International Business 15th Edition by Daniels – Test Bank

International Business: Environments and Operations, 15e (Daniels et al.)

Chapter 11   Globalization and Society

1) According to the text, which of the following has resulted from GE’s Ecomagination initiative?

1. A) rising profitability for many GE products
2. B) increasing doubt among GE’s foreign partners
3. C) reducing investments by GE due to poor returns
4. D) improving pollution levels near GE plants in China

Answer:  A

Diff: 2

Learning Outcome:  Discuss the role of ethics and social responsibility in international business

Skill:  Concept

Objective:  4

2) General Electric has focused on being more “green” in recent years most likely because ________.

1. A) the industry has always looked to GE as a trend setter in green technology
2. B) GE executives believe the firm can strategically align investor and environmental interests
3. C) GE executives realize that the firm can save significant money through the use of solar technology
4. D) the U.S. government has decided to use GE as a test case to see if the adoption of the Kyoto Protocol can actually work for a U.S. firm

Answer:  B

Diff: 3

Learning Outcome:  Discuss the role of ethics and social responsibility in international business

Skill:  Concept

Objective:  3

3) Which of the following statements about GE and its “Green is Green” movement is true?

1. A) GE is responding in part to the fact that it is operating in many countries which require compliance with higher environmental standards than exist in the United States.
2. B) GE has decided to develop new products that are environmentally friendly rather than adopt internal policies to reduce greenhouse gas emissions.
3. C) GE has moved aggressively to reduce greenhouse gas usage internally but has not been able to develop commercially viable “clean” technologies.
4. D) GE considered joining the U.S. Climate Action Partnership but decided the group was too radical in its approach to reducing greenhouse gas emissions.

Answer:  A

Diff: 3

Learning Outcome:  Discuss the role of ethics and social responsibility in international business

Skill:  Concept

Objective:  3

AACSB:  Dynamics of the global economy

4) Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

1. A) employees
2. B) competitors
3. C) shareholders
4. D) customers

Answer:  B

Diff: 2

Skill:  Concept

Objective:  1

5) Which stakeholder group primarily wants additional sales and increased productivity?

1. A) customers
2. B) shareholders
3. C) society at large
4. D) government

Answer:  B

Diff: 2

Skill:  Concept

Objective:  1

6) Which stakeholder group is most interested in trustworthy behavior by corporate executives and increased corporate taxes?

1. A) shareholders
2. B) society
3. C) employees
4. D) customers

Answer:  B

Diff: 2

Skill:  Concept

Objective:  1

7) Which of the following statements is most likely true regarding relationships between MNEs and stakeholders?

1. A) An MNE typically serves all stakeholder groups equally at any given time.
2. B) No individual stakeholder group is powerful enough to cause the demise of an MNE.
3. C) All stakeholders of an MNE have the same short-term and long-term goals and interests.
4. D) The inability to adequately meet the long-term needs of all stakeholders increases the probability of an MNE failing.

Answer:  D

Diff: 3

Learning Outcome:  Define the fundamental concepts of international business

Skill:  Application

Objective:  1

8) Monique has recently been hired as an accounts supervisor at Ballston Enterprises. She wants to understand Ballston’s values and its expectations for employee behavior. Which of the following would most likely provide Monique with this information?

1. A) mission statement
2. B) code of conduct
3. C) vision statement
4. D) employee contract

Answer:  B

Diff: 2

Skill:  Application

Objective:  1

9) All of the following are levels of moral development EXCEPT the ________.

1. A) preconventional level
2. B) autonomous level
3. C) internalized level
4. D) conventional level

Answer:  C

Diff: 2

Skill:  Concept

Objective:  1

10) Which level of moral development involves an individual learning role-conformity from peers, parents, and laws?

1. A) conventional
2. B) principled
3. C) autonomous
4. D) preconventional

Answer:  A

Diff: 2

Skill:  Concept

Objective:  1

11) Which of the following statements is most likely true about the postconventional level of moral development?

1. A) Individuals learn what is moral but not why such behavior is moral.
2. B) Individuals behave morally because they fear negative repercussions.
3. C) Individuals learn how to conform to society’s values through observation.
4. D) Individuals behave morally because they believe such actions are right.

Answer:  D

Diff: 2

Skill:  Concept

Objective:  1