In Emerging Markets, MNEs Must Set Prices Appropriate for Local

question 6

Multiple Choice

In emerging markets, MNEs must set prices appropriate for local conditions because ________.

• A)research and development is relatively cheaper in emerging markets
• B)of high corruption and bureaucracy
• C)of inadequate legal framework
• D)emerging market consumers cannot pay high prices

---

Definitions:

Ethical Followership

Involves supporting leaders in making ethical decisions and acting with integrity while challenging unethical behavior.

Moral Development

The growth in an individual's understanding, reasoning, and application of ethics over time.

Obedience

The act of following commands or instructions from authority, often studied in psychology.

Self-Interest

Actions or considerations primarily aimed at one's own benefits or well-being.