Globalization
Political Systems
Economic Systems
Cultural Environment
EThics and Religion
100
The total accumulated value of foreign owned assets at a given time.
What is The Stock of Foreign Direct Investment?
100
A political system commited to achieving socialism by democratic means
What is Social Democracy?
100
An adjustment in gross domestic product per capita to reflect differences in the cost of living
What is PPP purchasing power parity?
100
Norms seen as central to the functioning of a society and to its social life
What are mores?
100
Entered into force on February 1999, this Canadian legislation makes bribery or other business corruption "tool" pf a fpreign official by a Canadian business person a criminal offence.
What is Bill S21 Foreign Corrupt Practices Act?
200
International Institution set up to mantain order in the international monetary system
What is the International Monetary Fund?
200
A political system in which a party, group or individual that represents the interests of a particular tribe or ethnic group monopolizes political power
What is tribal totalitarianism
200
Exclusive legal rights of authors, composers, playrights, artists and publishers to publish and dispose of their work as they see fit.
What is a copyright?
200
A system of social stratification in which social position is determined by the family into which a person is born, and change in taht position is usually not possible during an individual's lifetime.
What is caste system?
200
This author position is that the only social responsibility of business is to increase profits as long as the company stays within the rules of law.
What is the Friedman Doctrine?
300
Primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties signed by member states
What is the World Trade Organization?
300
An economic system where the allocation of resources, including what goods and services should be produced and in what quantity is planned by the government.
What is command economy?
300
The total income of all citizens of a Country, including the income from factors of production
What is GNI, Gross National Income?
300
Dimension measures the extent to which cultures socialize members to accept ambiguous situations and to tolerate diferent points of view.
What is Uncertainty Avoidance?
300
A situation in which there seems to be no ethically acceptable solution.
What are ethical dilemas?
400
The decline of barriers to the free flow of goods, services and capital and the technological developments in communication, information processing and transportation technologies
Which are the drivers of Globalization?
400
A system of law based on tradition, precedent, and custom.
What is Common Law
400
In his work The Wealth of Nations, states that by pursuing his own interests, an individual frequently promotes that of the society.
Who is Adam Smith?
400
This influential Dutch sociologist studied the differences in national cultures.
Who is Geert Hofstede?
400
environmental protection, ethical governance, employee relations, community involvement, and generation of profits
what are the pilars of Corporate Social Responsibility?
500
Any firm that engages in international trade or investment
What is an International Business
500
Bundle of legal rights over the use to which a resource is put and over the use made of any income that may be derived from that resource
What are Property Rights?
500
The likelihood that events, including economic mismanagement will cause drastic changes in a country's business environment that adversely affect the profit and other goals of a particular business enterprise
What is economic risk?
500
People rely more on things other than words to communicate a message
What is a High context communication style?
500
individuals or groups who have some claim on a firm but do not work for the company
What are external stakeholders?
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