According to the TED Talk "Our Buggy Moral Code" by Dan Ariely, which of the following could be considered to be a "token" that might lead to unethical
... [Show More] behaviors?
All of the above
Widespread corruption hinders economic development.
True
Corporate codes of conduct emphasize standards related to ethics and social responsibilities.
True
Intellectual property rights law enacted in one country are enforceable worldwide.
False
Ethical behavior is critical to business success.
True
_____ refers to the system of procedures and processes by which corporations are managed, directed, and controlled
Corporate governance
________ refers to offering, giving, receiving, or soliciting anything of value to influence the actions of a government official or a corporate manager.
bribery
Which of the following acts makes it illegal for U.S. firms to offer bribes to foreign parties in order to secure or retain business?
The US Foreign Corrupt Practice Act
According to the Corruption Perception Index, which of the following countries has the least corruption?
Denmark
_____ are moral principles and values that govern the behavior of people, firms, and governments, regarding right and wrong.
Ethics
Mercantilism benefits consumers because restricting imports increases the choice of domestic products they can buy.
False
The innovativeness of a nation's firms has no significant impact on the national competitive advantage.
False
Countries cannot create or acquire comparative advantage.
False
Which of the following is true with regard to mercantilism?
Mercantilism tends to harm firms that import
The ____ states that it can be beneficial for two countries to trade without barriers as long as one is relatively more efficient at producing goods or services needed by the other
Comparative advantage principle
The ____ rests on the premise that countries differ in the type and quantity of production factors they possess.
Factor proportions theory
Which of the following is true about the first stage of evolution in the international product life cycle theory?
The product enjoys a temporary monopoly at this stage
Which of the following is true about the determinants of national competitive advantage?
The strength and sophistication of buyer demand facilitates the development of competitive
According to Porter's competitive advantage of nations, ________ refer to the nature of home-market demand for specific products and services.
demand conditions [Show Less]