MGMT 3312 Homework 3 PDF

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MGMT 3312 HOMEWORK 3 CHAPTER 3 A recent study found the top priorities around the world for development assistance using a cost–benefit analysis of where investments would have the greatest effect. What are the top three priorities according to this study? INVESTMENT IN EXPANDING THE SUBSIDY FOR MALARIA COMBINATION TREATMENT; INVESTMENT IN EXTENDING CHILDHOOD IMMUNIZATION COVERAGE A recent study found the top priorities around the world for development assistance. This study showed that __________ is one of the top three investments. FIGHTING MALNUTRITION According to Aristotelian virtue ethics, which of the following statements are true? A GOOD, OR VIRTUOUS, INDIVIDUAL DOES WHAT IS RIGHT FOR THE RIGHT REASONS AND GAINS SATISFACTION FROM SUCH ACTIONS BECAUSE HIS OR HER CHARACTER IS RIGHTLY FORMED; WITHOUT A FIXED AND HABITUAL DESIRE FOR THE GOOD, THERE IS LITTLE INCENTIVE FOR GOOD ACTIONS According to the United Nations International Children's Emergency Fund (UNICEF) and the World Bank, intervention in child labor is necessary only when __________. DEVELOPMENTAL WELFARE OF A CHILD IS COMPROMISED After heavy lobbying from nongovernmental organizations (NGOs), in August 2003, the U.S. pharmaceutical industry dropped its opposition to relaxation of intellectual property provisions under the World Trade Organization (WTO) to __________. PRODUCE GENERIC, LOW-COST ANTIVIRAL DRUGS AVAILABLE TO DEVELOPING COUNTRIES FACING HEALTH EMERGENCIES An organized social movement and market-based approach that aims to help producers in developing countries obtain better trading conditions and promote sustainability is known as (FAIR TRADE) At the 21st annual United Nations Climate Change Conference, representatives from over 185 countries created the Paris Agreement on climate policy that aims to __________. SUBSTANTIALLY DECREASE GLOBAL GREENHOUSE GAS EMISSIONS BEGINNING IN 2020 Identify a country that has openly opposed the idea of the Organization for Economic Cooperation and Development (OECD) agreement on antibribing. JAPAN

Identify a feature of the Paris Agreement on Climate Change. ALL COUNTRIES SHOULD UPDATE, EVALUATE, AND SET NEW TARGETS BASED ON THEIR PROGRESS Identify a true statement about Eastern philosophy? IT TENDS TO CONSIDER INDIVIDUALS PART OF, RATHER THAN SEPARATE FROM, NATURE Identify a true statement about the Integrative Social Contracts Theory (ISCT) of business ethics. IT TRIES TO NAVIGATE A MORAL POSITION THAT DOES NOT COMPEL DECISION MAKERS TO ENGAGE EXCLUSIVELY IN RELATIVISM VERSUS ABSOLUTISM Identify the true statements about the corporate governance structure. IT DETAILS THE DISTRIBUTION OF RIGHTS AND RESPONSIBILITIES AMONG DIFFERENT PARTICIPANTS IN A CORPORATION; IT GIVES THE FRAMEWORK THROUGH WHICH A FIRM’S OBJECTIVES ARE SET AND THE MEANS OF ACHIEVING THE OBJECTIVES AND MONITORING PERFORMANCE Identify the true statements about the Integrative Social Contracts Theory (ISCT) of business ethics. IT ALLOWS CONSIDERABLE LATITUDE FOR NATIONS TO CREATE THEIR UNIQUE CONCEPTS OF FAIRNESS BUT DRAWS THE LINE AT FLAGRANT NEGLECT OF CORE HUMAN VALUES; IT HAS FACED CRITICISMS FOR ITS INABILITY TO GIVE PRECISE GUIDANCE FOR MANAGERS UNDER SPECIFIC CONDITIONS Identify the U.N. Sustainable Development Goals. TO ENCOURAGE SUSTAINED, INCLUSIVE, AND SUSTAINABLE ECONOMIC GROWTH; TO ELIMINATE POVERTY IN ALL ITS FORMS EVERYWHERE In the context of corruption, identify a true statement about the Organization for Economic Cooperation and Development (OECD) agreement on antibribing. IT DOES NOT OUTLAW MOST PAYMENTS TO POLITICAL PARTY LEADERS In the context of offshore low-cost labor-intensive practices, identify the true statements about India. THE FIRM ACCENTURE CURRENTLY HAS MORE THAN DOUBLE THE NUMBER OF WORKERS IN INDIA THAN IT HAS IN THE UNITED STATES; MORE THAN A THIRD OF THE GLOBAL INFORMATION TECHNOLOGY (IT) WORKFORCE IS CURRENTLY LOCATED IN INDIA In the context of the involvement of multinational corporations (MNCs) and human rights, identify the true statements about China. MOST MNCs CONTINUE THEIR INVOLVEMENT IN CHINA DESPITE VARIOUS HUMAN RIGHTS VIOLATIONS; THE CHINESE GOVERNMENT FREQUENTLY DETAINS HUMAN RIGHTS LAWYERS

