According to the Friedman Doctrine

question 42

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 ethical norms in a host nation,that manager should not either.

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Definitions:

Political Life

The activities associated with governance, the pursuit and use of power, and the formulation and implementation of public policy.

Independent Influence

The effect or impact exerted by a factor or entity operating autonomously, without being affected by other variables or sources of influence.

Registered to Vote

The status of having officially enrolled on electoral lists to be eligible to participate in voting during elections.

American Citizens

Individuals who legally belong to the United States of America, either by birth or naturalization.