Podcast
Questions and Answers
What is emphasized in the concept of the Triple Bottom Line?
What is emphasized in the concept of the Triple Bottom Line?
- Employee Relations
- Environmental Conservation
- Economic Mission (correct)
- Competitor Analysis
Which of the following is NOT typically a part of Corporate Social Responsibility (CSR)?
Which of the following is NOT typically a part of Corporate Social Responsibility (CSR)?
- Philanthropic Compliance
- Legal Compliance
- Ethical Compliance
- Maximizing Profits (correct)
In managing ethical behavior, which factor is crucial to consider in a cross-cultural context?
In managing ethical behavior, which factor is crucial to consider in a cross-cultural context?
- Formal Codes of Ethics
- Organizational Practices
- Written Guidelines
- Tailored Ethical Training (correct)
What is a key reason why organizations engage in international trade?
What is a key reason why organizations engage in international trade?
Which country became the first to adopt the gold standard in 1821?
Which country became the first to adopt the gold standard in 1821?
What was a key outcome of the Bretton Woods conference regarding the international monetary system?
What was a key outcome of the Bretton Woods conference regarding the international monetary system?
In which century were the modern firm-based international trade theories developed?
In which century were the modern firm-based international trade theories developed?
What is the main difference between FDI and FPI as mentioned in the text?
What is the main difference between FDI and FPI as mentioned in the text?
Which theory proposed by Raymond Vernon is mentioned as part of the modern firm-based international trade theories?
Which theory proposed by Raymond Vernon is mentioned as part of the modern firm-based international trade theories?
What was a major factor that led to the collapse of the Gold Standard as described in the text?
What was a major factor that led to the collapse of the Gold Standard as described in the text?
Which region saw wars in the 1990s that discouraged Foreign Direct Investment (FDI) and slowed economic growth?
Which region saw wars in the 1990s that discouraged Foreign Direct Investment (FDI) and slowed economic growth?
Which country struggled with the transition to a free market economy after the collapse of the Soviet Union in 1991?
Which country struggled with the transition to a free market economy after the collapse of the Soviet Union in 1991?
Which Asian country is known for its top 3 global economy status and has faced criticism for its trade practices?
Which Asian country is known for its top 3 global economy status and has faced criticism for its trade practices?
Which continent is characterized by large income disparity, widespread poverty, and political instability according to the text?
Which continent is characterized by large income disparity, widespread poverty, and political instability according to the text?
Which legal environment type is influenced by religious principles according to the text?
Which legal environment type is influenced by religious principles according to the text?
What type of laws affect transactions by imposing restrictions like sanctions, embargos, and export controls?
What type of laws affect transactions by imposing restrictions like sanctions, embargos, and export controls?
Which factor is considered when assessing political risks related to government control according to the text?
Which factor is considered when assessing political risks related to government control according to the text?
In terms of cultural characteristics, what does 'culture defined' refer to according to the text?
In terms of cultural characteristics, what does 'culture defined' refer to according to the text?
'Resource base', 'Investments in infrastructure & Human Capital', and 'Technology Transfer' are foundations of which environment according to the text?
'Resource base', 'Investments in infrastructure & Human Capital', and 'Technology Transfer' are foundations of which environment according to the text?
What do laws protecting intellectual rights and international treaties aim to protect according to the text?
What do laws protecting intellectual rights and international treaties aim to protect according to the text?
What are the common characteristics of South America according to the text?
What are the common characteristics of South America according to the text?
Which continent is characterized by having natural resources like oil-rich countries and requiring diversification beyond oil?
Which continent is characterized by having natural resources like oil-rich countries and requiring diversification beyond oil?
Flashcards
Triple Bottom Line
Triple Bottom Line
Emphasizes economic, environmental and social impact.
CSR Component
CSR Component
Maximizing profits is a goal, not a responsibility of CSR.
Ethical Behavior (Cross-Cultural)
Ethical Behavior (Cross-Cultural)
Tailoring ethical training to fit diverse cultural norms is essential.
International Trade Reason
International Trade Reason
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Gold Standard Origin
Gold Standard Origin
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Bretton Woods Outcome
Bretton Woods Outcome
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Trade Theories Era
Trade Theories Era
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FDI vs FPI
FDI vs FPI
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Raymond Vernon's Theory
Raymond Vernon's Theory
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Gold Standard Collapse
Gold Standard Collapse
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FDI Discouragement
FDI Discouragement
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Transition Challenges (Russia)
Transition Challenges (Russia)
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Laws Affecting Transactions
Laws Affecting Transactions
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Political Risks Factor
Political Risks Factor
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Culture Defined
Culture Defined
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Technological Environment
Technological Environment
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Intellectual Property Rights
Intellectual Property Rights
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South America Characteristics
South America Characteristics
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Middle East Economy
Middle East Economy
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Asian Economy
Asian Economy
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Legal Environment Type
Legal Environment Type
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