How Can Companies Avoid Ethical Problems While Working in Global

question 4

Multiple Choice

How can companies avoid ethical problems while working in global markets?

• A)By not moving into foreign markets.
• B)Develop a defined and applied code of conduct, and reinforce ethical principles in training.
• C)Following the laws of the country they are doing business is in.
• D)None of the above.

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Definitions:

Global Economy

The international spread of capitalism, especially in recent decades, across national boundaries and with minimal restrictions by governments.

Dambisa Moyo

An international economist and author known for her work on global economic issues, including aid, poverty, and global financial systems.

Foreign Aid

Economic, technical, or military assistance given by one nation to another for purposes of relief and rehabilitation, for economic stabilization, or for mutual defense.

Unnatural Reliance

A dependency on resources, processes, or systems that is deemed unsustainable or harmful to the natural environment or society.