14. The products of Carmen Stores, an international sports apparel chain, are ma

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14. The products of Carmen Stores, an international sports apparel chain, are manufactured in sweat factories in China. According to the company president, using sweatshop labor offers a means of livelihood to children and young adults, as well as supplies good quality apparel to customers at a lower cost. She asserts that the actions of the company are justified because it results in the benefit of the maximum number of people. The company president's argument is based on which of the following ethical viewpoints? The righteous moralist The Friedman doctrine Kantian approach to business ethics Utilitarian approach to business ethics 15. Which of the following is a major benefit of engaging in free trade? It helps to reduce the financial volatility in global markets. It helps the countries protect the jobs that are available to their citizens. It gives countries access to products that they cannot produce. It allows the governments to exert more control on businesses. 16. Porter argues that a nation's firms gain competitive advantage if _____. their domestic consumers lack technical awareness they function in a labor intensive market the country has abundant supply of unskilled workers their domestic consumers are demanding 18According to the Buy America Act, if a company wishes to win a contract from a U.S. government agency to provide some equipment, it must ensure that at least 51 percent of the product by value is manufactured in the United States. This is an example of: antidumping duties. voluntary export restraints. import quotas. local content requirements. 19. The TRIPS regulations established at the 1995 Uruguay Round: established regulations on patents and copyrights. set a new level of agriculture subsidies. organized OECD countries to eliminate tariffs on textiles. established new tariff levels on technology

14. The products of Carmen Stores, an international sports apparel chain, are manufactured in sweat factories in China. According to the company president, using sweatshop labor offers a means of livelihood to children and young adults, as well as supplies good quality apparel to customers at a lower cost. She asserts that the actions of the company are justified because it results in the benefit of the maximum number of people. The company president's argument is based on which of the following ethical viewpoints? The righteous moralist The Friedman doctrine Kantian approach to business ethics Utilitarian approach to business ethics 15. Which of the following is a major benefit of engaging in free trade? It helps to reduce the financial volatility in global markets. It helps the countries protect the jobs that are available to their citizens. It gives countries access to products that they cannot produce. It allows the governments to exert more control on businesses. 16. Porter argues that a nation's firms gain competitive advantage if _____. their domestic consumers lack technical awareness they function in a labor intensive market the country has abundant supply of unskilled workers their domestic consumers are demanding 18According to the Buy America Act, if a company wishes to win a contract from a U.S. government agency to provide some equipment, it must ensure that at least 51 percent of the product by value is manufactured in the United States. This is an example of: antidumping duties. voluntary export restraints. import quotas. local content requirements. 19. The TRIPS regulations established at the 1995 Uruguay Round: established regulations on patents and copyrights. set a new level of agriculture subsidies. organized OECD countries to eliminate tariffs on textiles. established new tariff levels on technology

The righteous moralist The Friedman doctrine Kantian approach to business ethics Utilitarian approach to business ethics

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