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 entails:

• A) the self-righteous company 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,where local ethical norms permit practices generally considered immoral.
• C) the necessity to activate compromises on what is ethically permissible and what is not.
• D) much internal conflict because "first-order" ethical norms always take precedence over local "second-order" norms.
• E) a "no compromise" position in instances involving universally applicable ethical norms on what is ethically permissible and what is not.

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Definitions:

Collinearity

A statistical phenomenon where two or more predictor variables in a multiple regression model are highly correlated, making it difficult to isolate the individual effects of each predictor.

Odds Ratio

The odds that y = 1 given that one of the independent variables increased by one unit (odds1) divided by the odds that y = 1 given no change in the values for the independent variables (odds0); that is, Odds ratio = odds1 / odds0.

Estimated Income

An estimate of the revenue anticipated to be generated during a certain timeframe.

Yearly Income

The total pre-tax earnings received by an individual or household over the course of one year from all sources combined.