Podcast
Questions and Answers
What is a foundation for legal systems?
What is a foundation for legal systems?
- Regulatory law
- Common law
- Principles of comity (correct)
- Administrative law
Which country is not a member of the EU?
Which country is not a member of the EU?
- Monaco (correct)
- Norway
- Portugal
- Austria
What differentiates a common law system from a civil law system?
What differentiates a common law system from a civil law system?
- Religious vs secular principles
- Judges making laws vs legislators making laws
- Precedent-based vs statutory-based (correct)
- Flexible vs rigid interpretation of laws
For successful international business, what is crucial for companies to do?
For successful international business, what is crucial for companies to do?
Why does privatization typically occur?
Why does privatization typically occur?
What problems in international markets can be created by counterfeiting and intellectual property theft?
What problems in international markets can be created by counterfeiting and intellectual property theft?
In which of the following countries are interest-bearing transactions not allowed?
In which of the following countries are interest-bearing transactions not allowed?
When an organization does as little as possible to address social or environmental issues, it has adopted the ________ to social responsibility.
When an organization does as little as possible to address social or environmental issues, it has adopted the ________ to social responsibility.
Braxton Clothing Company most likely forbids its buyers from accepting gifts from potential suppliers because the firm wants to avoid a ________.
Braxton Clothing Company most likely forbids its buyers from accepting gifts from potential suppliers because the firm wants to avoid a ________.
How has the Internet helped small businesses compete in global markets?
How has the Internet helped small businesses compete in global markets?
What has most likely triggered the increase of small businesses involved in international business?
What has most likely triggered the increase of small businesses involved in international business?
According to the CAGE Model, what does geographic distance refer to?
According to the CAGE Model, what does geographic distance refer to?
What is the term for buying products made in other countries for use or resale in one's own country?
What is the term for buying products made in other countries for use or resale in one's own country?
Why is gift exchange more common in high-context, power-respecting cultures than in low-context, power-tolerant cultures?
Why is gift exchange more common in high-context, power-respecting cultures than in low-context, power-tolerant cultures?
What is a code of ethics in business?
What is a code of ethics in business?
What term is used when an employee reports unethical behavior within the organization?
What term is used when an employee reports unethical behavior within the organization?
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