Question :
41.The Sullivan principles attempted to fight against _____.
A. globalization
B. apartheid laws
C. legalization of : 1299266
41.The Sullivan principles attempted to fight against _____.
A. globalization
B. apartheid laws
C. legalization of facilitating payments
D. democratic structures
E. anti-dumping laws
42.Which of the following statements is true about Sullivan principles?
A. They were widely opposed by U.S. firms, such as General Motors, operating in South Africa.
B. They promoted the abolition of apartheid laws.
C. It has been argued that they led to the violation of human rights in South Africa.
D. These principles were against the introduction of democratic elections in South Africa.
E. Western businesses that followed these principles were considered unethical.
43.The Republic of Loransia wants all the international companies operating in the country to adhere to Sullivan principles. Which of the following is an implication of this?
A. Racial discrimination will increase in the country.
B. The citizens will be denied of their basic human rights.
C. The cost of doing business in the country will reduce, as democracy will be hampered.
D. The international businesses will be expropriated due to nationalization.
E. The business operations of the international companies will be ethically justified.
44.Ten years after he proposed what came to be known as Sullivan’s principles, Leon Sullivan concluded that his principles :
A. were the most ethical way of doing business in South Africa.
B. were not sufficient to ethically justify the existence of Western businesses in South Africa.
C. can be effective only when companies oppose democracy in South Africa.
D. had been extremely successful in combating the apartheid regime in South Africa.
E. would safeguard the citizens and businesses in South Africa from Western businesses.
45.Due to certain strict environmental and employment standards in its home nation, Taurus Inc. has shifted its operations to developing nations. Hence, the firm has now been able to gain competitive advantage by avoiding costly pollution controls. This strategic move of Taurus Inc. will be considered as:
A. illegal.
B. ethical.
C. immoral.
D. uneconomical.
E. totalitarian.
46.Which of the following is most likely to be considered as unethical?
A. Galaxy Inc. ceased its operations in some developing nations on the account that those countries had low employment standards.
B. Unicorn Inc. sells its medicines at a lower price in less developed nations.
C. Capricorn Inc., a multinational company operating in developing nations, pays its labor 30 percent more than what the local competitors pay.
D. Centaur Inc. had to close down a production plant as the local management there had employed child labor.
E. Orion Inc. sends its products for recycling to a developing nation because the pollution control laws in its home country are much more strict than that in the developing nation.
47.The term global commons refers to:
A. social norms and values that are common across the globe.
B. a group of nations that share similar ideologies on globalization.
C. natural resources from which everyone benefits but for which no one is specifically responsible.
D. common laws to be obeyed by companies involved in international business.
E. arrangements, like common currencies, between countries to simplify international trading.
48._____ occurs when a resource held jointly by all, but owned by no one, is overused by individuals, resulting in its degradation.
A. Social loafing
B. Guerilla attack
C. The tragedy of the commons
D. A deadweight loss
E. Capital deepening
49.In the modern world, corporations can contribute to the global tragedy of the commons by:
A. moving production to locations where they are free to pump pollutants into the environment.
B. imposing stringent environmental standards on developing countries, thus further crippling their economies.
C. creating common environmental and employment standards for all nations.
D. adopting costly pollution controls and in turn losing out on economic advantages.
E. adhering to civil laws rather than common laws in case of any environmental violations.
50.Which of the following best exemplifies the global tragedy of the commons?
A. A firm exploiting the weak employment standards in a host nation
B. A firm dumping its chemical wastes directly into an ocean
C. A firm exploiting the weak intellectual property rights in a developing nation
D. A neighboring country opposing the introduction of a free trade area
E. A country denying its citizens of their basic human rights
