Match the Term with Its Definition

question 54

Multiple Choice

Match the term with its definition.
-Fees paid by the licensee to the licensor for each unit produced under a licensing contract

• A)bill of lading
• B)born-global firms
• C)counterfeit activity
• D)economies of scale
• E)exchange rate
• F)letter of credit
• G)political risk
• H)royalties

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Definitions:

Carol Gilligan

An American feminist, ethicist, and psychologist best known for her work on ethical community and ethical relationships, and certain subject-object problems in ethics.

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, rules, and laws.

Conscience

A gut feeling or internal speech perceived as directing someone towards what is morally correct or incorrect in their conduct.

Postconventional Morality

A stage in moral development characterized by an understanding that laws and rules are relative and moral reasoning is based on abstract principles and the welfare of others.