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Area 8: Legal and Social Environment Please answer the following questions in a succinct and concise manner. Each answer should yield about 3-5 sentences. A.

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Area 8: Legal and Social Environment Please answer the following questions in a succinct and concise manner. Each answer should yield about 3-5 sentences. A. Sustainability 22. List the most critical environmental impacts currently affecting all of society. B. Corporate Social Responsibility 23. Describe, in 2 to 3 sentences, the main notions about corporate social responsibility. C. Ethics 24. Case: loaned USB drive. A friend of yours lends you his USB so that you can share a large file including photos taken from your recent trip. Upon opening the drive, you notice there are folders with videos of your friend labeled 'personal. In this folder you discover sexual content. List, in 2 to 3 sentences, the actions you will take. Area 9: International Issues Please answer the following questions in a succinct and concise manner. Each answer should yield about 3-5 sentences. 25. Name the entry strategy used when a domestic firm permits a company to manufacture and sell its product in exchange for a fee or royalty. 26. State a few facts about Foreign Direct Investment (FDI) (2 to 3 sentences). 27. Case Question: BP (British Petroleum) has been known to conduct friendly mergers and acquisitions (M&As) of the best lubricant brands around the globe (i.e. Amoco Premium, Agral, Gastrol, etc). Part of their success is accredited to their positive human resource approach as they acquire these top brands. In the case that you were hired to work in their M&A department for their next global project, what will be your friendly acquisition approach? 1

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