Which Is Not a Reason Why It Is Difficult to Base

question 61

Multiple Choice

Which is not a reason why it is difficult to base decision making on ethics when working abroad?

• A) Because some countries accept corruption as a part of business practices .
• B) Because there are different consequences for corruption.
• C) Because there are no global ethical standards.
• D) Because the United States is the only nation without corruption.
• E) Because it is difficult to know what the ethical standards are for each nation.

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Definitions:

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels of government.

Income Tax

A tax imposed by the government on individuals or entities' income, varying according to income level and filing status.

After-Tax Profits

The net income a company retains after all taxes have been deducted from total revenue.

Board of Directors

A group of individuals elected by shareholders to oversee and make strategic decisions for a company.