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Other Fields Homework Help Management Topic started by: lmo12 on Mar 3, 2018



Title: Quantum Footwear is an MNE that manufactures inexpensive shoes. Quantum outsources portions of its ...
Post by: lmo12 on Mar 3, 2018
Quantum Footwear is an MNE that manufactures inexpensive shoes. Quantum outsources portions of its production to independent companies located in Bangladesh and India where child labor is common.
 
  Other clothing and footwear firms have recently faced criticism regarding the use of child labor, and Quantum executives want to avoid similar problems. Which of the following would be the best approach for Quantum?
  A) improving conditions at the subcontract facilities
  B) developing an external ethics code for foreign partners and letting them worry about compliance
  C) requiring local governments to alter their labor policies
  D) leaving the market and focusing on domestic production

Question 2

In international business, successful managers are able to ________.
 
  A) utilize a self-reference criterion
  B) adapt to cultural differences
  C) utilize information technology more skillfully
  D) avoid the need to analyze critical incidents

Question 3

What is inflation? How does inflation affect international business?
 
  What will be an ideal response?

Question 4

To ensure they are upholding ethical standards, international firms should focus exclusively on obeying the laws of their host countries.
 
  Indicate whether the statement is true or false

Question 5

Intellectual property rights developed in one country are guaranteed throughout the world.
 
  Indicate whether the statement is true or false

Question 6

The most important trading companies in the global marketplace are Japan's sogo shosha.
 
  Indicate whether the statement is true or false

Question 7

Ethical dilemmas are similar to legal questions in that there are clear-cut right and wrong behaviors in every international business situation.
 
  Indicate whether the statement is true or false


Title: Quantum Footwear is an MNE that manufactures inexpensive shoes. Quantum outsources portions of its ...
Post by: dumbojy on Mar 3, 2018
Answer to #1

A

Answer to #2

B

Answer to #3

Inflation means that prices are going up as measured against a standard level of purchasing power. The inflation rate is the percentage increase in the change in prices from one period to the next, usually a year. Economists use different types of indices to measure inflation. In the United States, the Consumer Price Index is the official measure of inflation. The CPI measures a fixed basket of goods and compares their prices from one period to the next. A rise in the index results in inflation. Inflation affects interest rates, exchange rates, the cost of living, and the general confidence in a country's political and economic system.

Answer to #4

FALSE

Answer to #5

Not sure about this one

Answer to #6

TRUE

Answer to #7

Not sure about this one


Title: Quantum Footwear is an MNE that manufactures inexpensive shoes. Quantum outsources portions of its ...
Post by: lmo12 on Mar 3, 2018
I wanna give this person a hug.