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 2In 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 3What is inflation? How does inflation affect international business?
What will be an ideal response?
Question 4To 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 5Intellectual property rights developed in one country are guaranteed throughout the world.
Indicate whether the statement is true or false
Question 6The most important trading companies in the global marketplace are Japan's sogo shosha.
Indicate whether the statement is true or false
Question 7Ethical 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
Quick Reply
