Within the Integrated Social Contracts Approach,we Find That a Multinational

question 38

Multiple Choice

Within the integrated social contracts approach,we find that a multinational company's code of conduct involves universal norms that must be enforced worldwide and also the inclusion of local moral standards (traditions and cultures) by the host country,thereby allowing for ethical diversity which avoids:

• A) the discomforting case of the self-righteous multinational trying to operate as a standard bearer of morality worldwide.
• B) the disturbing case where a multinational's ethical conduct is found to be no higher than those local ethical norms,especially in situations where local ethical norms permit practices generally considered immoral or when local norms clearly conflict with a company's code of ethical conduct.
• C) the necessity to activate compromises on what is ethically permissible and what is not.
• D) much of the internal conflict because "first-order" ethical norms always take precedence over local "second-order" norms.
• E) All of these.

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Definitions:

Two-Way Communication

A method of exchange where information is sent and feedback is received, allowing for interactive dialogue.

Corporate Social Responsibility

The voluntary commitment by businesses to include ethical, social, and environmental considerations in their operations and interactions with stakeholders.

Business Activities

The various actions and tasks companies undertake, such as sales, marketing, manufacturing, and management, to operate and achieve their objectives.

Long-Term Strategies

Approaches or plans of action intended to achieve goals and objectives over an extended period, focusing on future outcomes and sustainability.