Because the Operations of Multinational Enterprises Can Be Bewilderingly Complex

question 33

Multiple Choice

Because the operations of multinational enterprises can be bewilderingly complex, even before the goals of CSR are thrown in, firms looking for global sustainability must first:

• A)​Identify primary and secondary stakeholders.
• B)​Focus on the details rather than the big picture.
• C) ​Drill down to make CSR drivers simple.
• D) ​Prioritize its goals.

Understand the concepts and mechanisms of attributions in social psychology.

Comprehend the significance of social cognition in interpreting and reacting to social information.

Recognize the impact of stereotypes, prejudice, and discrimination in social perceptions and interactions.

Grasp the concept and implications of the bystander effect in social situations.

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Definitions:

Real Exchange Rate

The value of a currency in terms of another currency, adjusted for differences in price levels between countries.

Net Capital Outflow

The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners, which reflects the flow of capital out of a country.

Net Exports

The value of a country's total exports minus the value of its total imports, representing a component of the GDP calculation.

Saving

The portion of income not spent on current consumption or taxes, typically stored for future use or investment.