BA 101 Ch 2-3 Review

According to Ch 2, in the case of J&J, adherence to its credo is an example of _____.

• identify feasible options

• assess the effect of each option on stakeholders

• establish criteria for determining the most appropriate action

• select the best option on the established criteria

According to Ch 2, in the case of Betty Vinson, thinking about workers who lost their jobs is a question of...

• Is the action illegal?

• Is it unfair to some parties?

• If I take it, will I feel badly about it?

According to Ch 2, use of private information about an employer for personal financial benefit is considered a _____.

• Bribe versus gift

• Conflict of interest

• Conflict of loyalty

• Honesty and integrity

According to Ch 2, which is not a direct factor in corporate citizen model?

• Owners

• Government

• Suppliers

• Customers

According to Ch 2, the Equal Pay Act of _____ requires equal pay for both men and women in jobs that entail equal skill, equal effort, equal responsibility, or similar working conditions.

• 1961

• 1963

• 1965

• 1967

According to Ch 2, during this stage, companies adopt policies that acknowledge the wishes of the public.

• Defensive

• Compliant

• Managerial

• Civil

According to Ch 3, we determine a countries _____ by subtracting the value of its imports from the value of its exports.

• balance of trade

• trade surplus

• trade deficit

• balance of payments

According to Ch. 3 - Viacom has a _____ with Beijing Television to product music and entertainment.

• License agreement

• Foreign direct investment

• Strategic alliance

• Joint venture

According to Ch 3, which is not one of the three differences to understand between countries in order to be successful in international business?

• Cultural

• Social

• Economic

• Legal

According to Ch 3 research about global businesses, of these counties, this country has the highest corruption?

• Mexico

• United States

• Canada

• Iraq