Question: A firm recently updated its mission statement to emphasize the values of diversity and inclusion in its hiring practices. Which type of pillar is this

A firm recently updated its mission statement to emphasize the values of diversity and inclusion in its hiring practices. Which type of pillar is this an example of?

a. informal

b. normative

c. regulatory

d. Cognitive

A newly appointed manager to a firm's international division asks the CEO for advice. The CEO shares examples of how the global business environment has changed since the peak of globalization and says that the manager needs to learn about institutions and deglobalization. What topic should the manager study?

a. geopolitics

b. intellectual property

c. market economy

d. Democracy

A firm's market in Taiwan is undergoing significant changes related to how the government will continue to allow foreign direct investments. What is this an example of?

a. property right

b. economic system

c. political risk

d. regulatory pillar

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