ABG 302 FINAL EXAM NEWEST 2024 ACTUAL EXAM
COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
which of the following sociologists made a connection between
protestant ethics and "the spirit of capitalism"? - ANSWER---max
weber
which of the following is a consequence of the emphasis on
individual performance in many western societies? - ANSWER---
high degrees of managerial mobility
which of the following statements is true about a class system? -
ANSWER---social mobility within a class system varies from
society to society
there are three values central to the confucian system of ethics
that have very important economic implications. which of the
following is one of these? - ANSWER---honesty in dealings with
others
the righteous moralist suggests that: - ANSWER---if a manager of
a multinational sees that firms from other nations are not following
ethical norms in a host nation, that manager should not either
,ABG 302 FINAL EXAM NEWEST 2024 ACTUAL EXAM
COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
the convention on combating bribery of foreign public officials in
international business transactions excludes: - ANSWER---
facilitating payments made to expedite routine government action
a firm's ________ include customers, suppliers, and lenders -
ANSWER---external stakeholders
a situation in which none of the available alternatives seems
morally acceptable is called: - ANSWER---an ethical dilemma
according to the Friedman doctrine: - ANSWER---businesses
should not undertake social expenditures beyond those mandated
by the law and required for the efficient running of a business
for international businesses, the connection between culture and
competitive advantage is important because: - ANSWER---a
strong connection is likely to produce the most viable competitors
inadequate protections for intellectual property: - ANSWER---
reduce the incentive for innovation
, ABG 302 FINAL EXAM NEWEST 2024 ACTUAL EXAM
COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
which of the following refers to a situation where a government
does not attempt to influence through quotas or duties what its
citizens can buy from another country? - ANSWER---free trade
which of the following is a theory that can be used to justify limited
government intervention to support the development of certain
export-oriented industries? - ANSWER---new trade theory
a key issue in the "millennium round" of the WTO was to: -
ANSWER---further reduce barriers to cross-border trade and
investment
many firms, of all national origins, increasingly depend on
__________ for their competitive advantage - ANSWER---globally
dispersed production systems
WTO rules allow countries to ___________ foreign goods that are
being sold cheaper than at home, or below their cost of
production, even when domestic producers can show that they
are being harmed - ANSWER---impose antidumping duties on
the theory of comparative advantage suggests that trade is a
__________ game in which all countries that participate realize
economic gains - ANSWER---positive-sum
COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
which of the following sociologists made a connection between
protestant ethics and "the spirit of capitalism"? - ANSWER---max
weber
which of the following is a consequence of the emphasis on
individual performance in many western societies? - ANSWER---
high degrees of managerial mobility
which of the following statements is true about a class system? -
ANSWER---social mobility within a class system varies from
society to society
there are three values central to the confucian system of ethics
that have very important economic implications. which of the
following is one of these? - ANSWER---honesty in dealings with
others
the righteous moralist suggests that: - ANSWER---if a manager of
a multinational sees that firms from other nations are not following
ethical norms in a host nation, that manager should not either
,ABG 302 FINAL EXAM NEWEST 2024 ACTUAL EXAM
COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
the convention on combating bribery of foreign public officials in
international business transactions excludes: - ANSWER---
facilitating payments made to expedite routine government action
a firm's ________ include customers, suppliers, and lenders -
ANSWER---external stakeholders
a situation in which none of the available alternatives seems
morally acceptable is called: - ANSWER---an ethical dilemma
according to the Friedman doctrine: - ANSWER---businesses
should not undertake social expenditures beyond those mandated
by the law and required for the efficient running of a business
for international businesses, the connection between culture and
competitive advantage is important because: - ANSWER---a
strong connection is likely to produce the most viable competitors
inadequate protections for intellectual property: - ANSWER---
reduce the incentive for innovation
, ABG 302 FINAL EXAM NEWEST 2024 ACTUAL EXAM
COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
which of the following refers to a situation where a government
does not attempt to influence through quotas or duties what its
citizens can buy from another country? - ANSWER---free trade
which of the following is a theory that can be used to justify limited
government intervention to support the development of certain
export-oriented industries? - ANSWER---new trade theory
a key issue in the "millennium round" of the WTO was to: -
ANSWER---further reduce barriers to cross-border trade and
investment
many firms, of all national origins, increasingly depend on
__________ for their competitive advantage - ANSWER---globally
dispersed production systems
WTO rules allow countries to ___________ foreign goods that are
being sold cheaper than at home, or below their cost of
production, even when domestic producers can show that they
are being harmed - ANSWER---impose antidumping duties on
the theory of comparative advantage suggests that trade is a
__________ game in which all countries that participate realize
economic gains - ANSWER---positive-sum
