Global Codes of Conduct Seek to Establish Domestic Principles or Guidelines

question 80

True/False

Global codes of conduct seek to establish domestic principles or guidelines by which businesses might follow while doing business around the world.

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Definitions:

Law

A set of guidelines established and implemented by societal or government bodies to control conduct.

Society

A group of individuals living together in a more or less ordered community with shared laws, traditions, and values.

Sarbanes-Oxley Act

A United States federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Unethical Business Decisions

Choices made in business practices that are morally wrong, illegal, or fall outside of accepted moral guidelines or standards.