What concept refers to economic theories advocating the creation of a society where wealth and power are distributed evenly, relative to the amount of work expended in production?
Social democracy
.
Who are you during the 1930s that the state could stimulate economic growth and improve stability in the private sector?
John Maynard Keynes
is best known as the founder of Keynesian economics, a school of economic thought originating in the 1930s.
What concept refers to economic theories advocating the creation of a society where wealth and power are distributed evenly relative to the amount of work expended in production group of answer choices?
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.
What assumes that humans may not act rationally because of genetics learned behavior and rules of thumb?
This approach is also known as planned obsolescence. … It is also known as the “invisible hand.”
Laissez-fair
. assumes that humans may not act rationally because of genetics, learned behavior, and rules of thumb.
Has been codified in a UN document and is defined as an inherent?
15. _____ has been codified in a United Nations document and is defined as an
inherent dignity with equal and inalienable rights
as the foundation of freedom, justice, and peace in the world. Human rights. 16. Power distance dimension refers to the “power inequality” between superiors and subordinates.
What concept refers to economic theories advocating the creation of a society?
What concepts refers to economic theories advocating the creation of a society where wealth and power are distributed evenly, relative to the amount of work expended in production?
Socialism
.
Terms in this set (15) The ability or authority to guide and direct others toward a goal is called: a.
supervision
.
What policies should lead to faster economic growth?
- Demand side policies include: Fiscal policy (cutting taxes/increasing government spending) Monetary policy (cutting interest rates)
- Supply side policies include: Privatisation, deregulation, tax cuts, free trade agreements (free market supply side policies)
What are the ethical issues associated with multinational corporations?
- Lack of Cultural Awareness. Multinational managers inevitably deal with miscommunication and lack of cultural awareness. …
- Bribery. The Foreign Corrupt Practices Act prohibits bribery. …
- Privacy. Privacy is a pervasive issue for many companies. …
- Compensation.
What was the GDP during the Great Depression?
| Year | 1929 | Real GDP | 865.2 | Unemployment | 3.2 | Price Level | 9.9 | Inflation Rate | 0.0 |
|---|
How members of a society respond to uncertainty or ambiguity is referred to as?
world Trade Organization. How members of a society respond to uncertainty or ambiguity is referred to as.
uncertainty avoidance
. You just studied 42 terms!
Which of the following is a measure taken by governments to curtail MNC practices that create ethical issues group of answer choices?
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.
Which statement best describes the relationship between those who believe in external control externals and those who believe in internal control internals )?
Which statement best describes the relationship between those who believe in external control (externals) and those who believe in internal control (internals)?
Externals believe that they control events in their lives by their own effort and skill
, while internals believe in going with the flow.
What involves transactions across national boundaries?
International business
refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries. … International business is also known as globalization.
What is the purpose of the United Nations Universal Declaration of Human Rights quizlet?
A 1948 statement in which the United Nations declared
that all human beings have rights to life, liberty, and security
.
Which of the following is an advantage of a values based ethics program?
Which of the following is an advantage of a values-based ethics program over a compliance-based one?
Employees learn to make decisions based on values
such as fairness, compassion, respect, and transparency.
