According to the Reaching Beyond Our Borders Box,titled "Ethical Culture

question 53

Multiple Choice

According to the Reaching Beyond Our Borders box,titled "Ethical Culture Clash",which of the following is true?

• A)Corporate ethics are intended to be consistent with cultural ethics.
• B)Corporate ethics have priority over corporate profit.
• C)Corporate profits have priority over corporate ethics.
• D)Corporate ethics can clash with cultural ethics.

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Definitions:

Society of Worldwide Interbank Financial Telecommunications

An international messaging network that financial institutions use for securely transmitting information and instructions related to financial transactions.

International Payment Transfers

Financial transactions that involve the sending of money across international borders.

Global Telecommunications

Worldwide infrastructure and services for the exchange of information through electronic networks.

Commercial Letter

A formal document used in business transactions that typically contains specific information and terms regarding a deal or agreement.