To Be Viewed as Legitimate in Their Host Countries,MNCs Must

question 37

Multiple Choice

To be viewed as legitimate in their host countries,MNCs must fulfill their social responsibilities,including all of the following except

• A)economic functions.
• B)legal duties.
• C)philanthropic opportunities.
• D)technological functions.

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Definitions:

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic, concept, method, or decision.

Representativeness Heuristic

A cognitive shortcut used in decision-making that involves judging the likelihood of an event based on how closely it matches a prototype or stereotype.

Belief Perseverance

The phenomenon where individuals stick to their initial beliefs even when confronted with contrasting evidence.

Representativeness Heuristic

A cognitive shortcut that involves judging the likelihood of an event based on how closely it resembles a typical case.