Will Establishing a Code of Conduct for Vendors in Foreign

question 44

Multiple Choice

Will establishing a code of conduct for vendors in foreign nations be successful?

• A) Most probably not, because Canadian organizations do not care about how foreign vendors produce products; they only care about getting products at low costs.
• B) Most probably, as long as the code of conduct is posted at every location.
• C) Most probably, but only if the company performs social audits and takes action when needed.
• D) Most probably not, because while it is a nice idea in practice, so far no Canadian firms have been able to actually establish a comprehensive code.

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Definitions:

Standard Of Living

A level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area.

Standard Of Living

This term defines the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Labor Force

The labor force comprises all the working-age population that is either employed or actively seeking employment.

Output

The total amount of goods and services produced by an economy over a specific time period.