All of the Following Are Principles Established by the Codes

question 52

Multiple Choice

All of the following are principles established by the codes of conduct promulgated by the Organization for Economic Cooperation and Development (OECD) except:

• A) to take into account the policies and objectives of the country with which a corporation operates.
• B) nondiscrimination in hiring.
• C) mandatory wage scales for countries in which each corporation operates.
• D) utilizing "reasonable terms" when transferring technology.

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Definitions:

Productivity Gains

The increase in the output of goods and services per unit of input, typically labor, resulting from improvements in technology, processes, or methods.

Migrant Workers

Individuals who move from one region or country to another to seek employment.

Elastic Demand

Elastic demand indicates a scenario where a slight change in price leads to a substantial shift in the volume of the product demanded by consumers.

Resource Utilization

The efficient and effective use of resources, such as labor, capital, and materials, to produce goods and services.