The Ethics and Global Strategy Plan for Improving Global Business

question 42

Multiple Choice

The ethics and global strategy plan for improving global business ethics has as its central idea

• A) placing ethics ahead of profits as the number one priority.
• B) focusing on human rights rather than profits.
• C) employing only hypernorms for the MNC's ethical standards.
• D) utilizing ethical standards as significant inputs into top-level strategy formulation and implementation.

Understand the legal effects and requirements of a valid assignment and delegation.

Analyze the role and rights of third parties in assignments and delegations, including third-party beneficiaries.

Interpret the implications of anti-assignment clauses and their enforceability.

Describe the necessary steps and procedural requirements for a valid assignment, including notification obligations.

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Definitions:

Interest Expense

It refers to the cost incurred by an organization or individual for borrowing funds, typically represented as a yearly interest rate applied to the loan's principal amount.

Prime Rate

The interest rate that banks charge their most credit-worthy customers, often used as a benchmark in lending rates.

Tender Offer

A public, open offer or invitation (usually made by a company) to all shareholders to tender their stock for sale at a specific price during a certain time frame.

Acquiring Company

A company that purchases most or all of another company's shares to gain control of it.