Francois' Company Is Planning on Opening a Factory in a Developing

question 40

Multiple Choice

Francois' company is planning on opening a factory in a developing nation.It is their goal to train persons from the local labour force to manage the facility.This expectation is reflective of the__________ standard of conduct for multinational corporations.

• A)competition
• B)employment and human resources
• C)political factors
• D)sociocultural objectives and values
• E)financing

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Definitions:

Social Responsibility

The obligation of individuals, businesses, and organizations to act towards the welfare of society at large and the environment.

Pragmatism

Pragmatism is a philosophical approach that evaluates theories or beliefs in terms of the success of their practical application.

Ethical Choices

Decisions made based on moral principles, considering what is right and beneficial for the broader community or stakeholders.

Personal Moral Philosophy

An individual’s set of beliefs, principles, and values regarding what is right and wrong.