State two examples of cultural and ethical issues that face operations managers in a global environment
What will be an ideal response?
Student responses will vary, but there are several issues on which there are wide differences from country to country, culture to culture. Among those listed in the text are bribery, child labor, the environment, and intellectual property rights. Students may bring forward from an earlier chapter issues such as environmental regulation or safe work environment, and may raise issues such as product safety.
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Identify and explain five of the eight axioms of Uncertainty Reduction Theory.
What will be an ideal response?
Which of the following is established by the Supremacy Clause of the U.S. Constitution?
A. The President is the supreme and sovereign head of the United States. B. The legislative branch of the federal government is the supreme law-making authority in the country. C. The judiciary is the supreme law-enforcing authority and cannot be influenced by anyone, however powerful, in any manner. D. The U.S. Constitution and federal treaties, laws, and regulations are the supreme law of the land.
Jane is a manager of a bank. She has all of the qualifications to be promoted to bank manager
In fact, she is better qualified then any of the males being considered for that position. However, the owner of the bank believes that the bank customers will not accept a woman as bank manager, so the owner promotes one of the males. The owner's actions would best be described by: A) Sexual harassment. B) Quid pro quo sex discrimination. C) Pregnancy discrimination. D) Hostile working environment sex discrimination. E) Sex discrimination.
According to a survey by Bank of America, the type of foreign exchange risk most often hedged by firms is:
A) translation exposure. B) transaction exposure. C) contingent exposure. D) economic exposure.