BP, one of the world's largest oil companies, has made it part of the company policy to undertake "social investments" in the countries where it does business. There was no economic reason for BP to make this social investment, but the company believes it is morally obligated to give something back to the societies that have made their success possible. BP's actions are an example of:
A) cultural relativism.
B) the Friedman doctrine.
C) noblesse oblige.
D) the tragedy of the commons.
Correct Answer:
Verified
Q26: The Convention on Combating Bribery of Foreign
Q38: An international U.S.-based company sets up a
Q39: Which of the following observations about the
Q40: The idea that businesspeople should consider the
Q43: Which of the following was designed to
Q44: Cultural relativism suggests that:
A) a firm should
Q45: Expatriate managers may experience more than the
Q48: Facilitating payments are:
A) a direct violation of
Q81: It is in the best interest of
Q97: _ enables managers to walk away from
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents