Chapter 2: Reread the Management Focus feature: Did Walmart Violate the Foreign Corrupt Practices Act? What is your opinion? If you think it did, what do you think the consequences will be for Walmart?
Chapter 3: What is the relationship between property rights, corruption, and economic progress? How important are anticorruption efforts in the effort to improve a country’s level of economic development?
Chapter 4: Do you think business practices in an Islamic country are likely to differ from business practices in a Christian country? If so, how?
Chapter 5: Milton Friedman stated in his famous article in The New York Times in 1970 that “the social responsibility of business is to increase profits.” Do you agree? If not, do you prefer that multinational corporations adopt a focus on corporate social responsibility or sustainability practices?
Chapter 6: Is free trade fair? Discuss.