Which of the Following Is True About Reaching Global Markets

question 134

Multiple Choice

Which of the following is true about reaching global markets?

• A) Under the Foreign Corrupt Practices Act of 1977, it is legal for U.S. firms to attempt to make bribes to influence policy decisions of foreign governments.
• B) A government's attitude toward cooperation with importers has little impact on marketing to that country.
• C) Differences in ethical standards can affect marketing efforts.
• D) Bribes and payoffs are considered unethical in all countries and cultures.
• E) Bribes and payoffs are supported by U.S. trade policies under certain conditions.

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Definitions:

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Socially Responsible

The obligation of individuals, groups, or organizations to act in a manner that benefits society at large, often beyond legal or regulatory requirements.

Ethical Conduct

Behavior that is in accordance with recognized principles of right and wrong, guiding professional and personal actions.

Competitive Advantage

The attributes or conditions that enable a company to outperform its competitors.