Please Answer the following questions:
1. Which of the following statements about ethics is false?
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Ethics assists individuals in deciding when an act is moral or immoral. |
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Business ethics is the application of ethical standards to commercial enterprises. |
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Ethics can be assessed by the legality of an action. |
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Ethics may be defined as a system of right and wrong. |
2.
Which one of the international strategies involves both centralized and decentralized value chain activities?
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Global strategy |
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International strategy |
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Multidomestic strategy |
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Transnational strategy |
3.
Which of the following is not a governance mechanism that is used to resolve the agency problem?
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Shareholder rewards and incentives |
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Managerial rewards and incentives |
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The board of directors |
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Shareholder activism |
4.
_____________________ is a when a third-party legal entity is created, while ____________ does not require a third-party entity creation.
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strategic alliances; joint ventures |
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joint ventures; strategic alliances |
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licensing agreements; joint ventures |
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franchising agreements; strategic alliances |
5.
A company shares manufacturing operations across its businesses. It also has a corporate research and development facility and staff departments that support all the operating divisions of the company. This is an example of creating value by using
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related diversification to acquire parenting, restructuring, and financial synergies through corporate restructuring and parenting. |
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related diversification to acquire economies of scope by sharing. |
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related diversification to acquire market value by leveraging core competencies. |
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unrelated diversification to acquire financial synergies through portfolio management. |
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