Which of the Following Is a Difference Between the UN

question 1

Multiple Choice

Which of the following is a difference between the UN Global Compact and the Organization for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises?

• A)Unlike the UN Global Compact, the OECD guidelines uses a more governmental approach for the issues featured in the UN's nongovernmental Global Compact.
• B)Unlike the OECD guidelines, the UN Global Compact ignores most areas of environmental concern.
• C)Unlike the UN Global Compact, the OECD guidelines carry criminal or civil enforcement and are regarded as legally binding.
• D)Unlike the OECD guidelines, the UN Global Compact applies only to companies operating in their own country.

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Definitions:

Securities Regulation

The body of laws and rules governing securities, including issuing, trading, and disclosures to protect investors and ensure fair markets.

Foreign Markets

Markets outside a company's home country where it conducts or seeks to conduct business.

Anti-Fraud Provisions

Regulatory measures designed to prevent deceit or fraud, especially in financial transactions or securities.

Expropriated Assets

Assets that are forcibly taken from their owners by a government or governmental authority, often without fair compensation, for public use or benefit.