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Question
From a utilitarian perspective, bribery distorts markets and reduces economic efficiency.
Answer
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Related questions
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b) microfinance
c) micropatronage
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TMX, a manufacturing company based in the U.S. decides to expand to emerging market countries in Africa. The company uses individualized incentives to motivate employees in its new branches but find that such incentive programs are not working. Which of the following is the most likely explanation for its failure?
a) The transparency of regulation and the nonservicing of payments is high in emerging markets
b) The demand side of corruption is high.
c) The collectivist culture of the country is hostile to such incentive programs.
d) The performance of employees in emerging markets is independent of the incentives provided.
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Transparency Internationals Corruption Perceptions Index (CPI) pertains to the corruption in a country or the demand side of corruption.
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International concern about Chinas human rights have centered on which of the following?
a) the persecution of the aged
b) persecution of religious minorities
c) the increasing economic inequities in the Chinese society
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The Politburo is responsible for the ongoing administration of the CCP.
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Confucian behavioral norms display a strongly particularistic, as opposed to universal, inclination.
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Beijing lifted import restrictions in 1978 under its open-door policy recognizing China's need for exposure to Western products, ideas, and capital.
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A central feature of Chinas First Five Year Plan was the collectivization of agriculture.
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Write a short note on the tasks of the European Commission and the Council of Ministers.
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c) Neither allows defenses such as economic consequences.
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a) mutual recognition
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Council decisions involving foreign and security policy require ________.
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Alternatives that are contrary to the law or company policy are eliminated in the ________ stage of the framework for the analysis of nonmarket issues.
a) analysis
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a) interest group formation
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The nonmarket strategies focus on adaptation to change during which of the following stages in the nonmarket issue life cycle?
a) interest group formation
b) legislation
c) administration
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a) competitors; customers
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c) government; markets
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Nonmarket strategy is essential because in its absence competitors in the nonmarket environment will influence the outcome of issues and shape the rules of the game to their advantage.
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A firm that decides to enter a country that has open markets relies primarily on a nonmarket strategy.
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Describe the nonmarket environment. Why has the nonmarket environment grown in importance and complexity over time?
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a) managers
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c) lobbyists
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