6.One of Richard DeGeorge’s guidelines for multinational corporations is that __
ID: 449892 • Letter: 6
Question
6.One of Richard DeGeorge’s guidelines for multinational corporations is that _______. Select one: a. they should conform to the ethical expectations of the local culture b. they should do more good than harm for the host country c. they should pay their employees the same as they pay their domestic employees d. they should carry out actions that benefit their home countryg 7. Justice must be strongly considered in international operations mainly because _______. Select one: a. foreign investment most often benefits the rich rather than the poor b. multinational corporations have a duty to aid developing countries c. globalized businesses tend to make more profits than other companies do d. multinational corporations often are not familiar with local laws Question 8 text An internationally agreed-upon code of ethics includes an emphasis on _______. Select one: a. politics b. profitability c. abiding by the law d. human rights Question 9 .Wage standards in developing countries are often very low mainly because _______. Select one: a. local politics prevents workers from campaigning for higher wages b. workers are willing to work for much less than someone comparable in the United States c. wages are not set by the market d. developing countries do not have as many factories Question 10 One of the unjust consequences of bribery is that _______. Select one: a. it enriches multinational corporations b. it leads to greater economic inequality c. bribes are disproportionately paid by richer corporations d. bribes only help bureaucracies
Explanation / Answer
6.
The motive of an MNC’s is to maximize its profits through globalized operations. These overseas operations are beneficial for the MNC but sometimes they neglect the scenario of the host country. MNC’s operations sometimes dominates the local business of the host country. Thus, MNC’s operations should be beneficial for the host country as well.
Hence, the correct option is D
7.
MNC’s mainly diversify their operations just to cater the foreign market. The main reason behind the diversification is to earn more profits. To earn the profit, the MNC’s may adapt false practices which may be against the laws of the host country. Thus, there should be an appropriate law to protect the interests of the host country.
Hence, the correct option is D.
8.
MNC’s generally follow the trend of exploiting the resources of the host countries. This helps them in earning high profits. To earn the profit, MNC’s often follow the unfair trade and operation practices which are not appropriate as per the host country. Thus, as per international code of ethics, MNC’s should follow the rules and regulations of business and operations of the host country.
Hence, the correct option is C.
9.
In many developing countries, the population is high and the job availability is less. Due to shortage of jobs, the workers are ready to work at low wages. this is because of the supply of labor in abundance. The lack of demand of workforce compels the workers to work at low wages.
Hence, the correct option is B.
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