The Position That Advocates That an MNC Should Continue to Follow

question 17

Multiple Choice

The position that advocates that an MNC should continue to follow its home country's ethical standards even while operating in another country is known as

• A) ethical relativism.
• B) ethical egoism.
• C) ethical imperialism.
• D) ethical hegemony.

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Definitions:

Value Added

Value added refers to the additional features or economic value a company adds to its products or services before offering them to customers, often through improvements or enhancements that differentiate the product in the market.

Consumer Privacy

The rights of customers to protect and control access to their personal information collected by businesses.

Ethical Guidelines

Established standards of conduct that dictate how a person or organization should behave in a professional and moral manner.

Telemarketing Industry

The industry involving the direct marketing of goods or services to potential customers over the telephone, email or through web conferencing.