Question

____ 34. In Kiseria, a country in South Asia, labor laws require laborers to work in factories for 12 hours a day. Atlas Inc., a mining company, is planning to open its operations in Kiseria. However, Atlas Inc. feels that laborers are being exploited by making them work for unusually long hours. This scenario illustrates that Kiseria’s labor practices are: A. ethical but illegal C. ethical and legal B. illegal and unethical D. legal but unethical ____

35. In Ligedia, a country in East Asia, factory workers are exposed to dangerous work conditions. Although such a practice is unethical, it is not considered illegal. Maple Inc., a Canadian mining company, is planning to start its operations in Ligedia. Which of the following actions should Maple Inc. take to proactively deal with the ethical situation? A. It should focus more on staying within the legal limits. B. It should build capabilities that would enable it to quickly respond to the ethical situation. C. It should establish strong guidelines to direct global actions toward employees, communities, and customers. D. It should engage in actions that attempt to minimize the damage to the firm. ____

36. In Lubenir, a country in South America, its citizens can own capital, make decisions about how to use it, and reap the returns or losses of their business activities. Given this information, it can be said that Lubenir has a _____. A. mercantilist economy B. traditional economy C. command-based economy D. market-based economy ____

37. Lavender Inc., an American apparel company, is planning to start its operations in Borihia, a country in South America. Sharon, a manager in the company, feels that the company should assess the strength of Borihia’s economy before investing there. Which of the following measures can help Lavender Inc. in determining Borihia’s economy? A. Cross price elasticity C. Output per person B. Customer retention rate D. A credit score ____

38. Cumulus Inc., an American consumer electronics company, is planning to start its operations in Kilnedia, a country in West Asia. To determine the output of Kilnedia, Cumulus wants to measure the value of finished goods and services produced within Kilnedia’s borders by domestic and foreign companies. Given the information, it can be said that Cumulus is most likely to determine the _____ of Kilnedia. A. Human Development Index C. purchasing power parity B. Consumer Price Index D. gross domestic product ____

39. Titus Inc., a Canadian car manufacturer, is planning to start its operations in Kalaus, a country in Eastern Europe, and Gimovia, a country in South America. Kalaus is a small nation, whereas Gimovia is triple the size of Kalaus in terms of geographic area. Before starting its operations in the two countries, Titus wants to compare the output of both the countries and measure the potential opportunities in both countries. Which of the following measures can Titus use for this purpose? A. Net domestic product per capita B. Net national income per capita C. Gross national income per capita D. Gross domestic product per capita ____

40. Ashton, an economics professor at the University of California, believes that gross domestic product (GDP) focuses on domestic production. Which of the following statements supports his beliefs? A. GDP takes into consideration where the output is produced. B. GDP takes into consideration who owns the asset producing the output. C. GDP determines the output that domestic companies make abroad. D. GDP determines who is benefiting from a country’s production. ____

41. Before starting its operations in Viscosia, a country in South America, Kite Inc., an American consumer electronics company, wants to assess the overall well-being of Viscosia. The factors that Kite is considering are health, education, and economics of Viscosia. Which of the following measures can help Kite in this scenario? A. The Human Development Index B. The purchasing power parity C. The Gini coefficient D. The Consumer Price Index ____

42. The government of Ligesia, a country in South America, has lowered its taxes by 25 percent. Consequently, the discretionary income of its citizens has increased, which in turn has increased their private spending. In the given scenario, the government of Ligesia has used _____. A. fiscal policy C. an open-door policy B. monetary policy D. a commercial policy ____

43. The ratio that tells how much of one currency is needed in order to buy an equivalent amount of purchasing power in a different currency is known as the currency's _____. A. equity value C. dividend B. exchange rate D. capital share

Answer 1

Answer = 34. In Kiseria, a country in South Asia, labor laws require laborers to work in factories for 12 hours a day. Atlas Inc., a mining company, is planning to open its operations in Kiseria. However, Atlas Inc. feels that laborers are being exploited by making them work for unusually long hours. This scenario illustrates that Kiseria’s labor practices are:

Legal but unethical

Reason- The action is legal as it does not violates the country's law but it is unethical as it is against the norms of the comprehensive value of the industry

35. In Ligedia, a country in East Asia, factory workers are exposed to dangerous work conditions. Although such a practice is unethical, it is not considered illegal. Maple Inc., a Canadian mining company, is planning to start its operations in Ligedia. Which of the following actions should Maple Inc. take to proactively deal with the ethical situation?

B. It should build capabilities that would enable it to quickly respond to the ethical situation.

Reason- While dealing with these situations, the company must change or act proactively to have broad ethical conceerns

36. In Lubenir, a country in South America, its citizens can own capital, make decisions about how to use it, and reap the returns or losses of their business activities. Given this information, it can be said that Lubenir has a

D. market-based economy

Reason- In market based economy, citizens are allowed to make their own economy-related decision

37. Lavender Inc., an American apparel company, is planning to start its operations in Borihia, a country in South America. Sharon, a manager in the company, feels that the company should assess the strength of Borihia’s economy before investing there. Which of the following measures can help Lavender Inc. in determining Borihia’s economy?

Output per person

Reason- Output per person is an indication of the GDP of a country that can be used to analyze the economic performance of the country

P.S. AS PER CHEGG POLICY, WE CAN ANSWER ONLY THE FIRST 4 PARTS OF A QUESTION HAVING MORE HAN 4 PARTS