Which of the Following Statements About the International Side of Ethics

question 56

Multiple Choice

Which of the following statements about the international side of ethics is true?

• A)A salesperson competing in a foreign country will NOT find him or herself competing with foreign companies who are allowed to do things considered unethical by Canadian standards.
• B)Those parts of the world that don't conform to Canadian ethical standards are limited to just three geographic areas.
• C)The vast majority of international companies do NOT have high ethical standards.
• D)Ethics related to employees and community are never difficult to understand when doing business in another country.
• E)None of these statements are true.

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Definitions:

Substitutes

Goods or services that can replace each other in use, where an increase in the price of one leads to an increased demand for the other.

Natural Gas

A fossil fuel used as a source of energy for heating, cooking, and electricity generation, consisting mainly of methane.

Coal

A combustible black or brownish-black sedimentary rock, composed mostly of carbon and hydrocarbons, used as a fossil fuel.

Demand Curve

A graph that illustrates the relationship between the price of a good or service and the amount of it that consumers are willing and able to purchase at various prices, typically downward sloping.