International Business: Competing in the Global Marketplace
11th Edition
ISBN: 9781259578113
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
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Chapter 5, Problem 6CTD
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To explain: The viewpoint of Person X.
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Evaluate and comment on this statement: “North American and European countries have created waste, pollution, and environmental devastation for decades, even centuries. Is it fair that countries like China and India, new to these behaviors, should have the same sanctions now regarding their use of technologies, fuels, and other polluting devices as North America and Europe?"
In what ways can ethical and unethical behaviors and actions impact a company or business? Multinational companies often encounter customs and standards of behavior that may be contrary to those in their home country and/or culture. What should be a firm’s policy regarding alignment of itself and its operations to the norms of other nations? What does the term CSR refer to? Why are such practices important for any business?
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What economic defense exists for investing resources in protection against the effects of global climate change? Your answer should discuss the potential economic costs of global climate change, as well as the costs of preventing or postponing its onset. You should also include should include a discussion of “no regrets” options. Explain why protective action is a global public good and why many nations have an incentive to free ride on the protective efforts of others
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International Business: Competing in the Global Marketplace
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- If you were asked to tell which countries you would love to visit and possibly stay in, you would have your unrelenting list. Upon your several reasons you might give for your choice, most of your reasons will most likely relate to good governance. examine how each of five features of good governance of your choice aids in the achievement of sustainable socio development in Ghana.arrow_forwardCritique the statement by Lord Robertson “Globalization will make our societies more creative and prosperous, but also more vulnerable”.arrow_forwardThe new US-Mexico-Canada Agreement (USMCA) ends free trade in cars and auto parts. Some foreign automakers might eventually move back to the USA if there is no cost advantage of manufacturing cars in the U.S. Discuss whether the United States will be better or worse off in the long run as a result of this trade deal. You should incorporate the following as part of your analysis... 1. consumers 2. Auto-workers 3. Trade deficitarrow_forward
- Cheap—and illegal—copies of pirated popular movies, videogames, and music often are available for sale in Asia within days oftheir worldwide release. The entertainment industry has so far hadlittle success in stopping the flow of these copies into consumers’hands. Do you think multinational economic communities shouldbe more effective at combating piracy? Why or why not? Whatactions could they take?arrow_forwardAssess the contention that people in the third world should learn from the errors of the West and seek development without pollution. Should there be uniform, global environmental standards, or should pollution-control standards be lower less-developed countries?arrow_forwardIn the developing nations, a wide rage of policies options to reduce, if not eliminate, poverty and to alter the nation’s size distribution of national income have been implemented. Which policies do you believe are absolutely essential and proved to be effective? Explain whether these policies have specifically targeted the high poverty groups (e.g. rural, women, elderlies, minorities, etc.)! (You may choose a specific developing nation as your example) of poverty in developing nations?arrow_forward
- How would you respond to critics who say that cap-and-trade programs allow polluters to buy their way out of the responsibility of cleaning up their operations?arrow_forwardClimate change is an example of a collective-goods problem. Based on what you have learned, in what ways could you apply the principles of dominance, identity, and reciprocity to help states reduce their greenhouse emissions?arrow_forwardWhat is the approach for Switzerland to help its citizens to cope up its high cost of living in the pandemic?"arrow_forward
- Explain the moral dilemma of doing business in China. Do companies have a moral requirement to opt out of the market, despite its size, if doing business in China requires companies to compromise their ideals?arrow_forwardWhat types of situations might prompt the U.S.government to implement protectionist measures?arrow_forwardCan NAFTA deliver rising prosperity?arrow_forward
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