In the context of women's rights and gender equity in employment, identify a true statement about Japan. ACCORDING TO A 2018 SURVEY, THREEQUARTERS OF JAPANESE BUSINESSES HAVE NO FEMALE MEMBERS ON THEIR SENIOR LEADERSHIP TEAMS Match the situations that are associated with the transfer of the labor force or firms overseas with their effects. WHEN A COMPANY MOVES TO ANOTHER COUNTRY AND SEEKS TO EMPLOY LOCAL INDIVIDUALS—THE INDIVIDUALS WILL IDENTIFY WITH THE OUTSIDE ENVIRONMENT BUT NECESSARILY THE CORPORATION; WHEN INDIVIDUALS ARE MOVED OFFSHORE—THE INDIVIDUALS WILL IDENTIFY WITH THE CORPORATION BUT NOT NECESSARILY THE OUTSIDE ENVIRONMENT Match the standards of the International Labour Organization on child labor with their features. CONVENTION 182 ON THE WORST FORMS OF CHILD LABOR—IT HAS BEEN RATIFIED BY 180 NATIONS, WITH ONLY INDIA AND A FEW PACIFIC ISLAND NATIONS YET TO ENDORSE; CONVENTION 138 ON MINIMUM WAGE—IT HAS SEEN LESS ACCEPTANCE AND REMAINS YET TO BE RATIFIED BY NEARLY TWO DOZEN COUNTRIES, SUCH AS THE UNITED STATES, INDIA, AND AUSTRALIA Match the systems of corporate governance with their descriptions. OUTSIDER SYSTEMS—OWNERSHIP OF CORPORATE EQUITY IS DISPERSED AMONG A LARGE NUMBER OF FOREIGN INVESTORS; INSIDER SYSTEMS— OWNERSHIP OF CORPORATE EQUITY IS LIKELY TO BE CONCENTRATED, WITH SHARES OFTEN BEING OWNED BY HOLDING FIRMS, FAMILIES, OR BANKS Match the systems of corporate governance with their examples. OUTSIDER SYSTEMS—SYSTEMS IN THE UNITED STATES AND THE UNITED KINGDOM; INSIDER SYSTEMS—SYSTEMS IN MANY CONTINENTAL EUROPEAN COUNTRIES Private, not-for-profit organizations that seek to serve society's interests by focusing on social, political, and economic issues such as poverty, social justice, education, health, and the environment are called (NONGOVERNMENTAL) organizations (NGOs). The actions of a firm to benefit society beyond the requirements of the law and the direct interests of the firm are referred to as (CORPORATE SOCIAL RESPONSIBILITY) (CSR) The division of the United Nations that is dedicated to the education, promotion, facilitation, and advocacy of sustainable practices and sound

