Which of the following is a measure taken by governments to curtail MNC practices that create ethical issues? Imposing export taxes to force MNCs to share more of their profits.

world Trade Organization. How members of a society respond to uncertainty or ambiguity is referred to as. uncertainty avoidance. You just studied 42 terms!

His ideas were guiding principles for government policy making in the US. Socialism. economic theories advocating the creation of a society in which wealth and power are shared and distributed evenly based on the amount of work expended in production. social democracy.

Ethical Perceptions and International Business•Dumping—the practice of charging high prices for products sold in domestic markets while selling the same products in foreign markets at low prices, often below the costs of exporting them•The United States has a number of anti-dumping laws.

5 common pricing strategies

• Cost-plus pricing—simply calculating your costs and adding a mark-up.
• Competitive pricing—setting a price based on what the competition charges.
• Value-based pricing—setting a price based on how much the customer believes what you’re selling is worth.

I will make this argument in three steps, by rebutting three widely held beliefs about the ethics of price gouging: 1) that laws prohibiting price gouging are morally justified, 2) that price gouging is morally impermissible behavior, even if it ought not be illegal, and 3) that price gouging reflects poorly on the …

In most states, price gouging is set as a violation of unfair or deceptive trade practices law. Most of these laws provide for civil penalties, as enforced by the state attorney general, while some state laws also enforce criminal penalties for price gouging violations.

Price gougers are viewed as villains in this crisis—but two scholars argue that price gouging is, in most cases, morally permissible. Increased prices prevent unnecessary hoarding. Buyers purchase only what they need when they need it.

Price gouging occurs when a seller increases the prices of goods, services or commodities to a level much higher than is considered reasonable or fair. Common examples include price increases of basic necessities after natural disasters.

: charging customers too much money The company has been accused of price gouging.

Price gouging is typically thought of as immoral, and, as such, price gouging is explicitly illegal in many jurisdictions. It’s important to understand, however, that this concept of price gouging results from what is generally considered to be an efficient market outcome.

What is the opposite of price gouging?

: the act or activity of making an unreasonable profit on the sale of essential goods especially during times of emergency …

Extortion Synonyms – WordHippo Thesaurus….What is another word for extortion?

Under California Penal Code Section 518 PC, extortion (commonly referred to as “blackmail”) is a criminal offense that involves the use of force or threats to compel another person into providing money or property, or using force or threats to compel a public official to perform or neglect an official act or duty.

Extortion is defined as the practice of trying to get something through force, threats or blackmail. When you threaten to release embarrassing pictures of someone unless he gives you $100, this is an example of extortion.

Extortion is a criminal offense that occurs when a person unlawfully obtains money, property, or services from another person or entity by means of particular types of threats.

Relatedness needs are satisfied by social and interpersonal relationships, and growth needs are satisfied by creative or productive activities.

Terms in this set (15) The ability or authority to guide and direct others toward a goal is called: a. supervision.

Transformational leaders have a vision that inspires and motivates followers to achieve important goals. Transformational leaders serve as role models for their followers, allow them to identify with a shared organizational vision, and provide a sense of meaning and achievement.

Here are 10 ethical leadership characteristics:

• Justice. An ethical leader is always fair and just.
• Respect others. One of the most important traits of ethical leadership is the respect that is given to followers.
• Honesty.
• Humane.
• Focus on teambuilding.
• Value driven decision-making.
• Encourages initiative.
• Leadership by example.

Affiliative Leadership Style Elements Value people, their feelings and openly share emotions.

Strong ethical leaders must have the right kind of moral integrity. Describe: Emotional Intelligence. demands instantaneous obedience and focuses on achievement, initiative, and self-control.

Group polarization is defined as a phenomenon when “members of a deliberating group move toward a more extreme point in whatever direction is indicted by the members’ predeliberation tendency.” Group polarization leads to changing attitudes among individuals within the group.

The 10 Habits of effective leaders include: (1) lead by example; (2) set clear objectives; (3) manage performance; (4) praise good work frequently and correctly; (5) communicate effectively; (6) encourage ideas and initiative; (7) adapt your teams; (8) develop team members; (9) treat team members as individuals; and ( …

What is true about ethical leaders? Ethical leaders place company interests above their own. What are the benefits of ethical leadership? Employees are more willing to work for ethical companies.

Transactional leaders attempt to create employees satisfaction through negotiating, or “bartering,” for desired behaviors or levels of performance.

Which of the following is not a habit of ethical leaders? They are primarily concerned with themselves. Which of the following leadership types has a strong influence on coworker support and building an ethical culture through increasing employee commitment and fostering motivation?