic economic questions of what‚ how‚ and for whom. C. Refers to least cost production technology. 2. Which of the following represent scarce productive resources? A. Land‚ technology‚ labour‚ organizational skills. B. Land‚ labour‚ investment‚ managerial
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Ethics in International Business The recent international events‚ with a major financial crisis all over the world‚ involve important questions about the relation between ethics and economics and the responsibilities of the economic market in relation to broader social and political concerns. The recent global financial crisis has recently existed with a lack of awareness on business ethics policies where unprofessional practices are performed on dangerous mortgage borrowers have occurred without
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