Mattel Has Allowed a Producer in Thailand to Manufacture and Sell

question 42

Multiple Choice

Mattel has allowed a producer in Thailand to manufacture and sell its branded dolls in overseas markets. The company in Thailand is a

• A) royalty receiver.
• B) licensor.
• C) licensee.
• D) license initiator.

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Definitions:

Ethical Relativism

The belief that morality is not universal and that ethical truths depend on the cultural, social, or individual context.

Cultural Relativism

The belief that moral and ethical systems are relative to cultural or societal contexts, and that no one system can be deemed universally applicable.

Preconceptions

Pre-existing beliefs or opinions formed before having actual evidence or experience.

Morality

Principles or standards determining which actions are right or wrong, often based on ethics, culture, or religion.