Applying the Ethical Standards of the U

question 143

True/False

Applying the ethical standards of the U.S.to foreign firms is a difficult process for U.S.firms.
Requiring international suppliers to adhere to American ethical standards is not as clear-cut as you might think.Is it always ethical for American companies to demand compliance with our moral standards? What about countries where child labor is an accepted part of their society?

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Definitions:

Controlling Uncertainty

Efforts or strategies employed to manage or mitigate the unpredictability inherent in various aspects of life and decision-making processes.

Patrimonialism

A form of governance where all power flows directly from the leader, typically without a clear distinction between public and private realms.

Primary Patriarchalism

The original or fundamental system where men hold power over women in society.

Feudalism

A medieval European political, economic, and social system characterized by the granting of land in exchange for military service, operating on a hierarchy of lords and vassals.