According to the profit-seeking school of social responsibility, a firm must have clear ethical standards and a sense of social responsibility for its unintended acts in order to maximize profits and to survive in both the short and long runs

A 150% return in Belarus is higher than a 15% dollar return in the U.S

A) because arbitrage opportunities exist. B) when the inflation controls are suspended in Belarus. C) it depends on whether these are nominal or real returns. D) regardless of nominal or real returns.

Managers seeking to do business within foreign cultures that are more tolerant of bribery and kickbacks should use these practices to avoid losing business

Indicate whether the statement is true or false