Firms from Several Countries Have Signed an Agreement to Limit

question 11

Multiple Choice

Firms from several countries have signed an agreement to limit emissions from chemical manufacturing plants. One firm does not sign this agreement and does not feel bound to comply with the agreement's terms. This firm is behaving according to which of the following ethical views?

• A) Cultural relativism.
• B) Ethical realism.
• C) International rights.
• D) Cultural realism.

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Definitions:

Strategic Proactivity

An approach whereby an organization anticipates future challenges or opportunities and actively shapes its strategies to address them.

Civil Corporation

A corporation that integrates social and environmental concerns in its business operations and interactions with its stakeholders.

Corporate Governance

The set of guidelines, procedures, and systems used to govern and manage a corporation.

Transparent Decision Making

A principle in which the rationale behind decisions is openly shared with relevant stakeholders to foster trust and inclusivity.