According to the Friedman Doctrine

question 37

Multiple Choice

According to the Friedman doctrine,

• A) ethics are nothing more than the reflection of culture.
• B) a multinational's home-country standards of ethics are inappropriate to follow in foreign countries.
• C) businesses should not undertake social expenditures beyond those mandated by the law and required for the efficient running of a business.
• D) if a manager of a multinational sees that firms from other nations are not following environmental legislation in a host nation, that manager should not either.

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Definitions:

Advantage

A condition or circumstance that puts one in a favorable or superior position relative to others.

Insight Therapies

A category of psychotherapies that aim to improve mental health by enhancing self-awareness and understanding of one's thoughts, feelings, and behaviors.

Cognitive and Cognitive-Behavioral

Relating to mental processes such as perception, memory, and reasoning, and a therapeutic approach that focuses on changing dysfunctional thoughts and behaviors.

Treating Disorders

The process of diagnosing and providing therapeutic interventions for individuals suffering from mental, behavioral, or physical disorders.