The Position That Advocates That an MNC Follow the Host

question 74

Multiple Choice

The position that advocates that an MNC follow the host country's ethical standards is called

• A) ethical relativism.
• B) ethical egoism.
• C) ethical imperialism.
• D) ethical hegemony.

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Definitions:

Utility Function

A mathematical representation of how consumer preferences are related to the consumption of goods and services.

Competitive Market

A market structure characterized by a large number of buyers and sellers, all of whom have minimal impact on the market price.

Coconuts

The large, round, tropical fruit with a hard shell, white flesh, and clear liquid inside, produced by the coconut palm.

Fish

Aquatic animals that are typically covered with scales and have fins for movement; also refers to the act of catching these animals as a form of consumption or sport.