Companies That Adopt the Principle of Ethical Relativism in Providing

question 71

Multiple Choice

Companies that adopt the principle of ethical relativism in providing ethical guidance to company personnel

• A)base their standards of what is ethical and what is unethical in the company's home market.
• B)may quickly find themselves on a slippery slope with no higher order moral compass if they operate in countries where ethical standards vary considerably from country to country.
• C)have no fair way to judge the ethical correctness of the conduct of company personnel.
• D)have a one-size-fits-all set of ethical standards.
• E)end up allowing each company employee to determine what set of ethical standards to observe.

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Definitions:

Segmentation Variable

A characteristic used to divide a market into distinct subsets of customers based on needs, behaviors, or demographics.

Product Feature

A characteristic or function of a product that is intended to provide benefits and possibly differentiate it from competing products.

Bureau

An administrative unit or a specialized agency, typically within a government or organization, responsible for a specific area of operation or a type of activity.

Finishes

The final surface application or detailing of a product, important for aesthetics and functionality.