The Developing Country of Alpha Had a Rule That None

question 63

Multiple Choice

The developing country of Alpha had a rule that none of its factories could be owned by companies from the developed country of Beta. If Alpha drops this rule, this would be an example of a(n) ________.

• A)decline in trade and investment barriers
• B)globalization of markets
• C)technological innovation
• D)increase in tariffs

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Definitions:

Society At Large

A broad term referring to the general public or the greater community beyond specific groups or sectors.

Ethics Code

An ethics code is a set of principles and rules designed to guide the behavior and decision-making of members of an organization or profession.

Human Resource

Refers to the department within an organization that is responsible for hiring, training, compensating, and maintaining policies for the employees.

Archie Carroll

An academic known for his work in corporate social responsibility, including the pyramid model that outlines the responsibilities of businesses.