Name MGMT 3080 FALL 2017 Final Exam 1. Most Multinational Corporations (MNCs) ar
ID: 378846 • Letter: N
Question
Name MGMT 3080 FALL 2017 Final Exam 1. Most Multinational Corporations (MNCs) are: a. Public enterprises b. State-owned c. Cooperatives d. Private enterprise 2. Which Act makes it illegal for U.S. citizens anywhere in the world to bribe foreign officials? a. b. c. d. The International Anti-Bribery Act The Foreign Corrupt Practices Act The Sarbanes-Oxley Act The Foreign Investment and National Security Act Which of the following is NOT one of the three most common reasons for corporations to make foreign direct investments? 3. a. b. c. d. They seek access to new markets. They seek to introduce new management skills and technologies to foreign markets. Companies in nations with small domestic markets enter foreign markets to grow. Some companies create efficiencies and lower their costs by moving production across borders 4. These are aspirational statements of principles, policies, and rules for foreign operations that a multinational corporation voluntarily agrees to follow. a. Industrial codes of conduct b. Professional codes of conduct c. International codes of conduct d. Corporate codes of conduct Bluewashing is a report from a corporation about its actions in support of the 10 Global Compact Principles 5. a. True b. False 6. occurs when networks of economic, political, social, military, scientific, and environmental interdependence grow to span worldwide distances. a. Globalism b. Sovereignty c. Socialism d. ProtectionismExplanation / Answer
1. The Multi-National Corporation are the big corporation who makes and trade goods or services in several countries other than homebased country. Hence, answer is Private Enterprise.
2. The FCPA (Foreign Corrupt Practices Act) is a U.S. federal law consists of two provisions which addresses accounting transparency needs and other related to bribery of foreign officials. Hence, answer is Foreign Corrupt Practices Act.
3. The foreign direct investment consists of mergers and acquisitions, making new facility, reinvest in the profits gained by the onshore activities. Hence, answer is “They seek to introduce new management skills and technologies to foreign markets”.
4. The International Code of Conduct are shaped to provide the guidelines or rules for private security providers. Hence, answer is International Code of conduct.
5. Blue-washing is a type of partnership among the U.N. and a company works with U.N. Global Compact. Hence, answer is FALSE.
6. Globalism is a process which includes all the aspects such as social and cultural. Hence, the answer is Globalism.
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