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13. The view states that a company should adopt local ethics wherever it operates because all belief systems are determined within a cultural context A) Friedman B) cultural relativist C) righteous moralist D) utilitarian E) cultural realism 14. Benefits of global electronic purchasing initiatives include A) increased backward integration B) exposure to exchange rate fluctuations C) optimized supply chains across an entire network of organizations D) increased barriers to entry for international market opportunities. E) elimination of potential security issues 7 B According to opponents of the globalization of trade and investment A) more globally integrated countries spend more on public education, especially in developing countries. B) globalization has had harmful effects on labor and labor standards C) countries that have rejected globalization are among the most advanced nations of the world D) globalization has increased the proportion of people in developing countries who live on S1 25 per day or less E) globalization has contributed to an improvement in environmental and health conditions