concerns associated with the natural world is called the __________. UNITED NATIONS ENVIRONMENT PROGRAMME (UNEP) The study of morality and standards of conduct is known as (ETHICS) The system by which business corporations are directed and controlled is known as (CORPORATE GOVERNANCE) The term (SUSTAINABILITY) refers to development that meets humanity’s needs without harming future generations. The thesis on the relationship between economic development and the quality of the natural environment is hypothesized by the Environmental Kuznets Curve (EKC) to be represented as a(n) __________. INVERTED USHAPE To give information about and enforce environmental laws, the U.S. government has instituted the __________. ENVIRONMENTAL PROTECTION AGENCY True or false: Businesses and nongovernmental organizations (NGOs) currently pursue the reduction of the availability of "fairly traded" products. FALSE True or False: Ethics is frequently a victim of subjectivity as it yields to the will of cultural relativism. TRUE True or false: Firms like Accenture acquire a competitive advantage by offering low-cost services with labor costs in India at less than half of those in the United States. TRUE True or false: Most international managers do not concern themselves with understanding the social culture in which their corporation is enveloped and how that can mesh with the corporate culture. FALSE True or false: Nongovernmental organizations (NGOs) have encouraged multinational corporations (MNCs) to be increasingly responsive to the range of social needs in developing countries. TRUE True or false: The United Nations Environment Programme (UNEP) is the division of the United Nations dedicated to the education, promotion, facilitation, and advocacy of sustainable practices and environmentally sound concerns. TRUE Under the Foreign Corrupt Practices Act (FCPA), it is illegal for a U.S. firm and its managers to attempt to __________. INFLUENCE OFFICIALS FROM

OTHER COUNTRIES VIA PERSONAL PAYMENTS OR POLITICAL CONTRIBUTIONS What are the hypothetical reasons for the inverted U-shaped relationship between economic development and the quality of the natural environment in the Environmental Kuznets Curve (EKC)? INCOME-DRIVEN ALTERATIONS IN THE INSTITUTIONS THAT ARE REQUIRED TO INTERNALIZE EXTERNALITIES; INCOME-DRIVEN ALTERATIONS IN THE COMPOSITITON OF PRODUCTION AND/OR CONSUMPTION; INCOME-DRIVEN ALTERATIONS IN THE INCREASING RETURNS TO SCALE RELATED TO POLLUTION ABATEMENT Which of the following are the U.N. Sustainable Development Goals? TO DIMINISH INEQUALITY WITHIN AND AMONG NATIONS; TO ADOPT URGENT ACTION TO COMBAT CLIMATE CHANGE AND ITS EFFECTS Which of the following financiers announced that they would no longer provide financing to coal-mining firms in both the developed and developing world in November 2015 on the opening day of the United Nations climate summit in Paris? MORGAN STANLEY; WELLS FARGO Which of the following is a form of consequentialism that favors the greatest good for the greatest number of people under a given set of constraints? UTILITARIANISM Which of the following is a true statement about Eastern philosophy in comparison with Western philosophy? IT STATES THAT ATTEMPTS TO DISCUSS THE UNIVERSE FROM AN OBJECTIVE VIEWPOINT ARE INHERENTLY ABSURD Which of the following is an argument by Kantian philosophical traditions? PEOPLE HAVE RESPONSIBILITIES DEPENDENT ON A CORE SET OF MORAL PRINCIPLES THAT GO BEYOND THOSE OF NARROW SELF-INTEREST Which of the following is the focus of Aristotelian virtue ethics? CORE, INDIVIDUAL ACTIONS AND BEHAVIORS AND HOW THEY EXPRESS AND BUILD INDIVIDUAL CHARACTER Which of the following refer to Kantian philosophy? INDIVIDUALS SHOULD CONSIDER THEIR CHOICES AS IMPLYING A GENERAL RULE THAT MUST BE ASSESSED FOR ITS CONSISTENCY AS A UNIVERSAL LAW; THE MORAL WORTH OF AN ACTION DOES NOT DEPEND ON THE EFFECT EXPECTED FROM IT, NOR ON ANY PRINCIPLE OF ACTION, WHICH REQUIRES TO BORROW ITS MOTIVE FROM THIS EXPECTED EFFECT

Which of the following shows the difference between corporate social responsibility (CSR) and ethics? CSR IS BASED MORE ON VOLUNTARY ACTIONS IN CONTRAST TO ETHICS THAT HAS A LEGAL COMPONENT Which of the following statements refers to utilitarianism? AN ACT IS MORALLY RIGHT IF IT MAXIMIZES USEFULNESS Which of the following U.S. agencies is responsible for continually auditing the financial books of multinational corporations (MNCs)? THE U.S. INTERNAL REVENUE SERVICE While the number of women in the workforce has increased remarkably worldwide, it is difficult to reach a firm's upper management positions. This means that most women are still experiencing the effects of __________. A GLASS CEILING Why do human rights issues present challenges for multinational corporations (MNCs)? THERE IS PRESENTLY NO UNIVERSALLY ADOPTED STANDARD OF WHAT REPRESENTS ACCEPTABLE BEHAVIOR...