Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Question
Chapter 4.6, Problem 9TP
Summary Introduction
To determine: The reason that it is unlikely to follow a single set of international rules governing multinational companies.
Introduction:
International ethics and social responsibility are the same as ethical rights and responsibilities which are formed by the companies within India. Each country has their own ethics and rights, so if anyone wants to trade internationally; the person must be ethical in all terms.
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Chapter 4 Solutions
Understanding Business
Ch. 4.2 - Prob. 4.2AQCh. 4.2 - Prob. 1TPCh. 4.2 - Prob. 2TPCh. 4.2 - Prob. 3TPCh. 4.4 - Prob. 4.4AQCh. 4.4 - Prob. 4TPCh. 4.4 - Prob. 5TPCh. 4.5 - Prob. 4.5AQCh. 4.5 - Prob. 4.5BQCh. 4.5 - Prob. 4.5CQ
Ch. 4.5 - Prob. 1SSCh. 4.5 - Prob. 6TPCh. 4.5 - Prob. 7TPCh. 4.6 - Prob. 4.6AQCh. 4.6 - Prob. 8TPCh. 4.6 - Prob. 9TPCh. 4 - Prob. 1CTCh. 4 - Prob. 2CTCh. 4 - Prob. 1DWSCh. 4 - Prob. 2DWSCh. 4 - Prob. 3DWSCh. 4 - Prob. 4DWSCh. 4 - Prob. 5DWSCh. 4 - Prob. 1TITCh. 4 - Prob. 2TITCh. 4 - Prob. 3TITCh. 4 - Prob. 4TITCh. 4 - Prob. 1VCCh. 4 - Prob. 2VCCh. 4 - Prob. 3VC
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- Mention two (2) advantages and two (2) disadvantages of the use of information technology in international business.arrow_forwardevaluate the risks involved in operating in an international environment.arrow_forwardWhat types of problems may a multinational corporation face? What inconsistencies may multinational corporations face as a result of differences in cultures and values?arrow_forward
- What are the legal considerations and regulations governing international trade, including import/export laws, customs duties, and trade agreements?arrow_forwardWhy should a multinational organization operate as a tightly integrated, worldwide business system?arrow_forwardCultural Differences are very common in International Business. How would you respond to cultural differences in matters of dealing with Marketing of your products? Explain with relevant examples.arrow_forward
- International Business: What costs are associated with making sure that your business partner in a licensing agreement doesn't cheat or take advantage of you are known as what "costs" in internalization theory?arrow_forwardHow do tax laws and regulations vary between different countries, and what are the implications of these differences for multinational corporations?arrow_forwardThink of something you bought recently that was made by a multinational corporation. How do you know the maker was a multinational?arrow_forward
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