1. Define cultural intelligence (CQ) in your own terms. Compare your definition with the definition used in this chapter.

2. How are stakeholder relationships in a global context different from those in a domestic context? In what ways are they alike?

3. What is the likelihood that corporate leaders agree on a global set of social responsibility standards? What evidence do you have?

4. How can organizations create stronger engagement with employees? What would be the effects on social responsibility? How would social responsibility affect engagement?

5. Define fair trade in your own terms. In what ways should consumers consider fair trade issues when making purchases and investments?

6 Review the Global Compact principles presented in Table 13.7. In what ways are these principles and issues related to a successful global economy? What benefits and/or challenges do they present to multinational corporations?

7. What are some ways that a company can measure its progress to comply with global reporting initiative guidelines? Propose both quantitative and qualitative measures.

The UN also established the Global Compact, which encourages organizations ourages to commit to common principles whereby effective and responsible business can be to 10 conducted on a global scale. The Global Compact is a set of 10 universally accepted ding ronment, principles (see Table 13.7) in the areas of human rights, labor, environment, and anti- eby corruption, to which approximately 13,000 organizations have officially declared business their commitment. Corporate signatories attest to their willingness to integrate these loba principles into everyday business practices, publish examples of their commitment and projects on an annual basis, and commit to a stronger alignment between the objectives of the international community and those of the business world.25 Although the UN has been most progressive in gaining corporate support for global development and popularizing business partnerships, corporations have aligned themselves with nonbusiness organizations to advance development for a number of years.26 For example, a company interested in building an offshore call center may realize that roadways and utilities need to be improved in the area. In another situation, a firm may know that a natural resource is abundant in a developing country, yet the people and government of the country do not have Table 13.7 The 10 Principles of the Global Compact Human Rights 1. Support and respect the protection of internationally proclaimed human rights. 2. Ensure nonparticipation in human rights abuses. Labor 3. Uphold the freedom of association and the effective recognition of the right to collective bargaining. 4. Eliminate all forms of forced and compulsory labour. 5. Abolition of child labor. 6. Eliminate discrimination with respect to employment and occupation. Environment 7. Support a precautionary approach to environmental challenges. 8. Undertake initiatives to promote greater environmental responsibility. 9. Encourage the development and diffusion of environmentally friendly technologies. Anticorruption 10. Work against corruption in all its forms, including extortion and bribery. Source: "Ten Principles," United Nations Global Compact, https://www.unglobalcompact.org/what-is-gc/mission/principles (accessed August 2, 2019)