A Company with International Operations Relies on Universal Ethical Standards

question 101

Multiple Choice

A company with international operations relies on universal ethical standards to guide it with which of the following?

• A)all decisions, because ethical standards should never vary from one operation to the next, even if the operations are in several nations
• B)ethics in a wide range of operational areas, except those issues that result from differences due to religious preferences and gender issues
• C)decision making across a broad spectrum of issues
• D)legal decisions in the nations where they operate

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Definitions:

Merchandise Inventory

Goods that a company holds for the purpose of selling them to customers.

Perpetual Inventory System

A method of inventory management where updates to inventory levels are made in real-time following every sale or purchase.

Merchandise Inventory

Goods that a retail merchandising business holds for sale to customers.

Periodic Inventory System

An inventory system that records inventory purchase or sales at the end of a period rather than after each transaction.