Global competitiveness of firms, Business Law and Ethics

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Question 1

Briefly explain:

(i) Describe Business ethics.

(ii) Illustrate caveat emptor.

(iii) Define corporate governance.

(iv) What is whistle blowing?

(v) Describe globalization.

(vi) Define fiduciary responsibility.

Question 2

a) Assess factors that contribute to the global competitiveness of firms.

b) Explain briefly norms and rules that could eliminate abusive behaviour of multinational and transnational corporations within the global society.

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